The HOT Energy Group, RED Drilling & Services, and Chemieanlagenbau Chemnitz partner up

Underground Energy Storage Technologies (UEST) is the new consortium from The HOT Energy Group, RED Drilling & Services, and Chemieanlagenbau Chemnitz.

UEST said: “Our organisation builds on decades of expertise and offers a well-rounded service portfolio – from prospect assessment and operational planning, drilling, workover and well engineering solutions, all the way through to surface facilities ‘concept to handover’.”

The HOT Energy Group (HOT) is a leading subsurface engineering provider for production, injection and storage operations. Its vast subsurface experience stems from more than 30 years of characterising, modelling and simulating complex oil, gas & condensate reservoirs, underground gas storage (UGS) facilities and aquifers.

HOT’s global footprint is supported by HOT offices in Austria, Germany, Libya and the UAE and a network of alliance and representative offices.

RED Drilling & Services GmbH’s core business is the planning, implementation and maintenance of oil and gas exploration and production wells, gas storage and geothermal wells, as well as the plug and abandonment of old wells. Besides subsurface and surface engineering services, RED also operates its own drilling and workover rigs.

Chemieanlagenbau Chemnitz GmbH (CAC) is a renowned plant engineering company with more than 55 years’ experience in the planning, implementation and commissioning of gas plants and also surface facilities for natural gas underground storages by providing the whole range of engineering services from its own sources.

With around 400 employees, 280 at the company headquarters in Chemnitz, CAC has built more than 500 industrial plants worldwide.

For more information visit uest.at

26th February 2021