Greenland Energy has formalised an agreement with Halliburton to secure integrated consulting and logistical management services for its onshore drilling campaign in the Jameson Land Basin in Greenland.
The arrangement covers planning, coordination and transportation of equipment, as well as drilling and well services.
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Greenland Energy recently completed a year of preparation for the project in East Greenland.
The company plans to drill two wells this year in the Jameson Land Basin, which covers around two million acres and features several identified drilling targets.
Greenland Energy CEO Robert Price said: “Greenland Energy Company’s agreement with Halliburton is another pivotal milestone as we execute our 2026 drilling programme and build on the momentum following our NASDAQ listing.
“By working with Halliburton, we can tap into world-class expertise and advanced technologies that will enhance drilling accuracy, safety and efficiency under Arctic conditions.
“This agreement strengthens our operational platform and emphasises our commitment to technical excellence and responsible development in a frontier basin.”
Greenland Energy recently signed a five-year drilling agreement with Stampede Drilling to support the Jameson Land Basin operations. Prior to this, Greenland Energy entered into a logistics agreement with Canadian maritime operator Desgagnés to support cargo transportation pertaining to the same project.
According to Greenland Energy, the agreements with the three companies are intended to support an integrated operational approach to Arctic drilling, covering rig performance, logistics and subsurface technology.
Listed on Nasdaq, Greenland Energy engages in energy exploration activities with a focus on the development of Greenland’s hydrocarbon reserves, particularly in the Jameson Land Basin. The company was formed last month following the merger of Pelican Holdco, Pelican Acquisition, March GL and Greenland Exploration.
