About Us
Our History
We have been changing for 55-years.
Created in 1997, we are the successor of the traditions developed by the Geologic-research enterprise — Asenovgrad established in 1966. Although we inherit 55 years of traditions, we strive to change and develop constantly.
Establishment
Establishment of the Geologic “Exploration Enterprise Asenovgrad” by consolidation of “Northern Rhodope” and “Erma Reka”
First leap in technology
Adopting technological innovation - mechanical and semi-hydraulic drilling rigs.
Change in regime
Geoengineering AD becomes the legal successor of “Exploration Enterprise Asenovgrad,
Second leap in technology
Adopting fully hydraulic and remotely-operated drilling equipment. Establishment of international partnerships with western European companies.
Continuous development
Reorganization to contemporary set of services. Portfolio diversification. Partnerships expansion .
CORE VALUES
Our expertise comes with sensibility.
We carry the full range of services in the industry and we are deeply standardized. We use a processes and quality monitoring system that gives us exceptional transparency.
We are constantly developing. We reinvest each year over 80% of the Company’s profits back into development.
Drilling does not exist for its own sake. This is why, we take it personally to use drilling for the sake of improving the environment of others.
All we do is possible thanks to the people around us — our employees and their families. We work to create the best professional environment.
MISSION
Our passion for geo-engineering sciences gives us the will to be the most reliable, flexible and intelligent partner providing geoengineering services.