Vallourec, a world leader in premium seamless tubular solutions, has been selected by EnEarth, a subsidiary of Energean, to supply premium tubular solutions for the first phase of the Prinos CO2 Carbon Storage project in Greece. The contract covers approximately 3,000 tons of casing pipes and accessories.
Located offshore Greece, Prinos CO2 is one of Europe’s most advanced Carbon Storage projects. It aims to convert depleted oil reservoir into a permanent CO2 storage site, with a targeted injection capacity of up to 2.8 million tons per year and a total proved plus probable storage capacity of 51.5 million tons, as per NSAI’s (Netherland, Sewell & Associates, Inc) independent Competent Person’s Report.
Recognized by the European Union as a Project of Common Interest and supported by European and Greek funding programs, Prinos CO2 is expected to contribute to the decarbonization of industrial activities in Greece and across the wider Eastern Mediterranean region.
Under the contract, Vallourec will deliver a comprehensive package of premium tubular solutions, including seamless carbon steel and corrosion-resistant alloy (CRA) casing pipes equipped with VAM® premium connections, recognized for their superior sealing performance and reliability. These solutions are designed to ensure long-term well integrity, a critical requirement for the safe and permanent storage of CO2. The scope also includes CLEANWELL® , Vallourec’s dope-free solution, which enhances operational efficiency while reducing environmental impact.
This award represents a significant milestone for Vallourec’s Carbon Capture and Storage business and strengthens its position as a trusted partner for carbon storage projects. It also provides a strong platform for Vallourec to support the future development phases of Prinos CO2 and additional Carbon Capture and Storage opportunities across Europe.
Philippe Guillemot, Chairman of the Board of Directors and Chief Executive Officer commented: 'We are proud to have been selected for the Prinos CO2 Carbon Storage project, one of Europe’s most advanced Carbon Capture and Storage developments. This award demonstrates the confidence placed in Vallourec’s ability to provide premium tubular solutions that meet the stringent integrity and reliability requirements of permanent CO2 storage. It also marks an important step in the development of our Carbon Capture and Storage business and illustrates our commitment to supporting our customers in delivering strategic energy transition projects.'
Nikolas Rigas, Head of Carbon Storage in EnEarth, commented: 'The Prinos CO2 Storage project is one of the first large-scale Carbon Capture and Storage developments to be built in Europe and the first of its kind in the Eastern Mediterranean. Projects of this significance are founded on safety, reliability, and long-term integrity. As Europe accelerates its decarbonization journey, infrastructure such as Prinos will play a critical role in enabling industry to reduce emissions while remaining competitive. The selection of Vallourec reflects our commitment to partnering with world-class companies whose expertise and technology will help ensure the safe and permanent storage of CO2 for decades to come.'
Source: Vallourec
