Halliburton, Energean to study Greek carbon storage
East Med producer Energean said March 23 it had awarded a contract to US oilfield services company Halliburton to assess the CO2 storage potential of the Prinos basin in Greece.
Working with Energean, Halliburton’s carbon capture and storage (CCS) team will conduct long-term plume modelling to characterise the storage complex and craft a conceptual development plan with performance modelling. Halliburton will also deploy a fully-integrated cloud based CO2 storage workflow platform as part of the study.
“This project will be the first end-to-end CCS subsurface evaluation collaboration between an operator and energy services provider in Europe, and we look forward to supporting Energean’s energy transition journey,” said Martin White, president of Halliburton in Europe, Eurasia and sub-Saharan Africa.
Katerina Sardia, Energean’s country manager in Greece, said the Prinos basin has already been identified as an “ideal” location for CO2 storage, with sufficient pore space to adequately store 10 years worth of emissions generated by the Greek manufacturing sector.
“Halliburton’s unique know-how and acquaintance with Prinos ensures strong project collaboration and provides the basis for the successful implementation of a project that is core to Energean’s path to net zero,” she said.
Work on the subsurface study began is already underway, and Energean hopes to be in a position to begin storage activity in 2025.