French tubular supplier Vallourec has secured two significant contracts. One with Subsea7 for Petrobras' Sepia 2 project offshore Brazil, involving 130 km of rigid risers and flowlines. The other with EnEarth for the Prinos CO2 storage project offshore Greece, supplying casing pipes and connections. The Brazil deal is for oil and gas production, while the Greek contract supports the first large-scale CCS project in the Eastern Mediterranean. Prinos aims to inject up to 2.8 million tons of CO2 per year into a depleted reservoir, with total storage capacity of 51.5 million tons. The project has EU backing as a Project of Common Interest. These awards show how Vallourec is serving both fossil fuel extraction and carbon storage, reflecting the dual reality of the energy transition. The Greek project is particularly relevant for carbon markets and climate policy, as it provides infrastructure for industrial emitters to store CO2 permanently.
