Energean forms new unit for Mediterranean CCS push
EnEarth subsidiary aims to develop low-carbon hub around Prinos storage site in Aegean Sea off northern Greece
London-based independent gas producer Energean has created a new subsidiary, called EnEarth, to focus on the development of CCS projects in the eastern Mediterranean. EnEarth’s immediate focus will be the development of the Prinos carbon storage project in the Aegean Sea, off northern Greece. The project envisages the conversion of the Prinos oil and gas field, which started production in 1981, into a storage site with a first-phase capacity of 1mt/yr of CO₂, subsequently rising to 3mt/yr. The Prinos site has been identified as the only suitable site in Greece to store carbon in the near future, according to EnEarth. In October 2022, the project was awarded the Mediterranean region’s first c
Also in this section
25 June 2024
Growing realisation that CO₂ from emissions-heavy sectors will need to be addressed and a collective response may have seen the pendulum swing
24 June 2024
Saudi Arabia lags the UAE in both standalone carbon capture and its deployment of low-emission hydrogen
21 June 2024
Hydrogen imports from Africa could offer Italy opportunity to develop into a southern Europe energy hub, a goal it already pursued for natural gas
21 June 2024
Wintershall Dea and Equinor target CO₂ onshore injections by end of decade as push to expand European storage capacity gathers pace