Energean PLC has let a contract to Halliburton Corp. to assess carbon storage potential of Prinos basin in the North Aegean Sea south of Kavala, Greece, in 31 m of water.
Halliburton carbon capture, utilization, and storage (CCUS) experts will collaborate with Energean to evaluate the Prinos area’s CO2 storage complex. Scope of work will include long-term plume modeling, characterizing the storage complex, and a conceptual development plan with performance modelling. Work on the subsurface study began in early March.
Prinos basin includes Prinos oilfield and South-Kavala gas field and is the only oil and gas producing area in Greece. It has been identified as a location to host a CO2 storage plant with potential capacity to store close to 100% of Greek manufacturing sector emissions for 10 years, starting in 2025.
