French tubular solutions provider Vallourec and Brazilian engineering firm Syngular Solutions have signed a memorandum of understanding (MoU). The goal is to collaborate on carbon capture and storage (CCS) and bioenergy with carbon capture and storage (BECCS) projects in Brazil.
This partnership aims to help Brazil develop sustainable energy solutions. BECCS captures CO2 from biomass-based energy systems. The CO2 is then stored underground in geological formations, such as depleted oil and gas reservoirs or deep saline aquifers. These sites are ideal for long-term storage.
Luiz Rocha, CEO of Syngular Solutions, said the partnership is a big step forward. It will help speed up CCS and BECCS projects across Brazil. By combining Syngular’s expertise in geological storage with Vallourec’s industrial capabilities, the two companies can work more efficiently.
Vallourec views this collaboration as part of its broader strategy. The company wants to partner with leaders in the New Energies sector. Its goal is to address environmental, industrial, and economic challenges related to energy transition. The company also wants to engage with customers early in project development. Sharing technical knowledge from the start helps ensure project success.
André Lacerda, Vallourec’s Senior Vice President for South America, emphasized Brazil’s potential. The country has a large ethanol industry and many suitable geological formations. These factors make Brazil an ideal place for BECCS projects. He added that this collaboration with Syngular will support CCS development from the earliest stages.
Overall, the partnership aims to accelerate Brazil’s efforts to reduce carbon emissions. It also supports the country’s transition towards cleaner energy sources.
