French tubular solutions provider Vallourec and Syngular Solutions, a Brazilian engineering and consulting company specialized in bioenergy with carbon capture and storage (BECCS) and carbon capture, utilization and storage (CCUS) projects, have signed a memorandum of understanding (MoU) to collaborate on carbon capture and geological storage initiatives in Brazil.
The MoU establishes a joint collaboration framework aimed at developing BECCS projects, a carbon removal technology that captures CO2 from biomass-based energy systems and stores it permanently in geological formations, such as depleted oil & gas reservoirs or deep saline aquifers.