Tuesday, 26th May 2026

Vallourec

This agreement 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. This partnership with Syngular Solutions enables Vallourec to early engage with its end customers from the outset of project development, share technical expertise at an early stage and promote its carbon capture and storage initiatives and strategic positioning to the market. BECCS is a carbon removal technology that captures CO2 from biomass-based energy systems and stores it permanently in geological formations, such as depleted oil and gas reservoirs or deep saline aquifers. The result is net-negative emissions in the atmosphere. In that perspective, Syngular Solutions is actively engaging with the ethanol industry to showcase the potential of geological reservoirs for CO₂ storage — a segment with significant decarbonization potential in Brazil. This MoU is part of Vallourec’s broader strategy to partner with key experts and leading players in the New Energies sector, capable of responding to the industrial, environmental and economic challenges of the energy transformation while supporting its strategic positioning in CCUS development.