Kent awarded FEED contract for Prinos CO₂ Storage Project in Northern Greece

The Prinos CO₂ Storage Project in Northern Greece advances with Kent securing the front-end engineering design (FEED) contract from EnEarth. This development focuses on establishing a new CO₂ handling and storage facility near Kavala, designed to manage up to 2.8 million tonnes per annum (MTPA) of liquid CO₂ by 2029. The commercial logic centers on creating a dedicated infrastructure for carbon capture utilization and storage (CCUS), enabling remote emitters to transport CO₂ via marine carriers to a new marine terminal at the onshore Sigma plant. Kent benefits directly from this FEED award, securing a substantial engineering mandate for a complex, multi-component system that includes a new subsea pipeline connecting to a standalone CO₂ Injection and Water Production (COIWP) platform. EnEarth, as the developer, progresses a critical decarbonization asset, leveraging the project's secured funding from the EU’s Connecting Europe Facility (CEF) and the Greek Recovery and Resilience Facility (RRF). EnEarth, a Wilmington, DE-based environmental consulting firm, drives this Prinos CO₂ Storage Project, aligning with its specialization in sustainability strategies and environmental impact assessments. Their involvement as developer demonstrates a commitment to advancing large-scale environmental infrastructure, moving beyond pure consulting into project execution for sectors like renewable energy. For Kent, this FEED contract adds a significant CCUS project to its engineering portfolio, demonstrating capabilities in complex industrial and marine infrastructure within the European market. The project's funding from the EU’s Connecting Europe Facility and the Greek Recovery and Resilience Facility provides a strong financial underpinning, de-risking the development for EnEarth and indicating broader institutional support for carbon storage initiatives in Greece and the wider European Union.