Vallourec and Geostock Forge Partnership for Energy Transition

Vallourec and Geostock have signed a Memorandum of Understanding to enhance storage solutions essential for the energy transition, focusing on hydrogen and carbon capture, utilization, and storage (CCUS). The partnership aims to combine their strengths in developing necessary infrastructure for these solutions.

The collaboration centers on hydrogen storage, leveraging Vallourec's turnkey Delphy system and Geostock's mined lined rock caverns. Vallourec's solution is noted for storing up to 100 tons of hydrogen safely, while Geostock's caverns accommodate capacities exceeding 500 tons. The partnership also involves joint efforts in well architecture and tubular solutions for hydrogen and CCUS applications.

This agreement is part of Vallourec's broader strategy to collaborate with key players in new energies, addressing industrial, environmental, and economic challenges. Geostock sees this as an opportunity to expand their underground storage solutions.