EnEarth
EnEarth is a Greek carbon storage developer and Energean subsidiary that repurposes depleted oil and gas fields into licensed CO2 storage hubs, serving hard-to-abate industrial emitters in the Mediterranean with the Prinos CO2 project.
- Company typePrivate
- Founded2024
- Headquarters—
- Headcount1–10
- GTM typeB2B
- OfferingServices
What EnEarth does
EnEarth is a Greek carbon storage developer and a wholly-owned subsidiary of upstream energy operator Energean, established to commercialize geological CO2 sequestration assets repurposed from Energean's existing oil and gas portfolio. The company's flagship project, Prinos CO2 Storage, transforms the depleted Prinos offshore oil field in Northern Greece (Kavala region) into the first licensed carbon storage facility in Southeast Europe. Independent assessment by Netherland, Sewell & Associates Inc. confirms 51.5 million tonnes of 2P storage capacity, supporting annual injection of 2.8 million tonnes for at least 15 years with potential extension to 18-20 years, with storage at approximately 3,000 meters below the seabed in a reservoir that has demonstrated long-term geological containment. EnEarth is also advancing a second project, Devnya CO2, and has built an ecosystem of strategic partnerships - notably with RepAir for Direct Air Capture technology and Prime Marine for maritime CO2 shipping - to serve as a regional CO2 storage hub across the Mediterranean.
The company's business model is enterprise B2B, providing usage-based CO2 storage services to hard-to-abate industrial emitters in Greece and the broader Mediterranean region. Storage capacity is allocated through market tests to industrial units seeking decarbonization pathways, with revenue mechanics tied to volumes injected and permanently sequestered. Go-to-market relies on direct enterprise sales engagement rather than a self-serve channel. Operations are pre-revenue: a new offshore Omega platform is targeted for installation by end of 2026, with full commercial operations targeted from 2030, supported by an EU grant of approximately EUR 120 million and total project investment exceeding EUR 1 billion. The company is small (1-10 employees) and leverages shared services and infrastructure from parent Energean, with leadership combining oil and gas execution veterans (subsurface, drilling, projects) with EU regulatory and commercial specialists.
EnEarth firmographics
Firmographics- Name
- EnEarth
- Legal name
- EnEarth
- Website
- https://enearth.earth
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- EnEarth is a Greek carbon storage developer and Energean subsidiary that repurposes depleted oil and gas fields into licensed CO2 storage hubs, serving hard-to-abate industrial emitters in the Mediterranean with the Prinos CO2 project.
- Ownership category
- akta.pro rank
EnEarth industry classification
Industry- Product category
- Carbon Storage / CCUS Infrastructure
- NAICS
- Warehousing and Storage (493), Other Warehousing and Storage (49319)
- SIC
- Oil & Gas Field Services, Nec (1389), Public Warehousing & Storage (4220)
- akta.pro primary industry
- Depleted Oil & Gas Reservoir Storage (Conversion, Re-pressurization, Monitoring) (EUABAHAH)
- akta.pro secondary industries
- CO₂ Storage Well Engineering & Services (Drilling, Completion, Workovers, Integrity) (EUABAHAI), CO₂ Transport Network Hubs & Interconnects (Multi-User Hubs, Manifolds, Metering) (EUABAHAE), Enhanced Oil Recovery (EOR) & IOR (CO₂, Steam, Chemical) (EUALAAAG)
Keywords
EnEarth business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales
Revenue model
- CO2 Storage Services: Revenue generated from providing CO2 storage services to industrial facilities. The company allocates storage capacity through market tests to industrial units seeking to store CO2 emissions. Services include injection and permanent storage of CO2 in geological reservoirs.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
EnEarth product offering
Product offeringCore offering
EnEarth provides geological CO2 storage services to hard-to-abate industrial customers, injecting captured CO2 into depleted oil and gas reservoirs and deep saline aquifers. Its flagship Prinos CO2 project in Northern Greece offers 2.8 million tonnes of annual storage capacity for at least 15 years, with the Prinos field being the first licensed carbon storage site in Southeast Europe. The company also offers the Devnya CO2 project, Direct Air Capture integration via RepAir, and CO2 shipping services via Prime Marine.
Product overview
EnEarth is a carbon storage company and subsidiary of Energean, operating as a single unified service offering rather than a platform-plus-modules architecture. The company's primary offering is the transformation of depleted oil and gas fields into geological carbon storage facilities. The flagship product is Prinos CO2 Storage, the first licensed carbon storage project in Southeast Europe, with confirmed capacity of 51.5 million tonnes. A second project, Devnya CO2, is also in development. The service portfolio includes CO2 injection and storage, facilitated by Direct Air Capture technology partnerships (DACS with RepAir) and CO2 shipping logistics (with Prime Marine). The company is establishing Northern Greece as a green and decarbonization hub in the Mediterranean, with operations scheduled to begin fully in 2030.
Differentiator
Problem solved
Functional benefit
Companies that use EnEarth
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
EnEarth technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
EnEarth partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- RepAircoreRepAir, a leader in Direct Air Capture (DAC) technology, has partnered with EnEarth to implement RepAir's Direct Air Capture technology for carbon capture and storage in the Prinos depleted field in Kavala, Greece. This collaboration aims to start capturing and storing CO2 by 2026, utilizing Prinos' existing infrastructure and RepAir's efficient, scalable DAC system to support regional decarbonization.
- Prime MarinecoreEnEarth has partnered with Prime Marine to facilitate the transportation of CO2 as part of its comprehensive carbon storage initiatives. This collaboration leverages Prime Marine's extensive shipping capabilities to efficiently transport captured CO2 from various emission sources in the Mediterranean region to the Prinos saline aquifer in Kavala, Greece.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
EnEarth competitors and assessment
Company assessmentDirect peers
- Aker Carbon Capture: Norwegian company providing carbon capture plant technology and pursuing CCS-as-a-service offerings. Comparable as a CCS-focused company building infrastructure to capture and store industrial CO2 emissions, though more focused on the capture side than EnEarth's storage-side focus.
- Aramis: Proposed Dutch CCS infrastructure project to develop an offshore CO2 transport pipeline network connecting industrial clusters to depleted gas fields. Directly comparable as a large-scale CO2 transport and storage hub targeting hard-to-abate industries in Northwest Europe.
- Northern Lights: Joint venture of Equinor, Shell and TotalEnergies developing open-source CO2 transport and storage infrastructure in the Norwegian North Sea. Closely comparable to EnEarth as a dedicated CO2 storage hub operator serving third-party industrial emitters with subsea reservoir injection.
- Porthos: Dutch CCS project transporting CO2 from Rotterdam industrial emitters and injecting it into depleted offshore gas fields under the North Sea. Directly comparable to EnEarth's Prinos project in terms of repurposing depleted reservoirs for industrial-scale CO2 storage.
- Greensand (Denmark): Danish CCS consortium led by INEOS Energy and Wintershall Dea, demonstrating CO2 storage in the Nini West depleted oil field in the North Sea. Directly comparable to EnEarth as a depleted-reservoir storage project targeting cross-border CO2 shipments.
Broad incumbents
- 1PointFive (Occidental): Occidental subsidiary building large-scale CCS and Direct Air Capture infrastructure, including the Stratos DAC facility in Texas. Comparable as a major incumbent pursuing both CCS and DAC at scale, though operating primarily in North America.
Emerging players
- Climeworks: Swiss Direct Air Capture specialist with operational DAC plants in Iceland (Mammoth via Carbfix partnership) and Oman. Comparable as a DAC technology provider that ultimately needs geological storage partners — a structural complement to EnEarth's storage hub model.
- RepAir: Direct Air Capture technology company partnering with EnEarth on the Prinos DAC integration from 2026. Comparable as an emerging DAC player whose commercial trajectory is partly tied to EnEarth's storage infrastructure becoming operational.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
EnEarth social profiles
Digital presenceEnEarth financial estimates
Financial estimateRevenue estimate
Valuation estimate
EnEarth leadership team
Management profileNumber of profiles
Profiles6 records
EnEarth funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EnEarth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EnEarth
What does EnEarth do?
EnEarth provides geological CO2 storage services to hard-to-abate industrial customers, injecting captured CO2 into depleted oil and gas reservoirs and deep saline aquifers. Its flagship Prinos CO2 project in Northern Greece offers 2.8 million tonnes of annual storage capacity for at least 15 years, with the Prinos field being the first licensed carbon storage site in Southeast Europe. The company also offers the Devnya CO2 project, Direct Air Capture integration via RepAir, and CO2 shipping services via Prime Marine.
Is EnEarth a public or private company?
EnEarth is a private company. It is classified as corporate owned and is currently operating.
When was EnEarth founded?
EnEarth was founded in 2024. It employs 1 to 10 people.
How does EnEarth make money?
One revenue line is on record: CO2 Storage Services.
Who are EnEarth's main competitors?
Direct peers on record are Aker Carbon Capture, Aramis, Northern Lights, Porthos and Greensand (Denmark). 1PointFive (Occidental) is listed as a broad incumbent. Emerging players are Climeworks and RepAir.
Does EnEarth have an API?
No public API is recorded for EnEarth.
What industry is EnEarth in?
EnEarth's product category is Carbon Storage / CCUS Infrastructure. Its primary akta.pro industry code is EUABAHAH, Depleted Oil & Gas Reservoir Storage (Conversion, Re-pressurization, Monitoring), with a secondary code of EUABAHAI, CO₂ Storage Well Engineering & Services (Drilling, Completion, Workovers, Integrity). Its NAICS code is 493 and its SIC code is 1389.