SLB and Aker Carbon Capture Announce Closing of Carbon Capture Joint Venture
The joint venture will enable wider adoption of market-ready and new carbon capture technologies for power and hard-to-abate industrial sectors worldwide.
"There is no credible pathway toward net zero without deploying carbon capture and sequestration (CCS) at scale," said
The new company will combine ACC's amine-based Advanced Carbon Capture™ technologies, including Just Catch™ and Big Catch™ modular plant technologies for medium- and large-scale facilities, and Just Catch Offshore™ for offshore gas turbines, with SLB's portfolio of technology solutions, including non-aqueous solvent and emerging sorbent-based offerings. The company currently has seven technology installations in progress that have the capacity to capture up to 1 million tonnes of CO2 emissions per year.
"There is no business as usual in the push toward net zero-we will accelerate decarbonization today and commercialize innovative technologies for the future," said
The new company will be headquartered in
Media contacts:
ACC ASA:
SLB:
JV: Hanne Rolén, mob: +47 990 02 571, email: hanne.rolen@akercarboncapture.com
Investor contacts:
ACC ASA:
SLB:
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