SLB and Aker Carbon Capture Joint Venture

The CCUS Technology Expo last week provided a good venue to introduce the new SLB and Aker Carbon Capture Joint Venture to a wide audience. Most of the interest from the more than 8,000 participants was connected to the many projects that the joint venture already have in delivery, such as the Brevik CCS project, the Twence waste to energy project and the Kalunborg Hub project for Ørsted in cooperation with Microsoft and Northern Lights JV. Many people also visited the stand to see the large scale model of our most popular product in the US market, the Just Catch 400, a modular large scale carbon capture plant. - I am really pleased with the interest we have seen for the new joint venture, said Kristin Onarheim, Head of Advisory Services at SLB and Aker Carbon Capture Joint Venture.

Our brand-new second Mobile Test Unit (#MTU) is ready to set sail from Sola, Norway, to North America!   For the first time in over a decade, SLB and Aker Carbon Capture Joint Venture is deploying an MTU in the United States. The MTU will mature more emitters and additional industry segments to reduce and remove CO2 through carbon capture 🌿 Since 2008, we have benefitted from deploying the MTU across a range of flue gases and locations, enabling process optimization for industrial size plants.    “We’re excited about deploying our second MTU and are looking forward to the first test campaign in the pulp and paper segment. This journey is a result of Norwegian technology development over many years, which can now benefit emitters on a global level, meeting the need and rising demand from the market”, said Tove Ormevik, Director Delivery Functions & Aftermarket.   The MTU will be first transported to Bremerhaven in Germany, where it will be shipped across the Atlantic.   Thank you to Hitec Products AS and all other partners for a successful collaboration. Safe passage, MTU 2! 🚢   #ImpactAtScale #WeMakeCarbonCaptureHappen

We in SLB and Aker Carbon Capture Joint Venture are present in beautiful Almedalen this week looking forward to key discussions around the importance of creating the right regulatory and market conditions for #BECCS to finally move from concept to reality ⏩ 🌍   Our Director Carbon Removals, Joel Flitton is attending a panel from 11-11:30 CET on the SEB stage Wednesday June 26. Meet us there or tune in to the digital broadcast using this link 🔗 https://lnkd.in/dq4gnP4U   #ImpactAtScale #WeMakeCarbonCaptureHappen

This is how happy we get after being recognized as a finalist for the #NorwegianTechAward! 🏆 The acknowledgment reflects our dedication to combat climate change and technological excellence. With our newly formed SLB and Aker Carbon Capture Joint Venture, we combine our industry expertise and innovative technologies to deliver carbon capture at scale to the global industrial market 🌎 #ImpactAtScale #WeMakeCarbonCaptureHappen

𝐈𝐦𝐩𝐚𝐜𝐭 𝐚𝐭 𝐬𝐜𝐚𝐥𝐞 🚀 Yesterday we marked our day 1 as SLB and Aker Carbon Capture Joint Venture 🌍 With innovative technologies, deep technical expertise, industrialization capability and market reach, we are set to accelerate the decarbonization towards #Net Zero, enabling both carbon reduction and removal. With seven installations already underway, capable of capturing 1 million tonnes of CO2 annually, we're not just dreaming of a greener future - we're building it 💪   #RoadToNetZero #WeMakeCarbonCaptureHappen  SLB

Our Joint Venture between SLB and Aker Carbon Capture is now established! 📢   The new company combines technology portfolios, expertise and operations platforms to accelerate carbon capture adoption and industrial decarbonization at a global scale 🌍🌎🌏   “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 Egil Andre Fagerland, newly appointed Chief Executive Officer of the SLB - Aker Carbon Capture Joint Venture. “We are proud of the carbon capture plants we are delivering across various industries, with each customer being an important front-runner in its segment. Successful project deliveries are paving the way for other emitters to follow,” continued Fagerland.     Read the press release 👉 https://lnkd.in/dpxg94pf

This Pride Month, our team at Aker Carbon Capture is stepping up in style for inclusion! 🌈 We've swapped our usual footwear with socks that sport the vibrant colours of the rainbow flag, a small but meaningful symbol of our support for the LGBTQ+ community. Our way of literally walking the talk when it comes to diversity and inclusion 👟 Let's continue to build a culture that embraces diversity in all its forms because when we do, we all thrive together. #PrideMonth #DiversityAndInclusion

“#CCS is a game changer when it comes to solving the climate challenge in industries that cannot be electrified”, says Nils Røkke, Executive Vice President Sustainability at SINTEF. “Aker Carbon Capture represents a technology that benefits society. They were early, probably too early. The market was not ready for them. They have persevered, and now there is a lot of trust in carbon capture and storage (CCS)," he points out. So, in all humility, it’s perhaps not a huge surprise that we have been nominated for this year’s Norwegian Tech Award! 😉 In relation to this award, Teknisk Ukeblad spoke to our Chief Operational Officer Erik Langholm at Brevik, where we are developing the world’s first large-scale #carboncapture plant at a cement facility. #WeMakeCarbonCaptureHappen Heidelberg Materials Sement Norge

Curious about how carbon dioxide removals enable CCS business cases in the United States today? 🌎 Carbon dioxide removals is gaining increased momentum worldwide as policymakers are looking to incentivize the industry. However, countries take different steps to facilitate the market. Check out the following blog by our Policy Advisor Nicolai Mykleby-Skaara to learn more about the US approach, stating that “The US government is demonstrating commitment to the CDR market by being one of the first high integrity CDR credit purchasers causing a ripple effect of offtakers that follow the DOE’s lead with instilled confidence, bolstered by a strong financial incentive through the 45Q stacked with CDR credit sales and business case predictability”   Link below 👇

In addition to being carbon capture experts, we also have several athletes in our lineup 🏃♂️ Yesterday, Anton Kamolz made us all proud in the "Stairway to Heaven" run, showcasing incredible endurance and speed while navigating up the golden staircase at Aker Tech House. Today, our team is lacing up for the Fornebu run, ready to hit the ground running! Go team Aker Carbon Capture! 💪🌿 #PlanetPositivePeople