News

Innovative Carbon Capture Project Announced by SLB and Aker Solutions

Innovative Carbon Capture Project Announced by SLB and Aker Solutions

Innovative Carbon Capture Project Announced by SLB and Aker Solutions

SLB Capturi, alongside Aker Solutions, has embarked on an ambitious project to deliver a carbon capture solution for a prominent waste-to-energy facility. This effort is driven by the increasing need to combat climate change through innovative technologies that enhance sustainability and reduce carbon emissions.

Contract Awarded for Cutting-Edge Carbon Capture

In a recent announcement, SLB revealed that it has been awarded an engineering, procurement, construction, installation, and commissioning (EPCIC) contract from Hafslund Celsio. This collaboration signifies a noteworthy advancement in Norway's push towards cleaner energy solutions. The facility in question is the largest in the country, significantly contributing to district heating.

What Does the Contract Entail?

The contract encompasses the establishment of a full-fledged carbon capture plant. It also includes a liquefaction system, a temporary storage unit, and a loading facility situated at the waste incineration site. An essential component of the project is the intermediate CO2 storage and ship loading system, which will be located at Oslo harbor. From here, captured CO2 will be transported to the Northern Lights storage facility along the Norwegian continental shelf. This innovative setup is projected to capture approximately 350,000 metric tons of CO2 each year once operational.

Driving Efficiency Through Innovation

The successful award of this contract comes on the heels of a thorough cost reduction phase aimed at enhancing project efficiencies. Hafslund Celsio focused on identifying potential optimizations, including layout improvements. The design will be based on SLB Capturi's Just Catch™ 400 unit, known for its space efficiency and effectiveness in reducing the on-site footprint. This modular systems approach is crucial to making carbon capture financially viable and effective, paving the way for broader implementation in the industry.

Key Players Express Enthusiasm

Egil Fagerland, CEO of SLB Capturi, expressed excitement about this collaboration. He highlighted the value of standardization and modularization in the economics of carbon capture. Fagerland remarked on the importance of aligning their innovative plant design with the project's techno-economic requirements, underscoring their commitment to successful execution.

A Broader Vision for Carbon Capture

This project represents the latest effort in the Longship initiative, where SLB Capturi already undertakes efforts to deliver a significant carbon capture plant at Heidelberg Materials’ cement facility in collaboration with Aker Solutions. As Norway continues to spearhead initiatives for carbon capture and storage, this new project further solidifies its role as a leader in sustainable energy solutions.

Industry Leaders Weigh In

Kjetel Digre, CEO of Aker Solutions, remarked on how this milestone is emblematic of essential public and private partnerships needed to foster a robust industrial carbon capture and storage sector. Digre emphasized the significance of their collective expertise in driving down emissions and creating substantial value for both the energy industry and society at large.

Looking Ahead to a Sustainable Future

Martin S. Lundby, CEO of Hafslund Celsio, expressed satisfaction with the partnership, noting the strength that comes from working with reputable organizations like SLB Capturi and Aker Solutions. The collaborative approach is expected to culminate in the operational rollout of the carbon capture solution by the third quarter of 2029. With ongoing developments in carbon capture technology, positions are becoming more favorable for transitioning towards a low-carbon future.

About SLB and Its Vision

SLB, a renowned global technology company, is at the forefront of energy innovation aimed at ecological balance. With operations spread across more than 100 countries, SLB is dedicated to advancing oil and gas innovations, delivering digital solutions at scale, and facilitating industry decarbonization efforts. They are also proactive in devising new energy systems to accelerate the energy transition.

About SLB Capturi

As a joint venture between SLB and Aker Carbon Capture, SLB Capturi is focused on delivering carbon removal and reduction systems. Their advanced modular technologies are designed for quick and efficient implementation, addressing the needs of industries striving for sustainability. Currently, the company is executing seven carbon capture projects across various sectors, including bioenergy and cement manufacturing.

About Aker Solutions

Aker Solutions stands out in delivering integrated products and services that facilitate the energy industry's transition to a more sustainable model. With an emphasis on reducing carbon footprints and fostering renewable energy solutions, Aker Solutions aims to support the energy transition through innovative digital solutions and reliable project execution.

About Hafslund Celsio

Hafslund Celsio is Norway's foremost provider of district heating. In 2024, the company achieved a significant milestone by producing 1.9 TWh of district heating, maintaining its status as a leader in waste-to-energy technology. The company also anticipates growth in district cooling initiatives, laying the foundation for continued innovation and efficiency in energy production.

Frequently Asked Questions

What is the aim of the carbon capture project announced by SLB and Aker Solutions?

The primary aim is to establish a carbon capture solution at a waste-to-energy facility to significantly reduce CO2 emissions.

How much CO2 will the new system capture annually?

The carbon capture plant is expected to capture approximately 350,000 metric tons of CO2 per year.

When is the expected operational date for the project?

The carbon capture solution is anticipated to be operational by the third quarter of 2029.

Who are the main partners in this initiative?

The main partners are SLB Capturi, Aker Solutions, and Hafslund Celsio.

What technology will be employed in the project?

The project will utilize SLB Capturi's Just Catch™ 400 unit, known for its modularized design and space efficiency.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Superga and Pasqua's Unlikely Fashion-Vineyard Fusion

Updated Category News Views 5

Superga and Pasqua: A Fusion of Fashion and Vineyards Here's one for the books: Superga, the storied Italian footwear maestro, teaming up with Pasqua Wines, straight out of Verona’s vineyard heartland. On the surface, it seems a rather odd coupling. One's got rubber soles; the other’s got corks. But they’ve pulled off a daring bedroom switch, creating a...

Continue Reading
Vortex Expands UK Reach with Torrent Acquisition Boost

Updated Category News Views 4

Vortex's Ambitious UK Expansion A seasoned investor keen on infrastructure plays would find Vortex Companies’ latest move significant—not just another acquisition, but a realigned strategy for dominance as Britain braces for an infrastructure overhaul. With Torrent Drainage Services in their pocket, the Vortex Group plans to amp up its trenchless rehabilitation...

Continue Reading
University of Phoenix Grads Shine in Job Readiness

Updated Category News Views 4

University of Phoenix Graduates Proving Their Worth Dive straight into the world of University of Phoenix grads, and you're looking at some folks who seem to have the workplace game figured out. A fresh Harris Poll, done on behalf of the University itself, paints a rosy picture of these graduates from the eyes of those who actually supervise them. Turns out, managers are...

Continue Reading
Crucial Insights for South GA Home Insurance Choices

Updated Category News Views 5

Understanding the Insurance Jargon Here we go again, dealing with insurance gobbledygook that’s about as clear as mud to most of us. Homeowners in South Georgia are being urged to pay attention to the differences between replacement cost and actual cash value in their insurance policies. This ain't just legalese, folks—it's your protection when disaster strikes in our...

Continue Reading
EPR Fireworks, Schedule2.IT Enhance EMS Integration

Updated Category News Views 6

Joining Forces for Effective EMS Management In a move that could shake up emergency medical services, EPR Fireworks has teamed up with Schedule2.IT to amp up integration. This Florida-based partnership is all about breaking down those bureaucratic firewalls between patient care and controlled substances tracking. They’re pushing for a seamless workflow, where crucial...

Continue Reading
Local Expertise in Real Estate: Key to Success?

Updated Category News Views 4

Local Market Know-How: A Seller's Best Asset So you're thinking about selling your home in North Carolina, huh? Here's a tip—get yourself a local real estate pro who knows the ins and outs of your neighborhood like the back of their hand. Michael McCollum, a prominent voice from Reidsville, NC, highlights how crucial local expertise can be in navigating the widely...

Continue Reading
Medicare Payment Proposal Faces Doctor Backlash in D.C.

Updated Category News Views 4

Why Same-Day Medicare Care Matters Imagine you're gasping for breath, struggling to find relief, and then being told to wait weeks for care. It's not just an inconvenience; it's a health hazard. This isn't some arbitrary tale—it's the gritty reality for folks relying on same-day care. A group of docs and advocates recently stormed Capitol Hill sounding the alarm about a...

Continue Reading
Reel Wheels: Hollywood's Iconic Car Collection Unveiled

Updated Category News Views 4

Rolling Out the Legends: A Peek Inside Reel Wheels Picture something that screams Hollywood. Now, give it wheels, maybe some wings too. That's what Reel Wheels Entertainment has laid out—a mind-boggling assortment of film and TV vehicles. Released on September 30, 2026, this collection is a treasure trove of Hollywood's on-screen memorabilia, and they're not just...

Continue Reading
OSHA and NSC Forge Alliance to Prevent Worksite Tragedies

Updated Category News Views 4

Forging Ahead With a Crucial Collaboration Ins, outs, ups, and downs—safety shouldn’t get lost in the shuffle, but it does. In steps the National Serious Injury and Fatality Prevention Alliance, a fresh partnership convened by OSHA with the National Safety Council—hop on board or get left behind mindsets. We’re talking about real, heads-down, hard-hitting actions...

Continue Reading
JennAir and Cosentino Introduce Seamless Kitchen Aesthetics

Updated Category News Views 4

It's not every day that the kitchen landscape gets a bold makeover, but JennAir and Cosentino seem to think it's time. Introducing their latest splash, the JennAir x Dekton panel collection is here to redefine what luxury kitchens can look like—an embodiment of seamless beauty that’s more sculpture than cooking space. Elevating Kitchen Design So, what's the buzz about...

Continue Reading

Top 5 Most Recently Viewed Articles

bit.bio Expands ioCells Line with Innovative ioTracker Cells

Updated Category News Views 161

Introduction to ioTracker Cells from bit.bio bit.bio is revolutionizing the world of human induced pluripotent stem cell (iPSC) research with the launch of its ioTracker Cells range. This innovative product line enables researchers to efficiently track and isolate human iPSC-derived cells like never before, paving the way for new possibilities in neurodegenerative disease...

Continue Reading
Investor Alert: Legal Actions Against Symbotic for Losses

Updated Category News Views 168

Investor Alert: Legal Actions Against Symbotic for Losses Faruqi & Faruqi, LLP is reaching out to investors who have incurred significant financial losses in Symbotic. If your losses exceed $100,000, now is the time to consider your legal options. Understanding the Situation with Symbotic Symbotic Inc. (NASDAQ: SYM) is presently under scrutiny for potential securities...

Continue Reading
Investing Wisely: Top AI-Driven Stocks to Consider Now

Updated Category News Views 282

Long-Term Investment Strategies for Stock Market Success Investing in high-quality stocks for the long haul has proven to be one of the most effective strategies for accumulating wealth in the stock market. This approach allows investors to take advantage of long-term growth trends as well as the benefits of compounding returns over time. For example, a hypothetical...

Continue Reading
Transforming Aviation: Trax Enhances WestJet with Digital Solutions

Updated Category News Views 199

WestJet Airlines underwent a massive overhaul thanks to its two-decade partnership with Trax. Back in the day, they relied on traditional aircraft maintenance solutions, but that all changed when WestJet decided to transition to Trax's web-based eMRO product. This was no small feat; it was a game-changer for their operational efficiency. By embracing mobile technology and...

Continue Reading
Unlock Seamless Check Printing with ezCheckPrinting Today

Updated Category News Views 108

Streamline Your Check Printing with ezCheckPrinting ezCheckPrinting and Virtual Printer emerge as a vital solution for accountants and CPAs utilizing QuickBooks and Quicken. This software is designed to maximize efficiency for both U.S. and Canadian users, ensuring a professional check printing experience without unnecessary complications. Why Choose ezCheckPrinting and...

Continue Reading