Aker Carbon Capture ASA announces that SLB Capturi has completed its first modular carbon capture plant

23 Jan 2025 14:54 CET

Aker Carbon Capture ASA (ACC ASA) is excited to announce that SLB Capturi has
completed commissioning and is handing over its first modular carbon capture
plant at Twence's waste-to-energy facility in Hengelo, Netherlands.

The carbon capture plant is based on SLB Capturi's standard, modular Just CatchT
design, which reduces onsite installation and outfitting work - providing a more
cost-efficient and easier-to-deploy option compared with other market
alternatives.

Completion of the plant, with the capacity to capture up to 100,000 metric tons
of CO2 per year, marks a significant milestone in enabling
affordable decarbonization. The captured CO2 will be used in applications for
the horticulture and food and beverage sectors.

SLB Capturi is a joint venture between SLB and ACC ASA, combining the strengths
and capabilities of both companies to accelerate industrial decarbonization at a
global scale. SLB owns 80% of SLB Capturi, while ACC ASA owns the remaining 20%
stake.

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ENDS

For further information:

Media and Investors: Mats Ektvedt, mob: +47 41 42 33 28,

email: mats.ektvedt@corpcom.no

About Aker Carbon Capture

Aker Carbon Capture ASA was established as a separate entity in 2020, building
on more than 20 years long experience and maturation of the carbon capture
technology within Aker. Following an agreement with SLB, a joint venture between
SLB and Aker Carbon Capture was established in June 2024. The JV, SLB Capturi,
is headquartered in Oslo, with SLB owning 80% and Aker Carbon Capture ASA owning
20%, two strong companies with proven track record of building successful
industrial businesses positioned for substantial growth.

https://akercarboncaptureasa.com

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