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

23 Jan 2025 14:56 CET

Aker Carbon Capture ASA (ACC ASA), an Aker Horizons portfolio company, announced
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 the 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.

ENDS

For further information, please contact:

Jonas Gamre, Investor Relations, Tel: +47 97 11 82 92,

jonas.gamre@akerhorizons.com

Mats Ektvedt, Media, Tel: +47 41 42 33 28,

mats.ektvedt@corporatecommunications.no

About Aker Horizons:

Aker Horizons develops green energy and green industry to accelerate the
transition to Net Zero. The company is active in renewable energy, carbon
capture and sustainable industrial assets. As part of the Aker group, Aker
Horizons applies industrial, technological and capital markets expertise with a
planet-positive purpose to drive decarbonization globally. Aker Horizons is
listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across
its portfolio, the company is present on five continents.

www.akerhorizons.com

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