In a landmark development for the carbon capture industry, SLB (formerly Schlumberger Limited) and Aker Carbon Capture (ACC) have officially closed their much-anticipated joint venture (JV), setting the stage for enhanced industrial decarbonization efforts on a global scale. The deal, valued at approximately NOK 4.12 billion (around USD 440 million), sees SLB acquiring an 80% […]
In a significant move to enhance carbon removal technologies across North America, CO280 and Aker Carbon Capture have entered into a strategic partnership with Microsoft. The collaboration aims to scale up the entire value chain of carbon removal by capturing and permanently sequestering biogenic CO2 at pulp and paper mills, a sector with a carbon […]
Aker Carbon Capture, a pioneering company in the carbon capture and storage (CCS) industry, has recently been awarded a contract to conduct a feasibility study for integrating carbon capture technologies at multiple biomass and waste-to-energy facilities across Europe. The contract, awarded by a leading European developer, aims to explore the potential of Aker Carbon Capture’s […]
MAN Energy Solutions has awarded a significant feasibility study to Aker Carbon Capture, aiming to develop a joint power-to-fuel solution. This study marks an extension of Aker Carbon Capture’s partnership with MAN Energy Solutions, delving into the integration of the Just Catch 100 unit into a comprehensive power-to-fuel solution. Integrating Just Catch 100 for Efficient […]
In an effort to address the challenges of carbon emissions and bolster the Kingdom’s net-zero emission ambitions, Aker Carbon Capture and Aramco have inked a Memorandum of Understanding (MoU). This partnership will focus on carbon capture, utilization, and storage (CCUS), alongside industrial modularization in Saudi Arabia. Over the span of two years, the MoU aims […]
Aker Horizons said that it has completed a private placement to raise NOK 1 billion ($120 million) in gross proceeds to consolidate its balance sheet ahead of investments in its portfolio firms and new direct investments. The Norway-based planet-positive company will issue 28.9 million new shares at NOK 34.50 ($4.03) per share. Aker Horizons claimed […]