Summit Carbon Solutions has achieved a critical breakthrough with the North Dakota Public Service Commission granting a Route Permit for its ambitious CO2 pipeline project. This decision signifies the culmination of an exhaustive review process aimed at balancing economic growth with the interests of local communities, stakeholders, and landowners. The permit sets the stage for […]
Aramco, a global leader in integrated energy and chemicals, has announced its acquisition of a significant equity stake in Blue Hydrogen Industrial Gases Company (BHIG), based in Jubail. This transaction, pending standard closing conditions, includes options for hydrogen and nitrogen offtake for Aramco, highlighting a significant stride in its green energy initiatives. In a strategic […]
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 […]
In a landmark move aimed at propelling industrial decarbonization efforts forward, Aker Carbon Capture ASA (ACC) and SLB have officially announced their agreement to merge their carbon capture ventures. This strategic alliance is poised to significantly enhance the commercial deployment of carbon capture technologies on a global scale, signaling a major step towards achieving Net […]
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 […]
Air Liquide, French industrial gases company, has signed a memorandum of understanding with Equinor and its partners Shell and Total to join the Northern Lights CCS project – a new carbon capture and storage project (CCS project) in Norway. The collaboration is said to demonstrate Air Liquide’s commitment to the development of a low carbon […]
US oil and gas giant ExxonMobil and California-based start-up Mosaic Materials have partnered to evaluate a new carbon capture technology that can remove carbon dioxide from emissions sources using advanced chemistry. Mosaic Materials has developed a process that makes use of porous solids, known as metal-organic frameworks, to separate carbon dioxide from the air or […]