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 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 […]
In a significant move to address the challenges of decarbonizing hard-to-abate industries, Saipem, a leading global energy services company, and Valmet, a Finland-based global developer of process technologies, have announced a groundbreaking Memorandum of Understanding (MoU). This strategic collaboration aims to develop integrated solutions to reduce greenhouse gas emissions in the industrial sector. Pioneering Collaboration […]