SLB Capturi Launches First Modular Carbon Capture Plant Investing.com
The plant will capture up to 100,000 metric tons of CO2 per year for Dutch sustainable energy supplier Twence
OSLO, Norway–( BUSINESS WIRE )–Global energy technology company SLB (NYSE: SLB) announced today that SLB Capturi has completed the commissioning and handover of its modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, the Netherlands.
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The new facility has the capacity to capture up to 100,000 metric tons of CO2 per year, which will be used in applications for the horticulture and food and beverage sectors. (Photo: Business Wire)
The new facility has the capacity to capture up to 100,000 metric tons of CO2 per year, which will be used in applications for the horticulture and food and beverage sectors.
The carbon capture plant is based on SLB Captura’s standard, modular Just Catch™ design, which reduces on-site installation and fit-out work – providing a more cost-effective, easier-to-install option compared to other market alternatives.
We are extremely proud of our collaboration with Twence to bring online the first modular waste-to-energy carbon capture plant, said Egil Fagerland, Chief Executive Officer, SLB Capturi. As pressure mounts on industry to reduce emissions and meet net zero targets, access to affordable, efficient carbon capture technologies is more important than ever. We look forward to continuing our mission to provide access to the capture technologies needed to achieve large-scale CO2 reductions.
“We are excited to see the successful completion of our new carbon capture facility,” said Marc Kapteijn, CEO of Twence. “This highly innovative and sustainable project was certainly realized by a motivated and dedicated team through intensive cooperation with SLB Capturi. In the spring, we will deliver the first CO2 to the greenhouse horticulture sector. We are convinced that this technology plays a key role in our ongoing efforts to reduce carbon emissions and achieve our sustainability ambitions.
About SLB
SLB (NYSE: SLB) is a global technology company driving energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work every day to innovate oil and gas, deliver digital services at scale, decarbonize industries, and develop and scale new energy systems that accelerate the energy transition. Learn more at slb.com.
About SLB Captura
SLB Capturi is a joint venture between SLB and Aker Carbon Capture, dedicated to carbon removal and reduction solutions. The company’s proven modular technologies enable industries to rapidly deploy imaging technology at scale, meeting tomorrow’s demands and today’s opportunities. The company currently supplies seven carbon capture plants for bioenergy, waste-to-energy and cement plants. Learn more at capturi.slb.com.
Cautionary Statement Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of US federal securities laws, that is, statements about the future and not about past events. Such statements often contain words such as “expect, may, may, estimate, intend, anticipate, will, potentially, predicted” and other similar words. Forward-looking statements refer to matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the introduction or expected benefits of SLB’s new technologies and partnerships; statements regarding sustainability and environmental issues, predictions or expectations related to global climate change; these statements are subject to risks and uncertainties, including the inability to realize net negative emissions from SLB’s strategies, initiatives or partnerships that address environmental issues, including initiatives that address the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the US Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such developments change), or if underlying assumptions prove incorrect, actual outcomes may differ materially from those reflected in our forward-looking statements. Forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to publicly update or revise such statements, whether as a result of new information, future events or otherwise.
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The media
Josh Byerly “Senior Vice President of Communications
Moira Duff “Director of External Communications
SLB
Phone: +1 (713) 375-3407
media@slb.com
Hanne Rolén “ Head of Sustainability and Communications
SLB Capturi
Phone: +47 990 02 571
Email: Hrolen@capturi.slb.com
Investors
James R. McDonald “Senior Vice President of Investor Relations and Industry
Joy V. Domingo “ Director of Investor Relations
SLB
Phone: +1 (713) 375-3535
investor-odnosi@slb.com
Source: SLB