Schlumberger and RTI International Partner to Accelerate the Industrialization of Innovative Carbon Capture Technology
17 Oktober 2022 - 1:00PM
Business Wire
Non-aqueous solvent technology drives carbon
capture cost reductions across hard-to-abate industries
Regulatory News:
Schlumberger announced today that it has entered into an
agreement with RTI International, a nonprofit research institute,
to accelerate the industrialization and scale-up of its proprietary
non-aqueous solvent (NAS) technology, which enhances the efficiency
of absorption-based carbon capture. The NAS technology will be
applicable to capture CO2 across a broad variety of industrial
emissions.
“With the world’s carbon budget running out, reducing emissions
is a societal imperative,” said Gavin Rennick, president of
Schlumberger’s New Energy business. “Carbon capture technologies
are a key enabler in realizing a low carbon future—and we are
excited about this exclusive agreement to work with RTI on
industrializing and scaling this innovative carbon absorption
technology, and bringing it to market.”
The NAS technology offers a compelling alternative to
conventional aqueous solvent technologies for carbon capture, as it
consumes less energy while retaining high CO2 capacity, resulting
in a material reduction in operating costs. The NAS technology is
also less corrosive—eliminating the need for high-grade
corrosion-resistant alloys and the associated increase in capital
costs. This enhances the overall economics of carbon capture,
utilization and storage (CCUS) projects.
“RTI has developed the innovative NAS technology over the past
12 years, progressing from lab scale to large engineering scale,”
said Dr. Marty Lail, senior director of RTI’s Decarbonization
Sciences program. “NAS technology uses as much as 40% less energy
during the CO2 capture process. High capture efficiency at lower
energy cost is critical for widespread commercial use of carbon
capture solvents.”
As part of an engineering-scale carbon capture demonstration
funded by the U.S. Department of Energy, NAS technology was able to
remove >99% of the CO2 from natural gas combustion exhaust
streams—the highest capture efficiency reported for any carbon
capture solvent technology for this application.
RTI and Schlumberger will collaborate to develop models that
enable fast design and process customization to achieve a
step-change in CO2 capture operations while leveraging
Schlumberger’s global footprint to expand market opportunities for
the technology.
About Schlumberger
Schlumberger (NYSE: SLB) is a technology company that partners
with customers to access energy. Our people, representing over 160
nationalities, are providing leading digital solutions and
deploying innovative technologies to enable performance and
sustainability for the global energy industry. With expertise in
more than 120 countries, Schlumberger collaborates to create
technology that unlocks access to energy for the benefit of all. In
the world of new energy, Schlumberger leverages its intellectual
and business capital to focus on low-carbon and carbon-neutral
technologies, including ventures in the domains of hydrogen,
lithium, energy storage, carbon capture, utilization and
sequestration, geothermal power and geoenergy.
For more information, visit www.newenergy.slb.com
About RTI International
RTI International is an independent, nonprofit research
institute dedicated to improving the human condition. Clients rely
on us to answer questions that demand an objective and
multidisciplinary approach — one that integrates expertise across
the social and laboratory sciences, engineering and international
development. We believe in the promise of science, and we are
inspired every day to deliver on that promise for the good of
people, communities and businesses around the world.
For more information, visit www.rti.org.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the U.S. federal securities laws — that is,
statements about the future, not about past events. Such statements
often contain words such as “expect,” “may,” “can,” “estimate,”
“intend,” “anticipate,” “will,” “potential,” “projected" and other
similar words. Forward-looking statements address matters that are,
to varying degrees, uncertain, such as forecasts or expectations
regarding the deployment of, or anticipated benefits of, carbon
capture technologies and partnerships; statements about goals,
plans and projections with respect to sustainability and
environmental matters; forecasts or expectations regarding energy
transition and global climate change; and improvements in operating
procedures and technology. These statements are subject to risks
and uncertainties, including, but not limited to, the inability to
achieve net-negative carbon emissions goals; the inability to
recognize intended benefits of carbon capture strategies,
initiatives or partnerships; legislative and regulatory initiatives
addressing environmental concerns, including initiatives addressing
the impact of global climate change; the timing or receipt of
regulatory approvals and permits; and other risks and uncertainties
detailed in the companies’ public filings, including Schlumberger’s
most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the
U.S. Securities and Exchange Commission. If one or more of these or
other risks or uncertainties materialize (or the consequences of
such a development changes), or should underlying assumptions prove
incorrect, actual outcomes may vary materially from those reflected
in our forward-looking statements. The forward-looking statements
speak only as of the date of this press release, the parties
disclaim any intention or obligation to update publicly or revise
such statements, whether as a result of new information, future
events or otherwise.
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Media Moira Duff – Director of External Communication,
Schlumberger Limited Tel: +1 (713) 375-3407 media@slb.com
Kerry Branon – Media Relations Manager, RTI International Tel:
+1 (919) 708-8205 news@rti.org
Investors Ndubuisi Maduemezia – Vice President of
Investor Relations, Schlumberger Limited Joy V. Domingo – Director
of Investor Relations, Schlumberger Limited Tel: +1 (713) 375-3535
investor-relations@slb.com
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