Innovative capture technology design enables key carbon
capture and storage project in Norway to move forward
SLB (NYSE: SLB) today announced that SLB Capturi, in
collaboration with Aker Solutions, has been awarded an engineering,
procurement, construction, installation and commissioning (EPCIC)
contract from Hafslund Celsio AS to deliver a carbon capture
solution at its waste-to-energy facility in Klemetsrud, Oslo.
Hafslund Celsio is Norway’s largest district heating supplier and
the owner and operator of Norway’s largest waste-to-energy plant.
Hafslund Celsio’s carbon capture project is part of Longship, the
Norwegian Government’s full value-chain carbon capture and storage
(CCS) project.
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The project will now be delivered based
on SLB Capturi’s modularized Just Catch™ 400 unit. The
space-efficient Just Catch design has been fundamental to enabling
a viable, cost-effective solution by reducing onsite footprint,
installation, and outfitting work.(Photo: Business Wire)
The contract award includes delivery of a carbon capture plant,
liquefaction system, temporary storage, and a loading facility at
the waste incineration site. It also includes an intermediate CO2
storage and ship loading system at Oslo harbor, from where the CO2
will be transported to the Northern Lights permanent storage
facility on the Norwegian continental shelf. When operational, the
carbon capture plant is expected to capture 350,000 metric tons of
CO2 annually.
The EPCIC award follows a cost reduction phase for Hafslund
Celsio’s project, which identified opportunities for efficiencies,
including layout optimization. The project will now be delivered
based on SLB Capturi’s modularized Just Catch™ 400 unit. The
space-efficient Just Catch design has been fundamental to enabling
a viable, cost-effective solution by reducing onsite footprint,
installation, and outfitting work.
“Standardization and modularization play a key role in shifting
the economics of carbon capture projects,” said Egil Fagerland,
chief executive officer, SLB Capturi. “We are extremely proud of
our collaboration with Hafslund Celsio and Aker Solutions to align
our Just Catch plant design with the techno-economic requirements
of this project to help make it a reality. We look forward to
delivering this flagship project as a successful blueprint for
industrial decarbonization projects in Norway and across the
globe.”
Hafslund Celsio’s project is the second carbon capture plant in
Longship, where SLB Capturi is already delivering the carbon
capture plant at Heidelberg Materials’ cement facility in Brevik in
collaboration with Aker Solutions.
“Today marks a significant milestone for Aker Solutions and the
CCS industry in Norway. We are proud to be part of this key project
and look forward to contributing with our effective project
execution, based on three decades of experience in the CCS market.
This project is a testament to important public and private
collaboration to build an industrial value chain for carbon capture
and storage. The project will also significantly contribute to
reducing emissions and will create value for both industry and
society,” said Kjetel Digre, CEO for Aker Solutions.
"We are pleased to have Aker Solutions and SLB Capturi
collaborating with us on this significant industrial project,"
stated Martin S. Lundby, chief executive officer at Hafslund
Celsio. "Working with reputable partners who possess extensive
experience in carbon capture and storage from the Longship project
provides us with security and strength. Our partners bring valuable
expertise from large industrial developments both in Norway and
internationally. Together, we will construct a carbon capture
solution that is expected to be operational by third quarter
2029."
About SLB
SLB (NYSE: SLB) is a global technology company that drives
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 each day on innovating oil and gas,
delivering digital at scale, decarbonizing industries, and
developing and scaling new energy systems that accelerate the
energy transition. Find out more at slb.com.
About SLB Capturi
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 deploy
capture technology at speed and scale, meeting the requirements of
tomorrow and the opportunities of today. The company is currently
delivering seven carbon capture plants to bioenergy, waste to
energy, and cement facilities. Find out more at
capturi.slb.com.
About Aker Solutions
Aker Solutions delivers integrated solutions, products and
services to the global energy industry. The company enables
low-carbon oil and gas production and develops renewable solutions
to meet future energy needs. By combining innovative digital
solutions and predictable project execution Aker Solutions aims to
accelerate the transition to sustainable energy production. Find
out more at akersolutions.com.
About Hafslund Celsio
Hafslund Celsio AS is the largest producer and supplier of
district heating in Norway and supplied 25% of the district heating
generated in Norway in 2023. In 2024, the company produced 1.9 TWh
of district heating. Hafslund Celsio’s waste-to-energy plant at
Klemetsrud, Oslo, is Norway’s largest with a capacity to end-treat
350,000 tonnes of waste per year. The company is also expanding its
activities to district cooling. The company employs approximately
232 people. Hafslund Celsio is owned by a Norwegian investor
consortium comprising Hafslund (60%), Infranode (20%) and
HitecVision (20%).
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, SLB’s new
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 SLB’s 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 SLB’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, and SLB disclaims 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 Josh Byerly – SVP of Communications Moira Duff –
Director of External Communications SLB Tel: +1 (713) 375-3407
media@slb.com
Hanne Rolén - Head of Sustainability & Communications SLB
Capturi Tel: +47 990 02 571 Hrolen@capturi.slb.com
Investors James R. McDonald – SVP of Investor Relations
& Industry Affairs Joy V. Domingo – Director of Investor
Relations SLB Tel: +1 (713) 375-3535 investor-relations@slb.com
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