SLB Capturi powers first modular carbon capture plant By Investing.com

The plant will capture up to 100,000 metric tons of CO2 per year for Netherlands-based 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 the modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, the Netherlands.

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The new plant 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. (Image: Business Wire)

The new plant 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 Capturi’s standard, modular Just Catch ™ design, which minimizes onsite installation and outfitting work ” providing a more cost efficient and easier to deploy option compared to other market alternative.

We are very proud of our collaboration with Twence to bring online the first modular carbon capture plant in a waste-to-energy facility, said Egil Fagerland, chief executive officer, SLB Capturi. As pressure mounts for industries to reduce emissions and meet net-zero targets, access to affordable, effective carbon capture technologies is more important than ever. We look forward to continuing our mission to access the extraction technologies needed to achieve the impact of reducing CO2 emissions at scale.

“We are excited to see the successful completion of our new carbon capture plant,” said Marc Kapteijn, chief executive officer, Twence. “This highly innovative and sustainable project has been safely realized by a passionate and committed team and through intensive collaboration with SLB Capturi. In the spring, we will provide the first CO2 to the greenhouse horticulture sector. We convinced that this technology will play an important role in our continuous efforts to reduce carbon emissions and realize our sustainability ambitions.

About SLB

SLB (NYSE: SLB) is a global technology company driving energy transformation 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 transform oil and gas, deliver digital at scale, decarbonize in industries, and developing and scaling new energy systems that facilitate the energy transition. Find out more at slb.com.

About SLB Capturi

SLB Capturi is the 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 technology at speed and scale, meeting tomorrow’s needs and today’s opportunities. The company currently delivers seven bioenergy carbon capture plants, waste to energy, and cement facilities. Find out 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, not about past events. Such statements usually contain words such as “expect, may, could, estimate, intend, expect, will, potential, planned” and other similar words. regarding the deployment of, or expected benefits of, new technologies and collaborations with SLB regarding sustainability-related goals, plans and projections; expectations regarding global energy and climate change in strategies, initiatives or partnerships with SLB legislative and regulatory initiatives that address environmental concerns, including initiatives that address the impact of global climate change; on permits and authorizations regulation; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or delivered to of the US Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such changes develop), or if the underlying assumptions prove correct. are incorrect, actual results could 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, even as a result of new information, future events or the like.

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Media
Josh Byerly ” SVP of Communications
Moira Duff ” Director of External Communications
SLB
Tel: +1 (713) 375-3407
[email protected]

Investors
James R. McDonald “ SVP of Investor Relations & Industry Affairs
Joy V. Domingo “ Investor Relations Director
SLB
Tel: +1 (713) 375-3535
[email protected]

Source: SLB

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