SLB has agreed a deal with Aker Carbon Capture
Letter on carbon: SLB’s early-stage tech play
US firm’s deal with Aker Carbon Capture could be catalyst for growth in a sector hampered by high costs
Innovation is alive and kicking in the carbon-capture technology sector. Startups, universities, small-to-medium-size firms and large industrials are all working to develop new technologies and refine existing ones as industrial demand for efficient capture grows rapidly. The range of technologies in play falls into three broad categories: post-combustion, pre-combustion and oxy-fuel combustion. Within each of these groups there are multiple variations under development or commercially available. Regardless of the technology, the holy grail is the reduction of capital and operating costs. The capture stage, with its high energy intensive processes, can account for up to 70% of the cost of de
Also in this section
24 April 2025
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network
21 April 2025
Agreement on a two-tier emissions trading scheme does not go far enough to meet IMO GHG reduction targets, say observers
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
9 April 2025
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
