ESG Post

Companies

SLB & Aker Carbon Capture JV secure contract for major CDR project

The SLB and Aker Carbon Capture joint venture (SLB-ACC JV) has been awarded a contract by CO280 Solutions for the front-end engineering and design (FEED) of a large-scale carbon capture plant at a pulp and paper mill on the U.S. Gulf Coast. The project aims to capture 800,000 tonnes of carbon emissions annually and will provide permanent, verifiable, and cost-effective carbon dioxide removals (CDRs).

With North America’s pulp and paper industry offering a potential carbon removal opportunity of up to 130 million tonnes per year, capturing and permanently storing these emissions will result in negative emissions, as more CO2 is removed from the atmosphere than emitted by the process.

“This contract represents a key milestone in our partnership with CO280 to deliver large-scale carbon capture solutions for the North American industry,” said Egil A. Fagerland, chief executive officer, SLB-ACC JV, adding “We look forward to continuing our collaboration with CO280 and their pulp and paper partner to prepare for a full-scale carbon capture plant through the FEED.”

The FEED design for the carbon capture plant will utilise the SLB-ACC JV’s modularised Just Catch™ 400 technology, which allows for the pre-fabrication of carbon capture units. The JV is already deploying both Just Catch™ and Big Catch™ solutions to various industrial sites in the bioenergy, cement, and waste-to-energy sectors.

Jonathan Rhone, chief executive officer, CO280 said, “Partnerships are the key to removing megatons of carbon before 2030: We are proud of the partnerships we have established in both the pulp and paper industry and CDR markets and of our collaboration with the SLB-ACC JV as a key technology partner. By capturing and permanently storing biogenic CO2 at mills, we can unlock a vast carbon removal opportunity in the pulp and paper industry and scale up the CDR market.”