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
![](/images/white-fade.png)
Also in this section
21 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
18 July 2024
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
18 July 2024
Stockholm Exergi agrees to one of world’s largest deployments of CO₂ liquefication technology to enable transport of emissions captured from biomass power plant
11 July 2024
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence