SLB is growing its CCS business
SLB–Aker venture targets global market with disruptive tech
Oslo-based joint venture officially launches as SLB closes deal to buy 80% of Norway’s Aker Carbon Capture
Newly formed technology joint venture SLB–Aker Carbon Capture has pledged to accelerate the global deployment of disruptive carbon-capture technologies in a bid to speed up the decarbonisation of hard to abate industrial sectors. The new venture, based in Oslo, was officially created on 14 June as global energy technology major SLB reached financial close on a previously announced NOK4.12b ($380m) deal to buy 80% of Norway’s Aker Carbon Capture. Aker, a pure-play CCS technology provider, holds the remaining 20%. “There is no business as usual in the push toward net zero—we will accelerate decarbonisation today and commercialise innovative technologies for the future,” said Egil Fagerland, ne
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