SUNYA Energy

Aker Carbon Capture ASA announces that SLB Capturi and Aker Solutions win contract to deliver carbon capture solution for Hafslund Celsio

January 27, 2025
SUNYA Summary
- Aker Carbon Capture ASA announced that SLB Capturi and Aker Solutions won a contract from Hafslund Celsio AS to deliver a carbon capture solution. - The project will take place at Hafslund Celsio's waste-to-energy facility in Klemetsrud, Oslo. - Hafslund Celsio is Norway's largest district heating supplier and owns the largest waste-to-energy plant in the country. - This carbon capture project is part of the Norwegian Government's Longship initiative for carbon capture and storage. - The contract includes a carbon capture plant, liquefaction system, temporary storage, and loading facility. - An intermediate CO2 storage and ship loading system will be located at Oslo harbor to transport CO2 to the Northern Lights permanent storage facility. - The carbon capture plant is expected to capture 350,000 metric tons of CO2 annually when operational by the third quarter of 2029. - The project follows a cost reduction phase that identified efficiency opportunities, including layout optimization. - Innovative capture technology design using SLB Capturi's modularized Just Catch 400 unit enables a viable and cost-effective solution. - The Just Catch design optimizes space, reducing on-site footprint and installation work. - Aker Horizons, which Aker Carbon Capture is part of, focuses on developing green energy and accelerating the transition to Net Zero. - Aker Carbon Capture was established as a separate entity in 2020, leveraging over 20 years of carbon capture technology experience. - A joint venture between SLB and Aker Carbon Capture, named SLB Capturi, was formed in June 2024.
PRESS RELEASE
Aker Carbon Capture ASA announces that SLB Capturi and Aker Solutions win contract to deliver carbon capture solution for Hafslund Celsio:

FORNEBU, Norway, Jan. 27, 2025 /PRNewswire/ -- Aker Carbon Capture (ACC ASA), an Aker Horizons portfolio company, today announced that SLB Capturi, in collaboration with Aker Solutions, has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from Hafslund Celsio AS to deliver a carbon capture solution at their waste-to-energy facility at Klemetsrud, Oslo.

Hafslund Celsio is Norway's largest district heating supplier and the owner and operator of Norway's largest waste-to-energy plant. Hafslund Celsio's carbon capture project is part of Longship, the Norwegian Government's full value-chain carbon capture and storage project.

The contract award includes delivery of a carbon capture plant, liquefaction system, temporary storage, and loading facility at the waste incineration site. It also includes an intermediate CO2 storage and ship loading system at Oslo harbor, from where the CO2 will be transported to the Northern Lights permanent storage facility on the Norwegian continental shelf. When operational, which is anticipated by third quarter, 2029, the carbon capture plant is expected to capture 350,000 metric tons of CO2 annually.

The EPCIC award follows a cost reduction phase for Hafslund Celsio's project, which identified opportunities for efficiencies, including layout optimization. Innovative capture technology design enables the project to move forward. The project will now be delivered based on SLB Capturi's modularized Just Catch 400 unit. The space-efficient Just Catch design has been fundamental to enabling a viable, cost-effective solution by reducing onsite footprint, installation, and outfitting work.

For further information, please contact:
Jonas Gamre, Investor Relations, Tel: +47 97 11 82 92, [email protected]
Mats Ektvedt, Media, Tel: +47 41 42 33 28, [email protected] 

About Aker Horizons:

Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents.
www.akerhorizons.com 

About Aker Carbon Capture

Aker Carbon Capture ASA was established as a separate entity in 2020, building on more than 20 years long experience and maturation of the carbon capture technology within Aker. Following an agreement with SLB, a joint venture between SLB and Aker Carbon Capture was established in June 2024. The JV, SLB Capturi, is headquartered in Oslo, with SLB owning 80% and Aker Carbon Capture ASA owning 20%, two strong companies with proven track record of building successful industrial businesses positioned for substantial growth. 

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