The joint venture (JV) between SLB and Aker Carbon Capture (ACC) has secured the front-end engineering and design (FEED) contract from CO280 Solutions for a carbon capture project at a US Gulf Coast pulp and paper mill.
The project is designed to remove 800,000tpa of carbon emissions and aims to deliver permanent, verifiable and affordable carbon dioxide removals (CDRs).
The concept for the FEED of the carbon capture plant is based on the SLB-ACC JV’s modularised Just Catch 400, a standardised and modular technology that enables the pre-fabrication of carbon capture units.
The JV is currently providing both Just Catch and Big Catch solutions to various industrial sites in the bioenergy, cement and waste-to-energy industries.
By permanently capturing and storing these emissions, the industrial activity results in negative emissions, as it removes more CO₂ from the atmosphere than it emits during the process.
SLB-ACC JV CEO Egil Fagerland said: “This contract represents a key milestone in our partnership with CO280 to deliver large-scale carbon capture solutions for the North American industry.
“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.”
CO280 CEO Jonathan Rhone 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.”
In March, SLB consolidated its carbon capture business with ACC in a transaction valued at approximately Nkr4.12bn ($381.39m).
Additionally, SLB recently formed strategic partnerships with Aker BP and TotalEnergies.
With Aker BP, SLB aims to co-develop an AI-driven digital platform to enhance exploration and production operations.
The collaboration with TotalEnergies is focused on developing next-generation digital solutions to improve energy resource access, efficiency and performance, addressing challenges such as carbon capture, utilisation and sequestration.
