Announced
Financials
Tags
Alternative Fuels
United States
Friendly
Acquisition
Pending
Majority
Private
Joint Venture
bioenergy
Domestic
Synopsis
Schlumberger, Chevron, Microsoft and Clean Energy Systems, a manufacturer of energy-efficient combustion technology, agreed to create the joint venture. Financial terms were not disclosed. “We are diversifying our portfolio of projects with partnerships in selected markets and geographies where existing policies and regulations can make projects attractive today. This unique BECCS project in California is a game-changing example of this," “Ashok Belani, Schlumberger New Energy Executive Vice President.
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