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Announced

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SLB completed the acquisition of an 80% stake in Aker Carbon Capture for $382m.

Synopsis

SLB, an American oilfield services company, completed the acquisition of an 80% stake in Aker Carbon Capture, a pure-play carbon capture company, for $382m. “There is no credible pathway toward net zero without deploying carbon capture and sequestration at scale. In the next few decades, many industries that are crucial to our modern world must rapidly adopt CCS to decarbonize. Through the joint venture, we are excited to accelerate disruptive carbon capture technologies globally,” Gavin Rennick, SLB President New Energy business.

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