SLB Capturi and Aker Solutions Win Contract to Deliver Carbon Capture Solution for Hafslund Celsio
SLB (
NYSESLB) 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 its waste-to-energy facility in 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 (CCS) project.
SLB Capturi powers up its first modular carbon capture plant
Global energy technology company SLB (
NYSESLB) announced today that SLB Capturi has completed commissioning and is handing over its modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, Netherlands.
SLB awarded multi-region deepwater contracts by Shell to support capital-efficient energy development
Global energy technology company SLB (
NYSESLB) has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and others.
SLB Announces Fourth-Quarter and Full-Year 2024 Results Conference Call
SLB (
NYSESLB) will hold a conference call on January 17, 2025 to discuss the results for the fourth quarter and full year ending December 31, 2024.
SLB OneSubsea awarded subsea boosting contract by Petrobras for the Búzios field, offshore Brazil
Global energy technology company SLB (
NYSESLB) today announced a contract award by Petrobras, following a competitive tender, to its OneSubsea™ joint venture for two subsea raw seawater injection (RWI) systems to increase recovery from the prolific Búzios field.
SLB Awarded Integrated Services Contract for All Petrobras’ Offshore Fields in Brazil
Global energy technology company SLB (
NYSESLB) today announced that it has been awarded, after a competitive tender, a new contract by Petrobras
NYSE: PBRNYSEPBR)
SLB adds AI-driven geosteering to its autonomous drilling solutions to achieve more efficient and productive wells
Global energy technology company SLB (
NYSESLB) introduces Neuro™ autonomous geosteering, which dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations.
SLB Capturi Completes Construction of the World’s First Industrial-Scale Carbon Capture Plant at a Cement Facility
SLB Capturi has reached a significant milestone of mechanical completion of the carbon capture plant at Heidelberg Materials’ cement facility in Brevik, Norway.
SLB OneSubsea awarded subsea boosting contract for bp’s Kaskida project in Gulf of Mexico
SLB (
NYSESLB) today announced the award of a contract by bp to its OneSubsea joint venture for a subsea boosting system in the greenfield development of the Kaskida project in the deepwater U.S. Gulf of Mexico.
SLB Announces Third-Quarter 2024 Results
SLB (
NYSESLB) today announced results for the third quarter of 2024.
SLB Announces Definitive Agreement to Sell Its Interests in Palliser Block
Global energy technology company SLB (
NYSESLB) today announced that it has entered into a definitive agreement to sell its interests in the Palliser Block located in Alberta, Canada.
S&P 500 Hitting Resistance: These 3 Stocks Offer the Best UpsideIf you’re investing in individual stocks a choppy S&P 500 is an opportunity to look for stocks with strong fundamentals that are being overlooked by investors
Global Carbon Dioxide Removal (CDR) Market Valuation Expected to Reach $2.11 Billion by 2032PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global Carbon Dioxide Removal (CDR) Market has been growing in the past years and is expected to continue at a substantial pace for years to come. Growing awareness and concern about the impacts of climate change are driving governments, businesses, and individuals to seek effective solutions for mitigating carbon dioxide emissions. The CDR market benefits from this heightened awareness and the urgent need for sustainable practices. A report from Custom Marketing Insights said that the global Carbon Dioxide Removal (CDR) Market size is expected to record a CAGR of 14.8% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 610.9 Million. By 2032, the valuation is anticipated to reach USD 2,115.5 Million. The report said: “Stringent Regulatory Policies and Targets: Governments around the world are implementing and enhancing regulatory frameworks aimed at reducing greenhouse gas emissions. The imposition of carbon reduction targets and the integration of carbon pricing mechanisms create a favorable environment for the growth of the CDR market, as industries seek ways to comply with these regulations. Advancements in CDR Technologies: Ongoing research and development efforts are leading to technological advancements in carbon removal methods. Improved efficiency, scalability, and cost-effectiveness of CDR technologies contribute to their wider adoption and growth in the market. Increasing Corporate Sustainability Initiatives: Many companies are adopting sustainability goals and committing to achieving net-zero emissions. As part of their corporate social responsibility (CSR) initiatives, businesses are investing in CDR technologies to offset their carbon footprint, contributing to the overall growth of the market.” Active carbon companies in the markets this week include: BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF), SLB (
NYSESLB), DevvStream Holdings Inc. (OTCQB: DSTRF) (NEO: DESG), Base Carbon Inc. (OTCQX: BCBNF) (NEO: BCBN), LanzaTech Global, Inc.
NASDAQ: LNZANASDAQLNZA)
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SLB Announces Third-Quarter 2024 Results Conference Call
SLB (
NYSESLB) will hold a conference call on October 18, 2024, to discuss the results for the third quarter ending September 30, 2024.
SLB and ADNOC Drilling Partner for Unconventional Oil and Gas Development
SLB (
NYSESLB) today announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI. The JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions.
SLB and NVIDIA collaborate to develop generative AI solutions for the energy sector
Global energy technology company SLB (
NYSESLB) is building on its long-standing collaboration with NVIDIA to develop generative AI solutions for the energy industry.
SLB launches AI-powered Lumi platform
Global energy technology company SLB (
NYSESLB) today launched the Lumi™ data and AI platform, which integrates advanced artificial intelligence (AI) capabilities—including generative AI—with workflows across the energy value chain.
SLB achieves breakthrough results in sustainable lithium production
SLB today announced it has proven its solution for sustainable lithium production at scale at its demonstration plant in Clayton Valley, Nevada, to accelerate responsibly-sourced lithium products to market.
