We’re taking a big next step in our first, large-scale carbon removal project! Moving into FEED is an important milestone and we’re grateful to all our project partners, especially SLB and SLB and Aker Carbon Capture Joint Venture. As announced today by SLB, CO280 Solutions has awarded a contract for Front-End Engineering Design (FEED) to SLB-ACC Joint Venture for a large-scale carbon capture plant at a pulp and paper mill on the US Gulf Coast. The project, which aims to capture and permanently sequester 800,000 tonnes of biogenic CO2, will also deliver permanent, verifiable, and affordable carbon dioxide removals (CDRs) for buyers in the voluntary carbon market.
Did you know that North America’s pulp and paper industry represents a #CarbonRemoval opportunity of up to 130 million tonnes per year? We're excited to tackle this challenge and today announced that our SLB and Aker Carbon Capture Joint Venture (SLB-ACC JV) has been awarded a contract by its partner CO280 Solutions for front end engineering and design (FEED) of a large-scale #CarbonCapture plant at a pulp and paper mill on the U.S. Gulf Coast. “This contract represents a key milestone in our partnership with CO280 to deliver large-scale carbon capture solutions for the North American industry,” said Egil A. Fagerland, chief executive officer, SLB-ACC JV. “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.” Read the full news release here: https://lnkd.in/gD6ipBtw