MOU Signed With JGC Group

SLB Capturi has signed a Memorandum of Understanding (MOU) with JGC Holdings Corporation, Japan’s largest EPC company, to initiate discussions on strategic collaboration in post-combustion CO₂ capture technologies.

The scope of this collaboration includes addressing markets in both the Asia-Pacific and the Middle East regions, where demand for Carbon Capture and Storage (CCS) is expected to grow significantly in the coming decade.

By combining SLB Capturi’s CO₂ capture technology with JGC Group’s extensive engineering expertise and SLB and JGC Group’s strong regional presence, the companies aim to provide end-to-end solutions from early phase of engineering, to project execution and implementation, contributing to clients’ decarbonization efforts.

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The JGC Group has a proven track record of completing CCS facilities in countries such as Algeria and Australia, where CO₂ is recovered and stored from natural gas. Furthermore, under its medium-term management plan BSP2025, the company has positioned the expansion of its CCS business as a strategic priority. In addition, JGC also intends to focus on post-combustion CO₂ recovery from flue gases.

Beyond the EPC of CO₂ capture facilities, the company aims to contribute to the realization of CCS by offering technical consulting services that integrate various approaches such as research, analysis and evaluation, simulation, and risk assessment, all centered around energy and environmental themes.

SLB Capturi is a joint venture established between SLB and Aker Carbon Capture. Its CO₂ capture technology¹ has been adopted in leading CCS projects in Europe, including the world’s first industrial-scale CCS project for a cement plant, Brevik CCS, Twence CCU in the Netherlands, Ørsted Kalundborg CO₂ Hub in Denmark, and Hafslund Celsio’s Oslo CCS in Norway.

¹ SLB Capturi’s CO₂ capture technology was independently developed by SLB Capturi and its predecessor Aker Carbon Capture. JGC Group was not involved in its development.