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Press Release

Technip Energies and Shell Catalysts & Technologies Move Towards an Exclusive Global Alliance for Carbon Capture

Published by Todd Bush on November 14, 2024

Technip Energies (PARIS: TE) and Shell Catalysts & Technologies have agreed to strengthen their relationship, moving towards global exclusivity for delivering amine-based post-combustion carbon capture using Shell’s CANSOLV* CO₂ Capture System. This partnership aims to make carbon capture more accessible to the industry through an expanded, exclusive alliance.

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The two energy-transition leaders have collaborated since 2012, adapting their alliance to evolving market needs. This strengthened alliance combines Shell Catalysts & Technologies’ technology licensing expertise with Technip Energies’ project integration and delivery strengths, meeting the growing demand for scalable post-combustion carbon capture in industrial sectors.

Building on years of collaboration and a commitment to energy transition, Technip Energies and Shell Catalysts & Technologies provide clients with innovative and investable solutions from project inception through to operational support. Their integrated teams work closely with clients to ensure seamless execution and continuous optimization.

Technip Energies and Shell Catalysts & Technologies lead pioneering projects in the carbon capture and storage (CCS) sector. The alliance leverages proven approaches and innovation to deploy CCS solutions in new industries, standardizing processes to drive future sustainability.

Christophe Malaurie, SVP Decarbonization Solutions of Technip Energies, stated, “We firmly believe that CCUS will play a critical role in the energy transition, and our alliance will offer an effective model to address the industry’s needs. By leveraging our combined expertise and unified working approach, we are delivering investable solutions today for global deployment.”

Nick Flinn, General Manager Decarbonization of Shell Catalysts & Technologies, commented, “Recognizing the unique challenges of producing decarbonized energy, the Technip Energies–Shell Catalysts & Technologies alliance is already providing industry-leading CCS solutions that make a sustainable, positive impact on our clients' facilities. By moving towards exclusivity, we are confident our alliance will drive clients’ decarbonization at scale.”

CANSOLV is a Shell trademark

About Technip Energies

Technip Energies is a leading Engineering & Technology company dedicated to the energy transition, with strong positions in LNG, hydrogen, and ethylene, and expanding roles in blue and green hydrogen, sustainable chemistry, and CO₂ management. The company’s robust project delivery model, supported by a comprehensive technology and services portfolio, enables it to bring innovative client projects to life.

Operating in 34 countries with a team of 16,000, Technip Energies accelerates the energy transition to create a better tomorrow. Its shares are listed on Euronext Paris, and it has a Level 1 sponsored American Depositary Receipts (ADR) program, trading over the counter.

For further information: www.ten.com

About Shell Catalysts & Technologies

Shell Catalysts & Technologies provides Shell and external businesses with tools, technologies, and insights for navigating the energy transition. As a leader in decarbonization, Shell Catalysts & Technologies offers solutions such as biofuels, carbon capture, and blue hydrogen technologies.

With deep industry expertise gained from Shell’s history as a refinery operator, Shell Catalysts & Technologies has a unique perspective on refining competitiveness and decarbonization. Its leading-edge catalyst and R&D capabilities position it to develop advanced zeolites, catalysts, solvents, and processes for a sustainable future.

For more information, visit www.shell.com/ct.

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