Aker Solutions Wins Carbon Capture Study Contracts From Yara and Norcem
(Thomson Reuters ONE) -
April 26, 2017 - Aker Solutions won strategically important contracts for
concept studies for carbon capture at Yara's ammonia plant on Herøya and
Norcem's cement production facility in Brevik, Norway.
Norcem and Yara are among three companies in the running to receive funding from
the Norwegian government to build and operate a full-scale carbon capture plant
at their respective facilities. The government aims to fund at least one of the
plants, which would be operational by 2022.
"Perfecting carbon capture will be key to meeting global climate goals," said
Luis Araujo, chief executive officer at Aker Solutions. "The confidence placed
in us by both Yara and Norcem shows we are taking a leading role in this crucial
technological push."
Aker Solutions has previously carried out extensive testing with a pilot capture
plant at the factory in Brevik. The results were so promising that Norcem
selected Aker Solutions' technology to be used for a potential facility at the
cement factory in Southeast Norway.
The study for Norcem will design a carbon capture plant that's integrated with
the cement factory, including a process to turn the CO2 into liquid and storage
facilities that can be used before shipping. The plant will have a capacity of
about 400,000 tons of CO2 a year. The Yara study will design and develop a
capture plant for the reformer flue gas and will also include liquefaction. Both
concept studies are set to be completed in September this year.
Norway's Gassnova last week announced the kick-off of the concept studies as
part of a goal to establish a complete carbon capture and storage (CCS) chain,
including capture, transport and permanent storage, by 2022. The concept phase
will also seek to establish more accurate cost estimates. The next phase in the
process will involve front-end engineering design (FEED) work until around mid-
2018 before an investment decision is made by the Norwegian government in the
first half of 2019.
Aker Solutions has since 2008 developed and qualified an improved carbon capture
technology, investing extensively in research and development, testing and
operations. The company has gathered experience through design, construction and
two years of operations of the amine plant at Technology Centre Mongstad and
carried out extensive tests in the U.S., the UK and Norway using its mobile
carbon capture pilot plant. The Paris climate agreement has spurred increased
international interest from several industries, including ammonia and cement
production.
"Aker Solutions can now offer carbon capture plants at lower costs and with less
energy demand using a new non-corrosive and environmentally-friendly solvent
that has very low degradation," said Oscar Graff, who heads Aker Solutions' CCS
efforts. "The solvent is very robust and can be used for various types of flue
gases and gives minimum emissions and waste products."
ENDS
Media Contacts:
Bunny Nooryani, tel: +47 67 59 42 71, mob: +47 480 27 575, e-mail:
bunny.nooryani(at)akersolutions.com
Stina Kildedal-Johannessen, tel: +47 55 22 28 00, mob: +47 934 12 301, e-mail:
stina.kildedal-johannessen(at)akersolutions.com
Investor Contact:
Per Christian Olsen, tel: +47 67 51 36 58, mob: +47 900 29 077, e-mail:
per.christian.olsen(at)akersolutions.com
Aker Solutions is a global provider of products, systems and services to the oil
and gas industry. Its engineering, design and technology bring discoveries into
production and maximize recovery. The company employs approximately 14,000
people in about 20 countries. Go to http://akersolutions.com for more
information on our business, people and values.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see http://akersolutions.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aker Solutions ASA via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 26.04.2017 - 08:30 Uhr
Sprache: Deutsch
News-ID 538362
Anzahl Zeichen: 4625
contact information:
Town:
Fornebu
Kategorie:
Business News
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"Aker Solutions Wins Carbon Capture Study Contracts From Yara and Norcem"
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