FORNEBU, Norway, February 13, 2025 — Aker Carbon Capture ASA (ACC ASA) concluded the fourth quarter of 2024 with NOK 4.6 billion in cash reserves and an equity value of NOK 5.5 billion. The company reported a net profit of NOK 21 million for the quarter.

As announced on February 12, 2025, the Aker Carbon Capture ASA Board of Directors proposed a special cash dividend of NOK 5.80 per share, totaling NOK 3.5 billion.

SLB Capturi
During the fourth quarter, SLB Capturi, the joint venture between ACC ASA and SLB, achieved a major milestone with the mechanical completion of the world’s first full-scale carbon capture facility at a cement plant—the Heidelberg Materials Brevik plant in Norway. This project will now enter the commissioning phase and is expected to be operational in 2025.

In January 2025, SLB Capturi, in partnership with Aker Solutions, secured an engineering, procurement, construction, installation, and commissioning (EPCIC) contract from Hafslund Celsio AS to provide a carbon capture solution for their waste-to-energy plant in Klemetsrud, Oslo.

Also in January, ACC ASA announced that SLB Capturi had finished commissioning and transferred its first modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, Netherlands.

SLB Capturi is currently involved in multiple projects and is participating in some of Europe’s most significant carbon capture initiatives, including Kalundborg, Denmark, where five Just Catch systems are being deployed by Ørsted across two biomass-to-energy sites. These systems are designed to capture 500,000 tonnes of CO2 annually as part of Denmark’s initial large-scale carbon capture and storage (CCS) project.

A summary of Q4 2024 financials is included.

For further information:

Media and Investors:
Mats Ektvedt, mob: +47 41 42 33 28, email:  

About Aker Carbon Capture

Aker Carbon Capture ASA was established in 2020, leveraging over 20 years of experience and development of carbon capture technology within Aker. Following an agreement with SLB, a joint venture between SLB and Aker Carbon Capture was formed in June 2024. The JV, SLB Capturi, is based in Oslo, with SLB holding an 80% stake and Aker Carbon Capture ASA holding 20%. This collaboration unites two successful industrial companies poised for significant growth.

 

This information was provided by Cision

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