Aker Carbon Capture ASA announces that SLB Capturi has completed its first modular carbon capture plant

Aker Carbon Capture ASA (ACC ASA) is excited to announce that SLB Capturi has
completed commissioning and is handing over its first modular carbon capture
plant at Twence's waste-to-energy facility in Hengelo, Netherlands.

The carbon capture plant is based on SLB Capturi's standard, modular Just CatchT
design, which reduces onsite installation and outfitting work - providing a more
cost-efficient and easier-to-deploy option compared with other market
alternatives.

Completion of the plant, with the capacity to capture up to 100,000 metric tons
of CO2 per year, marks a significant milestone in enabling
affordable decarbonization. The captured CO2 will be used in applications for
the horticulture and food and beverage sectors.

SLB Capturi is a joint venture between SLB and ACC ASA, combining the strengths
and capabilities of both companies to accelerate industrial decarbonization at a
global scale. SLB owns 80% of SLB Capturi, while ACC ASA owns the remaining 20%
stake.

--

ENDS

For further information:

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

email: mats.ektvedt@corpcom.no

About Aker Carbon Capture

Aker Carbon Capture ASA was established as a separate entity in 2020, building
on more than 20 years long experience and maturation of the carbon capture
technology within Aker. Following an agreement with SLB, a joint venture between
SLB and Aker Carbon Capture was established in June 2024. The JV, SLB Capturi,
is headquartered in Oslo, with SLB owning 80% and Aker Carbon Capture ASA owning
20%, two strong companies with proven track record of building successful
industrial businesses positioned for substantial growth.

https://akercarboncaptureasa.com