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Aker Carbon Capture to present at Pareto Securities' 30th Annual Energy Conference
Aker Carbon Capture CEO Egil Fagerland will hold a presentation at the Pareto Securities' 30th Annual Energy Conference today at 09:55 CEST.
Aker Carbon Capture and Aramco to explore partnership opportunities to deploy CCUS modular solutions in Saudi Arabia
Aker Carbon Capture and Aramco, one of the world’s leading integrated energy and chemicals companies, have signed a Memorandum of Understanding (MoU) to explore partnership opportunities to deploy carbon capture, utilization and storage (CCUS) and industrial modularization in Saudi Arabia.
Aker Carbon Capture appoints Egil Fagerland as new Chief Executive Officer
Aker Carbon Capture announces the appointment of Egil Fagerland as its new Chief Executive Officer with effect from today, July 11, 2023. Fagerland will replace Valborg Lundegaard, who is stepping down to focus on her health and family. Fagerland is currently CFO of Aker Carbon Capture and has been with the company since April 2021.
Aker Carbon Capture ASA: Second quarter 2023 results
In the second quarter 2023, Aker Carbon Capture secured a contract with Ørsted with a total value of more than EUR 200 million, representing the company’s largest order intake to date. Aker Carbon Capture’s order backlog rose to NOK 3.3 billion, up from NOK 1.7 billion the same period last year. Revenues rose to NOK 305 million, up 57% compared to the same period last year. The cash position at the end of the quarter was solid at NOK 1.1 billion.
Aker Carbon Capture: Presentation of Q2 2023 results
Aker Carbon Capture ASA will present its second quarter 2023 results on 11 July 2023.
Aker Carbon Capture awarded study by Söderenergi in Sweden
Aker Carbon Capture has been awarded an integration feasibility study by Söderenergi, one of Sweden’s largest district heating producers, to implement carbon capture at Igelstaverket in Södertälje. Located around 30 km from Stockholm, Igelstaverket is Sweden’s second largest biomass combined heat and power plant (CHP). The planned capture capacity will be around 500,000 tonnes biogenic CO2 per year, which could be transported and permanently sequestered to create negative emissions.
Aker Carbon Capture and Ørsted sign contract for delivery of five Just Catch units and equipment of over EUR 200 million
Aker Carbon Capture and Ørsted, a global leader in renewable energy, have signed the contract to develop a large-scale carbon capture project for the Ørsted Kalundborg Hub in Denmark. Aker Carbon Capture will deliver five Just Catch units, additional equipment such as liquefaction systems, and temporary CO2 storage and on-/offloading facilities with an expected total contract value above EUR 200 million.
Aker Carbon Capture joins Euronext Tech Leaders
Aker Carbon Capture has been selected to join the Euronext Tech Leader initiative, which is composed of 100+ high-growth and leading technology-centric companies, each meeting a specific set of criteria to qualify. It complements Euronext's existing Tech offer and aims to strengthen the European Tech sector and be a catalyst for the next generation of Tech leaders.
Aker Carbon Capture to deliver five Just Catch units and equipment for over EUR 200 million to Ørsted bioenergy plants in Denmark
Aker Carbon Capture has been awarded a large-scale carbon capture project by Ørsted, a global leader in renewable energy, for its Ørsted Kalundborg Hub in Denmark. As the carbon capture provider, Aker Carbon Capture will deliver five Just Catch units, additional equipment such as liquefaction systems, and temporary CO2 storage and on-/offloading facilities with an expected total contract value above EUR 200 million. The carbon capture facilities will be delivered to Ørsted’s wood chip-fired Asnæs Power Station and the Avedøre Power Station’s straw-fired boiler and combined will have an installed design capture capacity of 500,000 tonnes CO2 per year.
Aker Carbon Capture extends Memorandum of Understanding with leading CO2 storage company Carbfix
Aker Carbon Capture and Carbfix have extended their partnership aimed at combining the companies’ complementary technologies to explore full carbon capture and storage (CCS) value chains in the global fight against climate change. The Memorandum of Understanding (MoU) has a duration of 2 years and is non-exclusive.
Aker Carbon Capture ASA: Mandatory notifications of trade
Aker Carbon Capture ASA (the “Company”) has today allocated shares to employees participating in the Company’s employee share purchase program.
Aker Carbon Capture ASA: Share buyback program completed
With reference to the share buyback program announced 28 April 2023, Aker Carbon Capture ASA (the “Company”) has, through DNB Markets, purchased 373.564 of its own shares under the program. The shares were purchased at an average price of NOK 10,52 per share. An overview of daily share purchases, as well as detailed overview of all transactions made under the share buyback program is attached.
Aker Carbon Capture ASA: Initiation of share buyback program
Aker Carbon Capture ASA (the “Company”) has decided to initiate a buyback of up to 500.000 of its own shares for a total amount up to NOK 4 million. The buyback program may be carried out in the period from this announcement and until 8 May 2023. The purpose of the program is to fulfil the Company’s obligations under its employee share purchase program for 2023.
Aker Carbon Capture ASA: First quarter 2023 results
Aker Carbon Capture made important progress on existing projects in the first quarter of 2023, with revenues reaching NOK 287 million, which was up 99% compared to the same period last year. The cash position at the end of the quarter was solid at NOK 1.3 billion. The company’s flagship projects, Brevik CCS and Twence CCU continued to progress and are the most mature large-scale carbon capture projects under construction in Europe today.
Aker Carbon Capture awarded test campaign and study for Fortum Waste Solutions in Denmark
Aker Carbon Capture has been awarded a test campaign and feasibility study for Fortum Waste Solutions’ facility in Nyborg, Denmark. Fortum’s waste incineration plant is specialized in the safe destruction of hazardous waste and turning it into energy. The planned capture capacity will be around 170,000 tonnes CO2/year.
Aker Carbon Capture ASA: Minutes of Annual General Meeting
The 2023 Annual General Meeting of Aker Carbon Capture ASA was held today as a digital meeting with online participation.
Aker Carbon Capture: Presentation of Q1 2023 results
Aker Carbon Capture will publish its financial results for the first quarter of 2023 on 26 April 2023, at 07:00 CEST.
Aker Carbon Capture welcomes UK Government CCUS Track 1 project negotiation list
The UK Government has selected bp’s Net Zero Teesside Power and Viridor’s Runcorn CCS as successful bidders in Phase 2 of the Track 1 CCUS Cluster Sequencing Process. This is part of the UK Government's funding commitment to achieve a net-zero economy. Both projects now proceed to final negotiations for governmental support.
Aker Carbon Capture ASA: Mandatory Notification of Trade by Primary Insider
Oscar Fredrik Graff, Board member of Aker Carbon Capture, has today acquired 10,000 shares in Aker Carbon Capture at a price of NOK 13.60 per share. Following the transaction, Graff holds a total of 10,000 shares in the company.
Aker Carbon Capture ASA: Notice of Annual General Meeting
The annual general meeting of Aker Carbon Capture ASA will be held on Tuesday, April 18, 2023 at 15:00h CET as a virtual meeting. The proposed agenda includes re-election of the board of directors.
Aker Carbon Capture ASA: Annual Integrated Report 2022
Aker Carbon Capture today publishes its Annual Integrated Report for 2022, which includes the annual accounts, the auditor's report for 2022 and the corporate governance report. In addition, the company presents its remuneration report for 2022.
Aker Carbon Capture ASA: Mandatory Notification of Trade by Primary Insider
Jon Christopher Knudsen, Chief Commercial Officer of Aker Carbon Capture, has today acquired 10,000 shares in Aker Carbon Capture at a price of NOK 14.95 per share. Following the transaction, Knudsen holds a total of 51,356 shares in the company.
Correction - Aker Carbon Capture ASA: Fourth quarter 2022 results
Updated release: including financial appendices. Aker Carbon Capture completed the year with strong progress on projects and partnerships. The company’s flagship projects, Brevik CCS and Twence CCU, are currently the large-scale carbon capture projects in the construction phase in Europe. The unique partnerships with Microsoft and Siemens Energy will enable joint innovation and services to accelerate deployment of carbon capture.
Aker Carbon Capture ASA: Fourth quarter 2022 results
Aker Carbon Capture completed the year with strong progress on projects and partnerships. The company’s flagship projects, Brevik CCS and Twence CCU, are currently the large-scale carbon capture projects in the construction phase in Europe. The unique partnerships with Microsoft and Siemens Energy will enable joint innovation and services to accelerate deployment of carbon capture.
Aker Carbon Capture: Presentation of Q4 2022 results
Aker Carbon Capture ASA will present its fourth-quarter 2022 results on 15 February 2023.
Aker Carbon Capture awarded decarbonization study for German chemicals company Röhm
Aker Carbon Capture has been awarded a feasibility study for the development of two carbon capture plants for Röhm, a leading chemicals manufacturer, to capture nearly 500,000 tons CO2 per year.
Aker Carbon Capture enters Finnish Power-to-X market
Aker Carbon Capture will deliver a pre-engineering study to the energy company St1 for the development of a carbon capture facility at Finnsementti’s Lappeenranta cement plant. The captured CO2 would be used for the first renewable synthetic methanol plant in Finland. Aker Carbon Capture’s Just Catch unit could capture around 40,000 tonnes CO2 per year, enabling the production of 25,000 tonnes of methanol per year.
World’s first carbon capture pilot for smelters inaugurated at Elkem in Rana, Norway
Today, the world’s first carbon capture pilot for smelters has been officially inaugurated. The Mobile Test Unit (MTU), delivered by Aker Carbon Capture, is now connected to Elkem’s plant in Rana, which produces high-purity ferrosilicon and microsilica.
Aker Carbon Capture signs Letter of Intent for large carbon capture project
Aker Carbon Capture has signed a Letter of Intent for the delivery of two Just Catch units for an undisclosed European customer. Both units will be part of a project with a capture capacity of 200,000 tonnes CO2 per year. The final investment decision is expected in the second quarter of 2023.
Aker Carbon Capture selected by Viridor as partner on pre-FEED study for Runcorn CCS
Aker Carbon Capture will support Viridor in the provision of a pre-FEED study for the Runcorn CCS project, which is located around 20 km from Liverpool. When in operation, the facility will be one of the first large scale carbon capture projects at an energy-from-waste facility in the world. The pre-FEED study explores the installation of a carbon capture plant in the HyNet cluster, part of the Department for Business, Energy, and Industrial Strategy (BEIS) Track 1 sequencing process, capturing around 1 million tonnes CO2 per annum.
Aker Carbon Capture ASA: third-quarter results 2022
Aker Carbon Capture is delivering the only two industrial scale carbon capture projects under construction in Europe today. At the Brevik CCS project key equipment is currently being installed and at the Twence Just Catch CCU project construction has started.
DNV qualifies Aker Carbon Capture’s Just Catch Offshore™: ready to cut emissions from oil and gas production
The Just Catch Offshore™, a modularized carbon capture facility for offshore installations, has been successfully qualified by DNV, the global independent energy expert and assurance provider. It is now ready to be deployed in offshore oil and gas fields where Aker Carbon Capture’s proprietary solution can significantly reduce emissions from offshore power generation.
Aker Carbon Capture: Presentation of Q3 2022 results
Aker Carbon Capture ASA will present its third-quarter 2022 results on 1 November 2022.
Aker Carbon Capture ASA: second-quarter results 2022
Aker Carbon Capture made strong progress in its existing projects and developed its project portfolio favorably in the second quarter of 2022, as the pure-play carbon capture specialist secured new work in the United Kingdom.
Aker Carbon Capture: Presentation of Q2 2022 results
Aker Carbon Capture ASA will present its second-quarter 2022 results on 11 July 2022.
Aker Carbon Capture enters MoU with Storegga and strengthens foothold in UK market with new London office
Aker Carbon Capture has signed a Memorandum of Understanding (MoU) with Storegga to collaborate on carbon capture and storage (CCS) projects and enable industrial emitters access to full value chain offerings in the UK. The agreement marks another UK milestone for the company, after becoming the carbon capture provider for the Keadby 3 Carbon Capture Power Station last week.
New flagship project for Aker Carbon Capture in the UK
To develop the groundbreaking Keadby 3 Carbon Capture Power Station, UK energy company SSE Thermal and Equinor have selected a consortium of Aker Solutions, Siemens Energy and Doosan Babcock, with Aker Carbon Capture as the carbon capture provider. The consortium has been awarded the FEED contract for the gas-to-power plant equipped with carbon capture technology to be built in the Humber region. Aker Carbon Capture and the consortium have agreed on the essential key terms and expect to sign the formal agreement shortly.
Start of construction of CCU project at Twence’s waste-to-energy plant in the Netherlands
Aker Carbon Capture has officially commenced building its Just Catch™ modular carbon capture plant at Twence’s waste-to-energy plant in Hengelo, the Netherlands. Building activities at the site were kicked off with the unveiling of the construction board. The plant will reduce CO2 emissions associated with the generation of energy from the incineration of non-recyclable waste. The captured CO2 will be used in liquid form in the greenhouse horticulture sector. By the end of 2023, the Just Catch™ standardized plant will start capturing 100,000 tonnes of CO2 per year.
Aker Carbon Capture ASA: Mandatory notification of trade as Aker Horizons increases stake in ACC through sale of Rainpower to AKSO
Reference is made to the respective announcements by Aker Horizons ASA (“Aker Horizons”) and Aker Solutions ASA (“AKSO”) on 30 March 2022 regarding AKSO’s purchase of 100 percent of the shares in Rainpower Holding AS from a subsidiary of Aker Horizons (the “Transaction”).
Aker Carbon Capture ASA: First quarter results 2022
Aker Carbon Capture made good progress with existing projects in the first quarter of 2022. By establishing several strategic partnerships, the pure-play carbon capture specialist aims to pursue innovation and accelerate CCUS deployment.
Aker Carbon Capture: Presentation of Q1 2022 results
Aker Carbon Capture ASA will present its first-quarter 2022 results on 28 April 2022.
Aker Carbon Capture ASA: Minutes of Annual General Meeting
The 2022 annual general meeting of Aker Carbon Capture ASA was held today as a digital meeting with online participation. All resolutions were made in accordance with the proposals set out in the meeting notice. Minutes of the meeting are attached and available on https://akercarboncapture.com/investors/general-meetings/.
Aker Carbon Capture and SINTEF Expand Collaboration to Develop Next-Generation CCUS Technology
Oslo, 30 March 2022: Aker Carbon Capture and SINTEF have entered into a strategic collaboration agreement, with the goal of further developing carbon capture utilization and storage (CCUS) technology to reduce CO2 emissions from industry and energy solutions. This is a vital part of the green transition in Norway.
Aker Carbon Capture Collaborates with Microsoft for Scaling of the Carbon Capture Value Chain
Aker Carbon Capture has signed a Memorandum of Understanding (MoU) with Microsoft to pursue joint innovation and explore opportunities to offer services in the Carbon Capture, Utilization and Storage (CCUS) market.
Aker Carbon Capture ASA: Notice of Annual General Meeting
The annual general meeting of Aker Carbon Capture ASA will be held on Tuesday, April 19, 2022 at 16:00h CET as a virtual meeting. The proposed agenda includes election of new board of directors and election of new auditor.
Annual Integrated Report and Remuneration Report for 2021
Aker Carbon Capture today publishes its Annual Integrated Report for 2021, which includes the annual accounts, the auditor’s report for 2021 and the corporate governance report. In addition, the company presents its remuneration report for 2021.
Aker Carbon Capture and Northern Lights JV to collaborate on accelerating the carbon capture and storage market through full value-chain offerings
Aker Carbon Capture and Northern Lights JV have signed a non-exclusive Memorandum of Understanding (MoU) to collaborate on realization of Carbon Capture and Storage (CCS) projects in Norway and across Europe. Together, the two companies represent a full value chain offering from carbon capture through transport and storage. The MoU also seeks to optimize logistics and standardize ship-shore interfaces.
Aker Carbon Capture ASA: Fourth-quarter results 2021
Aker Carbon Capture’s project portfolio developed favorably in the fourth quarter of 2021, as the company secured new work in its key strategic markets.
Aker Carbon Capture and Dan-Unity CO2 to explore solutions for maritime transport of CO2
Aker Carbon Capture and Dan-Unity CO2 of Denmark have signed a collaboration agreement to develop flexible CO2 transport solutions, with the aim of establishing a full carbon capture, utilization and storage (CCUS) value chain.
Aker Carbon Capture: Presentation of Q4 2021 results
Aker Carbon Capture ASA will present fourth-quarter 2021 results on 10 February, 2022.