Aker, SINTEF ink agreement to develop CCUS technology
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 and SINTEF have collaborated for more than 25 years, and have been pioneers of CCUS, which represents a vital solution for our ability to reach net-zero emissions. With this agreement, we accelerate the transfer of science and research to innovation in the market,” said Alexandra Bech Gjørv, CEO of SINTEF.
“Establishing the right partnerships is a critical component of our strategy and we are pleased to further strengthen our collaboration with SINTEF to develop new innovative solutions to curb CO2 emissions,” said Valborg Lundegaard, CEO of Aker Carbon Capture.
The agreement represents a strategic interaction on a non-exclusive basis, with the goal to speed up and make available CCUS more widespread. There will be actions to establish more CCUS projects, particularly in the field of CO2 capture.
Through the collaboration, the parties will explore opportunities to develop new capture technologies, share knowledge and collaborate more closely to generate and follow-up on new ideas.
Establishing a common framework for collaboration will remove barriers and bureaucracy, thereby enabling SINTEF and Aker Carbon Capture to collaborate quickly and efficiently.
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