Energy Storage, GHG Emissions, Industrial - November 1, 2022
Linde Partners on Carbon Capture
Linde has entered into a strategic collaboration with SLB on carbon capture, utilization and sequestration (CCUS) projects to accelerate decarbonization solutions across industrial and energy sectors.
The collaboration will combine experience in carbon dioxide (CO2) capture and sequestration; innovative technology portfolios; project development and execution expertise; and engineering, procurement, and construction (EPC) capabilities.
This collaboration will focus on hydrogen and ammonia production where CO2 is a by-product, and in natural gas processing. CCUS abates the emissions from these energy-intensive industries, creating new low-carbon energy sources and products. The International Energy Agency (IEA) estimates that over 6Gt of CO2 per year will need to be abated with CCUS in order to reach net zero by 2050.
“Carbon capture and storage will be a key lever for tackling global warming,” said Sanjiv Lamba, chief executive officer, Linde, in a statement. “We are committed to helping customers decarbonize their operations in a cost-effective way. With SLB, we are able to offer technology-driven solutions—from execution of complex EPC projects through to ensuring reliable and safe long-term storage.”