Ocean GeoLoop AS (Ocean GeoLoop, OSE:OCEAN) today announces the successful 3000-hours milestone for the point-source carbon capture pilot at Norske Skog Skogn, Norway, and is now ready to pursue commercial agreements.
“We´re proud to announce that our development program has reached the 3000-hour milestone of safe operations of our point-source carbon capture pilot at Norske Skog Skogn. Having an autonomous carbon capture plant with no harmful chemicals or need for residual heat are features that are highly appreciated by our industrial partners. Following this successful milestone, we look forward to using these results in a commercial setting, “ says Odd-Geir Lademo, Chief Executive Officer of Ocean GeoLoop.
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The long-term testing has provided further proof that the carbon capture technology is highly robust at industrial scale and conditions.
The pilot has shown solid performance related to industrial robustness, including when run autonomously over longer periods.
“We congratulate Ocean GeoLoop on the milestone of 3,000 hours of operation at their pilot plant at Skogn. Our operations have not been affected during the test period. Norske Skog is ready to reduce our biogenic CO2, and look forward to the further results of the Ocean GeoLoop’s carbon capture operations,” says Håvard Busklein, Managing Director at Norske Skog Skogn AS.
The company will announce the first half 2023 report 7 September 2023.
Read more: Ionada To Develop Onboard Carbon Capture System Under Norway’s Green Shipping Programme
