News Releases 2025
Oct. 10, 2025
MOU Signed with SLB in the Field of CO₂ Capture Technology
JGC Holdings Corporation (headquartered in Yokohama, Japan) has signed a Memorandum of Understanding (MOU) with SLB Capturi (headquartered in Fornebu, Norway) a leading provider of carbon capture technology for industrial sectors, and its parent company SLB (headquartered in Houston, USA), to initiate discussions on strategic collaboration in post-combustion CO₂ capture technologies.
The JGC Group has a proven track record of completing Carbon dioxide Capture and Storage (CCS) facilities in countries such as Algeria and Australia, where CO₂ is recovered and stored from natural gas. Furthermore, under its medium-term management plan "BSP2025," the company has positioned the expansion of its CCS business as a strategic priority. In addition, JGC also intends to focus on post-combustion CO₂ recovery from flue gases. Beyond the EPC of CO₂ capture facilities, the company aims to contribute to the realization of CCS by offering technical consulting services that integrate various approaches such as research, analysis and evaluation, simulation, and risk assessment, all centered around energy and environmental themes.
SLB Capturi is a joint venture established between SLB and Aker Carbon Capture. Its CO₂ capture technology*1 has been adopted in leading CCS projects in Europe, including the world's first industrial-scale CCS project for a cement plant, Brevik CCS, Twence CCS in Netherland, Ørsted Kalundborg CO₂ Hub in Denmark, and Hafslund Celsio CCS in Norway.
The scope of this collaboration includes addressing markets in both the Asia-Pacific and the Middle East regions, where demand for Carbon Capture and Storage (CCS) is expected to grow significantly in the coming decade. By combining SLB Capturi's CO₂ capture technology with JGC Group's extensive engineering expertise and SLB and JGC Group's strong regional presence, the companies aim to provide end-to-end solutions from early phase of engineering, to project execution and implementation, contributing to clients' decarbonization efforts.
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(MOU signed between JGC Holdings, SLB Capturi, and SLB) |
*1 SLB Capturi's CO₂ capture technology was independently developed by SLB Capturi and its predecessor Aker Carbon Capture. JGC Group was not involved in its development.