Thursday, December 19, 2024

Technip Energies & Shell Forge Exclusive Carbon Capture Alliance

Technip Energies and Shell Catalysts & Technologies have agreed to strengthen their relationship and will be moving towards global exclusivity for the delivery of amine-based post-combustion carbon capture based on Shell’s cutting-edge CANSOLV* CO₂ Capture System.

The two energy-transition leaders have been working together as an alliance since 2012. That alliance has continuously evolved to meet dynamic market needs and make carbon capture accessible for industry.

Building on this successful collaboration and a deep commitment to the energy transition, the strengthened alliance combines the capabilities of Shell Catalysts & Technologies’ leading technology licensing expertise with Technip Energies’ integration and project delivery excellence to address the growing demand for scalable post-combustion carbon capture solutions in relevant industrial sectors. The companies believe that this is the best model to deliver innovative and investable solutions for their clients. From project inception through to operational support, the alliance’s integrated teams work closely with those clients to ensure seamless execution and continuous performance optimization.

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Technip Energies and Shell Catalysts & Technologies lead first-of-their-kind projects in this emerging market. They are constantly learning and creating value through continuous improvement, standardization and innovation. The alliance deploys proven approaches and performance to new industries and applications for the products, technologies and business models of tomorrow.

Christophe Malaurie, SVP Decarbonization Solutions of Technip Energies, commented: “We firmly believe that CCUS will play a critical role in the energy transition, and our alliance will offer an effective model to address the industry’s needs. By leveraging our combined expertise and unified working approach, we are delivering investable solutions today for global deployment. Through continuous improvement, innovation and standardization, we are shaping this new industry, and our Canopy by T.EN™ solutions, powered by Shell’s CANSOLV COtechnology, are testament to this ongoing success”

Nick Flinn, General Manager Decarbonization of Shell Catalysts & Technologies, commented: “Recognizing the unique challenges of producing decarbonized energy, power and products profitably and efficiently, the Technip Energies–Shell Catalysts & Technologies alliance is already providing industry-leading CCS solutions that make a sustainable, positive impact on our clients’ facilities. By moving towards exclusivity, we are confident our alliance will drive the success of our clients’ decarbonization at scale, shaping the path to a cleaner future and meeting evolving market needs with advanced carbon-capture technology.”

SOURCE: GlobeNewswire

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