Shell and Technip Energies Form Global Alliance to Accelerate Industrial Carbon Capture
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📰 The quick summary: Technip Energies and Shell have formed an exclusive global partnership to deploy carbon capture technology, combining advanced technical solutions with proven project execution expertise to help industries reduce emissions more efficiently.
📈 One key stat: Six CANSOLV carbon capture projects have advanced in recent years, with two systems already operational and four more reaching final investment decisions in just the past two years, showing significant market momentum.
💬 One key quote: “This global alliance is the result of more than 10 years of collaboration and continuous innovation,” Arnaud Pieton, Technip Energies CEO, stated.
1️⃣ The big picture: Technip Energies and Shell Catalysts & Technologies have established an exclusive worldwide alliance focused on implementing Shell’s CANSOLV CO2 Capture System for post-combustion applications. This partnership merges Shell’s innovative carbon capture technology with Technip Energies’ expertise in executing complex projects and integrating systems. Together, they’re offering a comprehensive solution that maximizes value, scalability, and efficiency for industrial customers seeking to lower their carbon footprint. The alliance aims to deliver streamlined, end-to-end carbon capture services covering everything from initial planning through ongoing operational support.
2️⃣ Why is this good news: This strategic partnership accelerates carbon capture adoption by providing industrial facilities with a unified, turnkey solution backed by decades of combined experience. Companies looking to decarbonize now have access to pre-optimized systems that reduce implementation complexity and risk. The alliance has already demonstrated success with two operational systems and four more projects that secured final investment decisions within just two years, including the pioneering Net Zero Teesside Power project. Continuous innovation and standardization efforts by both companies ensure their joint offerings adapt effectively to evolving decarbonization challenges across multiple industries.
3️⃣ What’s next: The partners will focus on expanding their integrated carbon capture solution to more industrial sectors globally. They’ll continue refining their standardized offering based on lessons from existing implementations. Both companies will also leverage their decade-long collaboration to drive further innovation in carbon capture technology and project delivery methods.
Read the full story here: Carbon Herald – Technip Energies And Shell Form Exclusive Carbon Capture Alliance
