Schlumberger & LafargeHolcim JV in storage,Carbon Capture Solutions
LafargeHolcim and Schlumberger New Energy will explore the development of Carbon Capture and Storage (CCS) solutions. The two companies will study the feasibility of capturing carbon from two LafargeHolcim cement plants, based in Europe and North America, using Schlumberger’s carbon sequestration technologies. This innovative partnership paves the way for both companies to make strong inroads in carbon solutions.
Magali Anderson, Chief Sustainability Officer, LafargeHolcim, commented: “Today’s announcement is further proof of LafargeHolcim’s environmental leadership and commitment to pioneer new solutions to reduce carbon emissions on our journey to become a net zero company. Our partnership with Schlumberger, the world’s leading provider of technology to the global energy industry, will bring new advances in storage that could be replicated at scale across our sites.”
Ashok Belani, Executive Vice President, Schlumberger New Energy, commented: “Partnering with LafargeHolcim is a unique opportunity to work collaboratively and demonstrate that Carbon Capture and Storage can be done safely and at scale. We are quickly expanding our Schlumberger New Energy activities via strategic partnerships across several industrial sectors. This collaboration is an example of an innovative model that joins the world’s global leader in building solutions and the subsurface domain expert to cover all aspects of the Carbon Capture and Storage value chain.”
This collaboration is a step towards developing a blueprint for large-scale deployment of Carbon Capture and Storage solutions in transformational sectors. Schlumberger New Energy is partnering with leaders in a range of strategic sectors to demonstrate carbon solutions across a wide range of projects. LafargeHolcim is piloting more than twenty Carbon Capture projects across Europe and North America to identify the most promising ventures with scale-up potential.
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