Q3 2024 Aker Horizons ASA Earnings Call Transcript

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Nov 01, 2024

Nov 01, 2024 / 07:30AM GMT
Lars Sperre - Aker Horizons ASA - Chief Executive Officer

Welcome, everybody to today's presentation of Aker Horizons third quarter 2024 Results. My name is Lars Peder Sperre and I'm happy to be the new CEO of Aker Horizons. Joining me here today, we have Kristoffer Dahlberg, CFO of Aker Horizons; and Mary Quaney, CEO of Mainstream Renewable Power, who will present the main developments in the last quarter. You are invited to submit your questions during the presentation and we will respond to them in the Q&A session at the end.

So I will start with a short summary of the main developments that we have seen in the third quarter. The joint venture between Aker Carbon Capture and SLB where ACC holds 20% unveiled its new company name, SLB Capturi. And in August, SLB Capturi announced an important milestone when it secured its first US based project.

They were awarded a FEED contract by the partner CO280 for a large scale carbon capture plant at the pulp and paper facility on the US Gulf Coast. This project is large and aims to remove a full 800,000 tons of CO2 annually.

And

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