Shell, Technip to collaborate on improving CO2 capture technologies
The agreement enables both Technip and Shell Cansolv to offer a full chain of engineering, procurement and construction (EPC) services for post-combustion CO2 capture projects.
Shell Cansolv and Technip plan to leverage their expertise to market an end-to-end solution for carbon capture and sequestration (CCS) projects, the companies announced on Monday.
The agreement enables both Technip and Shell Cansolv to offer a full chain of engineering, procurement and construction (EPC) services for a post-combustion CO2 capture project to the power generation industry.
In the collaboration, Shell Cansolv says it will capitalize from Technips experience in the design, construction, and management of large EPC projects and its commercial global footprint. This new cooperation will also expand Shell Cansolvs international reach by giving the company a platform to offer its CO2 capture technology in increased scope as well as to new markets.
We are delighted that Technip will be providing EPC services," said Philippe Gauthier, president and general manager of Shell Cansolv. "Our team of experts will together ensure we deliver the high standards and satisfactory returns our clients expect. By doing so, we will continue to demonstrate that Shell Cansolv is a world leader in deploying post-combustion CO2 capture on a significant commercial scale.
Technip describes itself is a world leader in project management, engineering and construction for the energy industry.
Shell Cansolvs CO2 capture technology will play an important role in helping us meet todays energy challenges," said Stan Knez, Technips senior vice president of process technology. "With a strong track record of deploying technologies and providing full EPC solutions to our customers, Technip is pleased to join Shell Cansolv with helping clients reduce emissions and meet environmental regulations.
Shell Cansolv was formed after Shell acquired gas emissions treating specialists Cansolv Technologies back in December 2008.