Technip Energies and Shell Catalysts & Technologies have signed a global alliance agreement for carbon capture delivery

Core Viewpoint - Technip Energies and Shell Catalysts & Technologies have formed a global alliance to exclusively collaborate on delivering a post-combustion amine-based carbon capture solution utilizing Shell's CANSOLV CO2 Capture System [1][2]. Group 1: Alliance Details - The alliance combines Shell's technology expertise with Technip's project delivery capabilities, aiming to provide enhanced solutions in the carbon capture sector [2][3]. - The collaboration is designed to make carbon capture more investable, scalable, and accessible for industrial sectors, facilitating customer decarbonization efforts [3]. Group 2: Leadership Statements - Robin Mooldijk from Shell emphasized that the agreement represents a significant milestone in their partnership, aimed at advancing customer decarbonization plans [4]. - Arnaud Pieton from Technip highlighted the combination of cutting-edge technology and project execution excellence as key to the alliance's success [4]. Group 3: Proven Performance - The alliance builds on a strong foundation with two operational CANSOLV facilities and four CANSOLV-based projects that have reached final investment decisions in the last 24 months, including the Net Zero Teesside Power project [4]. - Both companies have continuously refined their offerings through innovation and operational insights to meet market demands [4]. Group 4: Company Background - Technip Energies is recognized as a global technology and engineering powerhouse, with leadership in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [6]. - The company generated revenues of €6.9 billion in 2024 and operates in 34 countries with over 17,000 employees [7]. Group 5: Shell Catalysts & Technologies - Shell Catalysts & Technologies focuses on providing tools and technologies to navigate the energy transition, developing innovative solutions for decarbonization [8][9]. - The company leverages its extensive experience in refining and petrochemical operations to offer competitive advantages in the market [10].