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SLB Clears US Regulatory Review of ChampionX Acquisition

“SLB’s acquisition of ChampionX comes at an important time in the industry”, SLB said in the deal announcement April 2, 2024. “The production phase of oil and gas operations typically comprises the majority of an asset’s life cycle from completion through decommissioning. This places a premium on service providers’ ability to help customers address challenges across the entirety of their production system.

SLB, Aker Solutions Secure Hafslund Celcio Carbon Capture Deal

SLB noted that the EPCIC award follows a cost-reduction phase for Hafslund Celsio’s project, during which efficiency improvements, such as layout optimization, were identified. The project will utilize SLB Capturi’s modular Just Catch 400 unit. SLB said the space-efficient Just Catch design creates a feasible and cost-effective solution by minimizing on-site footprint, installation, and outfitting requirements.