Article

SLB has reported a $210 million loss related to its carbon capture joint venture, SLB Capturi, due to an impairment and goodwill write-down, underscoring the challenges of large-scale carbon capture and storage (CCS) efforts. Despite this setback, SLB Capturi continues to expand its operations in Europe, having delivered five modular capture units in Denmark and completed the world's first full-scale carbon capture facility at a cement plant in Norway. The company is also working on a system to capture CO2 at a waste-to-energy facility in the Netherlands, highlighting both the risks and potential in the CCS sector.