Aker Carbon Capture ASA: First quarter 2024 results
In the first quarter 2024, Aker Carbon Capture recorded high commercial activity across Europe and North America. The company’s order backlog increased to NOK 2.3 billion, up from NOK 1.0 billion in the same period last year. Revenues rose to NOK 566 million, up 97 percent compared to the same period last year. The cash position at the end of the first quarter was NOK 902 million. The company announced the agreement to form a Joint Venture with SLB.“The decision to combine Aker Carbon Capture and SLB’s carbon capture business is underpinned by a strategic vision that reflects our commitment