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SLB to invest nearly $400 million in carbon capture company in push to scale technology - TL;DR CNBC

SLB to invest nearly $400 million in carbon capture company in push to scale technology

Publishing timestamp: 2024-03-28 12:07:16


Summary

SLB is investing nearly $400 million in Norway's Aker Carbon Capture to accelerate deployment of carbon capture technology. The company is targeting $3 billion in revenue from its new energy business by the end of the decade.


Sentiment: NEUTRAL

Tickers: SLB, 

Keywords: schlumberger nv,  business news,  breaking news: markets,  oil and gas,  investment strategy,  markets,  energy, 

Source: https://www.cnbc.com/2024/03/28/schlumberger-to-invest-nearly-400-million-in-carbon-capture-company.html


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