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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 nvbusiness newsbreaking news: marketsoil and gasinvestment strategymarketsenergy

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


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