Technip Energies (PARIS: TE) and Shell Catalysts &
Technologies have agreed to strengthen their relationship and will
be moving towards global exclusivity for the delivery of
amine-based post-combustion carbon capture based on Shell’s
cutting-edge CANSOLV* CO₂ Capture System.
The two energy-transition leaders have been
working together as an alliance since 2012. That alliance has
continuously evolved to meet dynamic market needs and make carbon
capture accessible for industry.
Building on this successful collaboration and a
deep commitment to the energy transition, the strengthened alliance
combines the capabilities of Shell Catalysts & Technologies’
leading technology licensing expertise with Technip Energies’
integration and project delivery excellence to address the growing
demand for scalable post-combustion carbon capture solutions in
relevant industrial sectors. The companies believe that this is the
best model to deliver innovative and investable solutions for their
clients. From project inception through to operational support, the
alliance’s integrated teams work closely with those clients to
ensure seamless execution and continuous performance
optimization.
Technip Energies and Shell Catalysts &
Technologies lead first-of-their-kind projects in this emerging
market. They are constantly learning and creating value through
continuous improvement, standardization and innovation. The
alliance deploys proven approaches and performance to new
industries and applications for the products, technologies and
business models of tomorrow.
Christophe Malaurie, SVP Decarbonization
Solutions of Technip Energies, commented: “We firmly
believe that CCUS will play a critical role in the energy
transition, and our alliance will offer an effective model to
address the industry’s needs. By leveraging our combined expertise
and unified working approach, we are delivering investable
solutions today for global deployment. Through continuous
improvement, innovation and standardization, we are shaping this
new industry, and our Canopy by T.EN™ solutions, powered by Shell’s
CANSOLV CO2 technology, are testament to this ongoing success”
Nick Flinn, General Manager
Decarbonization of Shell Catalysts & Technologies,
commented: “Recognizing the unique challenges of producing
decarbonized energy, power and products profitably and efficiently,
the Technip Energies–Shell Catalysts & Technologies alliance is
already providing industry-leading CCS solutions that make a
sustainable, positive impact on our clients' facilities. By moving
towards exclusivity, we are confident our alliance will drive the
success of our clients’ decarbonization at scale, shaping the path
to a cleaner future and meeting evolving market needs with advanced
carbon-capture technology.”
*CANSOLV is a Shell trademark
About Technip Energies
Technip Energies is a leading Engineering &
Technology company for the energy transition, with leadership
positions in LNG, hydrogen and ethylene as well as growing market
positions in blue and green hydrogen, sustainable chemistry and CO2
management. The Company benefits from its robust Project Delivery
model supported by an extensive Technology, Products and Services
offering.
Operating in 34 countries, our 16,000 employees
are fully committed to bringing our clients’ innovative projects to
life, breaking boundaries to accelerate the energy transition for a
better tomorrow.
Technip Energies shares are listed on Euronext
Paris. In addition, Technip Energies has a Level 1 sponsored
American Depositary Receipts (“ADR”) program, with its ADRs trading
over the counter.For further information: www.ten.com
About Shell Catalysts & Technologies
Shell Catalysts & Technologies exists to provide Shell and
non-Shell businesses with the tools, technologies and insights that
are needed to navigate the energy transition.
We are pushing boundaries in the energy transition space. For
decades, we have been developing game-changing technological
innovations to solve seemingly insurmountable challenges. Now we
have, or are developing, a wide range of differentiated solutions
that offer attractive decarbonisation opportunities, including
biofuels, carbon capture and decarbonised (blue) hydrogen
technologies.
What sets us apart is the knowledge we have gained from Shell’s
corporate heritage as an operator of refineries and petrochemical
plants around the world. It also gives us a unique perspective on
how refiners can remain competitive.
Our world-class catalyst and research and development expertise
has enabled us to establish an enviable track record for developing
leading-edge zeolites and catalysts, advanced solvents and
pioneering processes, and provides a strong foundation for our
future technology development.
For more information, visit www.shell.com/ct.
Contacts
Technip Energies
Investor Relations
Media
RelationsPhillip Lindsay
Jason
HyonneVice-President Investor Relations
Press Relations &
Social Media ManagerTel: +44 207 585
5051 Tel:
+33 1 47 78 22 89Email: Phillip Lindsay
Email: Jason Hyonne
Shell Catalysts &
Technologies
Shell Media RelationsTel.: +31 (0)70 377
8750Email: media-nl@shell.com
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Grafico Azioni Technip Energies NV (EU:TE)
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Grafico Azioni Technip Energies NV (EU:TE)
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