Aker Solutions has signed an agreement with Microsoft to advance the maturity, bankability and delivery of carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects across the globe.
Under the agreement, Aker Solutions will engage with developers, emitters, transport and storage providers, industry stakeholders and governments to support project development, reduce execution risk, strengthen investment readiness, including potential CDR credits, and accelerate progress towards final investment decisions (FID).
The collaboration combines Microsoft’s expertise in digital technologies, data, artificial intelligence (AI), monitoring, reporting and verification (MRV), and carbon markets with Aker Solutions’ techno-economic advisory services and end-to-end engineering, procurement, and construction capabilities.
As selected CCS and CDR projects progress towards FID, the companies will provide integrated engineering and execution support, offering developers a single pathway from early-stage feasibility through to operations.
