FilingReader Intelligence

Ocean GeoLoop unveils breakthrough in carbon capture efficiency

July 17, 2025 at 03:37 PM UTCBy FilingReader AI

Ocean GeoLoop's technology achieves carbon capture rates exceeding 90% and product gas purity of 95%, with current energy consumption around 200 kWh/tonne.

A SINTEF study confirms the c-Pump's potential to reduce net electricity demand by over 80% using available waste heat and cooling, achieving approximately 25 kWh/tonne. The c-Pump has an estimated cost of NOK 0.53/kWh.

Ocean GeoLoop plans piloting and commercial applications, with Heroya Industrial Park identified as a promising site.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

OSL:OCEANOslo Stock Exchange

News Alerts

Get instant email alerts when Ocean GeoLoop AS publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →