Revolutionizing Carbon Capture: SLB Launches New Tool For Efficient Storage Site Selection
Portfolio Pulse from Nabaparna Bhattacharya
Schlumberger N.V. (NYSE:SLB) has launched a carbon storage screening and ranking solution to aid in site selection based on scientific analysis of an asset's long-term integrity and economic potential. The solution is aimed at reducing the chances of carbon capture and storage, getting final approval for investment. The company has already used the solution in Trinidad and Tobago to screen and rank potential storage sites.
October 03, 2023 | 3:12 pm
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Schlumberger's new carbon storage solution could potentially increase its market share in the carbon capture and storage industry, which could have a positive impact on its stock.
The launch of Schlumberger's new carbon storage solution could potentially increase its market share in the carbon capture and storage industry. This could lead to increased revenues and profitability for the company, which could have a positive impact on its stock price.
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