Ocean GeoLoop AS

Corporate Details

ISIN(s):

NO0010914641

LEI:

549300RJNR13BNHMHC23

Country:

Norway

Address:

Neptunvegen 6, 7652 Verdal

Website:

https://oceangeoloop.com/

Sector:

Water supply; sewerage, waste management and remediation activities

Industry:

Remediation and other waste management service activities

Description

Ocean GeoLoop AS is a green technology company that develops and commercializes solutions for industrial carbon capture. The company's core offering is its proprietary "Carbon Capture by Nature" technology, a process designed to capture CO2 from point source emissions. This technology operates without the use of chemicals, relying on natural processes, which contributes to its high health, safety, and environmental (HSE) performance. A key feature is its energy efficiency, with a reported electricity consumption of approximately 200 kWh per tonne of captured CO2. The electrically driven system is robust, scalable, and suitable for a broad range of industrial emitters, including those without access to residual heat. Test results have demonstrated carbon capture rates exceeding 90%. Ocean GeoLoop provides a comprehensive service model, collaborating with clients from initial flue gas analysis and feasibility studies to the full engineering, procurement, construction, and installation (EPCI) of autonomous capture plants.