Aker Solutions and Microsoft have signed a strategic agreement in Norway to accelerate global carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects. The partnership combines Aker Solutions' engineering and EPC capabilities with Microsoft's digital tools, AI, and digital MRV systems. This collaboration aims to reduce project risk, enhance business cases, and increase the bankability of CCS and CDR developments. The integrated model supports developers from feasibility studies to long-term operations, addressing hurdles like high capital investment risks and complex financial pathways.
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