Ocean GeoLoop won the Powered by Telemark award
Odd-Geir Lademo in Ocean GeoLoop, receiving the Telemark award on behalf of the company. Photo: Powered by Telemark
Published: 15. May 2023 - Last updated: 29. June 2023
The award honors our contribution to the collaborative culture, and our work with Yara International.
This acknowledgement means a lot and confirms the value of the way we work as expressed by Jarann Wold Pettersen, Chairman of the Board of Powered by Telemark: ”We believe the company is an excellent example of what the region desires – both in terms of their contribution to the culture of collaboration and the problems they dare to tackle in new ways.”
The award recognizes companies that collaborate to solve a problem. The Grenland industrial region has the most ambitious goal of making region climate positive by 2040. We perceive this ambition to permeate the entire organization of Yara, and we notice a strong engagement to find solutions to their ambitious emission reduction targets.
From 2021 our engagement and presence at Herøya and in Grenland has been unwavering. Our partnership with Yara International focuses on exploring commercial opportunities for carbon capture and electricity production.
We are currently considering carbon capture linked to Yara's proposed expansion project at its calcium nitrate plant at Herøya, and we foresee increased cooperation with partners in this interesting region.
At OGL, we are genuinely interested in getting young people's perspectives and input on what OGL is working on. Therefore, from the first year of operation, we have engaged students to “Join the Loop” and contribute to various activities and tasks.
(Verdal, 7 September 2023) Ocean GeoLoop AS (Ocean GeoLoop, OSE:OCEAN), the green tech company developing multifunctional environmental technologies based on nature’s own processes, today announces revenues in the first half of 2023 of NOK 83.2 million (1H 2022:45.7). The company subsequently announced the successful 3000-hours milestone for the point-source carbon capture pilot at Norske Skog...
Ocean GeoLoop AS today announces the successful 3000-hours milestone for the point-source carbon capture pilot at Norske Skog Skogn, Norway, and is now ready to pursue commercial agreements.