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Aker Carbon Capt Stock Price, News & Analysis

AKRCY OTC

Welcome to our dedicated page for Aker Carbon Capt news (Ticker: AKRCY), a resource for investors and traders seeking the latest updates and insights on Aker Carbon Capt stock.

Aker Carbon Capture ASA (AKRCY) is presented in company announcements as a former operating company that entered a formal liquidation process after selling its indirect stake in the joint venture SLB Capturi AS. The news flow around Aker Carbon Capture ASA focuses on extraordinary general meetings, dividend distributions, liquidation steps, and regulatory disclosures rather than ongoing business operations.

Readers following AKRCY-related news can expect detailed updates on corporate actions such as the sale of the 20% ownership interest in SLB Capturi AS, decisions to distribute cash dividends, and resolutions to liquidate the company and apply for delisting from Euronext Oslo Børs. Announcements describe how the board prepared an audited liquidation balance sheet, called virtual extraordinary general meetings, and set out key information on liquidation dividends, including amounts per share and relevant dates.

News items also cover governance and legal aspects, including references to the Norwegian Securities Trading Act, the Norwegian Public Limited Liability Companies Act, and Euronext Oslo Rule Book II. There are disclosures about large shareholdings and internal reorganizations within the Aker group, as well as notes that some shareholders may be considering legal action in relation to past transactions, with the company stating that no formal claims have been made.

This news page allows investors and researchers to follow the sequence of events that led from Aker Carbon Capture ASA’s role as an owner in SLB Capturi AS to its decision to cease investment and operational activities, return cash to shareholders, and proceed through liquidation. By reviewing these announcements together, users can understand the company’s final phase, the timing and structure of distributions, and the regulatory framework governing its wind-down.

Rhea-AI Summary

Aker Carbon Capture ASA is set to present its third-quarter 2022 results on November 1, 2022, at 15:00 CET. The presentation will be available via a webcast, allowing stakeholders to participate and submit questions during the event. The presentation materials will be published beforehand at 07:00 CET. Interested parties can access the webcast through a dedicated link provided in the announcement. This event highlights the company's ongoing commitment to transparency and stakeholder engagement in its financial performance.

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Aker Carbon Capture has signed a Memorandum of Understanding (MoU) with Storegga to enhance carbon capture and storage (CCS) projects in the UK, following its role in Keadby 3. This partnership leverages Aker's 20 years of expertise in carbon capture technology and Storegga's experience in CO2 transport and storage. Aker is expanding its presence in the UK by opening a new office in London to cater to increasing client demand, focusing on projects with significant CO2 capture potential, including SSE Thermal and bp's Net Zero Teesside.

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On June 15, 2022, SSE Thermal and Equinor announced the selection of a consortium including Aker Solutions, Siemens Energy, Doosan Babcock, and Aker Carbon Capture for the Keadby 3 Carbon Capture Power Station project in the Humber region, UK. The FEED contract will lead to a power plant with a capacity of up to 910MW, capable of capturing 1.5 MT of CO2 annually. Expected to contribute £1.2bn to the UK economy, this project aims to support the UK's carbon capture and storage goals, enhancing energy security while promoting decarbonization.

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Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
Norway
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