Ocean GeoLoop ASA
OOSL:OCEAN0.80
NOK
-0.06
(-7.51%)
ISIN
NO0010914641
Return %
Stock
S&P 500
1Y
-67.64
14.20
3Y
-91.59
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
NOK
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in mil. unless spec.Company Description
- CEO
- Eystein Figenschau Lund
- Full Time Employees
- 50
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Verdal Norway
- IPO Date
- Mar 8, 2022
- Website
- oceangeoloop.com
- Similar Companies
- Business
- Ocean GeoLoop ASA is a Norway-based green technology company that develops, designs, and commercializes carbon capture, utilization, and energy recovery solutions for industrial point-source emitters. Founded in 2020 and headquartered in Verdal, Norway, the company provides proprietary technologies aimed at eliminating greenhouse gas emissions across hard-to-abate industries, including pulp and paper, metallurgy, cement manufacturing, smelting, waste-to-energy, and power generation. The company operates through dedicated technology platforms and service offerings, which comprise: GeoLoop CC, an autonomous, point-source carbon capture system designed to capture carbon dioxide directly from industrial flue gases at ambient temperatures and pressures without using chemical amines or hazardous solvents; e-Loop, a clean energy generation system engineered to convert low-temperature industrial waste heat into electricity; R-Loop, a gas separation and resource recovery technology designed to separate and recover gases from complex industrial exhaust streams; and comprehensive engineering, customization, and pilot testing services, including flue gas characterization, modular plant integration, and on-site technological validation. In recent developments, Ocean GeoLoop ASA has focused on the commercial validation and international scaling of its environmental technologies. The company constructed and operated an industrial pilot carbon capture facility at Norske Skog's Skogn manufacturing mill in Norway to demonstrate the operational efficacy of the GeoLoop CC platform under real-world industrial conditions. Furthermore, the company entered into a strategic collaboration and investment agreement with Chevron New Energies, a division of Chevron U.S.A. Inc., aimed at advancing technology qualification, scaling operations, and exploring worldwide commercialization opportunities. Ocean GeoLoop ASA continues to expand its operational footprint across the Nordic region and broader European markets by pursuing commercial deployment agreements with industrial clusters, refining standardized modular capture units, and strengthening its executive leadership and organizational structure to support industrial-scale deployment.