Baker Hughes to Acquire Compact Carbon Capture (3C) Technology to Help Advance Industrial Decarbonization

Author photo: Craig Resnick
ByCraig Resnick
Category:
Acquisition or Partnership

Baker Hughes announced it is acquiring Compact Carbon Capture (3C), a technology development company specializing in carbon capture solutions.  The acquisition supports Baker Hughes’ strategic commitment to energy transition by providing decarbonization solutions for carbon-intensive industries, including oil and gas and broader industrial operations.  3C’s technology addresses CO2 capture from different emission sources and can contribute to the decarbonization of customers’ operations.

3C’s technology differs from traditional carbon capture solvent-based solutions by using rotating beds instead of static columns, distributing solvents in a more compact and modularized format.  The rotating bed technology helps to enhance the carbon capture process, which can result in up to a 75 percent smaller footprint and lower capital expenditures.  In addition, 3C’s modular and scalable configuration can be more easily deployed into existing brownfield applications and can be further optimized for a range of capacities and applications, including offshore and industrial emitters.

Baker Hughes will focus on scaling and commercializing 3C’s technology.  As part of the agreement, Baker Hughes will accelerate the development of the technology, leading to additional commercial deployments for customers globally.

The agreement includes all intellectual property, personnel and commercial agreements.

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