SLB to buy 80% stake in Aker Carbon Capture joint venture for at least $381 million (NYSE:SLB)

Oil pumps and drilling rig at sunset

baona/E+ via Getty Images

SLB (NYSE:SLB) said after hours Wednesday that it had agreed to combine its carbon capture business with Aker Carbon Capture to create a new venture focused on carbon capture, with the oilfield services company owning 80% and ACC holding the 20%.

SLB (SLB), formerly Schlumberger, agrees

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