GE and Sargas AS Announce Alliance for Enhanced Oil Recovery

HOUSTON & OSLO--(BUSINESS WIRE)--GE (NYSE: GE) today announced it has concluded a commercial alliance agreement with Norway-based Sargas AS to provide a gas turbine for one of the worlds first gas-fired plants with integrated carbon capture for enhanced oil recovery (EOR).

The Sargas plant will combine a configuration of the existing LMS100 aeroderivative gas turbine package from GE with Sargas patented combustion and carbon-capture technology enabling low emissions power generation. The technology provided by Sargas captures carbon dioxide (CO2) at pressure, which requires lower capital investment costs and can be built quickly