2022 saw a successful launch of Carbon Circle. 20 professionals are on board, with many more to come in 2023. We see huge demand for our services, not just within traditional oil and gas, but also within clean tech. Three large contracts signed in December alone.

The world needs more energy and the demand for Carbon Capture & Storage (CCS) is growing at such a rapid pace, that it is difficult to keep up with for service providers like Carbon circle. 

We have a specialized team with professionals offering CCS project development with end-to-end CCS solutions to customers, from the initial planning phase to analysis, financing, construction, and operations onsite CCS plants. It is very complex operations and very just a few players have the know-how and the professionals to offer similar solutions.

Carbon Circle is part of the Green Transition Holding Group, which offers extensive services within clean tech, specialized on Energy-from-Waste (EfW) and CCS. We already see good synergies by securing contracts in both the UK and Canada for FEED Studies within EfW. 

In December we entered into a non-exclusive frame agreement with Ocean GeoLoop (OGL) for delivery of engineering, procurement, and construction (EPC) services, related to OGL’s propriety carbon capture technology. It was our solid EPC experience and track record that won us the contract. There are many more to come going forward.

We are well positioned for take-off in 2023 and I will on that note like to use this opportunity to wish our clients and friends a very Merry Christmas and a Happy New Year.

Aslak Hjelde, CEO Carbon Circle

   Highlights of 2022 were:

• Founded by GTH in May 2022 together with a highly experienced management team
• Secured multiple contracts within Oil & Gas, EfW and CCS, ensuring backlog into 2023
• Signed frame agreement with Ocean GeoLoop for EPC services within carbon capture
• 20 experienced employees hired with strong growth ambitions for 2023