Polarcus Limited (OAX: PLCS) is pleased to announce that the Company has entered into a research collaboration project with Cambridge Carbon Capture Ltd (CCC) in the United Kingdom to develop carbon mineralization technology. Such technology could potentially be used to reduce CO2 emissions from ships, including emissions from Polarcus’ fleet of 3D seismic vessels. As part of the agreement Polarcus and CCC have agreed to jointly fund a 3 year Ph.D. research program at the University of Sheffield. The program will operate under the “E-Futures Doctoral Training Centre” scheme operated at the university.
Dr. Robin Francis, CEO Cambridge Carbon Capture, commented: "We are delighted to be working with Polarcus, an acknowledged leader in reducing emissions from marine vessels. The collaboration will help us to further develop our carbon capture technologies for use in the marine and other sectors."
It is believed that the research project will make an important contribution to Polarcus’ goal of being the most environmentally responsible towed marine seismic service provider in the industry.
Erik Godoy, Engineering and Technical Manager, Polarcus,
+971 4 436 0800 / +971 50 600 1544
Dr. Robin Francis, Chief Executive Officer, Cambridge Carbon Capture,
+44 7920 449593
Polarcus (OAX: PLCS) is a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating an innovative design and advanced maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects worldwide and employs over 500 professionals. The Company’s principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com
About Cambridge Carbon Capture
Cambridge Carbon Capture Ltd (CCC) is developing unique electrochemical mineral carbonation technologies for the profitable & scaleable capture of CO2 into high value products while producing clean carbon-free power. The company works with industrial customers and research partners to develop cost-effective and practicable technical solutions for carbon capture, zero-carbon power production and minerals transformation. For more information, visit www.cacaca.co.uk