Ocean-geoloop As · OSL:OCEAN
Ocean-geoloop As — Investor Presentation (May 2024)
16 slides from Ocean-geoloop As's investor presentation, May 2024
Slide 1: Company Presentation
Company Presentation May 2024 1
Slide 2: Green, disruptive technologies with a global reach
Overview Green, disruptive technologies with a global reach A growing world population Escalating emissions increase the Man-made emissions causing requires an increasing amount of global temperature, resulting in a ecosystem collapse and loss of sustainable, local resources (energy, major climate c
Slide 3: Selected partners - a strong network
Selected partners - a strong network 3
Slide 4: Increasing customer interest
Highlights 2024 Increasing customer interest • Strong increase in customer interest in 2024, from both existing and new industries. Based on current dialogues, we expect to increase the portfolio of contracted customer studies in 2024. • Strong progress in the ongoing feasibility study for quicklime
Slide 5: Our first targeted projects
Go-to-market strategy Our first targeted projects • Ocean GeoLoop emphasizes collaboration and strategic partnerships as means of rapid industrial scaling. • OGL pursues a selected number of industrial targets, representing global industry segments with large market potential. • Such a network model
Slide 6: Pursuing selected targets representing global industry segments
Go-to-market strategy Pursuing selected targets representing global industry segments Smelters Pulp and paper Quicklime and cement Other industrials CO2 concentration in flue gas < 1% ~10% ~20% ~65% 6
Slide 7: Quicklime - a significant opportunity where OGL carbon capture technology is world leading
Quicklime and cement Quicklime - a significant opportunity where OGL carbon capture technology is world leading World quicklime production 2022* EU • No available technologies for large- 20 • scale capture in this segment today. 1 ton of quicklime = ~1 ton of CO2 million tonnes • World production is
Slide 8: NorFraKalk preliminary results indicate a strong fit for quicklime and cement
Quicklime and cement NorFraKalk preliminary results indicate a strong fit for quicklime and cement • Initial capture rate exceeding 90% and product gas purity of 95% are strong parameters. • The corresponding energy consumption will be communicated before summer. • Franzefoss Minerals’ subsidiary No
Slide 9: Clear goal
Quicklime and cement Clear goal We want to contribute to developing the most energy- efficient and environmentally friendly technology possible, which is also suitable for capturing CO2 at our lime kilns. This is the background for our partnership with Ocean GeoLoop. Hanne Markussen Eek CEO of Franz
Slide 10: Ocean GeoLoop´s technology strategy
Technology Ocean GeoLoop´s technology strategy Ocean GeoLoop´s overall technology strategy is to deliver disruptive technology to the market making carbon capture applicable in industries that today have demanding conditions for establishing this as a solution for decarbonization. In other words, we
Slide 11: Our carbon capture process
Technology Our carbon capture process 1 Pre-wash of the flue gas A water-based method is used to pre-treat the flue gas to eliminate acidic components and other pollutants that may affect the capture process. 2 Absorption The pre-treated gas proceeds to an absorption step drawing the CO2 out from th
Slide 12: Ocean GeoLoop - clean and green carbon capture
Technology Ocean GeoLoop - clean and green carbon capture End-of-pipe solution - simple integration Universal absorption technology - fits a range of emission points Non-toxic, non-amine, highly stable and safe –no use of hazardous chemicals or other common HSE concerns Fully autonomous operations -
Slide 13: High level technology strategy towards disruptive cost levels
Technology High level technology strategy towards disruptive cost levels Illustrative marginal cost of carbon capture (per ton) Conventional processes Ocean GeoLoop Pilot plant at Skogn Next generations Carbon Capture Process optimization at SINTEF's CO2 lab - ongoing e-Loop pilot Full-scale unit ai
Slide 14: High level timeline within the CCUS Business area
High level timeline High level timeline within the CCUS Business area* 2024 2025 à à Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Execution of the NorFraKalk feasibility study Contracting and start-up of 10 000 tons demo capture facility at NorFraKalk Announcing Study corresponding Contracted completed energy data Contr
Slide 15: Important information and Disclaimer
Important information and Disclaimer Copyright Copyright of all published material including photographs, drawings and images in this document remains vested in Ocean Geoloop AS and third-party contributors as appropriate. Accordingly, neither the whole nor any part of this document shall be reprodu
Slide 16: oceangeoloop.com
oceangeoloop.com 16