Ocean GeoLoop

What Ocean GeoLoop does

Ocean GeoLoop AS is a Norwegian green technology company developing and commercializing a proprietary carbon capture technology branded "Carbon Capture by Nature." The technology captures CO2 from industrial point-source emissions using only natural processes, without harmful chemicals, and is electrically driven with reported energy consumption of approximately 200 kWh per tonne of CO2 captured (~0.7 GJ per tonne). It targets industrial emitters — including fertilizer and quicklime producers — that lack access to residual heat and require chemical-free, autonomous operation. The company's R&D Center is located at SINTEF Industry's premises in Trondheim, and a mobile test unit supports on-site flue gas validation.

The company monetizes through a hardware-and-service model centered on EPCI (engineering, procurement, construction, installation) of capture facilities, supported by R&D testing services, mobile test units, and ongoing operations. The go-to-market is a consultative enterprise field-sales motion, progressing customers through pre-qualification (gas analysis/testing), feasibility study, test phase, EPCI delivery, and operations. Two anchor engagements anchor the current pipeline: a NorFraKalk feasibility study (finalized November 2024) for a 10,000-tonne pilot at a Verdal lime kiln, and an intensified collaboration with Yara Norge on CCUS solutions for a Calcium Nitrate plant, both demonstrating 90-98% capture rates. The company is listed on Oslo Børs Euronext Growth (ticker: OCEAN), headquartered in Verdal, Norway, and is actively reshaping its portfolio — announcing in June 2026 plans to divest its subsidiary Ocean Tunicell to refocus on core carbon capture, while also initiating COOL unit testing.

Name

Ocean GeoLoop

Legal name

Ocean GeoLoop AS

Website

https://oceangeoloop.no

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Ocean GeoLoop is a Norwegian green tech company commercializing a proprietary, chemical-free, electrically driven carbon capture technology ("Carbon Capture by Nature") for industrial point-source CO2 emitters, with current pilot engagements in the fertilizer and quicklime sectors.

Ownership category

akta.pro rank

Product category

Industrial Carbon Capture Equipment

NAICS

Industrial Gas Manufacturing (32512)

SIC

Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)

akta.pro primary industry

Post-combustion Capture Systems (Membranes & Hybrid Membrane Processes) (EUABAGAC)

akta.pro secondary industry

Carbon Removal Project Development, Financing & Offtake (Developers, Aggregators, Buyers Clubs) (EUABAFAL)

Keywords

• Industrial carbon capture
• CO2 capture technology
• Point source emissions
• Carbon capture equipment
• CCUS solutions

Headquarters

HQ city

Vårdal

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Carbon Capture Solutions and Equipment: The company offers carbon capture solutions scaled to customer needs, including engineering, procurement, construction and installation (EPCI) of capture facilities, followed by operations services. Revenue likely derives from equipment sales, project implementation, and ongoing operational services for captured CO2.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ocean GeoLoop develops and commercializes a proprietary carbon capture technology branded "Carbon Capture by Nature" that captures CO2 from industrial emissions using only natural processes, without harmful chemicals. The company delivers complete carbon capture solutions for industrial point source emitters, including engineering, procurement, construction and installation (EPCI) of capture facilities, supported by an R&D test center in Trondheim and a mobile test unit for customer flue gas validation.

Product overview

Ocean GeoLoop offers a carbon capture solution based on their proprietary 'Carbon Capture by Nature' technology. The company provides a range of services and products for industrial CO2 emissions reduction, including R&D Center testing services in Trondheim and mobile test units for on-site flue gas testing. Their customer journey spans from pre-qualification (gas analyses), through feasibility studies, test phases, EPCI (engineering, procurement, construction, installation), to fully autonomous operations. The company also maintains a subsidiary, Ocean Tunicell, which is currently being divested.

Differentiator

Problem solved

Functional benefit

Products and services

• Carbon Capture by Nature Proprietary 100% clean, autonomous and energy efficient carbon capture technology that captures CO2 from industrial emissions using only natural processes without harmful chemicals. It is electrically driven and designed for industries without access to residual heat, with digital data access and easy integration. Carbon capture rates exceed 90-98% with product gas purity of 95-98%.
• R&D Center Testing Services Carbon capture test facility located at SINTEF Industry's premises in Trondheim, Norway, offering gas analyses and carbon capture testing of customer-specific flue gas compositions to verify compatibility with the company's solutions before full-scale deployment.
• Mobile Test Unit Mobile carbon capture testing unit deployed during the test phase of customer projects for on-site flue gas testing and validation of capture performance.
• COOL (Carbon Capture by Ocean Loop) Carbon capture unit technology branded COOL (Carbon Capture by Ocean Loop) that began testing in June 2026 as the company's branded industrial carbon capture unit product.
• EPCI and Operations Services Full-scope delivery of carbon capture facilities including engineering, procurement, construction and installation (EPCI), followed by ongoing autonomous operations services for industrial customers across the CO2 capture process.

Quantifiable outcome

• Carbon capture rates of 98 percent and product gas purity of 98 percent in Yara Norge tests
• +2 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• NorFraKalkcoreStrategic or Co-development Partner · 1 January 2024Collaboration on a large-scale CO2 capture project with ambition to make the quicklime producer climate neutral. First phase involved a feasibility study for a 10,000-tonnes carbon capture pilot plant at NorFraKalk's lime kiln in Verdal Industrial Park. Feasibility study was finalized by end of November 2024. Test program confirmed capture rates exceeding 90 percent and product gas purity of 95 percent.
• Yara NorgecoreStrategic or Co-development Partner · 1 January 2024Intensified collaboration in spring 2024 to develop CCUS solutions with goal of generating profitable value chains for CO2 based on Ocean GeoLoop's safe, non-toxic, and industrially robust technology. Experimental tests at Ocean GeoLoop's R&D Center in Trondheim on flue gases with CO2 concentrations relevant to Yara's Calcium Nitrate plant confirmed carbon capture rates of 98 percent and product gas purity of 98 percent. Currently co-developing plan to conduct feasibility study early 2025.
• SINTEF IndustrycoreTechnology or IntegrationOcean GeoLoop's Research and Development Center is located at SINTEF Industry's premises in Trondheim, Norway. SINTEF provides the physical infrastructure and collaborative research environment for Ocean GeoLoop's carbon capture technology testing and development activities.

Scale indicators1 record

Recent moves8 records

Expansion highlights5 records

Direct peers

• Aker Carbon Capture: Norwegian-listed pure-play CCS company delivering post-combustion carbon capture for industrial emitters (cement, waste-to-energy, gas power). Most direct comparable: same Norwegian origin, public listing, point-source industrial CCS focus, and similar customer profile.
• CarbonClean: UK-based industrial point-source carbon capture provider using a proprietary solvent process (CycloneCC). Direct comparable: serves cement, lime, fertilizer, and refining customers with modular capture units, similar EPCI + ongoing operations model.
• 1PointFive (Occidental): U.S.-based carbon capture and sequestration platform built around Carbon Engineering's DAC technology and Stratos direct air capture plant. Comparable as a heavily capitalized carbon capture developer pursuing industrial and atmospheric CO2 offtake contracts.
• Global Thermostat: U.S.-based post-combustion and direct air carbon capture technology developer. Comparable as a direct carbon capture technology peer targeting industrial point sources and atmospheric CO2 with proprietary contactor-based systems.

Emerging players

• Climeworks: Swiss direct air capture company with commercial-scale Orca and Mammoth plants and major offtake agreements. Comparable as a carbon removal technology developer in the broader CCS space, though focused on DAC rather than point-source capture.
• LanzaTech: Carbon capture and utilization company converting industrial off-gases (steel, refineries) into fuels and chemicals via gas fermentation. Comparable as an emerging carbon capture technology player targeting hard-to-abate industrial point sources.
• 44.01: Oman-based carbon mineralization company mineralizing CO2 into peridotite. Comparable as an emerging carbon removal player using a natural-process, chemistry-light approach to permanent sequestration, sharing the 'natural processes' positioning.
• Captura: U.S.-based developer of ocean-based and direct CO2 capture technology. Comparable as an emerging carbon capture venture pursuing point-source and atmospheric capture with novel chemistry-free approaches.
• Charm Industrial: U.S.-based carbon removal company converting biomass into bio-oil for underground CO2 sequestration. Comparable as an emerging, venture-backed carbon removal player pursuing durable sequestration off-take contracts from corporates.

Broad incumbents

• Heidelberg Materials: Global cement and building materials major operating the Brevik CCS project in Norway with Northern Lights storage. Comparable as a large incumbent both deploying CCS in cement/lime (overlapping with NorFraKalk segment) and supplying offtake opportunities to capture vendors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ocean-geoloop-as
• Facebookfacebook.com/oceangeoloop

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ocean GeoLoop