Technip (TNHPF.PK,TKPPY.PK) said it signed a non-exclusive agreement with Geogreen that will allow the two companies to offer client studies for integrated solutions for the entire carbon capture, transport and storage chain.
Technip said this partnership teams its know-how in CO2 capture, transport and gas compression for injection into underground structures, with Geogreen's expertise in CO2 transport and geological storage.
The capture and storage of CO2 is a solution for reducing greenhouse gas emissions from industrial installations in response to global warming.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.