Financial calendar
Financial Year 2023
14.03.2024 - Annual Report
18.04.2024 - Annual General Meeting
Financial Year 2024
30.05.2024 - Business Update Q1
05.09.2024 - Half Year Report
07.11.2024 - Business Update Q3
Reports and Presentations
Financial reports
Annual Report 2023
Half Year Report 2023
Annual Report 2022
Half Year Report 2022
Sustainability reporting
Transperancy Act Statement 2022
Presentations
Ocean GeoLoop – SpareBank 1 Markets Energy Conference 2024
Ocean GeoLoop AS – Fearnleys Annual Renewables & Clean-Tech Conference 2023
Ocean GeoLoop AS – Company Presentation May 2023
Ocean GeoLoop AS – Company Presentation May 2022
Ocean GeoLoop AS – Company Presentation March 2022
Ocean GeoLoop AS – Publication of information document
General Meetings notices and minutes
Ocean GeoLoop – General Meeting April 2024
Ocean GeoLoop – Notice Annual General Meeting 2024
Ocean GeoLoop – General Meeting April 2023
Ocean GeoLoop – Notice of Annual General Meeting April 2023
Ocean GeoLoop – Extraordinary General Meeting August 2022
Ocean GeoLoop – Notice of Extraordinary General Meeting August 2022
Ocean GeoLoop – Annual General Meeting April 2022
Investor news
Ocean GeoLoop: Annual report and 2023 financial results
Ocean GeoLoop AS today announces 2023 revenues of NOK 172.9 million, up from NOK 128.1 in 2022. The company entered the commercial stage during the year, and has in 2024 announced an Enova funded carbon capture project with NorFraKalk to make the company climate neutral.
Ocean GeoLoop announces Enova funded carbon capture project with NorFraKalk
NorFraKalk and Ocean GeoLoop today announces the initiation of a potential large-scale CO2 capture project with the ambition to make NorFraKalk climate neutral. The lime and cement industry accounts for approximately a tenth of the world’s CO2 emissions and is one of the industries where CO2 capture is necessary to achieve the climate goals. The Enova supported carbon capture project aims to showcase the solution.
Ocean GeoLoop: Quarterly business update 26 October 2023
Ocean GeoLoop AS today announces revenues in the third quarter of 2023 of NOK 118.4 million (Q3 2022:79.2). The company announced the successful 3,000-hours milestone for the point-source carbon capture pilot at Norske Skog Skogn, Norway, during the quarter. The company has thus entered the commercial stage, while in parallel initiating the company’s next generation carbon capture solution.
Ocean GeoLoop. Financial results for the first half of 2023
(Verdal, 7 September 2023) Ocean GeoLoop AS (Ocean GeoLoop, OSE:OCEAN), the green tech company developing multifunctional environmental technologies based on nature’s own processes, today announces revenues in the first half of 2023 of NOK 83.2 million (1H 2022:45.7). The company subsequently announced the successful 3000-hours milestone for the point-source carbon capture pilot at Norske Skog Skogn, Norway, and is now ready to pursue commercial agreements.
Ocean GeoLoop: Announces successful 3000-hour carbon capture milestone
Ocean GeoLoop AS today announces the successful 3000-hours milestone for the point-source carbon capture pilot at Norske Skog Skogn, Norway, and is now ready to pursue commercial agreements.
Update on carbon capture development program
Our Carbon Capture technology is making solid progress towards commercial market launch.
We have run our industrial pilot plant at Norske Skog Skogn for 2000 hours and installed a scaled carbon Capture process installation in SINTEF’s premises in Trondheim. The long-term testing has provided further proof that the technology is most robust, also at industrial scale and conditions.
We gain new experience every day on how to optimize the technology, both at Skogn and Tiller. We have also developed a digital process model that allows for rapid extrapolation for various customers and customer segments.
“The development program yields solid results, and supports our expectations for industrial attractivity, scalability, process robustness and efficiency of the carbon capture technology. We look forward to intensify commercial activities with our industrial partners after summer,“ says Ocean GeoLoop CEO Odd-Geir Lademo.
Ocean GeoLoop AS: Quarterly business update 25 May 2023
Ocean GeoLoop AS today announces revenues in the first quarter of 2023 of NOK 46.0 million (8.5) and the continued comprehensive carbon capture development program to offer commercial solutions to customers across segments.
Ocean GeoLoop: Annual report and 2022 financial results
Ocean GeoLoop AS today announces revenues in 2022 of NOK 128.1 million (0.3) and the continued comprehensive test program of the autonomous carbon capture pilot plant at Norske Skog Skogn, Norway. The company has entered into several commercially oriented collaborative activities during 2022, with amongst others Chevron, Yara, Norske Skog and Franzefoss Minerals.
Analyst coverage
Equity research
Investor Relations Information
Ocean GeoLoop is listed on Euronext Growth Oslo as of March 8th 2022. Hans Gude Gudesen is the largest shareholder, controlling about 60% of the shares.
Maria Hosen
- Chief Financial Officer
- + 47 47 48 12 83
- [email protected]
Maria Terese Hosen – Chief Financial Officer
Maria Hosen has 18 years experience in auditing, accounting and operational management from PricewaterhouseCoopers AS, Selvaag Bolig ASA, Western Bulk Chartering AS and Mestergruppen AS. Maria Hosen holds both an M.Sc in Economics, an M.Sc in Accounting from the Norwegian School of Economics and Business Administration and the title Certified Public Accountant.
Ove Lande
- Chief Commercial Officer
- +47 92 46 36 59
- [email protected]
Ove Lande – Chief Commercial Officer
Ove Lande has 15 years’ experience in investment management and capital markets from Skeie Alpha Invest and Terra Securities. As such, Ove Lande has acquired an overview and understanding of multiple industry sectors. Moreover, Lande has experience as a former Senior Consultant at BearingPoint. He holds an M.Sc. in Financial from The Norwegian School of Economics and Business Administration.