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Multiconsult ASA Secures Key Role in Oslo’s Carbon Capture Project

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Multiconsult ASA Secures Key Role in Oslo’s Carbon Capture Project

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Multiconsult ASA ( (DE:3MC) ) has shared an update.

Multiconsult ASA has been awarded a significant contract by Aker Solutions to contribute civil engineering expertise for the carbon capture and storage (CCS) project at Hafslund Celsio’s waste-to-energy plant in Oslo. This project is pivotal as it aims to reduce Oslo’s CO2 emissions by capturing 350,000 metric tonnes of CO2 annually, a key component of Norway’s Longship project. Multiconsult will provide detailed design and management of civil works, with an estimated contract value of NOK 100 million, commencing in early 2025 and concluding by 2029.

More about Multiconsult ASA

Multiconsult ASA is a prominent engineering consultancy firm based in Oslo, Norway. The company specializes in providing civil engineering expertise and services, with a focus on supporting complex infrastructure projects, including environmental and carbon reduction initiatives.

YTD Price Performance: -1.21%

Average Trading Volume: 162

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €461.1M

For an in-depth examination of 3MC stock, go to TipRanks’ Stock Analysis page.

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