Subsea projects to use newly developed wave-powered renewable energy program


Mocean Energy, a marine firm, has formed a coalition with EG-OG (an energy storage developer, Baker Hughes, and OGTC to provide subsidies on the system’s illustration. The main aim of forming the joint is to lower the carbon footprint costs, which provide power to subsea equipment.

Managing director of Mocean Energy, Cameron McNatt, said that the step taken towards decarbonization is very crucial. He added that the technology uses renewable energy from waves to convey low carbon power to all subsea machines.

Business Development Director at EC-OG, Paul Slorach, stated that Halo smart subsea battery technology was made to help manage the intermittency of producing renewable energy and incorporate renewable energy systems into high-value subsea assets.

The venture’s main aim is to help illustrate the ability to produce temporary and half modular series placement for hybrid autonomous vehicles (HAUV, a recharged subsea and operated from the coast by use of ‘over-the-horizon technology. The use of innovative and flexible strategies would help reduce the number of staff needed to work onshore. As a result, there would reduce saving costs with no compromised quality.

The majority of subsea production systems appear to move to the all-electric phase soon, resulting in increased operational performance while reducing the carbon footprint of the answer.  Project partners researched in 2020 clearly shows that the prototype will come with many benefits to the environment. The concept would be used for future illustrations of the program.

There is a notable surge amongst gas and oil companies who aim at embracing low-carbon emission solutions costs. In 2020, Mocean, an Aberdeen and Edinburg-based company, received 850,000 euros from private investors to help push on with its growth plans. Many companies are glad to be part of the project because it will help stimulate the system’s ability to produce and communicate with other production systems.

Using renewable energy to reduce emissions in the gas and oil industry sounds like a common idea. However, it is hard to put the idea into action because of many factors like strictly following all the rules and regulations, requirements from the client, management of power and control at once could be a problem. Many are glad to see the project’s outcomes, especially the ground-load power solution that has a potential role in the electrification of O&G production. There is also a chance of launching their high voltage competitors.