Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Wednesday, November 13, 2024

Ocean energy company Global OTEC unveiled the OTEC Power Module concept, a system that employs ocean thermal energy conversion (OTEC) technology to provide clean power for remote offshore platforms and wells.

Designed as an alternative to traditional long subsea tiebacks, the OTEC Power Module could provide clean baseload electricity and flow assurance services without the need for cables and hydraulics, which typically limit reach to 35 km.

Building on Global OTEC’s experience in developing OTEC for island states and the upcoming installation of a tropical storm-resistant hull in the Atlantic Ocean, the new module has been engineered to deliver scalable, baseload energy for offshore platforms that is carbon-free.

With the specific demands of deepwater operations in mind, the OTEC Power Module is projected to reduce the CAPEX associated with long subsea tiebacks by 20-30%, while also enhancing operational efficiency and reducing CO2 and methane emissions.

“This technology opens up new possibilities for offshore field development, especially in locations where conventional energy supply is costly or logistically challenging,” commented Yann Helle, Group Managing Director at 2H, Global OTEC’s partner in the platform's riser development.

The OTEC Power Module operates using an Organic Rankine Cycle, harnessing the ocean's natural temperature gradient by drawing on warm surface seawater and cold deep water. This allows the system to generate a continuous, clean baseload of electricity, running 24/7 throughout the year.

With each OTEC Power Module providing up to 500 kW of gross installed capacity, Global OTEC’s proprietary self-contained skid design allows for a modular approach to ocean energy.

 “Our technology adds value and efficiency to offshore oil and gas operations, providing a scalable, cost-effective energy solution that enhances field economics.

“This pathway is essential for unlocking larger scale OTEC projects that will be capable of replacing gas and diesel turbines upon FPSOs,” added Dan Grech, Founder and CEO of Global OTEC.

Categories: Technology Offshore Renewable Energy Industry News Activity Europe Oil and Gas Ocean Thermal Energy Conversion OTEC

Related Stories

Mermaid Maritime Expands Into US Offshore Market

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

ABL Gets Papua New Guinea FSO Job

Hormuz Crossings Decline as US Renews Iran Blockade

Oil Surges 3% on Renewed US-Iran Strikes

Oil Hits Four-Month Low After US-Iran Doha Talks

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com