• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Mocean and Aker Solutions aim for wave-powered oil and gas

Simon Osuji by Simon Osuji
August 24, 2023
in Energy
0
Mocean and Aker Solutions aim for wave-powered oil and gas
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Aker Solutions and Mocean have signed an agreement which could see UK oil and gas fields powered by wave energy within two years.

The pair are working on a solution to unlock small North Sea tiebacks via wave energy, replacing the need for high-cost umbilical cables.

That could mean economically extending the life of the UK’s large, ageing production hubs in the North Sea.

“If our pilot project proves feasible, this solution will benefit mature regions such as UKCS and NCS (the UK and Norwegian continental shelves),” said Morten Pederson, SVP of Systems and Products at Aker Solutions.

This will enable operators “to maximise economic extraction from declining brownfields and reduce the need for new oil and gas development, a vital step in the transition to net zero”.

He said the technology would have a lower lifetime cost than new cables, and have a benefit for the industry globally.

Pttep Scottish wave power © Supplied by Mocean Energy
Mocean Energy’s Blue X prototype at EMEC in Orkney.

Mocean is Edinburgh headquartered with a demonstrator project, Blue X, stationed off Orkney.

The two companies will take on feasibility, front end engineering and design (FEED) and concept studies for wave-powered tiebacks.

These will aim the most economically and environmentally efficient solutions for these reserves, especially in tandem with energy storage tech.

Mocean is already a participant in a collaborative industry initiative — Renewables for Subsea Power — which is currently proving the concept of powering subsea equipment with wave power and intelligent subsea energy storage.

The £2m initiative, which is currently operational in Orkney, has connected Mocean Energy’s Blue X wave energy converter with a Halo underwater battery developed by Aberdeen intelligent energy management specialists, Verlume.

Cameron McNatt, Managing Director of Mocean Energy said: “We are delighted to be working with Aker Solutions, a recognised industry leader in subsea technology and decarbonization.

“Our collaboration will provide customers with a complete solution to their power and communications needs that is reliable and low carbon.”

The partners will target the development of at least one concept study into a pilot project at sea, through various routes, including multi-customer joint industry projects.

Aker Solutions will supply the complete ocean-power system — including overall subsea system integration, system engineering support and subsea equipment plans.

Mocean Energy will supply the wave energy technology, wave-energy specific project engineering and energy analysis for remote power delivery.

Recommended for you

SLB Subsea7 Aker Solutions

Aker Solutions, SLB, Subsea7 JV clears all regulatory hurdles



Source link

Related posts

Despite rising output, Dangote Refinery yet to break into other African markets

Nigeria suspends fuel import as Dangote refinery meets local demands

March 11, 2026
Six things ongoing Middle East conflict reveal about oil and gas trade in Africa

Six things ongoing Middle East conflict reveal about oil and gas trade in Africa

March 11, 2026
Previous Post

New gene-editing technique offers path to precision therapies

Next Post

How to Bridge to Polygon?

Next Post
How to Bridge to Polygon?

How to Bridge to Polygon?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

How attractive do AI voices sound?

How attractive do AI voices sound?

5 months ago
Computing and shielding startups join forces to put AI-capable chips in space

Computing and shielding startups join forces to put AI-capable chips in space

2 years ago
Bitcoin ETF Approval to Bring Increased Institutional Investment

Bitcoin ETF Approval to Bring Increased Institutional Investment

2 years ago
Unveiling the Most Trusted Land Selling Company in Kenya 2024

Unveiling the Most Trusted Land Selling Company in Kenya 2024

1 year ago

POPULAR NEWS

  • Mahama attends Liberia’s 178th independence anniversary

    Mahama attends Liberia’s 178th independence anniversary

    0 shares
    Share 0 Tweet 0
  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.