Wave power for oil and gas ops demo starts in the Adriatic

Illustration/PB3 PowerBuoy device deployed off Japan (Photo: OPT)

Ocean Power Technologies’ (OPT) PowerBuoy has been deployed in the Adriatic Sea by oil and gas company Eni in a project aiming to demonstrate suitability of wave energy technologies in oil and gas operations.

The OPT PowerBuoy will be used in the Adriatic Sea to advance Eni’s research and development of proprietary integrated subsea technology systems to allow future applications for remotely controlled field developments powered by wave energy, environmental monitoring and offshore asset inspection using autonomous underwater vehicles (AUVs).

The demonstration, part of Eni’s MaREnergy project, will see OPT’s device used for subsea battery charging, which eventually may lead to adoption of the device as a standalone charging station and communications platform that would enable the long-term remote operation of AUVs.

George H. Kirby, President and Chief Executive Officer of OPT, said: “Our team has worked closely with Eni to ensure the successful deployment of the PB3 PowerBuoy in the Adriatic Sea. Since our agreement was signed in March, OPT and Eni have achieved several key milestones. We believe this deployment represents another key step in the company’s history and will create new opportunities for our company going forward.”

The agreement between OPT and Eni provides for a minimum 24-month contract that includes an 18-month PB3 PowerBuoy lease and associated project management.

OPT will also provide deployment support, remote data collection and monitoring, the company informed.

At the conclusion of the initial 18-month lease, and upon meeting technical metrics, Eni will have the option to either extend the lease for an additional 18 months or purchase the PB3 PowerBuoy.

Share this article

Follow Marine Energy

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Offshore Energy Exhibition and Conference (OEEC) 2019

Offshore Energy Exhibition and Conference (OEEC) is where the energy transition takes place. It is Europe’s leading gathering of the entire offshore energy industry and your opportunity to network with highly qualified experts and professionals across global markets.

For more than 12 years OEEC is unique in bringing together the offshore energy industry sectors oil & gas, offshore wind and marine energy. More than 550 exhibitors from around the world present their newest services, projects and innovative products. On top of this OEEC presents international trade missions, pavilions, exclusive network lounges of the OEEC member club, the Startup Zone, matchmaking areas, the Stage and networking drinks. Approximately 12,000 professionals will visit the exhibition, take part in strategic discussions, immersive technical conference sessions focusing on the future and technical developments in the industry. Three days of networking and together shaping the future of energy.

So the question is not if but how you will be participating at Offshore Energy 2019.

More info

read more >

The International Tidal Energy Summit 2019

The 2019 International Tidal Energy Summit will bring together 120 dedicated tidal energy leaders.

read more >