The Floating Power Plant (FPP) recently completed a project where it used renewable energy in order to support an offshore oil and gas facility.
‘We have shown that using renewable energy in the oil and gas industry is a good idea. All three designs proved to be viable and promising from both a technical and a business point of view, and they can be used in different commercial situations. We are also excited to see all three concepts progress towards commercialisation and taken up in technology readiness level, also addressing the challenges identified in the project’ said Anders Køhler, Chief Executive Officer of FPP.
Talking about the intention behind this project, Kohler said ‘When we started this project, the market was emerging, but since then we have seen a significant increase in interest. This is driven largely by the industry’s net zero production ambitions combined with the ability of developing renewable energy technologies to provide cost efficient, clean power with an operational risk profile similar to the current solutions.’