Commercial partners are being sought for new technology that its inventors say could be used by offshore oil and gas operators to power their subsea equipment using power from ocean waves.
Mocean Energy has just set up a base in Aberdeen to bring its Seabase system to the market.
The Edinburgh start-up has already secured £100,000 from Scottish Enterprise for technical development of Seabase and an additional £100,000 from the Oil & Gas Technology Centre to further its commercial development.
“Seabase is a wave energy machine small enough to fit into a shipping container yet robust enough to generate power in the harsh environment of the North Sea,” explains Mocean Energy managing director Cameron McNatt.
“Initially we see it being used to provide backup power to subsea equipment where, for example, an umbilical fails.
“Longer term, Seabase will provide green power to future generations of field-resident ROVs and Autonomous Underwater Vehicles (AUVs), reducing vessel costs and emissions.”
A prototype of Seabase has already undergone detailed tank testing at the world-leading facilities in Nantes, France.
“Moving our operation to Aberdeen is a natural next step for us,” says McNatt.
“The oil and gas market has a clear ambition to decarbonise, and Aberdeen is a global hub for offshore engineering expertise.
“We are now in early discussion with partners who can help bring Seabase to market.”
Their move is being supported by the Oil & Gas Technology Centre’s TechX programme which is providing office space within their incubation centre as part of TechX Plus.
Mocean Energy is one of a select group of firms that have benefited from the 16-week TechX accelerator programme, designed to help innovative start-ups on the road to commercial success.
Commenting on the success of Mocean Energy, David Millar, Technology Accelerator Director at TechX said:
“This is what the TechX programme is all about – Mocean Energy have just completed our 16-week accelerator programme and it’s fantastic to see their progress in such a short period of time.
"Our industry is going though change, we’re re-imagining the energy sector and creating a more sustainable future for the UK and it’s technology.
“We’re excited to see where Mocean will accelerate their business to next and delighted to hear that the North East of Scotland will be their base for making this happen.”