DeepStar, led by eleven operators including Chevron, ExxonMobil, and BP, is one of the industry’s foremost collaborative R&D initiatives, advancing cost-effective technologies for deepwater production systems worldwide. The program brings together leading energy companies, technology developers, and research institutions to tackle the sector’s most pressing challenges.
This project marks the first time Ocean Thermal Energy Conversion (OTEC) technology has been included in DeepStar’s research portfolio, highlighting its potential role in decarbonizing offshore operations. The study will assess the feasibility of using OTEC as a reliable alternative to traditional offshore power sources. It will examine how modular systems could support future offshore operations and outline the pathway toward wider deployment, such as replacing gas and diesel turbines on FPSOs and CO2 floating injection units.
Dan Grech, Founder and CEO of Global OTEC, said: “Being chosen for a DeepStar project is a huge milestone for us. It validates OTEC’s potential as a pragmatic solution for offshore decarbonization and gives us a platform to work directly with some of the largest operators in the world. We are excited to demonstrate how the ocean itself can power the future of deepwater energy.”
The project builds on Global OTEC’s progress with its OTEC Power Module®, a self-contained skid designed for modular deployment in offshore environments that was announced at the Petrobras Geothermal Workshop last year.
By leveraging the ocean’s natural thermal gradient, OTEC provides continuous baseload power, uniquely suited for the demands of offshore oil and gas production.
