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Watch the full interview with Cameron McNatt

Mocean Energy founder and managing director. dustry is very keen to sequester CO2 into the ground. There are projects that are being developed where you’re going to put very similar technology offshore to put CO2 into the ground. You have [the push for residency for ] autonomous subsea vehicles, [a subsea docking station that needs power].

There’s emerging things like subsea data centers, direct water

CO2 capture from the oceans, rather than pulling it out of the air, people are talking about pulling it out of the ocean, and that kind of technology needs power.

Let’s look at the Blue Star technology today.

Can you discuss where it’s at in its develop- ment cycle and what’s your timeline for its commercialization?

2024 is all about commercializing Blue Star. We have had our prototype out at sea for 14 months, cumulatively it’ll be tested through next spring. And we feel that that gives us enough confdence in the performance of the technology that we can roll it out as a product. Certainly things have not gone perfectly, but if they went perfectly, we wouldn’t learn anything. We’re taking all of those learnings and we’re applying them along with the kind of commercial design low orbit satellite network, Starlink and others. Within into the product. So that product is being designed and that we can offer a cost savings CO2 savings and it’s really we’re doing studies for customers right now, front-end en- low hanging fruit in this decarbonization challenge. It’s gineering, design studies, feasibility studies, things like that towards getting the frst Blue Star orders in 2024 and 2025.

much faster and less expensive to install these kinds of sys- tems than, say, powering an entire offshore platform with a wind farm. And there is a substantial CO2 savings. So When you look at 2024, what are the key with one of our small machines, we estimate that we can milestones you hope to achieve?

It’s completing that trial next spring and demonstrating save as much CO2 as a machine that generates 10 times as this as success of the technology. It’s getting that substantial much power in a traditional renewables market. commercial traction from a customer, really towards getting

You talked about decarbonizing oil and gas, a system offshore. And then we’re also working on scaling but where else do you see potential for this up, so we’re working on the larger scale technology, the Blue

Horizon. So we have a project to get that in the water in a

Blue Star technology?

couple of years.

Besides pulling hydrocarbons out of the ground, the in- january/february 2024 OFFSHORE ENGINEER 45