By Dr Andrea Caio, Business Development Manager On 27th March 2024, the UK’s North Sea Transition Authority (NSTA) published its OGA Plan[1] to reduce UKCS greenhouse gas emissions. This builds on the 2021 North Sea Transition Deal[2], which committed the O&G industry to halve GHG emissions by 2030[3] (compared to a 2018 baseline) and invest £2-3billion on electrification, with a … Read More
Cameron McNatt joins Net Zero Technology Centre Industry Panel
Mocean Energy Managing Director Cameron McNatt has joined the Industry Panel of the Net Zero Technology Centre – tasked with informing the Centre’s board on the trends and opportunities a low carbon future will bring.
Mocean Energy Blue X wave machine completes sea trials
Mocean Energy’s Blue X wave energy machine has returned to dock after a successful five-month test period at sea.In the last few days the 20-metre long, 38-tonne wave machine has been towed from EMEC’s Scapa Flow test site to Kirkwall and has been lifted onto Hatston Pier, where it will be cleaned, inspected, and maintained until next year’s testing programme commences.
Mocean Energy expands with new Aberdeen base
Mocean Energy has opened a new dedicated office in Aberdeen to meet growing oil and gas interest in decarbonisation of North Sea assets
Mocean Energy raises £850k to bring power to subsea oil and gas
Mocean Energy has secured major new investment to accelerate the commercialisation of their ground-breaking wave energy technology.
The Edinburgh start-up has raised £612,000 equity seed funding plus £250,000 from Innovate UK to advance the design of their Blue Star wave machine and drive its adoption in subsea oil and gas.
Founder’s Blog – The Potential of Wave Energy
Company co-founder and managing director Cameron McNatt discusses current activity and the future of the wave energy sector. The energy in ocean waves is 50% due to kinetic energy (the fluid particles move in ellipses) and 50% due to potential energy (the water surface goes up and down). The wave energy industry is also split between kinetic (i.e. what is … Read More
Mocean teams up with subsea sector
Mocean Energy has teamed up with energy major Chrysaor, subsea energy storage experts EC-OG and AUV specialist Modus in a project to look at using renewables for subsea power.
Founder’s Blog – The Wave Energy Scotland Experience
29 November 2019 With the Wave Energy Scotland Annual Conference coming up, the fourth that WES has held and the fourth that Mocean will attend, company co-founder and managing director Cameron McNatt reflects on Mocean’s expereince in the WES programme. Have you ever been waiting to find out something really important, something that would change your life, and with the assumption that … Read More
Mocean sets up in Aberdeen to bring green power offshore
23rd September 2019 Oil and gas operators of the future will be able to use ocean waves to power subsea equipment. That’s the vision of wave energy firm Mocean Energy which has just set up a base in Aberdeen to commercialise their Seabase technology. The Edinburgh start-up – which has already secured £100,000 from Scottish Enterprise for the technical development … Read More
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