Offshore Energy Magazine, OUTLOOK & STRATEGY
November 10, 2023, by Amir Garanovic
Makai Ocean Engineering has signed an agreement with Shell Technology – Marine Renewable Program to further develop and test potentially transformative proprietary technologies that advance the engineering and economic viability of an offshore ocean thermal energy conversion (OTEC) system.
Richard Argall, ocean energy division head at Makai, said: “Makai’s legacy with OTEC R&D spans nearly half a century. As we look ahead, our enthusiasm only grows. Partnering with Shell Technology – Marine Renewable Program provides an avenue to translate our research into actionable and commercially viable solutions. Makai’s and Shell’s shared vision is to harness marine energy sustainably, and together, we are poised to make that vision a reality.”
Shell Technology – Marine Renewable Program is pursuing the mission of finding, screening, testing, and developing marine renewable energy technologies to achieve more value with lower emissions and help build the critical energy infrastructure for the blue economy to grow and thrive.
Pak Leung, Marine Renewable Program manager for Shell Technology, added: “We congratulate the exceptional team at Makai for pursuing innovation in OTEC technologies and establishing themselves as a leader in the industry. As we continue to explore how to achieve more value with lower emissions through promising marine renewable energy systems, we are excited that Makai is one of our first major partners in the OTEC space.”