Offshore Wind Patents: Majors and Services?

This data-file tracks wind patents, across 20 traditional energy companies, comprising cap goods conglomerates, Oil Majors and Offshore Oil Services. The aim is to assess which companies have differentiated IP to benefit from the scale-up of offshore wind.

Traditional offshore-focused energy companies (ie Majors and Oil Services) are not generally found to have differentiated wind IP, comprising <2% of the offshore wind patents since 2000. 2 Majors and 2 Service companies have, however, made interesting inroads.

Covered companies include: ABB, Aker, Alstom, Aramco, BP, Cameron, Chevron, Eni, Equinor, ExxonMobil, GE, OneSubsea, Saipem, Shell, Siemens, Subsea 7, Technip, TOTAL and Vestas.

De-Manning Deepwater?

We have estimated the cost savings for de-manning an offshore oil platform, based on recent technical disclosures from Technip-FMC, as “the oil price slump in the past few years combined with the latest advances in technology [and] led to the evolution of these minimal unmanned floating platforms”.

Our numbers are built up of fifteen line items, in order to quantify both capex and opex savings; both in USD terms and in $/boe.

Our notes are also included in the download, summarising the philosophy behind the cost-savings, the technical enablers and some of the changes recommended. To get the most out of de-manning, automation should be fully embraced, as more hesitate early forays have had “mixed” results.

Copyright: Thunder Said Energy, 2022.