OPT’s PB3 converts ocean waves into an electric power source, in depths from 20 up to 1,000 meters, continuously charging an onboard generator and battery pack. It also includes considerations ensuring power delivery during calm waters. In addition to power generation the PB3 provides real time data transfer and communication to shore-based facilities.
OPT will assist with deployment of the product, data collection and general monitoring. After an initial 18-month lease, Eni will have the option to extend for an additional 18 months or purchase the PB3. The project is expected to begin sometime this month.
“This commercial agreement with Eni is our first in the oil and gas market and is a significant milestone for our company,” OPT President and CEO George Kirby said in a release.
Eni will use the PB3 PowerBuoy in advancement of their Clean Sea technology, an underwater robot similar to a drone used for environmental monitoring and offshore asset inspection.