Oil & Gas

Continuous Clean Power for Offshore Drilling Platforms

The Challenge

There are more than 12,000 offshore oil and gas platforms operating globally, spanning key regions like the North Sea, Gulf of Mexico, and Asia-Pacific. Collectively, these platforms consume approximately 16 terawatt-hours (TWh) of electricity annually — equivalent to the domestic power consumption of a country such as Croatia.

Electricity is typically generated onsite through gas turbines and diesel generators, both dependent on fossil fuels. A single offshore platform may demand anywhere from 10 MW to several hundred MW, depending on operating conditions.

This dependency contributes significantly to CO₂ emissions, exacerbating climate change and placing immense pressure on the industry to decarbonize.

Why Existing Alternatives Fall Short

While renewable energy sources like offshore wind are under exploration, adoption remains slow due to key limitations:

• Intermittent energy availability — requiring expansive real estate
• Continued reliance on fossil fuels as primary power supply
• High capital & operating costs for integration and retrofitting
• Platform size and spatial constraints hinder large-scale deployment

Electrification remains an expensive and technically complex transition across offshore infrastructure.

What if ...

What if offshore energy platforms could dramatically reduce CO₂ emissions through:

• Breakthrough clean technologies
• Lower deployment costs
• Seamless integration with regulatory goals and operational realities

🌊 Now, you can, with the Propel And Power Ltd Advantage

Pioneering a new offshore energy paradigm through decentralized marine-integrated systems:

• 🌐 Continuous clean power harvested from predictable tidal flows
• 🔄 Hybridized architecture enhances operational reliability and uptime
• 🧪 Advanced O&M intelligence to streamline maintenance and accelerate recovery from equipment failure

Continuous Clean Propulsion and Power for Tankers and Bulkers

The Challenge

Global shipping remains one of the largest contributors to maritime emissions. With approximately 12,309 oil tankers and 13,182 bulk carriers in operation, the cumulative environmental impact is staggering:

• Container ships, tankers, and bulkers account for 858 million tonnes of emissions — nearly 78.6% of emissions from large vessels.
• Average bulk carriers emit over 28,500 tonnes of CO₂ annually, followed by oil tankers at over 20,600 tonnes.
• Scope 3 emissions — indirect emissions from supply chains — remain significant yet largely unquantified.

Without meaningful intervention, shipping emissions are projected to increase by 50–250% by 2050, according to leading industry forecasts.

Why Existing Alternatives Fall Short

Efforts to decarbonize tanker and bulk carrier fleets face systemic challenges:

• Persistent dependence on fossil fuels
• High costs and uncertain viability of alternative fuels and propulsion technologies
• Long vessel lifespans delay fleet modernization
• Fragmented industry structure limits uniform policy implementation across stakeholders

The complexity of stakeholder alignment — including shipowners, operators, fuel suppliers, charterers, and regulators — compounds the difficulty of coordinated emissions reduction.

What if ...

What if cutting-edge technologies could make large-scale emissions reduction viable — both technically and economically — for tankers and bulkers?

🌊 Now, you can, with the Propel And Power Ltd Advantage

A bold new solution, purpose-built for maritime decarbonization at scale:

• 🌐 Continuous clean energy harvested from predictable tidal currents — eliminating emissions tied to onboard electricity generation
• 🔋 Hybridized propulsion systems enhance reliability and reduce downtime across long voyages
• 🚀 Advanced waterjet manoeuvrability to minimize emissions traditionally linked to diesel thrust systems