Corvus Energy announced the closing of a strategic investment from Statoil Technology Invest to foster development of advanced lithium ion battery technology for the Offshore Oil & Gas industry.
Company says that vessels and equipment hybridized or fully electrified with the Corvus ESS, consume less fuel, operate more efficiently and effectively, and emit substantially less greenhouse gases.
“We are building on our success in the offshore supply and service market where we have successfully demonstrated our technology is perfectly suited to the sector’s stringent performance, safety and operational requirements. Offshore supply vessels like the Viking Lady OSV and Edda Ferd PSV that employ the Corvus ESS are field-tested and proven to meet and exceed performance and safety expectations. These vessels run at peak efficiency for longer periods of time, saving fuel and maintenance costs and dramatically reducing emissions, “says Andrew Morden, President & CEO of Corvus Energy.
”And now, with the release of new Class Rules pertaining to both Batteries and Dynamic Positioning (DP), Corvus’s ESS system will further enable the reduction in both the size and number of generator sets in vessels with DP operations. Vessels can operate more efficiently and consume far less fuel which is ultimately far better for our environment”, Morden added.
Source & Image Credit: Corvus Energy
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