Agenda

SPE NL Monthly Meeting & Lecture February 2025

SPE NL Monthly Meeting & Lecture Monday 10 th February, 2025 ______________________________ ______________________________ _______________________ Please click here to register for this event. Venue: Carlton Ambassador Hotel, Sophialaan 2, The Hague Programme: Social Hour: 18:00 | Lecture: 19:00 | Dinner: 20:00 Entrance Fee: SPE Member € 40 | Non SPE Member: € 50 | SPE Student Member € 10 Kindly register before 12:00 (noon) on Friday 7 th February. After this, registration is limited due to dinner orders at the venue. ______________________________ ______________________________ _______________________ Waves of Innovation: Transforming the Offshore Landscape Karel Roozen, Next Ocean Daniel Buhagiar, FLASC BIO Karel Roozen graduated from Delft University of Technology in 2014. He completed the master’s study Maritime Technology where he specialised in Ship Hydromechanics. After his graduation he co-founded Next Ocean together with Peter Naaijen. Within Next Ocean Karel focuses on both product and business development. Together with the rest of the Next Ocean team it is his mission to make offshore operations safer and more efficient by bringing their cutting-edge prediction technology to the market. Daniel is the CEO and a co-founder of FLASC. He is a mechanical engineer and holds a PhD in offshore renewable energy, during which he developed FLASC’s patented storage technology. Prior to this he has also worked in industrial R&D, developing components for automotive batteries. At FLASC, Daniel leads the commercialization of the technology, and manages collaborations with key stakeholders across a range of applications. ABSTRACT First part: Next Ocean Waves are an important factor for the operability of offshore operations. Think about BOP landing operations in conventional drilling, or (floating) offshore wind turbine installation operations in the renewable energy sector. Operating limits for critical operations are often expressed in statistical properties of the waves: e.g. significant wave height (Hs). A crucial underlying assumption to this classical approach is that we do not know when an extreme wave, or resulting ship motion, will happen; we cannot anticipate its occurrence. This presentation shows how the wave and ship motion prediction technology of Next Ocean changes this entirely by predicting the future waves and ship motions, up to minutes in advance. The ability to do so allows for an operational risk reduction of 90% or an increased operational limit of 20%, potentially saving significant 'Waiting on Weather' and other operational costs that are often at the risk of the project developer. Second part: FLASC FLASC is the leading utility-scale solution suitable for projects requiring co-location of offshore energy production and energy storage. The objective is to bridge the gap between intermittent renewable energy production and a fluctuating consumer demand. This allows, for example, large offshore wind farms to improve the quality of the power that they provide to consumer grids, and also to supply reliable low-carbon power in remote offshore locations, such as oil & gas infrastructure. The solution combines the principles of pumped hydro with compressed air using a patented hydro-pneumatic technology to offer a safe, reliable and cost-effective energy storage solution. FLASC's technology is tailor-made for the offshore market, leveraging existing infrastructure and established supply-chains. Please CLICK HERE to register for this event.