Cyclopentane had been widely used as it is thermally stable in the temperature range between 220 and 350 ☌. Dry and isentropic fluids are more suitable to be the working fluid of ORC system on offshore application which could lead to better system performance and efficiency. Furthermore, an average reduction of 22% in the fuel consumption and CO 2 emissions could be achieved over the platform operating years. The electricity generated can increased up to 20.3%, 11.3% increase in the overall system efficiency and 18.3% in the utilization factor. The flexibility of ORC makes it easier to be used on offshore oil and gas platform with different configuration and contribute to many advantages. ORC was found to be able to adapt to low or medium grade which is between 150–400 ☌ heat source with different type of configurations. The studies conducted by previous researcher on the offshore application were reviewed and the benefits of ORC were emphasized and some information on the configuration of the ORC on offshore oil and gas platform were described. In this study, a brief explanation of the process that happened on the offshore platform which is the potential source of waste heat to be recovered will be given. The discussion investigates the capability of this technology as the WHR for offshore oil and gas platform application. An extensive overview of the ORC for offshore oil and gas platform has been performed in this paper. However, there is still no practical application of ORC on this sector currently. This stock exchange release was published by Daniel Ingebricson, Communications, Aker Solutions, on Decemat 14:06 CEST.Researchers have analyzed Organic Rankine Cycle (ORC) recently on its potential for waste heat recovery (WHR) on offshore oil and gas platform. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This press release may include forward-looking information or statements and is subject to our disclaimer, see Visit and connect with us on Facebook, Instagram, LinkedIn, Twitter and YouTube. Aker Solutions employs approximately 15,000 people in more than 20 countries. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. The award of the LOI follows completion of front-end engineering and design (FEED) work performed by Aker Solutions.ġAker Solutions defines a substantial contract as between NOK 2.5 billion and NOK 4.0 billion.Īker Solutions delivers integrated solutions, products and services to the global energy industry. The company expects to book a substantial 1 order intake related to this contract in the first quarter of 2023 in the Electrification, Maintenance and Modifications (EMM) segment, subject to regulatory approvals. Aker Solutions expects the LOI to be converted to a full Engineering, Procurement, Construction and Installation (EPCI) contract during the first quarter of 2023.
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