MODEC has signed a joint development agreement with Norway-based fuel cell system company Eld Energy to develop an integrated 120 kW solid oxide fuel cell (SOFC) and CO₂ capture system (patent pending) for FPSOs (Floating Production, Storage and Offloading systems). The agreement covers prototype design and manufacturing for a low-carbon offshore power solution, with onshore operational testing planned by 2027 and offshore demonstration targeted to commence from 2028 onward.

The two companies have been progressing with joint design and manufacturing of a pilot-scale 40 kW SOFC offshore power system since 2025, using associated natural gas produced during FPSO operations. The work builds on SOFC characteristics cited by the companies, including higher efficiency and lower emissions compared with conventional offshore power sources such as gas turbine generators (GTGs).

Under the new agreement, the SOFC output is scaled from 40 kW to 120 kW as a step toward phased deployment on FPSOs. The 120 kW SOFC will integrate a CO₂ capture and fuel recovery unit optimized for SOFC exhaust. The development program targets a scalable multi-MW power system intended to meet full FPSO power demand with zero carbon intensity, while enhancing environmental performance and operational value.

The initiative aligns with MODEC’s stated aim to support a stable energy supply and reduce CO₂ emissions on FPSOs as energy demand rises and sustainability requirements tighten.