Offshore Suspended Mariculture Platform (OSMP)
Technology Transition from End-Of-Life Offshore Oil & Gas Production to Sustainable Food Security.
Mission Statement
To expand WGG business activities and opportunities by developing OSMP to the point of having commercial value to a potential buyer leveraging in house expertise and experience whilst seizing the opportunity to cross over between the current Oil & Gas facilities decommissioning projects and global need for increased sustainable food security.
Pioneering The Blue Economy
An ESG-driven Malaysian Bumiputera company spearheading Blue Economy development by converting offshore oil & gas infrastructure into multi-level offshore facilities.
As the global offshore oil & gas industry embarks on the decommissioning process of their late-life production assets there has never been a better time to invest into a future-focused sustainable business.
At WGG Technologies Offshore Sdn. Bhd, we have created two working models for a “Hatch to Despatch” technology transfer, which would repurpose any suitable offshore asset into an Offshore Suspended Mariculture Platform (OSMP).
This innovative solution repurposes end-of-life offshore oil & gas platforms into thriving mariculture farms. This sets a new standard for environmental stewardship and sustainable seafood production, and opens up potential for participation in the rapidly growing global offshore mariculture industry.
By spearheading the conversion of these platforms into mariculture farms, WGGTO aims to create a harmonious balance between economic development and environmental conservation and become an instigator in the developing Worldwide Blue Economy.
Key Features Of The OSMP Initiative
Reduced Decommisioning Costs
Designed in accordance with Ship Classification Society rules and guidelines the WGGTO OSMP facilities are engineered for 20-year service and will serve to extend the life of existing Oil&Gas production infrastructure.
Reduction of Carbon Footprint
By utilizing existing structures, the concept significantly reduces the carbon footprint associated with building new aquaculture facilities from scratch.
Sustainable Seafood Production
The repurposed platforms are capable of farming various species of marine fish and added value shellfish, and seaweed, providing a controlled and sustainable environment for high-quality seafood production.
Research & Development
The project will serve as a hub for scientific research and technological advancements in mariculture, contributing to the global knowledge base on sustainable seafood production.