Thanks, Glenn,
From the "Distinctive climate signals in reanalysis of global ocean heat content", Balmaseda Trenberth Källén 2013.
I found this that stirs me:
'More surprising is the extra cooling following 1998, a likely consequence of the ocean heat discharge associated with the massive 1997–98 El Niño event [Trenberth et al., 2002]. Meehl et al., [2011] have demonstrated in a model study how La Niña events and negative PDO events could cause a hiatus in warming of the top 300 m while sequestering heat at deeper layers. This mechanism can also explain the increasing role of the depths below 700m after 1999 in the ORAS4 OHC, consistent with La Niña-like conditions and a negative phase of the PDO which has dominated the last decade. The deep ocean warming, which mostly involves the depth range 700–2000 m, and may also be related to the weakening of the MOC after 1995, which is present in ORAS4 [BMW13]. Possibly changes in MOC and PDO are connected by changes in the atmospheric circulation patterns.'