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Highlights of the Week

MarineEnergy.biz has compiled the top news from marine energy industry from March 11 – March 17, 2019. Carnegie’s ...

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OPT Bags O&G Deal

Ocean Power Technologies (OPT) said it has signed a master service contract with an undisclosed offshore oil and ...

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Highlights of the Week

MarineEnergy.biz has compiled the top news from marine energy industry from February 11 – February 17, 2019. ...

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Wave Energy Developer Wins US Navy Deal

US-based ocean energy solutions provider and developer of PowerBuoy wave device, OPT, has been awarded a contract ...

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OPT, Saab Seaeye in Development and Marketing Deal

Ocean Power Technologies and Saab Seaeye have signed a non-exclusive agreement to pursue mutual opportunities ...

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NJEDA Approves OPT's Non-Dilutive Funding Application

Ocean Power Technologies has recently received $0.9 million of non-dilutive funding through the New Jersey Economic ...

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Wave power for oil and gas ops demo starts in the Adriatic

Ocean Power Technologies’ (OPT) PowerBuoy has been deployed in the Adriatic Sea by oil and gas company Eni in a ...

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OPT widens losses as PowerBuoy gears up for customers

US-based ocean energy solutions provider Ocean Power Technologies (OPT) has recorded 50% increase in net loss for ...

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OPT expands industry reach with new products

Ocean energy solutions provider Ocean Power Technologies has expanded its suite of products to include subsea ...

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American ocean energy company catches red wave

New Jersey-based wave power company Ocean Power Technologies (OPT) has started the fiscal first quarter of 2019 ...

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OPT adds new board director

US-based wave energy company Ocean Power Technologies (OPT) has elected Kristine Moore as the newest member of its ...

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American wave-powered buoy reaches the Adriatic

US-based Ocean Power Technologies (OPT) has shipped its PB3 PowerBuoy to Italy for the upcoming deployment for oil ...

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OPT forms $10M common stock purchase partnership

American wave energy company Ocean Power Technologies (OPT) has entered into $10 million common stock purchase ...

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Red colors OPT’s year-end financials

Wave energy developer based in the USA - Ocean Power Technologies (OPT) – has reported 7% higher net loss for the ...

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OPT and Premier Oil ink deal for lead-in PowerBuoy o&g lease

Ocean Power Technologies (OPT) has signed a contract with Premier Oil to supply its wave-harnessing PowerBuoy for ...

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OPT calls attention to anchorless PowerBuoy

Ocean Power Technologies (OPT) will be discussing its anchorless PowerBuoy solution at the Navy Forum next week in ...

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Wave energy device to power Eni’s oil & gas ops

Ocean Power Technologies (OPT) has signed an agreement with one of the world’s largest multinational oil and gas ...

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OPT closer to lawsuit settlement with Australian gov entity

Ocean Power Technologies (OPT) has informed of a progress made in resolving a consolidated derivative lawsuit ...

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OPT cuts third-quarter loss. Reports no revenue

US-based wave energy developer Ocean Power Technologies (OPT) has reported a decrease in net loss of 19% in the ...

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OPT, Premier Oil to probe wave technology for decom ops

Ocean Power Technologies (OPT) has signed an agreement with oil and gas company Premier Oil to study the ...

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OPT appoints Vice President of Engineering

US-based wave energy developer Ocean Power Technologies (OPT) has named Christopher Phebus as its new Vice ...

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