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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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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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 finds battery supplier for subsea storage solutions

US-based ocean energy developer Ocean Power Technologies (OPT) has signed a letter of intent to enter into ...

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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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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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Enel primes OPT’s PowerBuoy for Chilean waves

Ocean Power Technologies (OPT) has signed an agreement with Enel Green Power to evaluate the deployment methods of ...

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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 grabs US wave energy patent

Ocean Power Technologies (OPT) has received a new US patent for a method of controlling wave power generation ...

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Grid simulator buoy for WaveSub device all set

Marine Power Systems (MPS) has completed the assembly and commissioning of its PowerBuoy - a grid simulator ...

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WaveSub links with grid-simulation buoy

Marine Power Systems (MPS) has completed pre-deployment testing of WaveSub’s PowerBuoy ahead of deployment at FaBTest.

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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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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 secures over $7M wave cash

Ocean Power Technologies (OPT) has closed public common stock share sale raising a multi-million funding prize.

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American wave targets $8M stock prize

Ocean Power Technologies (OPT) has launched a public common stock share sale to gather funds for further wave ...

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Video: OPT shows off its PowerBuoy wave tech

Ocean Power Technologies (OPT) has released a video explaining the working principles behind its PowerBuoy wave ...

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OPT’s PowerBuoy takes on Japanese waves

Ocean Power Technologies (OPT) informed that a PB3 PowerBuoy was deployed off the coast of Kozu-shima Island in ...

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