The completion of a final 3,000-hour test phase of the Swiss-Swedish technology multinational ABB’s subsea power infrastructure signals the culmination of a $100m partnership with world oil majors.The company has officially announced the completion…
In some cases, resident underwater vehicles may not have access to power, so alternative power sources may be needed.New Jersey, US, based Ocean Power Technologies (OPT) has been a leading company in this area, working with Italian oil company Eni…
US-based ocean energy solutions company Ocean Power Technologies (OPT) said it has deployed a PB3 PowerBuoy to serve as an autonomous intelligent platform to provide communications and remote monitoring services for its customer Premier Oil…
A subsea space race is now officially underway in the offshore oil and gas industry following successful trials of docking and inspection operations using a commercially available underwater vehicle and Norwegian energy firm Equinor’s open-standard subsea docking station (SDS)…
A project that achieved a world first in subsea vehicle deepwater residency capability, proving the potential for marine autonomous systems to take a greater role in underwater inspection, repair and maintenance methodologies, is the winner of the annual UTC Subsea Award…
US-owned renewable energy company Ocean Power Technologies (OPT) announced that the Company's PB3 PowerBuoy deployed in the Adriatic Sea has produced more than one MegaWatt-hour (MWh) cumulative energy to date. The cost-effective ocean energy…
US based ocean energy solutions company Ocean Power Technologies (OPT) and UK based subsea services and solutions company Acteon Field Life Service, an Acteon Group subsidiary, have entered into a nonexclusive memorandum of understanding (MOU) to develop…
US based ocean energy solutions company Ocean Power Technologies (OPT) said it has signed a contract with an unnamed oil and gas exploration and production company to complete a 12-week paid feasibility study that will examine the use of OPT’s…
Offshore oil and gas operators are grappling with how to make their operations and even companies greener, Offshore Mediterranean Conference (OMC) in Ravenna, Italy, has been hearing.From using renewable energies to power remote fields and even subsea robots…
Ocean energy solutions developer Ocean Power Technologies (OPT) said it has signed a master service contract governing work with an unnamed offshore oil and gas operator within the U.S. and the U.S. outer continental shelf, including the provision of goods and services…
Ocean energy solutions provider Ocean Power Technologies, Inc. electric underwater robotic systems manufacturer Saab Seaeye Ltd, have entered a nonexclusive agreement to jointly develop and market solutions for autonomous underwater vehicle…
New Jersey based marine engineering firm Martin & Ottaway together with industry partners, has formed a new company, SurfWEC LLC, that will develop Wave Energy Converters (WECs) using patented features that are expected to increase energy recovery…
Ocean Power Technologies' PowerBuoy has been deployed in the Adriatic Sea to advance Eni’s R&D MaREnergy project that aims to develop, deploy and demonstrate wave energy renewable technologies in oil and gas operations, the U.S.-based ocean energy solutions provider announced Wednesday…
The provider of ocean energy solutions Ocean Power Technologies (OPT) signed a letter of intent to enter into a long-term supply agreement with NEC Energy Solutions, global leader in utility scale energy storage.Under the terms of the supply agreement…
Ocean energy solutions developer Ocean Power Technologies, Inc. has expanded its suite of complimentary products that leverage the core technology of the PowerBuoy, which include subsea batteries and a hybrid (liquid-fueled) PowerBuoy.George H…
