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Ocean Power Technologies is a pioneer and world leader in wave energy technology.  Our PowerBuoyTMconverts wave energy into electric power.

  • Founded in 1994
  • Public company (Nasdaq: OPTT)
  • HQ in Monroe Township, NJ USA
  • Patented, proprietary technology (multi patents awarded and pending)

Outstanding Capabilities to Support Your Global Operations!

OPT’s renewable ocean-wave based electric power generation technology will offer the Oil & Gas (O&G) market potential new solutions that could drive down project Operational Costs (OPEX) & Capital Costs (CAPEX) helping to make current fields that offer low commercial returns more attractive for development.

Oil & Gas Applications for PowerBuoyTM

Drilling / Post-drilling​

- Monitors wells prior to completion​

Production​

- Reduces size of production umbilical / Provides power and or commsto satellite wells​​

Charging ​

- ROV/AUV charging ​

Decommissioning​

- Monitor wells / Reduces need for support vessel after platform / FPSO is removed

AUV’s / Resident ROV’s​

- Increases range / mission duration of AUV by providing power recharging station & communications platform​

- Provides independent power source & communications platform for resident ROV’s​

 - Provides real-time communications platform / method to download data​

- Reduces need for support vessel

Become a Member

Decom North Sea membership gives you and your team access to networking, events, and knowledge to help you build connections and grow your business in the decommissioning sector. Join our global membership and boost your business.

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