Company Updates

Teledyne Marine has extended the published deadline for academics to submit their applications for the organization’s 2020 Academic Product Grant. The new deadline is March 31, 2020. This grant offers the next generation of technologists and explorers the opportunity to utilize the organization’s leading-edge technology for planned 2020 programs free of charge.

Ocean Power Technologies, Inc. announces that Eni, one of the world’s largest energy companies, has extended its lease of a PB3 PowerBuoy® for an additional 18 months. OPT has also been contracted for an additional scope of work to provide a power and communications solution for an entirely new application in the Adriatic Sea.

Penspen, a leading global provider of engineering and project management services to the energy industry, has been awarded a contract with Robtstone, a leading EPC oil and gas contractor in UAE, for the provision of detailed engineering services and procurement assistance for its engineering, procurement and construction (EPC) project in the Asab Area.

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