Today we are pleased to bring you all the information that you will need to know about Offshore Technology Conference (OTC). This is a very important event in the energy industry. This year the OTC organizers were so kind to tell us all details and highlights that we can expect at such great event, that will be held in Houston at NGR park between april 30th and may 3rd.
The fair presents a BtoB Networking Platform. Could you explain about it?
Offshore Technology Conference (OTC) is where energy professionals come to meet and exchange ideas and opinions that lead to advancements in scientific and technical knowledge for development of offshore oil and gas resources.
On average, OTC hosts over 70,000 delegates from more than 100 countries and over 2,000 exhibitors which represent over 40 countries. Due to the scope of the conference, tens of thousands of oil and gas professionals choose to travel to OTC which makes this a prime opportunity for professionals to network and create business connections as well as secure deals between companies.
What are the latest trends in the Offshore Technology? What trends do you think we can expect over the next 50 years?
This year we’re focused on tools and techniques to reduce cost, which is already being done through industry-wide integration. The more efficient our industry innovations are, the more cost effective we can be industry wide.
Looking forward to the future and the next 50 years, we definitely expect to see an increase in innovations marketed towards keeping up with the ever-growing global demand, so tools and techniques that are designed for increased efficiency and cost reduction, as we rely more heavily on technology, should be expected.
What news have you prepared for the 2018 edition? What are the highlights?
The 2018 conference will kick-off a celebration of OTC’s 50th year which will culminate in 2019. During this year’s conference, we will recognize the industry’s support in helping develop OTC into the internationally recognized conference it is today.
Programming will reflect on our history, the current state of the industry, and what’s on the horizon. OTC intends to credit and commemorate what these first 50 years have brought to the industry, to the local and global community and to OTC, its speakers, contributors, attendees, and exhibitors who have made OTC what it is over the last 50 years.
OTC will also host a series of special events to commemorate the last 50 years. On Monday, April 30th, an opening ceremony commemorating the 50th OTC will be held with C-suite speakers from companies including ConocoPhillips, Petrobras, Royal Dutch Shell, Halliburton, National Oilwell Varco, and Total.
A ceremonial ribbon pulling will follow the opening ceremony. Afterwards, a 50th OTC Legacy Luncheon will be held to pay homage to the volunteers and exhibitors who have given their time and hard work to OTC throughout the years. The day closes with the Party on the Parkway, an evening of networking, fun, dancing and live music from Dysfunkshun Junkshun, a cover band from Austin, Texas.
This year’s event will also feature the OTC Distinguished Achievement Awards Luncheon to recognize the OTC Distinguished Achievement Award recipients, raise funds for a worthy cause, the Young Women’s College Preparatory Academy (YWCPA), and provide a great opportunity to network with industry leaders.
On May 2nd, we are hosting The Next Wave, a program organized by young professionals to encourage communication between professionals of different generations.
Another event you won’t want to miss out on, during this 50th edition of OTC, is our Spotlight on New Technology® Award presentation. During this presentation, OTC will recognize 17 technologies with the prestigious Spotlight on New Technology® Award, including awards for 2 small businesses. The 2018 awards will be presented at 1600 hours, April 30th, at the NRG Center Rotunda Lobby.
If you’re interested in learning about evolving businesses and investing in energy companies, the Rice Alliance Startup Roundup will return on Monday, April 30th, where OTC will present 50 emerging companies.
We will also host OTC Night at the Ballpark, where Houston’s own world-series winning Astros will take on the New York Yankees at Minute Maid Park on Tuesday, 1 May. It should be a great game!
Lastly, the main event is all of our exhibitors who come together at NRG Park to showcase new trends, technologies, and equipment in the oil, gas, and related industries.
What are the advantages of exhibiting at OTC?
OTC is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore innovations. The conference gives you access to cutting-edge technical information, the industry’s largest equipment exhibition, and valuable new professional contacts from around the world. Its large international participation provides excellent opportunities for global sharing of technology, expertise, products, and best practices.
OTC offers key insights by global experts on technological advances, safety and environmentally focused solutions, and economic and regulatory impacts. Highlights of the 2018 program include:
- Celebrating 50 Years of OTC: Programming which reflects our history, the current state of the industry, and what is on the horizon.
- Faster Deployment of New Technologies: Solutions to reduce the development timeline and create project-ready technologies which meet current industry challenges.
- Cost Reducing Tools and Techniques: Ways to decrease costs and improve overall value, while maintaining high standards ofj safety and reliability.
- Integrating to Innovate: How advanced software, nanotechnology, and the digital revolution are integrating disciplines and triggering a historic transformation in the offshore energy sector.
- Meeting Global Demand: Meeting the energy needs of fast-growing economies, while reducing carbon emissions and carefully considering the impact of digital technology.
- Updates on World-Class Projects: The latest on landmark projects which have resulted in breakthrough technologies in a low oil price environment.
- Global Participation: Executives from service companies and operators, including IOCs and NOCs, share accomplishments from projects in Canada, Malaysia, the Gulf of Mexico, and the North Sea.
Can you give us some tips to make the most out of our visit?
During your visit to OTC 2018, make sure to take advantage of all of the opportunities we offer. Visit a few of our 2,000+ exhibiting companies, including the outdoor exhibits, and 23 international pavilions. Make time to attend a few of the 350+ technical presentations throughout the duration of the conference.
There will also be 22+ topical breakfasts and luncheons, featuring various high level and C-Suite speakers, that you won’t want to miss out on and several panel sessions featuring executives and industry experts from across the field. Each of these events provide access to a wealth of knowledge and put infinite networking opportunities at your fingertips, so make sure you take time to attend as many as you can during your time at OTC.
How to apply to exhibit or attend?
To apply to exhibit or attend OTC 2018, please go our official web page and fill in the required information.
Lastly, can you give us some participation results from the last edition?
In 2017, OTC was proud to host over 64,700 attendees from over 100 countries with presentations of 350 technical papers, 24 topical breakfasts and luncheons, 2,470 exhibiting companies from 43 countries, and 21 international pavilions.
This year, OTC plans to host 70,000 delegates from more than 100 countries alongside an expected 2,000+ exhibitors representing over 40 countries at NRG Park in Houston, Texas from April 30th to May 3rd.
