More than 2,600 companies exhibited, just slightly off last year’s figure of 2,682 and more than 2014’s 2,568. This year’s conference had more than 2,600 companies exhibiting. These exhibitors represented 47 countries, up from last year’s 37. There were also 300 new exhibitors. International companies made up 51 percent of exhibitors.
OTC 2016 featured 11 panel sessions, 24 executive keynote presentations, and more than 325 technical paper presentations.
Increasing efficiencies while ensuring safe operations was a key theme at this year’s conference. Sessions covered new technologies which not only reduce costs to the operator but enhance the overall safety of the operations; cost-effective advances in well cementing technologies; and use of RFID to precisely track drill pipe for enhanced safety and efficiency.
The 2016 OTC University R&D Showcase featured leading-edge projects included drones in a wave prediction system; coatings which improve drill bit efficiency; and recalibration of drilling data from all the major ocean basins.
OTC’s Spotlight on New Technology Awards recognized 13 technologies for their innovation in allowing the industry to produce offshore resources, including one company in the category of Small Business Awards.
OTC is an annual event. OTC 2017 will be held May 1-4 at NRG Park. OTC Asia 2018 is planned for 20-23 March 2018 in Kuala Lumpur, Malaysia.
For more information about Offshore Technology Conference, visit www.otcnet.org.