Offshore Technology Conference

{{Infobox organization

| formation = 1969

| name = Offshore Technology Conference

| abbreviation = OTC

| founding_location = Houston, Texas, USA

| homepage = http://www.otcnet.org/

}}

Offshore Technology Conference (OTC) is a series of conferences and exhibitions,{{cite web|url=http://www.otcnet.org/pages/about/index.html |title=About OTC |publisher=Otcnet.org |date= |accessdate=2012-07-17}}{{cite web|url=http://www.worldwideworker.com/offshore-technology-conference-attendance-proves-strong-in-tough-year/ |title=RIGZONE - The Career Center for Oil & Gas Professionals |publisher=Worldwideworker.com |date= |accessdate=2012-07-17}}{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=6922246|title=Offshore Technology Conference, Inc.: Private Company Information - Bloomberg|website=www.bloomberg.com|access-date=2018-06-27}} focused on the exchanging technical knowledge relevant to the development of offshore energy resources, primarily oil and natural gas. It was founded in 1969.{{cite web |url=http://www.otcnet.org/pages/about/history.html |title=History of OTC |publisher=Otcnet.org |accessdate=2012-07-17 |url-status=dead |archiveurl=https://web.archive.org/web/20110520122619/http://otcnet.org/pages/about/history.html |archivedate=2011-05-20 }}{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=6922246|title=Offshore Technology Conference, Inc.: Private Company Information - Bloomberg|website=www.bloomberg.com|access-date=2018-06-27}} There are four events organized by OTC. The flagship Offshore Technology Conference is held annually during early May in Houston, Texas, USA since 1969.{{Cite news|url=https://www.houstonpublicmedia.org/articles/news/local/2018/04/30/282542/watch-the-offshore-technology-conference-celebrates-50-years-in-houston/|title=WATCH: The Offshore Technology Conference Celebrates 50 Years In Houston {{!}} Houston Public Media|last=Team|first=HPM Digital|date=2018-04-30|work=Houston Public Media|access-date=2018-06-27|language=en-US}}{{Cite news|url=http://www.otcnet.org/history-of-otc|title=History of OTC|work=OTCnet.org|access-date=2018-06-27|language=en-US}} In 2011, OTC organized OTC Brasil and the Arctic Technology Conference to offer a version of the event focused on the development in the Brasil and Arctic regions.{{Cite web|url=http://www.otcnet.org/__media/Historical-Information/OTC-Timeline-Update-15FEB18.pdf|title=Offshore Technology Conference Timeline|website=Offshore Technology Conference}} In 2014, OTC Asia was created. OTC Brasil and OTC Asia are held every other year.

OTC is sponsored by 13 industry associations,{{Cite news|url=http://www.otcnet.org/organizations|title=Organizations|work=OTCnet.org|access-date=2018-06-28|language=en-US}} who work cooperatively to develop the technical program each year.{{Cite web|url=https://www.mtsociety.org/conferences/Offshore.aspx|title=MTS: Conferences|website=www.mtsociety.org|access-date=2018-06-28}} Sponsoring organizations include the American Association of Petroleum Geologists, the American Institute of Chemical Engineers, the American Society of Civil Engineers, the ASME International Petroleum Technology Institute, the Institute of Electrical and Electronics Engineers, the Marine Technology Society, the Society of Exploration Geophysicists, the Society for Mining, Metallurgy, and Exploration, the Society of Naval Architects and Marine Engineers, the Society of Petroleum Engineers, and the Minerals, Metals and Materials Society.{{cite web|url=http://www.otcnet.org/Content/OTC-Organisations/3_4/|title=OTC Organizations|publisher=Offshore Technology Conference|date= |accessdate=2015-02-27}}

OTC uses proceeds from the events to reinvest into the oil and gas industry through the 13 sponsoring organizations.{{Cite web|url=https://www.tsnn.com/events/offshore-technology-conference|title=Offshore Technology Conference {{!}} TSNN Trade Show News|website=www.tsnn.com|language=en|access-date=2018-06-27}} All technical papers presented at Offshore Technology Conference events are available on [https://www.onepetro.org/conferences/otc OnePetro.org].

Offshore Technology Conference (OTC Houston)

File:OTC 50 Cube and Sign.jpg

Offshore Technology Conference, the flagship OTC event, is the largest oil and gas sector trade show in the world.{{Cite news|url=https://www.houstonchronicle.com/business/article/At-Offshore-Technology-Conference-a-growing-love-12876448.php|title=At Offshore Technology Conference, a growing love of land|work=Houston Chronicle|access-date=2018-06-28}}{{Cite news|url=https://www.watertechonline.com/offshore-technology-conference-celebrates-50-years/|title=Offshore Technology Conference celebrates 50 years|date=2018-04-20|work=Water Technology|access-date=2018-06-28|language=en-US}} The first OTC was held in Houston, Texas in 1969.{{Cite book|url=https://books.google.com/books?id=P6h-vgAACAAJ|title=First Annual Offshore Technology Conference, May 18-21, 1969, Houston, Texas|date=1969|publisher=The Conference|language=en}} In 2017, OTC was ranked the 25th event on the Trade Show News Network 2017 Top US Trade Shows List. In 2018, the 50th edition of OTC was held and many outlets reflected on the impact of OTC on Houston and the industry over the years.{{Cite news|url=https://www.houstonpublicmedia.org/articles/news/local/2018/04/30/282542/watch-the-offshore-technology-conference-celebrates-50-years-in-houston/|title=WATCH: The Offshore Technology Conference Celebrates 50 Years In Houston {{!}} Houston Public Media|last=Team|first=HPM Digital|date=2018-04-30|work=Houston Public Media|access-date=2018-06-28|language=en-US}}{{Cite news|url=https://www.fluidpowerworld.com/update-from-50th-offshore-technology-conference/|title=Update from 50th Offshore Technology Conference|date=2018-05-03|work=Fluid Power World|access-date=2018-06-28|language=en-US}}{{Cite news|url=https://www.watertechonline.com/offshore-technology-conference-celebrates-50-years/|title=Offshore Technology Conference celebrates 50 years|date=2018-04-20|work=Water Technology|access-date=2018-06-28|language=en-US}}{{Cite news|url=https://www.businesswire.com/news/home/20180503006737/en/2018-Offshore-Technology-Conference-Celebrates-50th-Edition|title=2018 Offshore Technology Conference Celebrates 50th Edition|access-date=2018-06-28|language=en}}{{Cite news|url=https://www.spe.org/en/jpt/jpt-article-detail/?art=4146|title=OTC Panel Proud of the Past, Optimistic About the Future|access-date=2018-06-28}}{{Cite news|url=https://www.chron.com/business/article/OTC-at-50-Its-early-years-in-pictures-12873404.php#photo-15475582|title=OTC at 50: Its early years in pictures|work=Houston Chronicle|access-date=2018-06-28}} To celebrate the 50th edition of the event,{{Citation|last=Offshore Technology Conference|title=OTC 50th Celebration|date=2018-04-30|url=https://www.youtube.com/watch?v=FRBvOGCsy20 |archive-url=https://ghostarchive.org/varchive/youtube/20211220/FRBvOGCsy20 |archive-date=2021-12-20 |url-status=live|access-date=2019-05-06}}{{cbignore}} OTC created a special sign and commissioned Houstonian artist Mario E. Figueroa Jr., also known as GONZO247,{{Cite web|url=https://www.aerosolwarfare.com/about-gonzo247/|title=About GONZO247 {{!}} Houston, Texas USA {{!}} Aerosol Warfare|website=www.aerosolwarfare.com|language=en-US|access-date=2018-06-28}} to create a one of a kind plexi glasscube painted{{Cite news|url=http://www.t-awards.com/Offshore-Tech-Conf|title=Offshore Technology Conference|work=TSNN Awards|access-date=2018-06-28|language=en-US}} live at OTC.{{Cite news|url=https://www.houstonpublicmedia.org/articles/news/local/2018/04/30/282542/watch-the-offshore-technology-conference-celebrates-50-years-in-houston/|title=WATCH: The Offshore Technology Conference Celebrates 50 Years In Houston {{!}} Houston Public Media|last=Team|first=HPM Digital|date=2018-04-30|work=Houston Public Media|access-date=2018-06-28|language=en-US}}{{Cite news|url=http://2018.otcnet.org/special-events|title=Special Events|work=OTC 2018|access-date=2018-06-28|language=en-US}} The 2019 OTC is the 50th anniversary of OTC.

It ranks among the largest 200 tradeshows held annually in the United States and is among the 10 largest meetings in terms of attendance.{{citation needed|date=February 2012}} Attendance consistently exceeds 50,000, and more than 2,000 companies participate in the exhibition.{{cite web|url=http://www.osec.ch/internet/osec/de/home/export/countries/us/export/fairs.-RelatedBoxSlot-46127-ItemList-44606-File.File.pdf/MB_0805_E_OffshoreTechnology-2008.pdf |title=Osec Export |publisher=Osec.ch |date= |accessdate=2012-07-17}} OTC includes attendees from around the globe, with more than 120 countries represented at recent conferences.{{Cite news|url=https://www.watertechonline.com/offshore-technology-conference-celebrates-50-years/|title=Offshore Technology Conference celebrates 50 years|date=2018-04-20|work=Water Technology|access-date=2018-06-28|language=en-US}} In 2009, 2,500 companies from 38 countries participated and 66,820 attendance, an 8.5% drop from previous year's 75,092, was reported despite a global economic recession and initial concerns about swine flu.{{cite web|url=http://subseaworld.com/industry/offshore-technology-conference-attendance-proves-strong-in-tough-year-03003.html |title=Industry - Offshore Technology Conference Attendance Proves Strong in Tough Year |publisher=Subsea World |date= |accessdate=2012-07-17}}{{cite web|author=TOM FOWLER, Copyright 2009 HOUSTON CHRONICLE |url=http://www.chron.com/disp/story.mpl/headline/biz/6413846.html |title=Analyst says oil outlook cloudy - Houston Chronicle |publisher=Chron.com |date=2009-05-08 |accessdate=2012-07-17}} Attendance in 2014 reached a 46-year high of 108,300, the highest in show history and up 3.3% from the previous year.{{cite web|url=http://www.otcnet.org/page.cfm/Action=Press/libID=1/listID=7/libEntryID=24|title=Offshore Technology Conference Sets Attendance Record in 2014 |publisher=Offshore Technology Conference|date=2014-05-08 |accessdate=2015-02-27}}

The cost to attend the Offshore Technology Conference event is generally lower than prices for other oil and gas conferences. In 2018, to attend the full conference as a professional who was a member of one of the 13 sponsoring organizations the registration fee was $180 which included full access to the technical sessions and massive exhibition.

=Spotlight on New Technology Awards=

The annual Spotlight on New Technology Awards showcases the latest and most advanced hardware and software technologies that are leading the industry into the future. Technologies are awarded based on the following criteria: new and innovative, proven, broad interest for the industry and significant impact beyond existing technologies.{{cite web|url=http://www.otcnet.org/Content/Spotlight-on-New-Technology/4_17/|title=OTC recognizes innovative technologies each year with the Spotlight on New Technology Award|accessdate=May 3, 2016}}

OTC Brasil

OTC Brasil has been held in 2011, 2013, and 2017.{{Cite web|url=https://www.onepetro.org/conferences/otc|title=OTC Conferences - OnePetro|last=OnePetro|website=www.onepetro.org|language=en|access-date=2018-06-27}} In 2017, OTC Brasil was held in Rio de Janeiro and 150 technical papers were presented in 29 technical sessions.

OTC Asia

OTC Asia was held in 2014, 2016, 2018 and 2024.{{cite web | url=https://jpt.spe.org/otc-asia-2024-addresses-evolutionary-shift-toward-greater-sustainability-with-innovative-approaches-and-industry-collaboration | title=OTC Asia 2024 Addresses Evolutionary Shift Toward Greater Sustainability with Innovative Approaches and Industry Collaboration | date=29 February 2024 }}{{Cite web|url=https://www.onepetro.org/conferences/otc|title=OTC Conferences - OnePetro|last=OnePetro|website=www.onepetro.org|language=en|access-date=2018-06-27}} The 2018 OTC Asia was held in March in Kuala Lumpur. More than 290 technical papers were presented at OTC Asia in 2018.{{Cite web|url=https://www.onepetro.org/conferences/OTC/18OTCA|title=Offshore Technology Conference Asia - OnePetro|last=OnePetro|website=www.onepetro.org|language=en|access-date=2018-06-27}}

The event also includes the OTC Asia Spotlight on Technology Awards.{{cite web | url=https://www.slb.com/resource-library/updates/2024/driving-energy-innovation---slb-recognized-as-industry-leader-with-otc-asia-new-technology-award | title=Driving energy innovation: SLB recognized as industry leader with OTC Asia new technology award | SLB }}{{cite web | url=https://jpt.spe.org/2024-otc-asia-2024-announces-spotlight-on-technology-award-recipients | title=OTC Asia 2024 Announces Spotlight on Technology Award Recipients | date=9 February 2024 }}

Arctic Technology Conference

The Arctic Technology Conference has been held in 2011, 2012, 2014, 2015, 2016,{{Cite web|url=https://www.onepetro.org/conferences/otc|title=OTC Conferences - OnePetro|last=OnePetro|website=www.onepetro.org|language=en|access-date=2018-06-27}} and will be held in fall 2018.{{Cite web|url=http://www.otcnet.org/arctic|title=Welcome|website=Arctic Technology Conference 2018|language=en-US|access-date=2018-06-27}} In 2011-2012 and 2014, the conference was held in Houston. The 2015 edition was held in Copenhagen, Denmark. The 2016th edition was held in St. John's, Canada and 135 technical papers were presented.{{Cite web|url=https://www.onepetro.org/conferences/OTC/16OARC|title=Arctic Technology Conference - OnePetro|last=OnePetro|website=www.onepetro.org|language=en|access-date=2018-06-27}} The 2018 edition was held in Houston.{{cite web | url=https://www.otcnet.org/press-releases/arctic-ep-leaders-gather-in-houston-for-the-2018-arctic-technology-conference | title=Arctic E&P Leaders Gather in Houston for the 2018 Arctic Technology Conference }}

The Arctic Technology Conference is an OTC event that covers the technical challenges that come along with exploration and production of petroleum and natural gas in the arctic. The conference technical program will discuss the logistical and technical aspects involved with recovery oil and gas in the harsh icy arctic environment as well as the environmental and regulatory requirements in the unique arctic environment.{{Cite news|url=http://www.otcnet.org/arctic/call-for-papers|title=Call for Papers|work=Arctic Technology Conference 2018|access-date=2018-07-02|language=en-US}}

References

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