OTC

Today's high oil prices have not removed the memories of some top upstream executives about how swiftly boom-and-bust cycles can move, nor have they eroded their mission to lower carbon footprints.

This prestigious award is presented to OTC exhibitors who are revolutionizing the future of offshore energy through technological advancement and innovation. A total of 14 companies, including seven small businesses, were recognized this year for their breakthrough hardware and software technologies.

The awards will be presented at the Offshore Technology Conference in Houston in May.

The backers of some of the first offshore hydrogen projects have little hope of turning a profit. The big question is, will anyone?

Port Fourchon is close to the offshore oil platforms in the US Gulf, but it is also at the southern edge of Louisiana where the land is fading away.

Guyana boasts some of the world's most economic offshore fields. Now it must navigate how to produce them in a world that is asking for oil producers to pull back.

This years’ Offshore Technology Conference is full of people working on ways to diversify away from just oil and gas.

While CCS and CCUS become more ensconced in oil and gas energy-transition strategy, one major project has fallen short of targets. Infrared sensor technology could fill a crucial gap in halting methane leaks. And a geothermal startup gets a big vote of confidence from industry and celebrities.

Over the course of 2 days, top energy and non-energy executives join OTC Board members to dissect and discuss future and current challenges facing an industry in the beginnings of substantial change.

Halliburton supplies the sensing and analytics technology, and TechnipFMC provides the necessary connections. The combination, which won a Spotlight on New Technology Award, will be used by ExxonMobil in Guyana.