OTC

The president of Chevron North America E&P examines how standardization and operational efficiency is crucial for operators looking to bolster their deepwater portfolios.

The 50th edition of the Offshore Technology Conference kicked off with a distinguished panel representing operators and service companies evaluating the contributions of the past half century.

The decision to launch the Offshore Technology Conference in May 1969 was visionary, but the subsequent success of the yearly conference has exceeded the wildest dreams of the original sponsors.

The third edition of the OTC Asia conference recognized several companies and individuals for technological achievements.

The Offshore Technology Conference has announced the winners of the 2018 Spotlight on New Technology Award, recognizing excellence in offshore E&P.

As the industry moves toward recovery and stability, OTC will attract global industry professionals, government officials, academic experts, and many other organizational representatives to discuss technology and broader industry issues and assess the future.

Shell and SBM Offshore won recognition for their Gulf of Mexico Stones field development. The OTC Distinguished Achievement Award will be presented during a luncheon on 1 May at the Offshore Technology Conference in Houston.

This year’s OTC awards will go to individuals and companies that have made significant contributions to the offshore section.

The top US wind power official told the offshore upstream sector that it can help build “smaller, leaner, and cheaper" wind turbine farms.

Operators are increasingly using existing offshore infrastructure for asset life extension, and developing new marginal stranded fields rather than develop new large greenfields. Subsea processing is an enabling technology in this goal.