OTC 2018: Houston looks to renew its appeal for flagship event
Offshore Technology Conference (OTC) organisers have pulled out all the stops for this year’s flagship event, which got under way in Houston today.
Offshore Technology Conference (OTC) organisers have pulled out all the stops for this year’s flagship event, which got under way in Houston today.
A top Aberdeen energy lawyer said today that the oil and gas sector should be “confident about what it can do” ahead of OTC.
There’s arguably no bigger spectacle in the oil and gas industry than the annual Houston conference that attracts tens of thousands of people from more than 100 countries for a mix of carnivalesque pageantry, massive displays of drilling rig equipment, wonkish technical meetings and, of course, after-hours parties.
As Houston prepares for its 49th annual Offshore Technology Conference we hear about how the city and its energy sector have evolved to overcome the challenges of the last two decades from Scottish-born Suzanne Munro, now US business development manager for NSL (part of ASCO Group).
Energy Voice has launched its annual industry research.
Energy Voice has launched its annual industry research.
Energy Voice has launched its annual industry research.
Energy Voice has launched its annual industry research.
Energy Voice has launched its annual industry research.
Energy Voice has launched its annual industry research.
Energy Voice has launched its annual industry research.
Energy Voice has launched its annual industry research.
Energy Voice has launched its annual industry research.
Energy Voice today launched its annual industry research.
With an increasing number of Scottish firms – perhaps more than ever before – looking to internationalise their business, this year’s Offshore Technology Conference (OTC) promises to be a unique opportunity to network, share knowledge and collaborate with other like-minded people from across the globe.
This year’s survey – #Oil17:New World Order comes with a health warning. Despite the rumble of recovery in the near distance, the industry expects another year of pain.
EnerQuip of Aberdeen is six months into its first year of a new business division which is predicted to drive significant growth for the firm.
With the Offshore Technology Conference starting in Houston today, we decided now was a good time to ask readers key questions about the US oil sector.
The results of the Energy Voice sector survey #Oil17: New World Order unveiled in Houston yesterday highlighted that there is no room for complacency in the industry is it recovers from the downturn.
The global oil and gas industry will need to adjust to “lower forever” hydrocarbon prices, an audience at the third annual Energy Voice OTC panel debate breakfast heard in Houston yesterday.
The biggest subsea and drilling challenge is trying to strike a balance in capacity versus capability of the workforce, according to a GE Oil & Gas boss.
With the Offshore Technology Conference starting in Houston today, we decided now was a good time to ask readers key questions about the US oil sector.
Balmoral Group has hailed an “industry first” as its subsea test centre carved deep into Aberdeen’s granite terrain nears completion. A second pressure vessel - thought to be the largest in Europe - will be installed at the Balmoral Subsea Test Centre this summer. Supported by bespoke software, the test centre offers Balmoral and external clients the ability to monitor procedures from anywhere in the world. When complete the facility will offer close to 20 test vessels in total. A smaller tank measuring 6ft x 23ft was installed in February, while the larger pressure test vessel which is nearing completion will measure 8ft x 29.5ft. Jim Milne, chairman and managing director of Balmoral said: “These new additions complement the wide range of test vessels that were previously available for third party use. “The facility offers a comprehensive range of hydrostatic and mechanical test procedures supported by bespoke software that allows remote monitoring from anywhere in the world, an industry ‘first’.” In another industry first, the firm has installed an elastomer manufacturing facility to produce 46ft polyurethane bend stiffeners that are used to add support to flexible pipes, umbilicals and cables. Balmoral has developed polyurethane using only ‘safe’ polymers that avoid the use of highly toxic materials, Balmoral’s technical team addressed the health and safety aspects of the industry by qualifying only ‘safe’ polymers that avoid the use of highly toxic materials and accredited by Bureau Veritas. Fraser Milne, projects and engineering director at Balmoral Offshore Engineering, said: “Our new manufacturing facility will increase production capacity to meet market demands for this product. “Balmoral products are put to the test in some of the toughest conditions in the industry. With much of our SURF-related products carrying BV certification to API standards, and a global track record that is second to none, clients can rest assured they are receiving not only the best product solution on the market but also the best possible technical advice available.” Jim Milne said it was great to bring news of the company’s multi-million pound investment to OTC: “While the industry is consolidating for the future we have taken the opportunity to invest in our people and our technology. “We are always seeking to maintain our competitive advantage in the market place and our commitment to technological improvement goes a long way towards that.”
The eyes of the oil and gas world will be firmly fixed on the Offshore Technology Conference in Houston next week and I’ll be going there with a simple message: if you want to invest, it’s time to put Aberdeen on your radar.
Those hoping the sector will hit its stride this year need to readjust their expectations, according to Houston's top economist.