In the beginning of May, one of the world's largest conferences for the oil and gas industry, featuring more than 2,300 exhibitors and attendees representing 100 countries, took place in Houston, Texas, USA. Gathered from the more than 60.000 attendees, the oil and gas industry is still very much alive and, if not at the top of its game with the price for oil in the low 50's, then at least still very much a major industry. NGI once again participated at the annual OTC with papers, talks and posters, as well as with our very own reception at the (in)famous ZaZa hotel in Houston's Museum District.
"The annual NGI reception is a regular theme during the OTC week every year. It gives us a chance to share a brief insight into our latest projects, findings and news from the world of NGI with our friends, colleagues, partners and clients. This year was no exception, with more than 100 people attending our reception", says Karl Henrik Mokkelbost, director for the Offshore Energy division at NGI.
Offshore wind part of the conference
OTC 2017 featured nearly 350 technical papers, 44 technical sessions, 13 panels, multiple poster sessions, and 24 topical breakfasts and luncheons. The sessions focused on subjects such as how deepwater projects can compete with shale developments, and automation’s role in increasing on-site safety. However, the rapid growth in the offshore wind energy market left its mark on this year's conference, with almost an entire day offering sessions on the development of offshore wind in the US and elsewhere.
“The energy industry is continuing to be transformed by the technological revolution taking place, and downturns tend to be the ultimate driver of the type of innovation that is often launched or showcased at OTC. Today, OTC is more important than ever as a venue for the type of learning and idea sharing necessary to propel greater efficiencies and safety,” says Joe Fowler, chairman of the 49th edition of OTC.
NGI will very much still be contributing to the oil and gas industry with our expertise on site investigation, geotechnical knowledge, and our unique foundation design and instrumentation. As we are increasing our contribution to the development of offshore wind parks all over the world, NGI's expert knowledge and long legacy ensure a safe, reliable and sound development of both industries in the years to come.
- Founded in 1969, the Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters.
- For the OTC 2017, more than 64,700 attendees gathered at the annual conference, of which 78 percent were from the US and 22 percent were international. Of the 2,470 companies exhibiting, international companies made up 50 percent of these.
- NGI has been present with our own offices in Houston since 2002. Our relationship with the USA and Texas also expresses itself in various ways. For example, NGI has signed a Letter of Intent with the University of Texas Austin (UT) for scientific exchange and cooperation.
- In 2016, NGI Houston acquired a geotechnical laboratory and now offers complete geotechnical services with laboratory testing and engineering services.
- In 2015, the three NGI pioneers Knut H. Andersen, Rune Dyvik and Per Sparrevik were inducted into the Offshore Energy Centre's Hall of Fame in Galveston, Texas, USA for their work on suction anchors (Suction Bucket and Suction Anchor), used extensively with both the oil and gas industry, as well as in the offshore wind industry.
- Download the NGI presentation from this year's reception during the OTC week here: NGI - OTC reception 2017
- Read more about NGI Houston, our services and lab facilities here: https://www.ngi.no/eng/About-NGI/Houston