The Offshore Technology Conference (OTC) unveiled on May 6 the 2021 recipients of the Spotlight on New Technology® Award, which recognizes new, innovative technologies that are advancing and revolutionizing the future of offshore energy.
“At its core, energy is a technology-based industry that relies on scientists, engineers, computer programmers, and other highly skilled professionals to drive the future of energy forward,” Cindy Yeilding, chair of the OTC board of directors, said in a statement.
In a release by the group on May 6, OTC announced this year’s selection for the Spotlight on New Technology® Award included 14 technologies from 13 companies around the world, five of which received small business recognition.
- Dril-Quip Inc., producer of Dril-Quip BADGeR™ Connector
- Halliburton and TechnipFMC, producer of Odassea™ Subsea Fiber Optic Solution
- Halliburton, producer of DynaTrac™ Real-time Wireless Depth Correlation System
- Oil States Industries, producer of Merlin™ Deepsea Mineral Riser System
- Saipem, producer of Hydrone-R
- Schlumberger, producer of DrillPlan* coherent well construction planning solution
- Siemens Energy, producer of APM4O&G
- Siemens Energy, producer of MyFleetRisk
- Subsea 7 and autonomous Subsea 7 subsidiary Xodus Group, producer of Subsea 7 NESP – Nano Engineered Sensor Platform
Small Business Winners:
- HYTORC, producer of HYTORC J-Washer
- INGU, producer of Pipers® 2.8
- OLIDEN TECHNOLOGY, producer of LithoFusion Azimuthal Density and Porosity LWD Tool
- Rocsole Ltd., producer of Deposition In-Line Inspection (DILI)
- TECHNI, producer of PACT
The group noted that winners were selected based on five criteria including the technology’s novelty in the marketplace, innovativeness, demonstrated success, broad commercial appeal, and ability to make a significant impact across the offshore industry.
“The companies recognized by the Spotlight on New Technology® award are making energy development more efficient and sustainable and will be at the forefront of the next generation of offshore energy,” Yeilding continued in her statement.
Since 2014, OTC has proudly recognized the innovation and technologies developed by small businesses. In addition to meeting the above criteria, companies in the small business category must be independently owned and operated or registered as a nonprofit organization; and have no more than 300 employees in the 12 months prior to the application deadline.
More information about these technologies can be viewed on OTC’s awards page.
OTC’s flagship conference, held annually in Houston, will take place this year at the NRG Park Aug. 16-19 in collaboration with NAPE Summit, which will be held at the George R. Brown Convention Center Aug. 18-20. Combo passes can be purchased by visiting both the OTC website at 2021.otcnet.org/register and the NAPE website at napeexpo.com/summit/attend/registration-information.
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