TMCnet News
OTC 2018 Announces Spotlight on New Technology® Award RecipientsThe Offshore Technology Conference (OTC) announces that 17 technologies will receive the 2018 Spotlight on New Technology (News - Alert)® Award, two of which are being recognized in the Small Business category. The Spotlight on New Technology Awards-a program for OTC exhibitors-showcases the latest and most advanced hardware and software technologies that are leading the industry into the future. Spotlight Winners:
Spotlight Small Business Winners:
"As OTC celebrates its 50th edition, we reflect on the innovations that have been achieved throughout the past five decades," Jones said. "We can never forget that companies like the 2018 Spotlight Award winners are driving the technological advancements necessary to propel our industry for the next 50 years." Winning technologies were selected based on the following five criteria:
For a fourth year, OTC will also support and recognize the innovative technologies being developed by small businesses with the program's Spotlight on Small Business Award. In addition to meeting the above criteria, a small business honoree must be independently-owned and operated or a not-for-profit concern and have no more than 300 employees for the 12 months preceding the application deadline. "For the past five decades, OTC has been a global hub for people and companies that seek to learn about and share the latest technological advancements in offshore energy," said OTC 2018 Chairman Wafik Beydoun. "OTC was created as a place to cultivate innovation with the future in mind, and the unparalleled work displayed by our Spotlight Award Winners exemplifies this ideal." View more information about the technologies on the awards page. ABOUT OFFSHORE TECHNOLOGY CONFERENCE (OTC) Celebrating 50 years since 1969, OTC is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters. OTC's flagship conference is held annually in Houston. OTC has expanded technically and globally with the Arctic Technology Conference, OTC Brasil, and OTC Asia. For more information, visit www.otcnet.org. View source version on businesswire.com: https://www.businesswire.com/news/home/20180320006340/en/ |