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OTC .03 Industry Breakfasts to Focus on Key Global Issues

RICHARDSON, Texas, U.S.A. (3 February 2003)—Three Industry Breakfasts bring industry leaders from around the world to discuss key developing regions at the 2003 Offshore Technology Conference (OTC). The specially designed breakfasts will be held Tuesday, 6 May through Thursday, 8 May from 7:30 to 9 a.m. (0730 to 0900).

After two very successful years, the industry breakfasts continue to draw strong participation from OTC attendees. Last year’s breakfasts experienced record-breaking attendance. The Industry Breakfasts take place at Reliant Center and each breakfast is U.S. $25 to attend.

Tuesday, 6 May – Business Opportunities in Venezuela’s and Trinidad & Tobago’s Oil and Gas Sectors
Hosted by the U.S. Department of Commerce, this discussion features presentations by senior officials from the industry and the Venezuelan government on current and future business opportunities in this region.

Wednesday, 7 May – Business Opportunities in Sakhalin Island’s Oil and Gas Sector
Hosted by the Department of Commerce, the State of Texas, and the Sakhalin Administration, this session focuses on the needs and requirements of doing business in the offshore oil and gas sector on Sakhalin Island. Large existing operators are delineating their present and future needs while the Sakhalin Administration lays out the requirements for doing business. The U.S. Foreign Commercial Service also presents assistance and solutions to assist U.S. exporters in penetrating the Russian market.

Thursday, 8 May – World Energy Cities Partnership (WECP) – Benefits to Emerging Countries
This executive roundtable addresses labor force and skills requirements now and in the future with a focus on initiatives by leading energy cities and industries. As the Secretariat of the WECP and head of the host city for OTC, Houston Mayor Lee Brown opens the session, with Michelle Michot Foss, Director of the Energy Institute at the University of Houston, serving as moderator of a panel of mayors from WECP member cities worldwide.

Founded in 1969, the Offshore Technology Conference is the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production and environmental protection. OTC is held annually in May at Reliant Center at Reliant Park in Houston. For more information, visit the OTC .03 Web site at www.OTCnet.org.

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