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Contact: Lee Lancaster, +1.972.952.9304, llancaster@otcnet.org
             Jennifer Patitz, +1.962.952.9321, jpatitz@otcnet.org

OTC Announces Winners of Spotlight on New Technology Program

RICHARDSON, Texas, U.S.A. (12 March 2004) - The Offshore Technology Conference (OTC) announces 15 winners for its inaugural Spotlight on New Technology Program. These winners are recognized before, during and after the 35th annual OTC, 3-6 May, Reliant Center at Reliant Park in Houston.

Winners and their submissions are listed below in alphabetical order:

ABB Offshore Systems

 

VIEC - Vessel Internal Electrostatic Coalescer

Baker Hughes INTEQ

 

TesTrak

Baker Hughes INTEQ

 

Acoustic Properties eXplorer (APX)

CDS Separation Technologies

 

Inline Deliquidizer

Epcon Offshore AS

 

Epcon CFU Technology

FMC Kongsberg Subsea

 

Riserless Light Well Intervention

Halliburton

 

GeoTapT Formation Pressure Tester

Halliburton

 

DepthStarT Tubing Retrievable Subsurface Safety Valve

Natco Group Inc

 

VersaFloT Single Cell Compact Vertical Column Flotation

Ocean Design Inc

 

FACT (Field Assembled Cable Termination)

Perkin Elmer Centurion Seals

 

Centurion Swivel SealT

Schlumberger

 

seismic VISION Seismic While Drilling

Superior Energy Services

 

CoilTAC® (Coil Thrust And Carry)

Tracerco

 

The TRACERCO ProfilerT

Weatherford/eProduction Solutions

 

Simply IntelligentT (multi-zone intelligent completion system)

"We are excited about the response to the introduction of the Spotlight on New Technology program," said Rod Allan, OTC .04 Chairman. "The companies that are involved in the offshore industry are incredibly innovative, as they have to be, due to the technical challenge inherent in producing oil and natural gas at ever-increasing water depths in more remote locations."

SPOTLIGHT WINNERS

Applications for the Spotlight on New Technology were distributed at OTC .03 and were due 9 January 2004. Submissions had to meet four criteria: new and innovative, proven, broad interest, and significant impact.

Winners will be recognized on site at this year's conference, scheduled 3-6 May, on the exhibition floor and in the registration area. Spotlight on New Technology will continue as an annual recognition program coinciding with OTC. For more information about the winners, visit www.otcnet.org/2004.

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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 at Reliant Center in Houston. For more information, visit www.otcnet.org.

 

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