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OTC Announces Spotlight on New Technology Award Recipients

RICHARDSON, Texas, USA (1 March 2006) As the offshore oil and gas industry continues to grow, the number of new technologies to improve processes and output continues to grow as well.  The 2006 Offshore Technology Conference (OTC .06), as part of its annual program, recognizes the best new innovative technologies through its Spotlight on New Technology award.  The 13 winning technologies will be honored at the Spotlight on New Technology presentation on Monday, 1 May at 4:00 p.m. during OTC .06 on 1-4 May at the Reliant Center at Reliant Park in Houston.

The Spotlight on New Technology program gives exhibitors an opportunity to showcase their latest and most advanced technologies to more than 50,000 attendees.  Winning technologies are selected on four criteria including

  • New and Innovative – The technology must be less than two years old
  • Proven – The technology must be proven, either through full-scale application or successful prototype testing
  • Broad Interest – The technology must have a broad interest and appeal for the industry
  • Significant Impact – The technology must provide significant benefits beyond existing technologies

The 2006 award recipients include

  • Aker Kvaerner Subsea – MultiBooster
  • Baker Oil Tools – Z-Seal Technology
  • Baker Oil Tools – Smart Intervention System
  • CDS Separation Technologies, An FMC Technologies Subsidiary – Compact Subsea Separator with Integrated Sand Handling
  • Ctour Process Systems AS – The Ctour Process
  • Draka Marine Oil and Gas – Flex-Flame HC 1100/30 Hydrocarbon Fire Resistant Cable
  • FMC Technologies – Subsea Electric Actuator System for Manifold Retrofit
  • Halliburton – Slimhole Reservoir Drilling and Evaluation System
  • PowerWell Services – PowerAMPS Managed Pressure Drilling System
  • Schlumberger – EcoScope Multifunction Logging While Drilling Service
  • Schlumberger – QuickSilver Probe Wireline Sampling Tool
  • V-Tech AS – UniTong
  • Weatherford International Ltd. – PowerStroke Milling System

For more information about the winning technologies, including photos and descriptions, visit www.otcnet.org/2006.

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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 in May at Reliant Center at Reliant Park in Houston. For more information, visit the OTC web site at www.otcnet.org.

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