For much of its existence, the oil and gas industry has pushed
the limits of innovation. Through hard work, creativity and “out-of-the-box” thinking,
extraordinary new technologies have been developed to find and
produce offshore oil and natural gas.
The Offshore Technology Conference (OTC) recognizes these forward
thinking solutions with the Spotlight on New Technology award.
Initiated by the OTC Board of Directors in 2004, Spotlight on New
Technology gives exhibiting companies an opportunity to present
their newest and most advanced technologies to more than 50,000
industry leaders. All current OTC exhibitors are eligible to participate
in the program.
To be considered for the Spotlight on New Technology program,
technology must meet four key criteria.
The
technology must be less than two years old. Age is based upon the
first time the technology is used in a full-scale application or
is announced or advertised in a conference, press release or trade
journal. If previously advertised at OTC, it must not have been
displayed for more than one conference. The technology must not
be in violation of any known patents.
The technology must be proven, either through full-scale
application or successful prototype testing. For example, a proposed
new type of equipment in the design stage would not be considered
applicable to this program.
The technology must have broad interest and
appeal for the industry. For example, a new type of valve would
not be considered new technology or of broad interest if it were
simply a replacement of a previous valve at lower cost. However,
the new valve might be considered to have broad interest if it
had the potential to change the way in which valves were used or
impact the wider system that utilized the valve.
The technology must provide significant
benefits beyond existing technologies. For example, an improvement
in efficiency of an existing motor would not be considered new
technology unless it had the potential to change the way in which
the motor would be utilized in the industry.
"Spotlight on New Technology was a great success for
us. It generated a lot of interest among customers worldwide,
and we received many inquiries during and after OTC."
Tor H. Andersen, ABB Offshore Systems, a 2004
Spotlight winner
Companies that are chosen for the program
receive
- Advanced recognition on the OTC website
- Acknowledgement at a press event during OTC
- Recognition in a special four-color, multi-page section of
the OTC conference program
- Special emblem of recognition in your company’s booth
to designate your selection
- Designation of your selection at your company’s booth
through special signage on the exhibit floor
You can order additional copies of your award by contacting Corporate Incentives at
patrick@corporate-incentives.com
.
See the OTC
.08 Spotlight page
for application information, and the OTC
.07 Spotlight page
for the 2007 winners.
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