OTC 2023 Highlights Sector’s Critical Role In Meeting Global Energy Demand

Attendees at the OTC 2023 gallery trade show

By Stephanie Odiase

The Offshore Technology Conference 2023, spotlighted the industry’s vast opportunities in meeting energy demand and advancing low-carbon solutions.

Energy professionals from around the world, on Thursday, successfully concluded the weeklong conference which holds annually at the NRG Park, Houston, Texas.

Gathering to discuss the offshore sector’s critical role in the energy transition and the opportunities for critical minerals, hydrogen, and carbon capture and storage, among other topics like cyber security and diversity, equity, and inclusion, participants had the opportunity to connect with top industry leaders showcasing the latest innovations and technological advancements.

“The Offshore Technology Conference has always attracted brilliant offshore energy professionals from around the world, and as we look to meet global energy demands, this year’s conference reaffirmed that the future of our industry is stronger than ever,” said Paul Jones, Chair of the OTC Board.

New to the exhibition floor this year included OTC’s Energy Insights, a live studio sharing companies’ thoughts on emerging technologies, market trends, and the latest news, as well as engaging with conference attendees and audiences at home. The Energy Transition Pavilion also returned for its second year, highlighting the abundant opportunities the offshore industry offers for emission reductions through wind, hydrogen production, and carbon capture and storage, as well as providing a dedicated space for collaboration around the offshore wind space in the new Offshore Wind Lounge.

More than 1,300 companies from 104 countries showcased their technologies and equipment on the exhibition floor, spanning more than 276,000 square feet. In addition, countries from around the world brought together energy industry delegations to showcase the vast offshore energy opportunities globally on the exhibition floor.

Extractive360 reports that OTC 2023 welcomed more than 31,000 participants, a 30 percent increase from last year’s conference. This year’s technical program was comprised of 49 sessions, including 25 executive dialogues and keynote speakers, 14 panels, five networking events and six countries showcased through the Around the World Series. Nearly a quarter of the technical program covered the topics of offshore wind, renewables, carbon capture, and the energy transition.

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