The Offshore Technology Conference (OTC) in the present day introduced the winners of its 2024 Spotlight on New Technology Award. This esteemed honor is given solely to OTC exhibitors who’re reshaping the offshore vitality sector by way of their innovation and improvement of applied sciences. This 12 months, 15 applied sciences—5 of them from small companies—had been chosen for his or her demonstrated developments within the trade.

This 12 months’s award recipients are distinctive and had been chosen based mostly on the next standards: product uniqueness, diploma of ingenuity, demonstrated success, industrial viability, and the flexibility to make a major affect throughout the offshore trade.

“OTC takes pride in recognizing the companies transforming the future of the offshore energy sector. The Spotlight on New Technology Award is one of the many ways we like to show our appreciation. Revolutionizing the field is no easy task. It requires collaboration, intense consistency, and the brightest minds in the industry to drive innovation. This year’s recipients exemplify these efforts, and we are proud to acknowledge them,” stated Alex Martinez, chairperson, OTC Board of Directors.

2024 Spotlight Winners

• Baker Hughes TRU-ARMS superior reservoir mapping providers
• Baker Hughes Sonus Acoustic-Set Liner Hanger System
• Hägglunds, a model of Bosch Rexroth Quantum Power
• DeepOcean Autonomous Inspection Drone
• Fugro Blue Dragon seafloor drill
• Fugro Remote subsea inspection answer
• Henkel LOCTITE Pulse
• Oil States ACTIVEHub with ACTIVELatch
• Oil States Swift DW2 RAR Connector–Ratchet Anti-Rotation Mechanism
• Saipem S.p.A. Integrated Acoustic Unit (I.A.U.)

2024 Spotlight Small Business Winners

• BridgeFlow Valve Ltd. BridgeFlow Mechanized Ball Valve
• GOWell Multi-aperture Motion-compensative Pulsed Eddy Current Deep Detection Method for Multi-pipe Thickness Corrosion Measurements (ePDT)
• GOWell Elastic Structure Nonharmonic Resonance Method for Through-Tubing Cement Evaluation (TTCE)
• HYTORC Industrial Bolting Systems LIGHTNING PUMP Series
• Nanoprecise Sci Corp NrgMonitor

OTC has proudly honored small companies and their contributions to the offshore vitality trade with the Spotlight Award since 2014. To qualify for the small enterprise award, firms are required to satisfy the next standards: Be independently owned and operated, or registered as a nonprofit group, and have not more than 300 workers within the 12 months previous to the applying deadline. 

The 2024 Spotlight on New Technology Award recipients shall be honored at this year’s conference on Monday, 6 May, at NRG Center in Houston.

Read more about the award.