OTC 2015: New $150million subsea venture launches
Aberdeen and Houston are at the heart of a new subsea venture with $150million of private equity money at its disposal.
Aberdeen and Houston are at the heart of a new subsea venture with $150million of private equity money at its disposal.
Scottish-based AEL is poised for international expansion after a successful year in Houston. A year on from its Houston market entry the firm, which provides electrical products and services, confirmed at this year’s Offshore Technology Conference (OTC) it would be investing in new premises to accommodate its growing workbook.
Ian Kirk can pinpoint the exact day his ‘fork in the road’ decision dramatically changed the course of his life.
Oilfield services giant Expro has launched its OTC exhibition campaign with the announcement of a £30million ($45million) contract in Canada with Statoil.
Downhole Products has landed $19million worth of contracts in Malaysia and Angola.
Pipeline engineers Stats Group, has invested £1.3million in new facilities in Houston to expand its services in the US and South American oil and gas markets.
As the Offshore Technology Conference OTC kicks off in Houston, Texas today companies in the UK oil and gas industry are turning to new technology as a way to breath fresh life into the sector during challenging conditions.
With so much to take in at this year’s Offshore Technology Conference (OTC), one can forget that Houston is an exciting city with many things happening beyond the walls of the NRG Arena. While attending OTC you definitely want to connect with industry leaders, but don’t forget to explore what the Houston market can offer your company. The Greenspoint District is ready to help you explore your options.
Scottish oil bosses are anticipating another successful time at the world's top energy show in the US city of Houston. They are attending the annual Offshore Technology Conference (OTC), which starts on Monday. Aberdeen-based energy industry travel expert Munro's Travel and the Press and Journal have organised their regular visit to OTC for 300 delegates through a tie-up dating back to 1973. This large Scottish group began arriving on Wednesday and the last of them will fly in tomorrow.
Energy specialist Munro’s Travel reports strong interest from UK companies keen to attend and exhibit at the world’s top oil show. Next year’s Offshore Technology Conference (OTC) in the US oil capital of Houston is being held from Monday, May 4, to Thursday, May 7. Executives and experts from leading oil companies will be attending this important event, which attracted a show record of more than 108,000 people last year.
With OTC 2014 now behind us, the 108,300 delegates will all have returned to their offices across the globe. Energy Voice takes one last look at the most memorable stands of this year's conference. Was yours among them?
The Offshore Technology Conference in Houston presented the Scottish delegation with an opportunity to visit the city's business development - Greenspoint District.
Different ways of bringing more women into STEM (science, technology, engineering and maths)-oriented professions became a focal point of an OTC 2014 business breakfast, following a discussion on the topic launched by Energy Voice.
I have a confession to make. I’m not a huge football fan. But my 12-year-old daughter is a natural Mia Hamm on the field. At weekends you can usually find me on the pitch side lines with the rest of the parents, so I can’t help but be drawn in to the wider football chat.
Subsea specialist Rovop struck a £17million deal to acquire five new remotely operated vehicles (ROVs) from a US manufacturer at this year’s OTC.
Aberdeen and Houston have been closely linked through the oil industry for more than four decades.
The sun set yesterday on the oil and gas industry’s annual event of the season.
Business leaders in an area once dubbed “Gunspoint" for its lawlessness are targeting Scottish firms looking to set up in Houston. Greenspoint district, 15 miles north of central Houston, has put its shady history firmly behind it after major redevelopment and reduced crime levels encouraged new businesses to move in.
For energy logistics firm Petrasco moving its base from Aberdeen to Houston's Greenspoint District was a simple decision, in response to the needs of its customers.
Long-standing relationships have been cemented at this year’s OTC Houston. The theme of collaboration was apparent when we met with new and existing partners from around the world.
The boss of Aberdeen-based shipping and energy service company Craig Group has been recruited to the GlobalScot network, which helps to promote Scottish businesses around the world.
The widely expected sale of Aberdeen-based Expro to US industrial conglomerate GE is likely to be one of the largest deals in the worldwide oilfield service sector in 2014. GE will have to pay around £3billion for the UK well-flow management group.
SSP Offshore is in talks with several firms about putting huge hubs in the ocean to help ease the burden on helicopters. Watch the 3D video to see how the hubs would operate.
A former North Sea worker is looking to revolutionise the way people travel offshore by building a huge floating hotel, harbour and helideck in the middle of the sea.
A north-east firm has released a new diving communication system so advanced that divers can Skype call their family from beneath the ocean.