OTC 2018 Announces Spotlight on New Technology® Award Recipients

Winners recognized for innovative products for offshore
exploration and production

HOUSTON–(BUSINESS WIRE)–The Offshore Technology Conference (OTC) announces that 17 technologies
will receive the 2018 Spotlight on New Technology® Award, two of which
are being recognized in the Small Business category.

The Spotlight on New Technology Awards—a program for OTC
exhibitors—showcases the latest and most advanced hardware and software
technologies that are leading the industry into the future.

Spotlight Winners:

• Aegion Coating Services, producer of ACS™ HT-200
• Ampelmann, producer of N-type
• Baker Hughes, a GE company (BHGE), producer of TerrAdapt™ adaptive
  drill bit
• Baker Hughes, a GE company (BHGE), producer of DEEPFRAC™ deepwater
  multi-stage fracturing service
• Delmar Systems, Inc., producer of RARPLUS™
• Dril-Quip Inc., producer of HFRe™ – Hands Free Marine Drilling Riser
  System
• Expro, producer of Next Generation Landing Strings (NGLS)
• Halliburton, producer of GeoBalance® Automated Managed Pressure
  Drilling (MPD) System
• Halliburton, producer of 9½-inch Azimuthal Lithodensity (ALD™) LWD
  Service
• LORD Corporation, producer of 10K Completion Workover Riser Flexible
  Joint
• NOV, producer of NOVOS™
• NOV, producer of Seabox™
• Oceaneering International, Inc., producer of E-ROV System
• Oliden Technology, producer of GeoFusion 475 Laterolog Resistivity and
  Imaging LWD tool
• Teledyne Marine, producer of FlameGuard™ P5-200 electrical penetrator

Spotlight Small Business Winners:

• CoreAll, producer of Intelligent Coring System
• Luoyang Wire Rope Inspection Technology Co., Ltd., producer of TCK.W
  Automatic Real-time Online Wire Rope Inspection System

Spotlight Award Committee Chair Paul Jones said that advancements such
as these allow the oil and gas industry to operate more safely,
sustainably and efficiently.

“As OTC celebrates its 50th edition, we reflect on the
innovations that have been achieved throughout the past five decades,”
Jones said. “We can never forget that companies like the 2018 Spotlight
Award winners are driving the technological advancements necessary to
propel our industry for the next 50 years.”

Winning technologies were selected based on the following five criteria:

• New: less than two years old
• Innovative: original, groundbreaking, and capable of having a major
  impact
• Proven: through full-scale application or successful prototype testing
• Broad Interest: broad appeal for the industry
• Significant Impact: provides significant benefits beyond existing
  technologies

For a fourth year, OTC will also support and recognize the innovative
technologies being developed by small businesses with the program’s
Spotlight on Small Business Award. In addition to meeting the above
criteria, a small business honoree must be independently-owned and
operated or a not-for-profit concern and have no more than 300 employees
for the 12 months preceding the application deadline.

“For the past five decades, OTC has been a global hub for people and
companies that seek to learn about and share the latest technological
advancements in offshore energy,” said OTC 2018 Chairman Wafik Beydoun.
“OTC was created as a place to cultivate innovation with the future in
mind, and the unparalleled work displayed by our Spotlight Award Winners
exemplifies this ideal.”

View more information about the technologies on the awards
page.

ABOUT OFFSHORE TECHNOLOGY CONFERENCE (OTC)

Celebrating 50 years since 1969, OTC is where energy professionals meet
to exchange ideas and opinions to advance scientific and technical
knowledge for offshore resources and environmental matters. OTC’s
flagship conference is held annually in Houston. OTC has expanded
technically and globally with the Arctic Technology Conference, OTC
Brasil, and OTC Asia. For more information, visit www.otcnet.org.

Contacts

Offshore Technology Conference
Andrea Valencia,
+1.972.952.1112
Marketing Manager
[email protected]