The Offshore Technology Conference (OTC) will recognize the 2024 Emerging Technology Spotlight Award winners at this year's conference on Monday, May 6th at the NRG Center in Houston.
This prestigious honor is reserved for OTC exhibitors who are reshaping the ocean energy sector through innovation and development. This year, 15 technologies, 5 of which are from small and medium-sized businesses, were selected as proven advances in the industry.
This year's winners were selected based on criteria including product uniqueness, level of ingenuity, demonstrated success, commercial viability, and ability to make a significant impact across the offshore industry.
“OTC is proud to recognize companies that are transforming the future of the ocean energy sector. The Spotlight on New Technology Award is one of the many ways we want to show our gratitude. Creating a revolution is no easy task. Driving innovation requires collaboration, relentless consistency, and the brightest minds in the industry. This year's winners exemplify these efforts. We are proud to recognize them,” said Alex Martinez, Chairman of the OTC Board of Directors.
Since 2014, OTC has proudly recognized small businesses and their contributions to the ocean energy industry with the Spotlight Awards. To qualify for the Small Business Award, businesses must meet the following criteria: Independently owned and operated or registered as a non-profit organization. He must have no more than 300 employees during the 12 months prior to the application deadline.
2024 Spotlight Winners
(Listed alphabetically by company)
baker fuse
TRU-ARMS Advanced Reservoir Mapping Service
Baker Hughes TRU-ARMS Advanced Reservoir Mapping Service revolutionizes reservoir mapping by identifying lithologic and fluid boundaries up to 300 feet from the wellbore and field development planning to improve production and recovery. strengthen. This new service also leverages proprietary confidence analysis to help assess hydrocarbon content.
www.bakerhughes.com
baker fuse
Sonus Acoustic-Set Liner Hanger System
The Sonus Acoustic Set Liner Hanger System offers a new way to install liner hangers, saving time, optimizing operations, and reducing risk. The system delivers real-time downhole data throughout the liner installation and features a downlink mechanism to selectively activate equipment before, during, or after cementing.
www.bakerhughes.com
Hägglund, a brand of Bosch Rexroth
quantum power motor
For direct drives in heavy-duty applications, Quantum Power creates a powerful new reality by applying proven strengths to a stunning new performance curve. Maximum sustainable torque is over 350 kNm while top speed is over 150 rpm. Corner Power allows you to achieve 3 MW without sacrificing compactness or efficiency.
www.boschrexroth.com
deep sea
autonomous inspection drone
Autonomous inspection drones facilitate pre-programmed inspection routes for subsea assets, increasing concurrent operations without increasing personnel. Routes planned and coordinated in DeepOcean's digital twin are transmitted to the vehicle from a remote operations center while being continuously monitored. This ensures high quality data while increasing operator awareness and optimizing efficiency.
www.deepoceangroup.com
Fugro
blue dragon submarine drill
Fugro Blue Dragon revolutionizes offshore geotechnical exploration. This modular, fully automatic subsea drill performs field testing, soil sampling and rock coring in a single dive. Operating in a variety of water depths and terrains, Blue Dragon minimizes risk, increases safety, contributes to sustainability, and ensures consistent data quality.
www.fugro.com
Fugro
Remote seabed inspection solution
Fugro's remote subsea inspection solution combines Fugro. blue essence Unmanned surface ship and Fugro blue volta An electric remotely controlled vehicle managed by one of the company's remote control centers. The unmanned approach reduces health, safety and environmental risks. Reduce project costs. Facilitate real-time collaboration with clients to enhance decision-making while reducing carbon emissions.
www.fugro.com
Henkel
loctite pulse
LOCTITE Pulse is an industrial Internet of Things solution designed to contribute to plant reliability. Installing sensors allows you to monitor critical static and rotating assets in a single application. Receive notifications when anomalies are measured. Operations will be enhanced to minimize downtime and enhance safety and sustainability.
www.next.henkel-adhesives.com
oil state
ACTIVEHub and ACTIVELatch
Oil States' ACTIVEHub platform and ACTIVELatch digital ecosystem technology provides the industry's first remote monitoring and control of battery-powered wireless latches, increasing safety and efficiency on well sites. When combined with ACTIVEClose and ACTIVESense technologies, valves and pressure control equipment can be remotely monitored and controlled.
www.oilstatesintl.com
oil state
Swift DW2 Ratchet Anti-Rotation (RAR) Connector Mechanism
The Oil States Swift DW2 RAR provides oil and gas operators with a unique, integrally machined anti-rotation mechanism that prevents connector failure in fatigue-sensitive extreme ultra-deepwater conditions. It is the only true metal sealed conductor and casing connector on the market with an integral RAR as a standard component.
www.oilstatesintl.com
Saipem Spa
Integrated Acoustic Unit (IAU)
Saipem's IAU is a technology that enables non-intrusive, remote offshore pipeline integrity monitoring during installation operations. We provide added value to our clients through risk-averse operations, ensuring accuracy, digitizing the fleet, and ensuring timeliness of anomaly detection. IAU is a DNV certified technology that supports projects that are already running.
www.saipem.com
2024 Small Business to Watch Winners
Bridge Flow Valve Co., Ltd.
mechanized ball valve
BridgeFlow mechanized ball valves revolutionize valve technology by offering unparalleled durability, superior sealing over traditional methods, and environmental sustainability. Its innovative design ensures leak-free operation, friction-free rotation, and efficient flow, setting new standards in reliability and efficiency.
bridgeflow.ca
Gowell
Multi-aperture motion-compensated pulsed eddy current deep detection method for corrosion measurements of multiple pipe thicknesses
GOWell's 2nd Generation Enhanced Pipe Detection Tool (ePDT-II) uses multi-aperture motion compensated electromagnetic technology to provide proven pipe thickness measurements for up to five pipes. Corrosion monitoring saves operators costly repairs and possible well abandonment. ePDT-II has successfully expanded the pipe evaluation scope of this technology.
www.gowellpetro.com
Gowell
Elastic structural anharmonic resonance method (TTCE) for through-tube cement evaluation
The GOWell TTCE service uses a novel elastic structure anharmonic resonance technique to enable reliable through-tube cement evaluation. TTCE provides an efficient and cost-effective option for health management in a variety of settings (hydrocarbon, geothermal, corkscrew and abandonment, gas storage, etc.) and allows operators to remove casing without pulling tubes. Allows you to assess the cement behind.
www.gowellpetro.com
high talk
Industrial bolting system LIGHTNING PUMP series
HYTORC's LIGHTNING PUMP series is the fastest single-motor pump for bolting. A 1,170 watt-hour battery means the pump is grid independent. Variable speed motor allows for higher flow rates and faster pumping speeds. The pump works in all weather conditions. Smart models feature an intuitive touchscreen and documentation capabilities.
www.hytorc.com
Nanoprecise Sci Corp
NrgMonitor
NrgMonitor is an energy efficiency and health analytics platform that enables manufacturers to track energy efficiency, monitor carbon emissions, and monitor the condition of motor-driven equipment. Identify energy-consuming assets, identify faults, and predict equipment lifespans to help you achieve your net-zero goals while preventing unplanned downtime.
nanoprecise.io
