OTC

News from the Offshore Technology Conference
An oil tanker is docked at the Chevron refinery in Richmond, Calif.

Houston fills with crude oil that can’t be shipped out

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can handle. Storage tanks are filling as new pipelines carry light, sweet oil found in shale formations to the coast and U.S. law keeps companies from moving it out.  More »
A rig works in the Marcellus Shale, the largest U.S. shale-gas basin. (Andrew Harrer/Bloomberg)

Oil companies pay $630M in Pennsylvania drilling fees

Anadarko Petroleum, Chesapeake Energy and others will pay the state of Pennsylvania about $225 million in fees this year for drilling in the gas-rich Marcellus Shale, but critics of state law say they aren’t paying enough.  More »
Forum Energy Technologies, an oil field products manufacturer, displays technology at the OTC Brasil expo on Oct. 30. (OTC Brasil)

Second OTC Brasil attracts 15,000 to Rio de Janeiro (photos)

The second biennial OTC Brasil, a three-day spinoff of the massive Offshore Technology Conference in Houston, wraps up today in Rio de Janeiro.  More »
Pete Miller, CEO of National Oilwell Varco

Guest Commentary: National Oilwell Varco ready for ‘big crew change’

While the “Big Crew Change” may create anxiety for some companies, National Oilwell Varco (NOV) has gone to great lengths to attract and develop the next generation of talent that will successfully lead NOV into the future.  More »
BSEE Director Watson explains to congressional staffers and government representatives for Canada, Mexico and the U.K. why it is critical for Noble Energy to demonstrate the HWCG capping stack can contain a deepwater well in the Gulf of Mexico. (Photo: Noble Energy)

Industry executives expect regulatory costs to soar

Three years after the Macondo accident, more than 80 percent of top oil executives believe that regulation will get a lot tougher in the coming years.  More »
People enter the Chairman's Club at the Reliant Center to attend an exclusive event by BP. (Emily Pickrell/Houston Chronicle)

OTC offered suite deal for visitors (photos)

Companies are increasingly using hospitality suites, offering everything from shrimp cocktail to margaritas, as a way to gather more attention from attendees at OTC.  More »
Jason Herlehy looks at a piece of equipment at the Offshore Technology Conference. (Cody Duty/Houston Chronicle)

OTC 2013 in photos

The Offshore Technology Conference ran Monday to Thursday at Houston’s Reliant Center, with displays of state-of-the-art technology and a program full of speakers from around the world.  More »
Margareth Ovrum, executive vice president of technology and drilling for Statoil

Q&A: Statoil’s Ovrum sees future in ‘subsea factory’

As executive vice president of technology and drilling for Statoil, Margareth Ovrum manages a projects portfolio valued at $50 billion and says the Norwegian company is focusing on technological advances to drive its future.  More »
Statoil s Remotely Welded Retrofit Subsea Hot Tap Tee is one of the Offshore Technology Conference s 15 Spotlight on New Technology Award winners.

OTC Spotlight Award: Statoil’s robotic welding can connect to live pipes

By enabling remote-controlled tie-in to a live gas pipeline without interrupting flow, Statoil’s Remotely Welded Retrofit Subsea Hot Tap Tee is as revolutionary as its name is cumbersome.  More »
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Seabed equipment gets hooked up courtesy of Schneider

Schneider Electric shows off its underwater switchboard equipment at OTC 2013.  More »
Bothra

Who’s at OTC: Conference attracts first-timers from around the world

The Offshore Technology Conference attracted more than 100,000 people from around the world to Houston’s Reliant Center this week. FuelFix combed the crowd to get attendees’ thoughts on the state of the offshore energy industry and their OTC experience.  More »
Exhibitors break down the various booths at the Offshore Technology Conference Thursday, May 9, 2013 in Houston. ( Brett Coomer / Houston Chronicle )

OTC attendance hits a 30-year high, at 104,800

Attendance at the Offshore Technology Conference hit a three-decade high this year, the second-highest attendance in conference history. Organizers said 104,800 people attended the four-day show at Reliant Park, up 17 percent from 2012.  More »
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