From May 1- May 4, the yearly Offshore Technology Conference (OTC) was hosted at the NRG stadium in Houston. Despite the current price of oil at $40[/bbl], a lot of Offshore Technology Companies were still present at this event. Organized by the IRO (The association of Dutch suppliers in the oil and gas industry and offshore renewable industry), the Dutch presence was remarkable again this year with 46 Dutch companies, an estimated amount of 500 Dutch visitors and a very noticeable orange Holland Pavilion, spread out over 1000 m2 in the NRG Stadium.
The overall conclusion of the exhibitors at the OTC is that the conference is better visited this year in comparison to last year. The OTC is seen as an event where you have to be present as an Offshore company, since high-level representatives of the companies will be present on the exhibition as well. However, the first analyses show that the event is that the attendance of the OTC fell again this year.