The Offshore Technology Conference’s 2020 recipients of its Spotlight on New Technology Award went to nine companies, while it recognized six firms with its Spotlight on Small Business Award, OTC announced on May 4.
The Spotlight on New Technology Award recognizes companies that have created new and advanced technologies that play a role in advancing the offshore oil and gas sector into the forthcoming years.
The Spotlight on New Technology Award winners are:
The Spotlight Small Business winners are:
Winning technologies were selected based on five criteria:
Since 2014, OTC has supported and recognized the innovative technologies being developed by small businesses with the Spotlight on Small Business Award. In addition to meeting the above criteria, a small business honoree must be either independently owned and operated, a nonprofit company, or have no more than 300 employees preceding the 12 months after the application deadline.
“There has been a growing trend in the number of small business applicants and therefore winners in recent years,” Cindy Yeilding, chairperson of the OTC board of directors, said in a press release. “This is a direct reflection of the innovation currently happening within the industry as well as the importance of this recognition. More and more companies are developing new technologies that are revolutionizing the offshore sector, and we are honored to be able to shine a spotlight to help the entire industry grow and thrive.”
More information, visit http://2020.otcnet.org/awards.