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OTC Is Back In Earnest, The Surest Sign Of A Renewed Energy Industry

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The cancellation of the Offshore Technology Conference in the mist of the pandemic served as the surest signal that the energy business was in full bust. Its return in earnest this week in Houston is the surest signal of the industry's return to health.

When I quizzed him about that characterization, Jones was direct in disputing it. “We wouldn’t agree with that. The offshore technology space, which includes oil and gas and renewables, is changing,” Jones told me. “We are embracing the energy transition and the conference at OTC is very much illustrative of that change to become a fully-encompassing energy space.”

“These are sessions that are curated and are effectively responsive to a call for papers from the offshore industry itself. It think having this many sessions are indicative of a growth industry offshore. Of course, we still have core oil and gas,” he pointed out. “One of the conversations I just had today with some members of the Netherlands/Dutch community participating this year had to do with just how much investment is taking place in offshore over the next few years.

 

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The energy industry is undergoing a transformation. To see it, look toward the Gulf of Mexico.Look no further than the Gulf to see changes in the energy industry. offshorewind 👏
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