Houston International Offshore Oil and Gas Technology Exhibition (OTC)
Houston International Offshore Oil and Gas Technology Exhibition (OTC)
Exhibition time:
May 5-8, 2025
Exhibition location:
North America
America
Houston
Exhibition industry:
Oil and Gas
Exhibition Profile
English name: OFFSHORE TECHNOLOGY CONFERENCE AND EXHIBITION
English abbreviation: OTC
Exhibition Industry: Oil and Gas
Duration: Once a year
Exhibition scale: 50000-10000
The Houston International Marine Oil and Gas Technology Exhibition OTC, founded in 1969, is organized by the SPE Society of Petroleum Engineers and is an important professional exhibition in the fields of oil and gas exploration, extraction, production, and environmental protection. The exhibition brings together major oil companies from around the world, numerous international excellent oil equipment suppliers, and buyers from all over the world. It is a well-known exhibition recognized by exhibitors and industry insiders from various countries, and also an excellent platform for related products to enter the American and European markets.
Market analysis
According to newly released data from the American Oil and Gas Journal, the global oil reserves reached 1.52 trillion barrels in 2011, an increase of 0.05 trillion barrels from 1.47 trillion barrels in 2010, with a growth rate of 3.4%; The scale of natural gas reserves has reached 189.7 trillion cubic meters, an increase of 1.5% compared to 2010. In recent years, the booming development of shale gas has enabled the United States to bid farewell to the downward trend of natural gas production, resulting in an increase in production year by year. In 2009, it surpassed Russia and remained the world's number one for three consecutive years. Unconventional oil and gas resources have become an important driving force for the future development of international major oil companies. Major oil companies have chosen different unconventional oil and gas resource areas as the focus of resource succession based on their own technological advantages.
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