Recipients of the Spotlight on Technology Award Announced for OTC Asia 2024

Revolutionizing Oil and Gas in Asia: The Most Innovative Technologies Recognized by OTC Asia’s Spotlight on New Technology Awards

The Asia Pacific oil and gas industry is continuously evolving, and technological advancement is vital to its success. OTC Asia recognizes the most innovative and groundbreaking technologies through their Spotlight on New Technology Awards program. This exclusive event honors the latest and most advanced technologies from the region that are shaping the future of the industry.

The 2024 OTC Asia will take place from February 27 to March 1 in Kuala Lumpur, Malaysia. During this time, the Spotlight on New Technology Awards will be presented on February 28 at the Kuala Lumpur Convention Centre, Energy Theatre. To be eligible for this prestigious award, a technology must be less than two years old, innovative, proven through full-scale application or prototype testing, have broad interest, provide significant benefits beyond existing technologies, and address an issue unique to the Asia Pacific region.

Some of the companies that have received recognition in previous years include COSL, Petronas/Worley, SLB, Weatherford, and PTTEP in the Large Business category and NGLTech, RL Protect San Bhd, and Universiti Teknologi Petronas (UTP) in the Small Business category. These companies have produced cutting-edge technologies such as cement technology for CO2 reinjection wells, artificial intelligence and robotics solutions for offshore digitalization

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