About 2,500 oil and gas industry leaders from Nigeria and beyond are expected to converge on Houston, Texas from April 30 to May 3, for this year’s Oil Technology Conference (OTC).

The OTC would afford professional Petroleum Technology Association of Nigeria (PETAN) member companies and many other indigenous oil service companies to be part of a robust contingent, to showcase the dynamism and potentials of Nigeria’s Petroleum Industry.

The OTC is the premier gathering of professionals and opinion leaders in the global oil and gas industry, and it provides excellent opportunities for positive portrayal and promotion of the great potentials of Nigeria and the Nigerian oil and gas industry.

It also provides a unique platform for close interactions with leading international and major Nigerian oil service companies, indigenous oil companies, industry executives, government policy makers and political leaders, to share ideas on improving the Nigerian oil industry.

PETAN coordinates and has been hosting the Nigerian pavilion at the OTC, in Houston, Texas since 2005.

A statement by the Publicity Secretary of PETAN, Mr. Ranti Omole, disclosed that the key highlights of OTC 2018 are; 50 years of OTC which reflects on its history, the current state of the industry, and what is on the horizon.

Faster deployment of new technologies and solutions to reduce the development timeline and create project-ready technologies which meet current industry challenges.

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Cost reducing tools and techniques and ways to decrease costs and improve overall value, while maintaining high standards for safety, operationability, and reliability.

Other are integrating to innovate how advanced software, nanotechnology, and the digital revolution are integrating disciplines and triggering an historic transformation in the offshore energy sector.

He explained further that other issues to be discussed at the conference are; meeting the energy needs of fast-growing economies, while reducing carbon emissions and carefully considering the impact of digital technology.

For the Nigerian leg of the programme to be coordinated by PETAN, Omole said the formal opening of the Nigerian Pavilion in the Reliant Centre would be chaired bt the Group Managing Director of the Nigerian Petroleum Corporation (NNPC), Mr.Maikanti Baru, on Monday April 30

This is to be followed by a luncheon and panel session at Crowne Plaza Hotel on Tuesday April 31 where  decision makers speak on important and topical issues impacting the local industry oil industry.

Others are;  Nigeria Oil Industry Awards Dinner and Cocktail at JW Marriot, Galleria on Tuesday evening and a technical workshop at Crowne Plaza Hotel on Wednesday.The conference is expected to be closed with a Networking Golf Event at Sugar Creek Country Club, SugarLand, Thursday morning

PETAN, according to Omole is committed to the promotion and the development of the oil and gas industry in Nigeria, through the organization of and participation in conferences, seminars and workshops, as well as creating opportunities for Nigerian oil and gas companies to develop, in a highly competitive environment.