The oil and gas industry is constantly evolving, and technological advancements are crucial for its success. OTC Asia recognizes the importance of new and innovative technologies through its Spotlight on New Technology Awards program, which honors the latest and most advanced technologies from the region that are driving the industry forward. The event will be held from 27 February to 1 March 2024 in Kuala Lumpur, Malaysia, and the awards will be presented on 28 February at the Kuala Lumpur Convention Centre, Energy Theatre.
To be eligible for the Spotlight on New Technology Award program, technologies 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. The OTC Asia Spotlight on New Technology Award recipients for 2024 include companies such as COSL, Petronas/Worley, SLB, Weatherford, PTTEP, and Technip Energies.
The Small Business category of the OTC Asia Spotlight on New Technology Award winners for 2024 includes NGLTech, RL Protect San Bhd