The eyes of the offshore industry were on Houston last week as almost 100,000 industry professionals descended on Texas for the Offshore Technology Conference (OTC).
OTC is the world’s foremost event for the development of offshore resources in the fields of drilling, exploration and environmental protection providing a unique showcase for new, ground-breaking innovations as well as the perfect opportunity to network with product and service providers from more than 40 countries.
NOF Energy led a delegation of members to Houston which, in addition to attending OTC, included a programme of industry receptions and networking events to enable UK companies to build and develop relationships with international industry.
Houston has been the world capital of energy for more than 60 years and continues to be of major strategic importance to the industry. An increasing number of UK businesses, including those from the North East, are targeting the Houston market for both its offshore and onshore oil & gas sectors and are engaging with NOF Energy to assist them with their efforts.
During OTC ,our team met with a considerable group of UK companies that are either based in Houston or are looking to do business and, as part of their increased drive to secure a proportion of the market, are looking to engage with an organisation that can support their business development activities.
Through our network of strategic and global partners, which are keen to maximise their relationships with supply chain companies, and our portfolio of established business development services, NOF Energy is well-placed to support these companies.
Establishing new relationships and links with international territories is essential to maintaining and building market share in our increasingly competitive industry. The opportunities created by the billions of pounds worth of investments being made across the hydrocarbon and offshore renewables sectors are attracting more and more new entrants to the industry, which intensifies the challenges of winning work.
The networks NOF Energy has built with energy markets in countries such as Brazil, Nigeria, Singapore and, of course, the United States, to name but a few, benefit our members as they provide them with invaluable market knowledge and the opportunities to interact directly with key operators and contractors that are continually developing their supply chains.
As a truly global exhibition, OTC enabled NOF Energy to strengthen our international links, but significantly make further significant inroads into the Houston market. We are growing our presence in the city, which will generate opportunities for members who recognise the importance of the market to their businesses.
George Rafferty is chief executive of NOF Energy