June 2016, Vol. 243, No. 6

In The News

In the News

OTC Attendance Shows Huge Dropoff Houston’s Offshore Technology Conference drew only 68,000 attendees last month, down 37% from 2014 when the 108,000 attendees set a record. Last year’s event attracted 94,700 attendees. The exhibition floor was still the third-largest in the event’s 48-year history, at 672,300 square feet, including outdoor exhibits, trailing 2015 and 2014. Over 2,600 companies exhibited including 300 new exhibitors. Exhibitors came from 47 countries, and international companies comprised 51% of exhibitors. Both figures are up from last year. “The commitment from OTC’s volunteers and staff ensured, regardless of the price of oil per barrel, that OTC upheld its unwavering

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