Offshore Technology Conference underway at Reliant

May 1, 2012 7:11:06 AM PDT
More than 70,000 people from all around the world are in Houston for the annual Offshore Technology Conference.

For decades, OTC has been a popular event for those in the offshore drilling business. They will look at the latest technology.

Longtime attendees say they like what they're seeing.

"It's a lot more vibrant now," said Peter Richards with GL Noble Denton. "I think the research we have done the past 12 months illustrated there's a higher confidence in the industry and I think it we certainly see that now."

The conference will bring between $70 and $80 million to Houston's economy.

OTC wraps up on Thursday.

Load Comments