OES Electronic Newsletter Vol. 2, No. 5, February 25, 2005

OTC Announces Winners of Spotlight on New Technology Program.

RICHARDSON, Texas, U.S.A. (21 February 2005) - The Offshore Technology Conference (OTC) announces 14 award recipients for the Spotlight on New Technology Program. These recipients are recognized for their innovativeness at the Offshore Technology Conference (OTC), scheduled 2-5 May at Reliant Center at Reliant Park in Houston.

* AGR Subsea - RMR(TM) Riserless Mud Recovery System - A Dual Gradient Tophole Drilling System
* Aker Kvaerner - Stepped Diameter Tendon
* Cameron Division of Cooper Cameron Corp. - The Cameron DC(TM) All-Electric Subsea Production System
* Expro International Group PLC - 15k Subsea Safety System
* Expro International Group PLC - CaTS(TM) (Cableless Telemetry System)
* Halliburton's Energy Services Group - PoroFlex? Variable Reach Annular Barrier Tool
* KROHNE Inc. - Altosonic III Ultrasonic Flowmeter for Custody Transfer
* Kvaerner Oilfield Products - Carbon Fibre Rod utilization within Subsea Umbilicals for axial stiffness enhancement
* Mustang Engineering - LNG Smart(TM) Vaporization
* Norse Cutting & Abandonment - Abrasive Waterjet Cutting (AWJC) system for severing Multistring Conductors Below Seabed
* ProPure AS - C100 H2S Scavenger Mixer (Offshore H2S removal)
* Schlumberger - PressureXpress
* pressure-while-logging service
* Shaffer, a Varco Company - Continuous Circulation System (CCS)
* Weatherford International - Optical Flowmeter

"In its second year, the Spotlight on New Technology program continues to serve as a stage to highlight the most innovative and significant offshore developments during the year," said Rod Allan, OTC .05 Chairman. "These recipients demonstrate the increasing technical edge that is required to explore and produce in ever-increasing water depths, and more remote and hostile environments. The products recognized in this year's Spotlight program will help bring offshore development to new depths - depths that just a few years ago seemed impossible."

Submissions for Spotlight on New Technology had to meet four criteria: new and innovative, proven, broad interest and significant impact. Winners are recognized on the exhibition floor and in the registration area at this year's conference. The recipients also will be honored during a presentation on Monday, 2 May, where Allan will present them with their awards. For more information about the winners, including photos and descriptions, visit http://www.otcnet.org/2005.

About OTC
Founded in 1969, the Offshore Technology Conference is the world's foremost event for the development of offshore resources in the fields of drilling, exploration, production and environmental protection. OTC is held annually at Reliant Center in Houston. For more information, visit http://www.otcnet.org.

For information on other OES activities, go to http://www.oceanicengineering.org

Send comments regarding this newsletter to the editor, Dr. Diane DiMassa, ddimassa@ieee.org