OTC meaning in Community ?

Answer:

What is Offshore Technology Conference mean?

Offshore Technology Conference (OTC) is a series of conferences and exhibitions, focused on the exchanging technical knowledge relevant to the development of offshore energy resources, primarily oil and natural gas. It was founded in 1969. There are four events organized by OTC. The flagship Offshore Technology Conference is held annually during early May in Houston, Texas, USA since 1969. In 2011, OTC organized OTC Brasil and the Arctic Technology Conference to offer a version of the event focused on the development in the Brasil and Arctic regions. In 2014, OTC Asia was created. OTC Brasil and OTC Asia are held every other year.

OTC is sponsored by 13 industry associations, who work cooperatively to develop the technical program each year. Sponsoring organizations include the American Association of Petroleum Geologists, the American Institute of Chemical Engineers, the American Society of Civil Engineers, the ASME International Petroleum Technology Institute, the Institute of Electrical and Electronics Engineers, the Marine Technology Society, the Society of Exploration Geophysicists, the Society for Mining, Metallurgy, and Exploration, the Society of Naval Architects and Marine Engineers, the Society of Petroleum Engineers, and the Minerals, Metals and Materials Society.

OTC uses proceeds from the events to reinvest into the oil and gas industry through the 13 sponsoring organizations. All technical papers presented at Offshore Technology Conference events are available on OnePetro.org.

reference

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