UTC 2018, June 12 - 14
The Underwater Technology Foundation welcomes you to the Underwater Technology Conference (UTC), the 24th UTC since the first in 1980.
Although the recovery of the oil & gas industry from the deepest downturn on record is taking longer than anticipated, we are beginning to see an uptick in activity in many areas of the world.
Hydrocarbons will continue to dominate the energy mix for decades to come, with oil being the primary source. Gas is expected to gain in importance, substituting coal for electric power generation.
Within this context, our ability to produce oil and gas in the most cost-effective, safe and environmentally sustainable way will be a deciding factor, and the focus on capital efficiency brought by the downturn must be maintained, to keep subsea and deepwater developments competitive in the long run.
WELCOME TO BERGEN AND UTC 2018!