Oil Technology Confab Will Stay at Houston Site

Offshore Technology Conference organizers announced plans to meet annually though 1994 in Houston, the original site of the international petroleum gathering.

The 21st annual meeting drew an estimated 26,000 participants, said T. Don Stacy, president of Amoco Canada Petroleum Co. Ltd. and chairman of the OTC.

The board had considered whether to stage the meeting once every other year and also whether to move the meeting location, possibly to New Orleans or London.

“Since OTC has historically been, and is today, the premier event serving this global industry, we will continue our conference and exhibition on an annual basis for the foreseeable future. Having said that, let me assure you we will monitor industry development.”