Thousands of people from hundreds of businesses will gather at OTD2018 taking place at Sotra Arena in October and the organizer has big plans.

17th – 18th of October, Offshore Technology Days (OTD) will be taking place  for the 20th time. Norway’s largest annual oil exhibition and networking arena have big plans for how this anniversary will be highlighted at Sotra, just outside Bergen.

– We are expecting over 250 exhibiting suppliers – all associated with oil, gas and energy activities working on the Norwegian continental shelf. We also have key operators and contractors participating along with presentations and interviews with key industry leaders, says Derek Croft, OTD Project Manager at Offshore Media Group (OMG).

 

Aker Solutions is looking forward

Croft and his colleagues at OMG have for a number of years worked actively  to ensure that both exhibitors & attendees have the best exhibition format  to  facilitate business. Last year they launched Operators Corner -this year they come with yet another concept; Contractors market.

– Operators Corner & Contractors Market gives the opportunity for exhibiting companies to request one-to-one meetings with industry operators and contractors – it gives  real opportunity for our exhibitors to interact with the larger companies in the industry and  could potentially lead to some very exciting business opportunities, says Croft.

Aker Solutions is one of several companies you will be able to meet at this year’s jubilee exhibition.

– We appreciate being invited to OTD and Contractors Market. The oil exhibition gives us a good opportunity to meet local customers, suppliers and partners. We are looking forward to the event, says Stina Kildedal-Johannessen, communications manager at Aker Solutions in Norway.

– OTD helps to put the oil and gas industry in western Norway on the map and is a good meeting place for both large and small companies. We hope it also helps attract students and young talents so that we together can tell our stories and strengthen the belief in oil and gas as a sustainable industry for decades to come, Kildedal-Johannessen continues.

 

Has secured several major global contracts

In recent years, Aker Solutions has worked on its structure to reduce costs, become more efficient and strengthen their competitiveness. The company is now seeing the result of this hard work. The second quarter report showed more stable margins from operations compared with last year’s results.

– We have delivered well and made progress in our efforts to become more cost-effective. I believe that this, in combination with the willingness to change and close cooperation with our customers, has helped us secure several major global contracts over the past six months.

 

Positive customers

But even if things are about to turn around for Aker Solutions, they are not done with improving their cost-effectiveness. By the end of 2020, costs will be cut by another 20 percent, and they are not alone. Several companies have used the past few years to streamline operations, but now the positivity is on its way back, feels Croft.

– The industry has been through a very challenging time over the last few years and speaking with our customer base in lead up to this year’s event, the general feeling is that the optimism is certainly back. We know that many companies have taken a very close look at their own operating models and made necessary & positive changes – I believe that these companies are very well positioned to take advantage of an upturn in market conditions.