Technology maintains pace in bustling offshore industry

The offshore oil and gas industry’s elaborate technology stood up to last year’s Gulf of Mexico hurricanes and shows no sign that the storms slowed its development.Equipment and know-how were on massive display at the 2006 Offshore Technology Conference in Houston, where presentations and press conferences covered a wide range of issues and participants heard updates on technologies, equipment, and projects.Hurricanes Katrina and Rita, however, peppered many discussions.At a press conference, Charles Davidson, Noble Energy chief executive officer and chairman of the Independent Petroleum Association of America Offshore Committee, said oil and gas facilities performed well duri...

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