Offshore Technology Conference
The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters. OTC is the largest event in the world for the oil and gas industry featuring more than 2,400 exhibitors, and attendees representing 120 countries.
Oceanit founder and CEO, Dr. Patrick K. Sullivan, will discuss the ‘Mind to Market’ approach pioneered which brings disruptive thinking, science and engineering to create new knowledge and technology that impacts humans and society during a luncheon session on May 3. Combat the Downturn with Disruptive Innovation and Agile Technology Maturation will highlight the art of disruptive innovation that enables navigation of the unknown, consistently finding the edges of thinking. A disruptive innovation process typically begins by internally asking fundamental science or engineering questions. For example, “can we turn cement into a sensor,” which became the basis of Nanite™ for downhole sensing and the internet of things. Or “can we control combustion on a nano-scale,” which became the underpinning of a new category referred to as “Nano-Energetics” that has yielded a host of new applications, like solid-rocket propellants or cancer therapies. Another example is the “prosthetic brain – can we bring a more normal quality of life to individuals with brain injury, stroke or Alzheimer’s?” Work on the prosthetic brain has fueled research breakthroughs in magnetoencephalography brain sensors and strong artificial intelligence, we refer to as “anthronoetic artificial intelligence.” These innovations progress through a cascading process of ideas, programs, projects, and eventually products. On this journey of discovery, many applications and ways are examined and developed to utilize insights, inevitably creating intellectual property and platform technologies. Since the idea and program phases have significant technical risk, corporate partners are typically engaged somewhere between the programs and projects phases, where risk is low and there is demonstrable evidence of a disruptive innovation. This talk will also highlight some of the examples of disruptive innovation in the oil and gas world taking deep science to field deployment through an agile technology maturation program.
Oceanit will also participate in two technical sessions, Well Cementing and Technology Development and Maturation, at the conference on May 4.