The Ministry of Trade, Industry and Energy (MOTIE) and the Korea Trade-Investment Promotion Agency (KOTRA) will participate in the Offshore Technology Conference (OTC), to be held in Houston from May 4 to 7, the agency said Saturday.
The two organizations will open a showcase Korea Pavilion at the exhibition, displaying products and technologies from 12 Korean shipbuilding and offshore equipment companies specializing in liquefied natural gas (LNG) and cryogenic environment solutions, eco-friendly and decarbonization technologies, and ultra-precision control systems. One-on-one export consultation sessions will also be arranged to facilitate actual business deals.
Held annually in Houston since 1969, the OTC is one of the world's leading B2B exhibitions and conferences in the offshore energy sector. This year, around 1,300 companies from more than 100 countries will set up exhibition booths, with over 30,000 industry professionals expected to attend.
"At a time when Korea-US shipbuilding cooperation is being closely discussed at the national level, a favorable environment is being created for our equipment companies to strengthen their foothold in the US market," said Kim Kwan-mook, KOTRA Vice President and Head of the Economic and Trade Cooperation Division. "We will leverage our local network to identify market opportunities in advance and work with specialized institutions to systematically support equipment companies in entering the North American supply chain."
