Our services
OTM can help you to understand the landscape you operate in today, decide your future strategy, then develop and deploy the technologies to get there successfully.
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+44 1372 631950
Market intelligence
Understanding market & technology opportunities, trends & risks.
We partner with operators, service companies and technology vendors to identify technological opportunities and threats, and provide analysis and recommendations to support their strategic R&D investment decisions. Underpinning these are our robust processes for capturing current and future demands, understanding the competitive landscape and identifying breakthrough technologies in other sectors with potential for application in oil & gas.
- Market insights & future trends
- Competitor benchmarking & supply chain landscaping
- Technology needs analysis & end-user engagement
- State-of-the-art analysis & future technology options
Do current technology development trends align with our future asset needs?
A major IOC wanted to understand their 10-year-ahead technical requirements for floating systems. Our review of current FPSO turret swivel technology and vendor capabilities enabled our client to define what it would take to increase swivel capabilities and the possible emergence of a gap that might put future FPSO projects at risk.
Technology strategy
Deciding which technologies to invest in and how.
Our approach to technology strategy is highly collaborative and E&P specific. We work closely with clients to consider solutions to challenges in areas such as intellectual property, competitive stance, innovation, market entry and growth, and develop a strategy that best fits their business objectives, culture and technological requirements.
- Why – technology visions & innovation strategy
- What – R&D portfolio characterisation, analysis & optimisation
- How – strategy implementation planning
- When – technology roadmap definition
Are our investments in R&D delivering value and achieving our technology vision?
A major IOC wanted to review its R&D portfolio in one of its highest investment areas. Working with R&D theme leaders, we developed and implemented a standard process to review their R&D project portfolio. We analysed the portfolio, identified high-value gaps and delivered a refined portfolio with clear story on the value it adds to the business and how it will deliver this.
Technology development
Providing support throughout the development cycle of innovative technology solutions from concept creation through to proof of principle, and transfer to manufacture.
Working closely with our sister company, Sagentia, we have an established track record working with service companies, oil majors and start-ups to create concepts and proof of principles as well as developing prototypes and carrying new products through to full commercialisation in the oil & gas market – with a very client-friendly approach to IP. This includes areas such as condition monitoring to support the drive for improved asset integrity, and integrating automation and control in particular for remote locations or where humans can be taken out of the loop to mitigate health & safety risks.
- New product concepts, scientific analysis & technical feasibility
- Proof of principle, detailed design & technical risk reduction
- User-dedicated prototypes, transfer to manufacture support with a focus on faster time to market
Can we build a system that can identify when a fault is developing in a subsea electrical cable?
A service company was considering developing a new product for monitoring their subsea power and control cables and wanted an in-depth understanding of existing techniques, including performance in a real system. We screened ten techniques and modelled three of the most promising ones to demonstrate their potential performance in an actual cable.
Technology commercialisation
Challenging and improving commercialisation activities to ensure technologies are applied faster and more effectively.
We work with our clients to ensure that commercialisation pathways are envisaged and secured. Crucial to this is a clearly defined and understood business plan; a well-articulated value proposition; strong and consistent end-user involvement; supplier skills to develop and apply the technology; and effective commercial risk management. We ensure your technology development programme can be planned and executed successfully, including the selection of development and delivery partners, field trial/pilot hosts and key clients, and provide analysis around the likelihood and consequences of technical risks and how this drives effective commercialisation planning.
- Business case definition & confirmation
- Technology maturation planning & qualification
- Commercial risk identification & reduction
Does our business proposition align with the needs of our potential end users?
A Norwegian company developing a novel water treatment technology was looking for help in developing a route-to-market strategy and execution plan. We drew on our diverse range of contacts and expertise in the oil and gas industry to facilitate engagement with over 10 oil companies worldwide; confirming market demand and needs, and highlighting field trial opportunities.
Our clients
Find out more about some of the challenges we've helped our clients with.
Sectors
We have extensive knowledge of upstream and midstream domains and related technologies, based on more than 22 years’ experience and 400 projects worldwide.