The paper covers results of theoretical and experimental research of the process of forming speech competence of students of higher technical educational institution by means of educational dialogue while learning foreign languages. The actuality, expediency and investigation level of the problem in the context of pedagogical theory and practice have been analyzed. The principle of 'foreign-language professionally oriented speech competence of students of higher technical educational institution' concept has been formulated and scientifically substantiated. Its structure (socially oriented, professionally oriented, and business-oriented components) and the criteria of its development (acoustic speech perception (listening), visual speech perception (reading), oral speech realization (speaking), written speech realization (writing) have been outlined. The definition of 'educational dialogue' has been specificated; the stages of its organization in class (modeling, motivating, searching, disputing, concluding) as well as the levels of its implementation while teaching foreign languages (basic, intermediate, advanced, professional levels of a dialogization) have been emphasized. The organizational and didactic bases of speech competence formation process for students of higher technical educational institution with the help of educational dialogic means while learning foreign languages (conditions/terms, approaches, principles, methods, techniques, forms) have been improved. The results of the research generalization allowed to develop and implement for teaching and learning foreign languages the special course 'Speech aspect in a foreign language training of future technical specialists in the context of a competence paradigm' as well as the methodical recommendations 'Educational dialogue as didactic means to form speech competence for technical specialties students at foreign language classes'. Keywords: speech competence of students of higher technical educational institution, educational dialogue, a foreign-language professionally oriented speech competence of students of higher technical educational institution, criteria and levels to form foreign-language professionally oriented speech competence of students of higher technical educational institution, organizational and didactic bases of a foreign-language professionally oriented speech competence of students of higher technical educational institution, didactic conditions/terms to form speech competence of students of higher technical educational institution.