News

From October 24 to 26, the event organized by IBP will bring together experts from around the world to discuss technology, innovation, and the energy transition 

From today until Thursday, Rio de Janeiro will be the global hub for debate on offshore technologies in the oil and gas sector, bringing together experts and the industry’s leading companies at the Offshore Technology Conference (OTC) Brazil 2023, which advocates the need to expand production in a context of pressing energy security needs.  

At the opening session of the conference on Tuesday (10/24), the president of the Brazilian Petroleum and Gas Institute (IBP), Roberto Ardenghy, highlighted the importance of OTC Brasil in promoting technical discussions on the industry’s most pressing issues and showing the contribution of the O&G sector to society, with total respect for the environment and in line with the energy transition – which demands multiple energy sources.  

At OTC Brasil we will see a reinventing industry committed to the Brazilian and global communities. We are responsible for a large part of the energy that drives the world, and we want to continue doing so with respect for the environment as well as operational safety,” said Ardenghy. 

In a message recorded exclusively for OTC Brasil, the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), HE Haitham Al Ghais, stressed the need to increase oil production due to growing demand and Brazil’s role on the global stage. “The demand for oil will reach 116 million barrels per day by 2045 and, in order to meet this consumption, investments of US$ 14 trillion will be needed by then. I have no doubt that Brazil will continue to be at the forefront of the industry, contributing to the energy supply,” said Al Ghais. 

Carlos Travassos, Director of Production Development at Petrobras, showed that the company is increasingly focusing its efforts on technology. “We have received several awards for our innovations and this year we broke the record for patents filed. This sends an important message that we are building an innovation environment for the future, which will lead us down the path of a fair energy transition,” he concluded. 

Fabio Mitidieri, governor of Sergipe, which has been emerging as an important production hub, mainly due to the great potential of natural gas, stressed that the state is increasingly inserted in the energy market, with an innovative, unbureaucratic business environment that is open to new investments. “Sergipe wants to take part in discussions on the energy market, we have hydroelectric plants, solar plants, wind farms, and the best gas regulation in Brazil. We want to be partners with the private sector and build a new development environment,” he said. 

The vision of the sector’s regulating body shows that the country has a lot of potential to advance even further. Rodolfo Saboia, director general of ANP, the National Agency for Oil, showed how oil and gas production has grown in the country and the market opportunities for the coming years. “By 2025, we will exceed 4 million barrels/day of oil production, and, over the next five years, we will have another US$ 90 billion in investments in the industry. In addition, in December we will have the offer of areas in the Permanent Offer cycles, and we expect great results”. 

OTC Brasil runs until Thursday in Rio de Janeiro. The 2023 edition has the master sponsorship from Petrobras; platinum sponsorship from Shell and TotalEnergies; gold sponsorship from Ambipar, BP, Chevron, Equinor, ExxonMobil, Prio and RepsolSinopec Brasil; silver sponsorship from Enauta, Porto do Açu and TechnipFMC; bronze sponsorship from Corio Generation, Perbras, SBM Offshore, Tenaris, Tivit, Quorum Software and OceanPact; Decarbonization & Technology Arena sponsorship from Radix, ASME, TESS, GE, Huisman, Innovation Norway, PPSA, Bratecc, Shape and Wams; support as official airline operator from United Airlines; official carbon offset partnership from AMBIFY; ApexBrasil as the International Business partner; Blumar as the official tourism agency; B&T as the official foreign exchange broker; and partners such as Abimaq, Brazil-Texas Chamber of Commerce, RedePetro ES, SPE UNIFEI and Norwegian Energy Partners. The event also has the support of the Federal Government. 

Service: OTC Brazil 2023 

Date: October 24 to 26, 2023 

Local: ExpoMag, Rio de Janeiro 

Information on the last available tickets here