The OTC Brasil trade fair advances as an international hub for discussions on the energy transition and brings together global market players
In addition to expecting a 40% increase in the total number of participants when compared to the last edition, OTC Brasil 2023, which runs until Thursday the 26th, is advancing as the international hub for discussions on energy transition, renewable energy and decarbonization solutions. With an exhibition area of 9,400m², more than 180 companies are showcasing their sustainable innovation projects for the energy sector as a whole and not just the oil and gas sector.
“We’re holding an event that doesn’t just belong to the Oil and gas sector but to the Energy sector. Cross-sectionality and integration are on the horizon in the event market, which brings together the best ideas from the sector’s players. Here, the public can access cases on the future of energy developed by partners such as TotalEnergies, Porto do Açu, ExxonMobil, bp, Ambipar, Repsol Sinopec and many others,” says Roberto Ardenghy, president of IBP.
Thanks to the Institute’s expertise, the public is in for a robust international meeting of the sector: in the first two days of the OTC alone, more than 15,000 people were welcomed – the equivalent of the total number for the 2019 edition – with another 6,000 expected by the time it closes. There will be participants from 69 countries and 114 national and international speakers, highlighting the increasing diversification of market players and a focus on sustainable resources. Below we have some of the highlights of the fair in this 2023 edition:
IBP
With a focus on broadening the debate on decarbonization, IBP has launched the Decarbonization and Technology Arena, a space that showcases current initiatives and inspires the creation and acceleration of programs in this context. “We designed this area to share what the industry is already doing to contribute to an increasingly decarbonized energy grid, leading concrete and impactful projects,” explains Victor Montenegro, executive manager of Events and New Business at IBP.
The schedule of the Arena includes topics such as Norway’s contributions to decarbonization for the maritime sector in Brazil, the Net Zero journey in the O&G sector and the future of offshore wind energy.
Ambipar
Ambipar Group, a leading Brazilian multinational in environmental management, is sharing with the public its commitment to the sustainable development of the economy and the continuous improvement of its clients’ ESG indicators. Through the Ambipar Response vertical, the company operates in crisis management, industrial services, and emergency response with a team of specialists internationally certified to act in a simultaneous, scalable, and standardized manner.
For the CEO of Ambipar Response, Rafael Espírito Santo, being present at OTC Brazil is a unique opportunity to showcase the company’s varied portfolio of solutions to the global market. “We have maritime support resources to tackle oil spills, teams made up of biologists, oceanographers, geologists, and engineers for fauna and flora restoration, licensing, risk studies, environmental monitoring programs, and emergency response. Our solutions complement each other to protect and preserve the environment,” he says. In addition to Ambipar Group’s sponsorship of OTC Brazil, the company is offsetting carbon emissions from the entire event through Ambify.
bp
In Brazil for 50 years with a diversified portfolio that includes biofuels, aviation and marine fuels, upstream exploration, natural gas, trading, and solar energy, distributed between its own operations and joint ventures, bp reinforced to the congresspeople that it believes in the great Brazilian potential to be explored with the energy transition. “Our Upstream strategy is to produce what we call resilient hydrocarbons, and our vision is that we need to focus on high-quality oil and gas production with reduced emissions and, at the same time, look for new opportunities in low-carbon businesses,” says Angelica Ruiz, Senior Vice President for Latin America, and President of bp in Brazil.
Porto do Açu
Mauro Andrade, Director of New Businesses at the Port of Açu, emphasizes how the oil and offshore sector plays a key role in ensuring the transition. “In our area here at OTC, we work on a wide range of topics, in addition to oil and gas. We’re talking about intelligent electrical systems, renewable energies, about synergies between future offshore wind projects and the oil and gas area,” says Mauro, defending the expansion of the scope during OTC. He explains that over the next 10 years, R$20 billion will be invested in innovative projects, half of which should go to transition-related projects such as green hydrogen, manufactured products and decarbonization of the steel industry.
The executive also shared where the company is headed. “We’re still an oil and gas and mining hub, but our ambition, which is already very detailed, is to be an energy transition port industry,” he said. To achieve this goal, Porto do Açu is relying on concrete actions such as, for example, a photovoltaic solar generation plant within the port; studies to build green hydrogen generation pilot projects and others.
Innovation Norway
Raquel Filgueiras, Latin America advisor for the O&G and Naval sectors at Innovation Norway, which is the Norwegian government agency dedicated to promoting exports, explains that the institution is presenting initiatives aimed at innovation and sustainable business practices at the OTC through seven companies that are present at the organization’s stand. “Technical and scientific cooperation between Brazil and Norway can contribute to the development and research of technologies related to green marine fuels, fostering the exchange of knowledge and experiences, and promoting joint advances in the field of clean energy in the naval sector,” she says.
In addition, based on its offshore know-how, Innovation Norway promoted a panel in the IBP Decarbonization Arena to debate the study on “Decarbonization Alternatives in the Maritime Sector in Brazil: Contributions from Norway”, which was moderated by IBP’s Downstream Executive Director, Valéria Lima, and featured panelists such as the Executive Director for Brazil of the Norwegian Shipowners’ Association (ABRAM), Ricardo Fernandes; DNV’s New Business Development Manager for Latin America, Jonas Mattos, and CEBRI’s Senior Fellow, Rafaella Guedes. They discussed the investments in innovation and technology, support policies and collaboration along the value chain that will be essential to drive the adoption of low-emission solutions for ships.
TotalEnergies
The French company TotalEnergies is presenting its multi-energy portfolio and technologies for Brazil and worldwide, aimed at new energies and reducing emissions, at the OTC trade fair. “The fair allows us to discuss paths towards a sustainable energy transition, showing how focused we are on developing technologies that allow us to increase production and reduce costs and emissions,” says Charles Fernandes, General Director of TotalEnergies in Brazil. “Every year, we dedicate around US$ 1 billion to Research and development and innovation worldwide. In Brazil alone, we invest more than R$400 million in 80 research, development, and innovation projects, almost 50% of which is directed towards new energies and reducing emissions,” he adds.
Repsol Sinopec
Another major player in the sector, the company is taking advantage of OTC to publicize its decarbonization project, based on research and development. “We want to implement a hub of technologies in Brazil to reduce emissions. We are investing in the direct capture of carbon from the atmosphere, with the implementation, still unprecedented in Latin America, of the first equipment for the direct capture of CO2 from the air, through projects conducted in partnership with the Catholic University of Rio Grande do Sul and Senai Cimatec,” explains Cassiane Nunes, Support and Research Portfolio Manager at Repsol Sinopec.
OTC Brasil runs until Thursday in Rio de Janeiro. The 2023 edition has 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 Brasil 2023
Date: October 24 to 26, 2023
Venue: ExpoMag, Rio de Janeiro
Information on the last available tickets here.