“The creation of the Subsea 4.0 concept is more than apply technologies, is the way we work, the means. The digital transformation is fundamental to keep the breakeven price competitive and to make a smooth transition to a low carbon economy”, said Orlando Ribeiro, from Petrobras, at the opening session.

Nowadays, the oil and gas industry competes not only with American shale oil, but also with renewable energy. However, according to specialists, the fossil fuel shall remain relevant to the global energy matrix in the long term, having its demand peak expected to 2030 and 2040. According to Marco Biseli, from Boston Consulting Group, the global energy demand will be of 17.600 Mtoe. From this total, oil will be the main energy source (27%), followed by natural gas (25%).

“Brazil has an impressive potential to supply this demand, but how to assure competitiveness? I would say the central aspects are technology, digital and analytics. The digital transformation is capable to turn deepwater even more competitive and, especially in Brazil, lead to a bright future”, affirmed Biseli. “In the last years, I have been working on many projects of digital transformation, but none of them related to the oil and gas industry. Is really good to see the industry awakening to this demand”, added.

The challenges, though, are still meaningful. As reported by Marcio Affonso, from BHGE, 97% of companies did not develop yet the ability to convert collected data to insights, to intelligence. To Brian Skeels, from TechnipFMC, the key word is risk. “If a company invest 1 million or 1,5 million in a project, it is not able to speculate and lose its investments – and the new technologies mean risk, doesn’t have all capacity certified. If we reduce the costs of subsea projects, the companies will be more encouraging to run the risk”, declared.

The Subsea Forum 2018 was sponsored by Petrobras, Aker Solutions, Subsea Integration Alliance, Total, Tracero and 4Subsea.

In its fourth edition, Subsea Forum is an opportunity for professionals to exchange knowledge and experiences that can bring benefits to the subsea segment. The Organizing Committee developed a programme aiming to promote debates on how to increase process efficiency with safety and cost reduction in projects.

During the three-day event, the conference will address the current scenario of the subsea segment; the digital revolution in subsea, with case studies of digital transformation; field operations and integrity management, with the proposition of new inspection and monitoring technologies; late life management, focusing on how to get more and minimize impacts in existing infrastructure; the dilemma standardization vs. fit for purpose when it comes to system solutions; and the competitiveness of the subsea Brazilian industry facing the global market, including discussions on contract models, regulation, taxes, logistics and commercial models.

Get details about registration and the complete schedule at the event´s website.

Subsea Forum Rio 2018

Date: June 05-07 | 2018

Venue: Windsor Florida Hotel – Flamengo – Rio de Janeiro, RJ – Brasil

Horário: 8 am to 6 pm

Language: English

Click here for registration.

In this scenario, the IBP – Brazilian Institute of Oil and Gas, in partnership with Brazil and Macaé sections of the “Society of Petroleum Engineers” – SPE, are going to held once again in Brazil the Subsea Forum Rio, with the theme “Breaking New Records” in reference to the challenge of cost efficient scale production for large deepwater oil reserves.

In its third edition, the forum, held every two years, becomes an opportunity for users and national and international experts to share experiences and promote new initiatives that will bring benefits to the subsea segment.

Focused on subsea oil production systems, the event will address the situation of technologies and experiences related to equipment, processing systems, pipelines, risers and subsea umbilicals, subsea intervention, development of new fields and revitalization of production systems, production management and integrity and decommissioning of subsea systems.

Do not miss the unique opportunity to discuss with national and international experts the best initiatives in the subsea segment!