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Ocyan Stands Out as a Leader in Open Innovation with Startups in Latin America

Written by Corporate
Published 24/10/2024 às 10:04
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Ocyan stands out in open innovation and connection with startups in the Oil & Gas sector, reaffirming its continuous commitment to technological solutions.

Ocyan excels in the field of open innovation, strengthening its ability to establish meaningful connections with startups within the Oil & Gas sector. This innovative approach reaffirms Ocyan’s commitment to implementing advanced technological solutions, securing a leadership position among the organizations that best engage with startups in Latin America, as highlighted by the TOP 100 Open Corps 2024. This recognition demonstrates Ocyan’s continued ability to foster collaboration and innovation.

For Ocyan, being honored with such an award for the fourth consecutive time highlights the company's dedication company in nurturing a collaborative ecosystem. The award recognized by Patrícia Grabowsky and CEO Jorge Mitidieri on behalf of the organization reinforces Ocyan’s vision for the future. Through strategic partnerships with startups, Ocyan is continually shaping technological development in the energy sector. Believing in the power of collaborative innovation, Ocyan continues to set new standards in the regional and global market.

Open Innovation Recognition

Rio de Janeiro, October 21, 2024 – Ocyan, a prominent organization in the oil and gas sector, has been highlighted as one of the top five companies in open innovation practices in the renowned TOP Open Corps 2024 Ranking. The recognition, which was revealed on Thursday, identifies companies that have excelled in open innovation through strategic relations with startups both in Brazil and Latin America.

Commitment to Innovation

This award is a reaffirmation of the ongoing commitment of Ocyan with innovation, collaboration and excellence in the development of technologic solutions advanced. 'We are extremely honored to be recognized once again in the 100 Open Corps ranking. This demonstrates our relentless effort and ongoing commitment to innovation,' said Patrícia Grabowsky, Executive Manager of People and Innovation at Ocyan.

The company's actions are based on strategic relationships with startups, involving hiring, partnerships and the co-development of sophisticated technological solutions. The goal is not only to meet the demands of the sector, but also to promote a more sustainable and efficient future. The award was the result of an evaluation of the companies' initiatives in the period from June 2023 to June 2024, reflecting the effectiveness of Ocyan's innovation strategies.

Strategic Initiatives and Innovation Programs

Among the initiatives highlighted is the closure of the Ocyan Waves Booster program, created to accelerate startups and which aims to develop them as potential partners for innovative solutions for the oil and gas market. All four startups participating in the 2023 cycle advanced to the structuring partnerships with Ocyan.

Additionally, the company reintroduced the Ocyan Waves Challenge for the 2024 edition, where it received over 180 applications from mature startups to take on internal challenges.

Nexio Launch and Strategic Partnerships

Another significant milestone was the launch of the Nexio brand in collaboration with the consultancy EloGroup. This is an innovative platform of digital products and services, which promotes connection with startups to offer integrated technological solutions focused on performance management, operational intelligence and energy efficiency.

These initiatives have allowed Ocyan to not only improve its internal processes, but also to effectively collaborate in the overall advancement of the sector. Since 2019, the company has been engaging with startups through the Ocyan Waves program, which has already mapped more than 500 startups and completed more than 30 pilots.

Partnerships and Investment in Startups

In 2023, Ocyan entered into a strategic investment agreement with Vidya Technology, a startup specializing in asset integrity. “Vidya came to us through the Ocyan Waves Challenge a few years ago,” said Patricia Grabowsky. This investment resulted in the acquisition of a minority equity stake, allowing Vidya to leverage Ocyan’s assets and technical expertise to implement new innovative projects.

Evolution and Recognition in the Ranking

Ocyan’s awards history illustrates its continued excellence. In 2021, when it entered for the first time, the company reached the top 3 in the Oil & Gas category. In 2022, it moved up to the Top 50, reaffirming its growth. Remaining in the Top 3 in the category and taking second place last year, Ocyan faces the increasing competition of the 100 Open Corps ranking, highlighting open innovation practices in Brazil.

Future Commitment

Ocyan remains committed to investing in strategic partnerships and developing innovative solutions that promote its growth and contribute to a more sustainable future. This dedication is a hallmark of the company's trajectory, ensuring its leading role in the market.

Ocyan's History and Areas of Activity

Ocyan has decades of experience in providing quality services and technical capacity to the upstream oil and gas sector. In OFFSHORE PRODUCTION, the company is the only Brazilian operator of FPSOs, currently operating four units in a joint venture with Altera Infrastructure, with long-term contracts with important consortia. In addition, its expertise in UNDERWATER CONSTRUCTION makes it a reference in the chartering and operation of PLSVs.

Ocyan is also involved in subsea decommissioning projects and notable EPCI projects, such as the revitalization of the Campos Basin gas network. The possibility of expanding into the Offshore Wind energy sector is considered in synergy with other activities.

Presence in Macaé and Diversified Services

In Macaé, Ocyan's SERVICES and Digital Business and Technologies area serves the Offshore Maintenance and Services market, encompassing engineering, supplies, manufacturing, assembly, inspections, maintenance, repair and painting. In addition, it offers digital and technology services, reinforcing its commitment to operational efficiency and continuous innovation.

Source: OCYAN Press

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