Toward 2025: The Transformative Changes in the Oil and Gas Industry

Written by Corporativo

Published on 18/05/2023 at 12:10

Updated on 18/05/2023 at 15:58

Fonte: Divulgação

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Directing Billions to Brazil’s Future Energy

The oil and gas industry in Brazil plans to mobilize an estimated R$ 102 billion in investments by 2025, according to joint forecasts from the Brazilian Association of Oil Service Companies (Abespetro) and Deloitte. However, the disbursement of these funds must be guided by insightful strategies that not only optimize financial return but also mitigate environmental impact.

In this article written by Augusto Borella, technology director at Viasat, INTELIE, we address three significant trends that are set to shape the industry landscape in the coming years.

The Awakening of Energy Transition

Energy transition is reshaping the way we view energy production and consumption. The urgency for cleaner and more sustainable energy sources, such as solar and wind, is growing at an unprecedented pace globally, pressuring governments to adopt policies that foster a low-carbon economy.

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In 2022, the accelerated pace of change culminated with the approval of the Inflation Reduction Act in the United States (IRA), an action that provides billions of dollars and incentives for initiatives that penalize major emitters.

Brazil is also following the march toward greener practices. According to a study conducted by the Climate Observatory, although Brazil is classified as the fifth largest emitter of greenhouse gases, the forecast is for a 36% reduction in emissions by 2030.

Betting on the Technological Revolution

Technology emerges as a key enabler, helping companies maximize efficiency in oil production and minimize operational costs. The main barrier to be overcome lies in data integration and security, which are the foundations of process automation and artificial intelligence (AI).

As companies embark on the journey of digital maturity, a first step is to gather all data on a single platform, followed by a more focused emphasis on the quality of the data collected.

Furthermore, the interaction between humans and technology must be optimized, which implies investing in strategies that connect professionals to digital tools that simplify their daily activities and enhance their effectiveness.

Toward 2025: The Transformative Changes in the Oil and Gas Industry

Directing Billions to Brazil’s Future Energy

The Awakening of Energy Transition

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Betting on the Technological Revolution

Where there was only sand and wind at 40 degrees, China built a megacity of 500,000 inhabitants with farms, wineries, and universities in the middle of the desert using melted glacier water from hundreds of kilometers away.

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

With over 15,000 tons, radars capable of tracking hundreds of targets simultaneously, and more than 120 missiles ready for launch in seconds, modern destroyers cease to be escorts and begin to dominate the naval battlefield.

The radio has been in more than half of Brazilian households for decades, and in 2024, for the first time in history, the number of households without a device surpassed those with a device, with a decrease of 2.3 million in just one year.

China banned the export of 22 tons of meat from Argentina.

Scientists create a semiconductor that mimics the human brain using hydrogen and boost a new generation of smart chips with learning capabilities and the potential to revolutionize artificial intelligence applications.

USA and China compete for Brazil over resources that could be worth trillions — rare earths put the country at the center of a global dispute

Motorola launched the Signature with a gold seal from DxOMark, tying with the iPhone 17 Pro in camera performance, Snapdragon 8 Gen 5 that surpassed 3 million in benchmarks, and a zoom that impresses even at night.

Satellites reveal beneath the Sahara a giant river buried for thousands of kilometers: study shows that the largest hot desert on the planet was once traversed by a river system comparable to the largest on Earth.

The government requests the Federal Revenue Service for a new system to automate the income tax declaration, reducing errors, time, and bureaucracy for millions of Brazilians.

With 74% of companies facing difficulties in hiring, technicians and engineers in renewable energy are becoming scarce in Brazil and are essential to support the expansion of solar, wind, and green hydrogen projects.

Toward 2025: The Transformative Changes in the Oil and Gas Industry

Directing Billions to Brazil’s Future Energy

The Awakening of Energy Transition

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Betting on the Technological Revolution

Where there was only sand and wind at 40 degrees, China built a megacity of 500,000 inhabitants with farms, wineries, and universities in the middle of the desert using melted glacier water from hundreds of kilometers away.

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

With over 15,000 tons, radars capable of tracking hundreds of targets simultaneously, and more than 120 missiles ready for launch in seconds, modern destroyers cease to be escorts and begin to dominate the naval battlefield.

The radio has been in more than half of Brazilian households for decades, and in 2024, for the first time in history, the number of households without a device surpassed those with a device, with a decrease of 2.3 million in just one year.

China banned the export of 22 tons of meat from Argentina.

Scientists create a semiconductor that mimics the human brain using hydrogen and boost a new generation of smart chips with learning capabilities and the potential to revolutionize artificial intelligence applications.

Oncorp wins auction and enables biodiesel and gas thermal plants in Brazil, with strategic projects in Suape and Xavantes Aruanã.

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Credicom Set A Historic Record With R$ 224 Million in Surplus and Nearly R$ 10 Billion in Assets

USA and China compete for Brazil over resources that could be worth trillions — rare earths put the country at the center of a global dispute

Motorola launched the Signature with a gold seal from DxOMark, tying with the iPhone 17 Pro in camera performance, Snapdragon 8 Gen 5 that surpassed 3 million in benchmarks, and a zoom that impresses even at night.

Satellites reveal beneath the Sahara a giant river buried for thousands of kilometers: study shows that the largest hot desert on the planet was once traversed by a river system comparable to the largest on Earth.

The government requests the Federal Revenue Service for a new system to automate the income tax declaration, reducing errors, time, and bureaucracy for millions of Brazilians.

With 74% of companies facing difficulties in hiring, technicians and engineers in renewable energy are becoming scarce in Brazil and are essential to support the expansion of solar, wind, and green hydrogen projects.