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New Edition of the Waves Challenge Proposes Technological Solutions for Refunds and Offshore Shipments, with Selection in June and Immersion in July
Ocyan, a reference in the oil and gas sector in Brazil, has opened registrations for the fifth edition of the Waves Challenge, a program structured to integrate startups into its innovation ecosystem.
The 2025 edition presents two main challenges, identified as critical by the company: automation of refunds and intelligent digitization of documents for offshore shipments.
Since registrations began on June 5, 2025, the initiative has been engaging startups from across the country.
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The scouting phase will conclude on June 18. On June 30, selected companies will present solutions at the pitch day.
The best proposals will move forward to the immersion week, scheduled for July. In December, after pilot tests and performance evaluation, Ocyan will determine which projects will proceed to the contracting stage.
Automated Refunds and Optimized Shipments
The first challenge of the edition aims to address bottlenecks in the refund flow, which is still done manually.
Currently, the low level of automation leads to delays in approvals, overloads the compliance team, and increases the risks of operational failures.
The desired solution should apply image recognition to PDF documents, classifying values automatically and accurately.
The proposal aims to accelerate processing, avoid errors, and ensure compliance with internal policies.
This process reduces costs and improves operational efficiency.
The second challenge focuses on validating documents sent for offshore shipments.
According to Galvão, the current model based on emails and low-quality images causes delays, shipping impediments, and additional costs for replacements.
The expected solution includes artificial intelligence to detect and correct imperfections, ensuring standardization without the need for manual guidelines.
Recognition History and Impact
The Ocyan Waves Challenge is part of a broad open innovation program initiated in 2019.
The company also conducts the Booster, aimed at acceleration and co-development with startups.
By 2024, more than 800 startups had been mapped.
About 30 pilot projects were tested, with 70% of them moving to contractual phases.
This trajectory has given Ocyan prominence in the TOP Open Corps Ranking, promoted by 100 Open Startups.
Since 2021, it has been among the 100 companies with the best relationships with startups.
In 2023, it ranked as the second-best in the oil and gas sector.
In 2024, it entered the top 5 most active companies in open innovation practices.
The program allows startups to validate their technologies in real scenarios, increasing their market maturity.
Moreover, it enables strategic partnerships for technological solutions and integration into major value chains in the offshore industry.
Robust Structure and Diverse Operations
Ocyan has been operating for decades with excellence in services for the oil and gas Upstream sector.
It stands out as the only Brazilian company operating FPSO units in a joint venture with Altera Infrastructure.
Currently, it maintains contracts with the Libra, Karoon Energy, and Brava Energia consortia.
In the Subsea segment, the company works on complex projects, including decommissioning underwater structures in deep waters.
Additionally, the company executes EPCI projects, such as the revitalization of the gas grid in the Campos Basin, through a consortium with Mota-Engil.
Simultaneously, the company is evaluating its entry into offshore wind energy projects, thus integrating new solutions with its already established expertise.
Finally, in Macaé, it maintains an operational base focused on offshore services, including engineering, maintenance, painting, manufacturing, and digital technologies.
Projections and Next Steps
With a well-structured selection process that includes registrations in June, followed by immersion in July and final decisions in December, the 2025 edition of the Ocyan Waves Challenge presents itself as a true showcase of applied innovation.
The search for technological solutions not only addresses operational bottlenecks but also enhances the company’s positioning as a leader in innovation in the energy sector.
By investing in startups with proposals aligned to its demands, Ocyan reinforces its commitment to digital transformation.
Furthermore, the company demonstrates a continuous focus on efficiency and, above all, on the sustainability of offshore operations.
The expectation is that the partnerships established in 2025 will generate lasting impacts, both for the company and for the new participating firms.
After all, those who innovate together transform faster.
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