OTC

The early enthusiasm for carbon capture and storage (CCS) is showing signs of strain as the limited capital availability and political support become clearer.

Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves.

In the wake of the falling number of exploratory wells in the country, Brazil-owned Petrobras addressed audience concerns as well as outlined new avenues for production at the Offshore Technology Conference.

Leaders at OTC 2025 warned that tariffs and supply chain strains threaten offshore project economics despite record global output.

The Offshore Technology Conference has announced the 2025 Spotlight on New Technology Award winners—nine game-changing innovations shaping the future of offshore energy. Join the celebration at 1600 CDT on Monday, 5 May, at the NRG Center, Houston.

The CEO and North America research director for Rystad Energy shares insights from a 3-year Knowledge Partnership between the global consultancy and OTC.

The SPE Asia Pacific and OTC Asia team recently completed a series of courtesy visits in Indonesia, reinforcing their commitment to strengthening ties with key industry stakeholders. These engagements highlight SPE’s ongoing efforts to align regional priorities and collaborate on opportunities that shape the future of the energy sector.

Commercial diver Chris Lemons will speak at this year’s conference for an exclusive keynote recounting one of the most extraordinary survival stories in the history of offshore operations.

Nine companies, including one small business, were recognized this year for their demonstrated advancements in the industry.

The Emerging Leaders Program recognizes young professionals with fewer than 10 years of experience in the offshore energy sector. This year’s class will be honored during a special ceremony during the conference on 6 May.