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Brazil’s oil and gas industry is set for a challenging future.

Technology Radar 2018 reveals the technology and innovation megatrends for the region’s future.

This week at O&G Techweek 2018 in Brazil, LR in partnership with IBP are unveiling the key megatrends that are redefining the region’s oil and gas industry. But, as the latest survey results show while there is optimism there is still a long way to go. The survey highlights that just 7% of respondents had met or exceeded innovation goals in the last two years!

The exclusive Technology Radar report canvasses industry opinion in Brazil and this survey has mapped trends related to innovation in the oil and gas industry. The survey asks what the biggest barriers to innovation are. It also indicates a new low carbon theme is emerging where renewable energy alternatives to oil and gas are being considered as part of Brazil's medium-term development for a cleaner, efficient and more balanced energy mix.

Refer to the infographic below for a summary of the key findings or take a look at the full  2018 Brazil Technology Radar Results.

You can also find out more about the event run by IBP at www.ogtechweek.com.br

These unique insights show industry professionals how they need to address the challenges in Brazil to better sustain Brazil's global positioning as a key energy provider.

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