Marine Technology Reporter Blogs - engineering

ATIVA is a Braziliam company that develops and provides innovative technologies in Subsea Engineering. It is one of the spinoffs of the Genensis Institute run by the Pontifical Catholic University of Rio de Janeiro (PUC). The Genesis Institute is an incubator for companies in the social, cultural and technological sectors. ATIVA develops solutions to the constant technological challenges encountered in deepwater O&G operations. The company has been a standout in developing ROV operated tools, designed for deepwater inspection and intervention, with an eye at competing for the many subsea field development contracts on offer in Brazil and abroad.

Petrobras supply chain to receive an unheard of $1.8 billion (R$3 billion) in financing by major national banks.The $1.8 billion in financing for the Petrobras supply chain, which has never occurred before, will be undertaken by the biggest banks operating in Brazil, through the Progress Program (Programa Progredir). The banks involved in the financing operation are Bradesco, Banco do Brasil, Santander, Caixa Economica, HSBC and Itaú. The targets are the 34 thousand direct suppliers and 216 thousand indirect suppliers for Petrobras. The goal is to preferentially beneficiate the small and medium companies that supply equipment and materials to Petrobras´ direct suppliers.