Rio de Janeiro, November 21st, 2023. Ocyan, the oil, gas, and new energies service provider announced its first Venture Capital Investment in a startup. The company now has a minority shareholding in Vidya Technology, a deep tech company that develops hardware, software, and artificial intelligence solutions for asset integrity and performance management.
Ocyan’s journey with Vidya Technology started in 2020. Since then, Vidya Technology has implemented applications for both the performance management of BOPs (Blowout Subsea Preventer) and the integrity management of FPSOs. In addition, the two companies are jointly developing a hardware for the management of corrosion under insulation (CUI).
According to Otavio Correa, CEO of Vidya Technology:
“Over the years our shared vision for a safer, more sustainable, efficient, and reliable future through technology became clear and evidenced the potential of strategic partnerships like this one”
In this collaboration, Ocyan demonstrates confidence in Vidya’s capabilities to deliver impactful solutions for the Industrial sector. Vidya, in turn, is committed to enhancing not only its partnerships and global project portfolio but also ensuring that new solutions developed will benefit its existing customers.This strategic cooperation not only extends Vidya’s impact globally but also reinforces our dedication to deliver innovative solutions in asset integrity and performance management, directly scaling the advancements for the benefit of our clients both in Brazil and around the world.
Ocyan is a company with a sustainable attitude and knowledge to provide solutions for the oil and gas and new energy industries in Brazil and around the world. Our role is to provide solutions for the offshore industry in the areas of production, through the Altera&Ocyan joint venture, subsea construction and decommissioning projects, as well as offshore maintenance and services. It also has a shareholding in the offshore drilling segment, through the new company, Foresea. Ocyan is also advancing in studies and projects related to new services and energies.
Vidya Technology’s mission is to enhance industrial operations by making them safer, more efficient, autonomous, and sustainable. With this purpose, the company combines engineering experience with expertise in hardware, software, and artificial intelligence to develop and implement solutions for the integrity and performance management of industrial assets. Among the company’s main clients are MODEC, Equinor, PRIO, Petrobras, Vale, and Schlumberger.
Business Development Representative, Vidya Technology
+55 (41) 3514-4980