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www.seadiscovery.com Vol. 56 No. 3 ISSN 1559-7415USPS# 023-276118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271Marine Technology Reporter ISSN 1559-7415 is published monthly except for February, August, and December by New Wave Media, 118 E. 25th St., New York, NY 10010-2915. Periodicals Postage at New York, NY and additional mailing ofÞ ces. POSTMASTER: Send address changes to Marine Technology Re- porter, 850 Montauk Hwy., #867, Bayport, NY 11705 Postmaster send notiÞ cation (Form 3579) regarding undeliverable magazines to Marine Technology Reporter, 850 Montauk Hwy., #867 Bayport, NY 11705 Publishers are not responsible for the safekeeping or return of editorial material. © 2013 New Wave Media. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise without the prior written permission of the publishers. Subscription: To subscribe please visit www.seadiscovery.com/subscribe MemberEditorial www.seadiscovery.com NEW YORK118 E. 25th St., New York, NY 10010 Tel: (212) 477-6700; Fax: (212) 254-6271 FLORIDA215 NW 3rd St., Boynton Beach, FL 33435Tel: (561) 732-4368; Fax: (561) 732-6984 PUBLISHER John C. O?Malleyjomalley@marinelink.comAssociate Publisher & EditorGregory R. Trauthwein trauthwein@marinelink.comContributing Editors Capt. Edward Lundquist, USN (Ret.) Claudio PaschoaProduction ManagerIrina Tabakina tabakina@marinelink.comProduction & Graphic DesignNicole Ventimiglia nicole@marinelink.comSales Administration & OfÞ ce Manager Rhoda Morganmorgan@marinelink.comSales & Event Coordinator Michelle Howard mhoward@marinelink.comManager, Accounting Services Rhoda Morgan morgan@marinelink.comManager, Public Relations Mark O?Malleymomalley@marinelink.comManager, Marketing Jocelyn Redfernjredfern@marinelink.comManager, Information Technology Services Vladimir Bibikbibik@marinelink.comCIRCULATION Kathleen Hickeymtrcirc@marinelink.comADVERTISING Vice President, Sales and MarketingRob Howardhoward@marinelink.comTel: (561) 732-4368 Fax: (561) 732-6984 Advertising Sales Manager Lucia M. Annunziataannunziata@marinelink.comTel: (212) 477-6700 Fax: (212) 254-6271 Mike Kozlowskikozlowski@marinelink.comTel: (561) 733-2477 Fax: (561) 732-9670 JapanKatsuhiro Ishii amskatsu@ dream.comTel: +81 3 5691 3335 Fax: + 81 3 5691 3336 Gregory R. Trauthwein, Associate Publisher & Editor of Marine Technology Reporter. Email: trauthwein@marinelink.com Brazil takes center stage of this edition of Marine Technology Reporter , our Annual Offshore edition. While many of you are already active or actively pursuing opportunities in Brazil?s subsea business, the country remains a conundrum for many, as the process to establish a business there is often long, arduous and expensive. Here and around the world, the off- shore energy business has been a major driver of the world economic recovery. To help put things in perspective I share with you an exclusive report authored by Jim McCaul of IMA. For those of you not familiar with McCaul?s work in this sector, he is an offshore Floating Production System guru of sorts, producing his Floating Production System Report for more than 15 years. You can read the full story starting on page 22, or for those in need of the full-style 226-page report, you can Email McCaul at imaassoc@msn.com. But there are several key takeaways: - 40%: IMA forecasts the Floating Production System Sector will grow 40% between 2013 and 2017, a projected need of 124 to 190 additional production oaters in this time- frame.- 77: The number of production oaters on order, which is an all-time high. - 55: Brazil is the largest location in terms of oating production systems in operation with 55, including 35 FPSOs, 18 production semis and two FSRUs. That last factoid is a perfect segue to a pair of articles in this edition from Claudio Pas- choa, MTR?s contributing editor located in Rio de Janeiro. This month Paschoa takes MTR on a stroll through the hallways and research labs of CENPES, which is Petrobras? in- house R&D center, home to 238 PhD researchers, 496 MSc researchers and nearly 1,900 employees throughout 227 laboratories. As Petrobras is the driver to Brazil?s offshore oil and gas business, CENPES is a driver of Petrobras? massive investment in the technolo- gies to ensure ef cient and safe production. Paschoa?s second story is a shift in gears, from a global corporate behemoth (Petrobras) to ATIVA, a small, ve-person subsea solutions company founded in 2006. In reading the story I think that many MTR readers will relate, as it is the story of two innovative people with an innovative idea, that have invested, grown the business and are now looking for additional investment to grow further faster. As partnering with a local company is often the quickest means to penetrate the Brazilian market, perhaps one or more of you will nd yourself intrigued by the ATIVA story. Credit: Petrobras April 20136 MTRMTR #3 (1-17).indd 6MTR #3 (1-17).indd 64/4/2013 10:37:20 AM4/4/2013 10:37:20 AM