Ribeiro: One of the most important lessons is that scale and complexity can only be managed through continuous innovation and close collaboration across the value chain. The Brazilian presalt challenged the industry with ultradeepwater environments, high pressures, high CO₂ concentrations and increasingly demanding production targets.

Over the past 15 years, the industry has learned the value of standardization, industrialization and integrated execution models that reduce interfaces and improve delivery certainty. We have also seen that local engineering, manufacturing capacity and long-term investment in technology are critical to sustaining large-scale offshore development.

For companies like TechnipFMC, which has operated in Brazil for 70 years, the growth of the presalt reinforced the importance of building capabilities close to the market. Large-scale projects and long-term demand have supported sustained investments in local manufacturing, engineering expertise, workforce development and technology qualifications. More than a decade ago, major subsea awards helped accelerate this industrial development, creating capabilities that continue to support offshore projects today.

As a result, Brazil has become not only one of the world's leading offshore producing regions, but also a global center for the development, manufacturing and deployment of advanced subsea technologies. The experience gained here is shaping solutions that can be applied in offshore basins around the world.

Offshore: As operators work to reduce emissions from offshore activities, what practical opportunities do you see for lowering the carbon intensity of deepwater field developments without compromising reliability or production performance?

Ribeiro: The most effective solutions are those that improve both operational and environmental performance. The industry is increasingly adopting technologies that reduce emissions intensity while helping operators maximize production efficiency and asset utilization.

One example is the subsea processing solution being deployed on Petrobras' Mero 3 project. Through our partnership with Petrobras, we are helping execute a pioneering decarbonization initiative that will enable subsea separation and reinjection of CO₂-rich streams, illustrating how innovation can simultaneously support emissions reduction, production efficiency and asset performance.

More broadly, we see significant potential in subsea solutions that enable more processing to occur on the seabed, reducing topside constraints and allowing operators to manage increasingly complex production streams more efficiently. By moving part of the separation and reinjection process subsea, these technologies can help reduce emissions intensity while increasing production efficiency and improving overall asset utilization.

Beyond specific technologies, integrated project designs, equipment standardization and life-cycle optimization can all contribute to lowering carbon intensity while maintaining the reliability and production performance that offshore developments require.

Offshore: Brazil continues to attract significant offshore investment and exploration activity. What factors do you believe will have the greatest influence on offshore project development in the country over the next decade?

Ribeiro: Brazil is home to some of the world's most promising offshore resources, including the prolific presalt basins, which continue to attract significant long-term investment and exploration activity. What has enabled this potential to be realized over the years is the combination of technological innovation, engineering expertise, industrial capability and strong collaboration across the industry.

Looking ahead, the most important factors will be the industry's ability to maintain competitiveness, accelerate project execution and continue developing technologies that address increasingly complex offshore challenges.

A stable investment environment, local industrial capability, workforce development, innovation and supply chain readiness will all be critical. We believe Brazil is uniquely positioned to remain one of the world's most important offshore markets, not only because of its resource potential, but because of the ecosystem of companies, people and technologies that has been built over decades of offshore development.