Subsea UK will set out the digital challenges facing the sector at a conference in Brazil next week.
Subsea Forum Rio 2017 takes place from 5-7 June, where members can share experiences and ideas for the market.
Chief executive of Subsea UK, Neil Gordon, will give an address on the opening day, highlighting the digital challenges ahead, as well as opportunities in Brazil for the UK sector.
He said: “Brazil is the largest energy market in South America and has the second largest oil reserves in Latin America.
“Petrobras plans to invest over £50 billion over the next four years so there is clearly a major opportunity for UK companies.
“Several industries have already adopted big data to increase capabilities. The subsea industry, not only in Brazil but globally, must change its mindset to be competitive and realise the potential of real-time decisions which can increase efficiency and reduce costs.”
It comes after Mr Gordon recently joined a trade mission to the country, organised by the Department of International Trade.
The UK Government wants to double British exports by 2020.
Mr Gordon believes demand for subsea expertise in Brazil could help meet that goal.
He added: “This mission provided delegates with an opportunity to gauge business potential in the country, build a local network of contacts and visit the most important energy hubs in Brazil.
“At Subsea UK we work hard to support companies in fast-tracking their international growth by exploring new business prospects around the world. By continuing to work with the Department for International Trade, we can further strengthen these ties and help UK firms break into the markets which hold the most potential and who are actively seeking what we can offer.”