Technological Innovation had been changed into economic growth and development in all world. Many settled studies had highlighted the advantages of collective research programs against the option to carry out the same programs lonely. At this paper, will be sketch the innovators aspects built up by Petrobras to develop a broader and new efficient technology process to explore oil in depth water, summoned by Oil Offshore Technology. The theoretical sustentation riddled here provide from Evolutionary Economic Growth Theory. Through an exercise of knit practice and theory, the main goal is to show the success attained, by the institution, to use similar theoretic premises pointed out latter. To reap this conclusion, the outline of the paper is as follows. The first describe the theoretical features wherein hold up the follow section, the description of innovations through 20 years of R&D in offshore oil exploration. The last one, will be a mix flanked by conclusions and the link between Petrobras offshore activities and theoretical principles.