04 - 05 September, 2018 |
Marina Bay Sands, Singapore, Singapore

Conference Day 1 - Tuesday, 4th September 2018

7:45 am - 8:45 am Morning Refreshment & Registration

8:45 am - 8:50 am Welcome Address By FPSO Network

8:50 am - 9:00 am Opening Remarks From Chairperson

David Hartell - Senior Development Manager Premier Oil
img

David Hartell

Senior Development Manager
Premier Oil

9:00 am - 9:30 am Facts & Figures: Analysing Industry Trends In The FPSO Industry

Kelvin Sam - Principal Researcher IHS Markit
-          Reviewing the current oil price scenario and impact of FPSO orders in 2018 and beyond
-          Assessing FPSO opportunities in Brazil, West Africa and Southeast Asia and their economic and political drivers and challenges
 
img

Kelvin Sam

Principal Researcher
IHS Markit

9:30 am - 10:00 am Digitalisation Drives Innovation For The New Energy Landscape

Håvard Devold - Digital Lead, Group Vice President ABB Ltd.
Despite recent difficult years, the oil and gas industry is still the world’s largest industry.  As oil prices are back on the rise and OPEC and Non-OPEC companies are working together, a new paradigm is on the horizon.  A new energy future. Why? Recent headwinds have taught oil and gas companies strict cost disciplines and as they look to the future, they plan to maintain a tight hold on these lowered costs to operate.  Yet with oil prices increasing, new investments will and need to be made.

There will be significant investments in the next few years.  But where?
1.A smarter, more efficient future: Floating production units are poised to develop more efficiently with digital technologies.  Disruptive technologies like artificial intelligence, augmented reality, drones, connected wearables, and block chain, Crypto currency will also play a role in investments made and how this newly digital industry will look in 20 years.  These solutions are required to enable development of new marginal fields and satellite tie-ins and reduce operating costs on maturing installations.

2.A cleaner future: Oil and gas companies are beginning to look deeper at current business models in the changing energy landscape.  At the same time, governments have issued mandates and policies around building a more energy diverse future in order to sustain a better future for everyone – emission reductions, renewable integration, etc. We’ve seen international oil companies already start making moves towards a more balanced energy portfolio. No one is denying, the future will look different, so how do we prepare?  How will portfolios shift?  Enter new energy domains to be relevant for the future? Can there be a future where gas and renewables work together? How will this impact floating LNG?

How could these types of investments impact current business models? We intend to provide examples from recent and ongoing projects on how operators are using or can use these technologies to reduce costs, improve efficiency while maintaining safety and license to operate.

img

Håvard Devold

Digital Lead, Group Vice President
ABB Ltd.

This 35 minutes panel discussion will see decision-makers from oil companies and FPSO contractors discuss the operational benefits that came about from the various cost-cutting measures put in place during the past few years and how to sustain these advantages as the market turns the tide. Discussion will focus on:

 Understanding some of the business decisions implemented over the past few years
 Discussing whether some of the implemented measures are sustainable
 Exploring ways to adapt and sustain some of the benefits as the market picks up
 Understanding some of the talent management and OPEX challenges facing the FPSO industry
img

Sid Sircar

Project Coordinator, Corridor Storage Tanker Project
PT Suasa Benua Sukses

img

Eirik Barclay

CEO
Yinson Production

img

Richard Ella

Group Technology Director
SBM Offshore

img

Jeffrey Sim

Chief Operating Officer
Rubicon Offshore

img

Uzoma Correia

FPSO Contracts Leader
Total

img

David Hartell

Senior Development Manager
Premier Oil

10:45 am - 11:00 am Let's Connect - Digital Themes In The New Era Of Automation

Arne Rolfsrud - Sales Director, Offshore Production Units Kongsberg Maritime

Arne Rolfsrud

Sales Director, Offshore Production Units
Kongsberg Maritime

11:00 am - 11:20 am Speed Networking

This focused 20-minute activity will allow you to connect with other FPSO professionals in a brief, personal and structured format. Use this opportunity to make new contacts, exchange business cards and plan further conversations throughout the next 2 days of the FPSO World Congress 2018 to maximise your networking opportunities, and have some fun while at it!

11:20 am - 11:50 am Morning Tea & Networking Break


Roundtable Stream A: Driving Industry and Stakeholders’ Profitability in a Recovering Market

11:50 am - 1:20 pm ROUNDTABLE A: Applying Practical Solutions To Enhance FPSO Execution and Operations
Kristen Lau - Business Development Manager Alstern Technologies Singapore

img

Kristen Lau

Business Development Manager
Alstern Technologies Singapore

Roundtable Stream A: Driving Industry and Stakeholders’ Profitability in a Recovering Market

11:50 am - 1:20 pm ROUNDTABLE D: Ensuring That Reductions In Production Costs Remain Sustainable In An Upturn Market
Alastair MacLean - Engineering Director Rubicon Offshore
Over the past few years, many cost-reductions have been made by oil companies and FPSO contractors as they ride out the storm. Some of these cost-saving measures have helped companies become lean and nimble but as the market resumes its upwards trajectory, how can companies ensure that they can scale up effectively while remaining sustainable? In this round-table, delegates will:
 
-           Discuss effective ways to adapt to an upturn market
-           Formulate strategies to preserve the cost-savings obtained during the downturn
-           Explore potential capability gaps that could arise when the market recovers
img

Alastair MacLean

Engineering Director
Rubicon Offshore

Roundtable Stream A: Driving Industry and Stakeholders’ Profitability in a Recovering Market

11:50 am - 1:20 pm ROUNDTABLE G: Determining The Organisational And Culture Change Needed To Support Digital Transformation for FPSOs
Michael Duddy - Vice-President, Fleet Asset Integrity Bumi Armada
Sebastien Ory - Head of Sales AVEVA

img

Michael Duddy

Vice-President, Fleet Asset Integrity
Bumi Armada

Sebastien Ory

Head of Sales
AVEVA

Roundtable Stream A: Driving Industry and Stakeholders’ Profitability in a Recovering Market

11:50 am - 1:20 pm ROUNDTABLE J: Industry Health-Check: Is The FPSO Industry Truly Ready For Market Recovery?
Vijay Krishnan - Head of Asia-Pacific Rystad Energy

img

Vijay Krishnan

Head of Asia-Pacific
Rystad Energy

Roundtable Stream A: Driving Industry and Stakeholders’ Profitability in a Recovering Market

11:50 am - 1:20 pm ROUNDTABLE M: Stakeholder Relationship Management: Cultivating Strong Relationships Between Oil Companies & FPSO Contractors
Jeffrey Sim - Chief Operating Officer Rubicon Offshore
There is no doubt that the market is recovering. However, the big question remains whether the industry is truly ready for the upturn. Are FPSO contractors ready to take on projects again and are the rest of the supply-chain prepared in terms of manpower, components and processes? In this round-table, delegates will:
 
-           Take a closer look at the current market dynamics
-           Discuss what the industry has done to prepare for market recovery and how to remain sustainable going forward
-           Explore ways to help the industry get back on-track quickly and effectively
img

Jeffrey Sim

Chief Operating Officer
Rubicon Offshore

Roundtable Stream B: Enabling Project Success by Streamlining Commercial Strategies

11:50 am - 1:20 pm ROUNDTABLE B: Developing Bankable Projects That Will Be Attractive To Financiers
Shiv Sivarajah - Director of Natural Resources ING Bank Asia
Project owners often lament the difficulty of obtaining financing for their FPSO projects. Some have turned to alternative financing but the main determinant on whether financers will consider financing a project seems to be its “bankability”. In this round-table, delegates will:
 
  • Discuss and understanding the term “bankability" and what it means to project owners and financiers
  • Identify the challenges in preparing bankable project proposals
  • Explore ways financiers and project owners can work together to ensure a “win-win” situation
img

Shiv Sivarajah

Director of Natural Resources
ING Bank Asia

Roundtable Stream B: Enabling Project Success by Streamlining Commercial Strategies

11:50 am - 1:20 pm ROUNDTABLE E: FPSO Pre-FEED: Designing Strategies To Reduce Upfront Investments In FPSOs
Tom Andrews - FPSO Feed Manager, Sea Lion Project Premier Oil
Getting the pre-FEED phase of a project right is crucial and plays a big part in reducing its overall costs. It could also help in reducing upfront investments, which is crucial for FPSO contractors and oil companies in the current risk-adverse environment. In this round-table, delegates will:
 
-           Identify the various pre-FEED processes that companies should focus on getting right
-           Analyse the potential impact on pre-FEED processes on upfront investments and overall project execution costs
-           Explore ways oil companies and FPSO contractors can work together from the start to develop a proper FEED strategy
-           Break down critical elements and milestones within a robust FEED and ensure these requirements are met by the agreed deadline
img

Tom Andrews

FPSO Feed Manager, Sea Lion Project
Premier Oil

Roundtable Stream B: Enabling Project Success by Streamlining Commercial Strategies

11:50 am - 1:20 pm ROUNDTABLE H: FPSO Contracts: How Viable Are 25-Year Contracts In Today’s Market Environment?
Uzoma Correia - FPSO Contracts Leader Total
During the hey-day of $100+/bbl oil prices, 25-year FPSO contracts were a norm. It gives certainty to FPSO contractors and suppliers and provides a much-needed safety net to plan for future projects. However, with the market landscape changing drastically over the last few years, the industry needs to remain nimble and able to react to constantly changing market environment. In this round-table, delegates will:
 
-           Explore the viability of 25-year contracts in today’s oil price context
-           Discuss the pros and cons of shorter FPSO contracts and what it means to project execution, costs  and business strategy
img

Uzoma Correia

FPSO Contracts Leader
Total

Roundtable Stream B: Enabling Project Success by Streamlining Commercial Strategies

11:50 am - 1:20 pm ROUNDTABLE K: Achieving OPEX Cost Savings Through Proactive HSSE Initiatives
Sandra Antonovic - Chief Operating Officer Reflex Marine
Good safety can be good business for FPSO contractors. It helps to reduce OPEX, increase a contractor’s reputation as an employer-of-choice, and increases the productivity of an existing FPSO. In this round-table, delegates will:
 
-           Discuss the importance of an inclusive and proactive Health, Safety, Security and Environmental (HSSE) policy
-           Explore ways of integrating HSSE policies with existing asset management and crew management policies to increase fleet productivity while reducing accidents
-           Discuss the impact of effective HSSE policies on OPEX and ROI
img

Sandra Antonovic

Chief Operating Officer
Reflex Marine

Roundtable Stream B: Enabling Project Success by Streamlining Commercial Strategies

11:50 am - 1:20 pm ROUNDTABLE N: Redesigning & Streamlining The FPSO Supply Chain To Accommodate The Uptake In FPSO Projects
Dorthe Bergholdt - Vice President Global Sourcing Supply Chain BW Offshore

img

Dorthe Bergholdt

Vice President Global Sourcing Supply Chain
BW Offshore

Roundtable Stream C: Applying Practical Solutions to Enhance FPSO Execution and Operations

11:50 am - 1:20 pm ROUNDTABLE C: Embracing Robust Asset Integrity Frameworks To Maximise Production In The Mid-Late Stage Lifecycle Of Your FPSO
Ir. Dr. Adrian Tan - Engineering Manager Hibiscus Petroleum

img

Ir. Dr. Adrian Tan

Engineering Manager
Hibiscus Petroleum

Roundtable Stream C: Applying Practical Solutions to Enhance FPSO Execution and Operations

11:50 am - 1:20 pm ROUNDTABLE F: Streamlining Budget And Planning Execution Strategies To Ensure That Projects Are On-Time And Within Budget
Antoine Drouin - Yombo FPSO Project Manager Perenco
Every stakeholder will want a project to be completed on time and within budget. However, many hurdles exist which adds to the overall costs of a project and extra time needed to execute them. In this round-table, delegates will:
 
-           Identify key hurdles that prevents the streamlining of project budget
-           Discuss the necessary steps needed to formulate an on-time and on-budget project execution strategy
-           Explore ways to improve work-flow and communication between all stakeholders
img

Antoine Drouin

Yombo FPSO Project Manager
Perenco

Roundtable Stream C: Applying Practical Solutions to Enhance FPSO Execution and Operations

11:50 am - 1:20 pm ROUNDTABLE I: Next-Generation FPSOs: What New Technologies Should Be Included And What Technologies Can We Use From Other Industries?
David Steed - Project Manager Crondall Energy
Jayaram Narsimhan - Concept Development Manager BW Offshore
Chris Bowles - Head of Sales Oil & Gas Upstream MAN Energy Solutions
The current market environment presents a very opportune time for FPSO contractors and oil companies to go back to the drawing board to plan and design the next generation of FPSOs that are more efficient and productive, and have lower OPEX and CAPEX. In this round-table, delegates will:
 
-           Identify shortcomings of current-generation FPSOs
-           Explore new concepts of building future FPSOs
-           Discuss the pros and cons of process and module standardization and its impact on project execution timeline and costs
-           Examine the various standards for FPSOs construction and design
img

David Steed

Project Manager
Crondall Energy

Jayaram Narsimhan

Concept Development Manager
BW Offshore

Chris Bowles

Head of Sales Oil & Gas Upstream
MAN Energy Solutions

Roundtable Stream C: Applying Practical Solutions to Enhance FPSO Execution and Operations

11:50 am - 12:20 pm ROUNDTABLE L: Commercialising Fields Using Redeployed FPSOs
Nigel Hill - FPSO Delivery Manager Alpha Petroleum

Nigel Hill

FPSO Delivery Manager
Alpha Petroleum

Roundtable Stream C: Applying Practical Solutions to Enhance FPSO Execution and Operations

11:50 am - 1:20 pm ROUNDTABLE O: FPSO & Offshore Measurement Technology Update: Downsized Solutions For Applications Where Size Does Matter
Steve Stewart - Vice President Sales and Service Flow Management Devices (FMD)

Steve Stewart

Vice President Sales and Service
Flow Management Devices (FMD)

1:20 pm - 2:20 pm Lunch & Networking Break


STREAM A FPSO Financing, Contracting & Pre-Feed Preparations

2:20 pm - 2:50 pm Promoting Greater Collaboration To Prevent Unforeseen Downtime And Maximise Uptime
Richard Bowcutt - Sales and Services Director Heatric
This session explores how oil companies and FPSO contractors can get early alignment, ideally before contract award, to work together in a collaborative manner to achieve common objectives without impact to cost and schedule.
 
-           How Oil companies and FPSO contractors should set out their expectation in the contract
-           Explore best & worst practices on previous FPSO projects
-           Assess the advantages or impact of leaving the project phase at Operations Handover with a Strong or Toxic Relationship.
-           Evaluate if an “Integrated Team” approach can work in practice.
-           Discuss the importance of working together early to ensure a solid FEED phase
img

Richard Bowcutt

Sales and Services Director
Heatric

STREAM A FPSO Financing, Contracting & Pre-Feed Preparations

2:50 pm - 3:20 pm Achieving Cost Reductions Through A Supplier-Led Supply Chain Solution
Filipe Costa - Project Manager YINSON PRODUCTION
  • Examining the various collaboration opportunities across the entire FPSO supply chain to achieve significant cost-savings
  •  Identify internal opportunities that could justify a requirements-based approach instead of basing on detailed specifications
  • Tapping on key suppliers’ design expertise to meet specific functional requirements instead of forcing a top-down approach
img

Filipe Costa

Project Manager
YINSON PRODUCTION

STREAM B FPSO Engineering & Design

2:20 pm - 2:50 pm Driving FPSO Efficiency, Productivity And Profitability Through Effective Produced Water Management
Paul McAlister - Director Global Produced Water & FPSO Development CETCO ENERGY SERVICES, (CETCO)
  • Getting It Right First Time
  • Assessing existing Produced Water performance
  • Remediation and troubleshooting of Produced Water processing challenges
  • Open dialogue, regarding the pros and cons of permanent and temporary process equipment; from the operational and CAPEX/OPEX financial perspectives
img

Paul McAlister

Director Global Produced Water & FPSO Development
CETCO ENERGY SERVICES, (CETCO)

STREAM B FPSO Engineering & Design

2:50 pm - 3:20 pm Update On SBM’s F4W Program And How It Can Significantly Reduce Design Costs And Speed Up Rollout
Richard Ella - Group Technology Director SBM Offshore

img

Richard Ella

Group Technology Director
SBM Offshore

3:20 pm - 3:50 pm Afternoon Tea & Networking Break


3:50 pm - 4:20 pm Strategic Sourcing To Streamline Supply Chain on FPSO Projects

Sharat Gannavaram - Global Strategic Sourcing Manager SBM Offshore

Sharat Gannavaram

Global Strategic Sourcing Manager
SBM Offshore

4:20 pm - 4:50 pm Shifting Risks, Shifting Needs: What Is Senior Debt’s Role In The Future Of FPSO Financings?

Marcel Abt - Assistant Vice President KfW IPEX-Bank GmbH

Marcel Abt

Assistant Vice President
KfW IPEX-Bank GmbH

3:50 pm - 4:20 pm Streamlining FPSO Project Costs Over The Last 18 Months

Tom Andrews - FPSO Feed Manager, Sea Lion Project Premier Oil

img

Tom Andrews

FPSO Feed Manager, Sea Lion Project
Premier Oil

4:20 pm - 4:50 pm SSY – A Novel, Robust & Cost Effective Loading / Offloading System for FPSOs

Haavard Hjellseth - Global VP Business Development NOV APL

Haavard Hjellseth

Global VP Business Development
NOV APL

4:50 pm - 5:00 pm Intermission


5:00 pm - 5:30 pm Day 1 Closing Keynote: Growing Confidence, Increasing Productivity and Driving Profitability

Jeffrey Sim - Chief Operating Officer Rubicon Offshore
The market has finally turned its tide. More than 10 FPSO projects were awarded in 2017. Now the question is how to keep the momentum going. What can the industry do to increase productivity and boost profitability? This session will analyse the performance of the FPSO industry in 2017 and examine some of the trials and opportunities that lay ahead in 2018.
img

Jeffrey Sim

Chief Operating Officer
Rubicon Offshore

5:30 pm - 5:40 pm Chairman’s Closing Summary and End of Congress Day One


5:45 pm - 5:55 pm Cocktail Reception Hosted by Dunlop Oil & Marine

All delegates are invited to join us for the annual FPSO World Congress Cocktail Reception proudly hosted by Dunlop Oil & Marine. After a long day of networking and intensive discussions, kick back, relax and enjoy a beverage while you network with your peers in a relaxed and sociable environment.