Conference Day Two: Wednesday, 30th September 2015

Day 2

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9:00 AM Keynote Opening Address: State of the FPSO Nation

Puneet Sharma , VP Atlantic FPSO Development Group, MODEC

This presentation will examine the macro economic conditions of the oil and gas market and critically analyse the potential structure of the FPSO market in the coming years.

Puneet Sharma
VP Atlantic FPSO Development Group
MODEC

9:30 AM Re-thinking the Way We Do Business in 2015: A Critical Examination of the FPSO Market

Hassan Basma , CEO, HBA OFFSHORE and former CEO of Bumi Armada

  • How has the market changed in light of the drop in oil price?
  • What must both oil operators and FPSO contractors do to adapt and survive in the current oil price environment?
  • Analysing the opportunities and challenges for the FPSO market in 2015 and beyond
  • Forecasting the future of FPSO contractors: Will they diversify to reduce their risks?
Hassan Basma
CEO
HBA OFFSHORE and former CEO of Bumi Armada

10:00 AM A Case for FPSO Conversion- Why Conversion?

Charles Sim , Offshore Production, Keppel Shipyard

The first FPSO conversion was in 1980’s, and today there are over hundreds of FPSO newbuilds and conversions. The presentation willdiscuss the key factors that are needed for a successful conversion. The paperwill discuss having the right engineering fundaments, and an experienced yardhaving the right delivery strategy to achieve a good outcome for FPSO AssetOwners and FPSO Operators. What are the challenges? Can one achieve an optimalsolution in FPSO conversion? Conversion versus New Built? 

Charles Sim
Offshore Production
Keppel Shipyard
Technical Presentation in The Vessel During the Break

10:55 - 11:10

Make Helicopter Commuting Safe—It is the Leading Killer in Oil and Gas Accidents!

In 15 minutes, find out the latest standards and regulatory changes by Civil Aviation Authorities and Energy Institute to make your commuting by helicopters to and from FPSOs safer

Esham Salam, President, Protankgrüp

11:10 AM ‘Coopetition’ in FLNG and FPSO Markets

Stephen Thompson , Manager, LNG and Gas, POTEN AND PARTNERS

  • FLNG rising: Monetizing gas in difficult offshore and onshore environments
  • Comparing and contrasting the FPSO and FLNG market: Complementary or competitive?
  • Large challenges: Capex, bankability, performance
  • Will the FPSO and FLNG markets merge?
Stephen Thompson
Manager, LNG and Gas
POTEN AND PARTNERS

11:40 AM Innovative FPSO Design to Achieve Capex and Opex Savings as a Current Requirement

Fredrik Major , Chief Business Development Officer, SEVAN MARINE

This session will examine innovative ways to achieve capex and opex savings through cylindrical FPSO designs, providing a cost-benefit analysis to delegates.

Fredrik Major
Chief Business Development Officer
SEVAN MARINE

12:10 PM How to Successfully Execute Projects in Brazil: The Odebrecht and Teekay Experience

Einar Saunes , Vice President, Projects, Teekay Petrojarl

Rodrigo Lemos , FPSO Business Director, ODEBRECHT

This session will provide a project update on the Libra FPSO project and evaluate the progress made by the project teams involved. In essence, the project will highlight the EPC model that Teekay Petrojarl utilized to execute the project and highlight important lessons learnt thus far.

Einar Saunes
Vice President, Projects
Teekay Petrojarl
Rodrigo Lemos
FPSO Business Director
ODEBRECHT
Technical Presentation in The Vessel

13:00-13:20

Living on the Edge — A Specialist View on Offshore Life, Ship Accommodations and Platform Living Quarters

Peter van der Bogt, Business Development Director, CKT Projects

Stream A: FPSO Topside Module Technologies, Design and Construction
1:40 PM FPSO Standardization: What are the Challenges and How Do We Overcome Them?

Judi Soetjahjo , Technology Development Manager, SBM Offshore

Faizal Othman , Procurement Supply Chain Manager, SBM Offshore

  • Re-visiting and redefining what FPSO standardization means: Component, Equipment and Systemic standardization
  • Understanding the challenges involved in the 3 levels of standardization: Diversity, work activity and intensification
  • Analysing the steps required as an industry to overcome these challenges and better standardize processes for FPSO standardization
  • Reviewing the future of standardization for FPSOs
Judi Soetjahjo
Technology Development Manager
SBM Offshore
Faizal Othman
Procurement Supply Chain Manager
SBM Offshore

Stream B: FPSO Process Safety and Asset Integrity
1:40 PM Making FPSO Safety Performance Meet Company Aspirations

Brendan Fitzgerald , Managing Director, Vanguard Solutions

All companies in the oil and gas industry have HSE Policies that promise all any of us could expect. We all value the safety of workers as an over-riding concern. A typical statement from a company is something like: “Safety is not a cost – it is the way we do business”. Laudable sentiment and one that is often seen working in practice.
But somewhere along the line, it is all too easy for this sentiment to be diminished in the cut and thrust of an FPSO development or subsequent operations. Many fine individuals in our industry do their utmost to be champions of safety performance. But delivering safety performance, especially process safety performance, is a hard task.
The paper will give examples of where delivery of safety performance has succeeded and where it has been a challenge. The influence of the regulators worldwide will also be addressed. A few essential steps for safety performance on any FPSO will be given in conclusion.

Brendan Fitzgerald
Managing Director
Vanguard Solutions

Stream C: Financing FPSO Projects, Contracting Strategies and Managing Risk
1:40 PM The Outlook for FPSO Tenders in 2015 and Beyond

Kelvin Sam , Principal Researcher, IHS Petrodata

  • To what extent have FPSO tenders been delayed, suspended and/or cancelled in 2015?
  • What will the FPSO market look like in 2015 and 2016?
  • Understanding the biggest challenges in getting marginal projects off the ground
  • Reviewing the forecast for upcoming FPSO projects in 2015 and beyond
Kelvin Sam
Principal Researcher
IHS Petrodata

Stream D: FPSO Operations, Life Extensions and Redeployment
1:40 PM Dealing with NORM- Contamination on FPSOs

Harry Fortuin , Product Line Manager Exkal, M-I SWACO PRODUCTION TECHNOLOGIES

  • Origin and nature of Naturally Occurring Radioactive Materials (NORM): Occurrence in the oil and gas industry
  • Highlighting NORM management cycle and best practice
  • Analysing preventive measures and applications/solutions: Case study on elemental decontamination and NORM on FPSOs
  • Reviewing disposal options
Harry Fortuin
Product Line Manager Exkal
M-I SWACO PRODUCTION TECHNOLOGIES

2:05 PM Panel Discussion: Analysing the Latest Technological Advancements in Mooring Integrity for FPSOs

Arun Duggal , Director R&D, SOFEC

Michiel Schoenmaeckers , Category Manager FPS T&I, Boskalis

Dmitry Sadovnikov , Principal Naval Architect, Woodside Energy

This panel discussion will examine the latest technical and technological advancements in turret and mooring integrity, with the aim of maximizing productivity uptime during the FPSO lifecycle. Challenges and best practice strategies for mooring integrity will also be discussed.

Arun Duggal
Director R&D
SOFEC
Michiel Schoenmaeckers
Category Manager FPS T&I
Boskalis
Dmitry Sadovnikov
Principal Naval Architect
Woodside Energy

2:05 PM Innovative Approaches to Project Finance for Future FPSO Projects

Shiv Sivarajah , Director, Natural Resources Asia, ING Bank

This session will seek to examine innovative and alternate approaches to financing FPSO projects in light of the current economic climate—where cancellation and project delay risks are the greatest. The session will draw from previous experiences and case studies and seek to find a viable solution for financing projects in the near future.

Shiv Sivarajah
Director, Natural Resources Asia
ING Bank

2:05 PM Revisiting the Economics of the Redeployable FPSO

Jon Dunstan , Chief Executive Officer, EMAS PRODUCTION

  • The economics of marginal fields and comparing costs between redeployable FPSOs and brand new conversions
  • Revisiting how residual value is calculated and justifying the economics of a redeployable FPSO
  • Overcoming the challenges in FPSO redeployment
  • Examining the viability of redeployed FPSOs in the current low oil price environment
Jon Dunstan
Chief Executive Officer
EMAS PRODUCTION

2:30 PM Scavengers vs. Liquid Redox for Offshore H2S Removal: Where is the Economic Breakpoint?

William Echt , Business Development Manager, Merichem Company

The offshore industry has, to-date, largely used solid scavengers to remove small quantities of H2S from produced associated gas. 
This presentation will explore the criteria that must be considered for offshore applications. Several scenarios will be explored to indicate the economic breakpoint for the technologies in terms of the amount of sulfur to be removed.
William Echt
Business Development Manager
Merichem Company

2:30 PM Enhancing Your Hazard and Effect Management Process from Design to Operations

Angelo Spingardi , HSES Manager, SAIPEM INDONESIA

This session will go through the ins and outs of the framework for hazard and effect management process of your FPSO, including major accident hazard management in FPSO operations and activities.

Angelo Spingardi
HSES Manager
SAIPEM INDONESIA

2:30 PM Financier’s Panel Discussion: Analysing the Risk Factors in Financing FPSO Projects in Today’s Economic Climate

Shiv Sivarajah , Director, Natural Resources Asia, ING Bank

Harm Hauke Ross , Vice President, Origination and Structuring, Maritime Industries, KfW IPEX-Bank GmbH

The outlook for FPSO financing is still robust for quality projects in the market. However, the risk profile needs to be re-examined. This panel discussion will examine what financiers need to see in order to sanction financing for projects moving forward, zooming in on factors including contract strength and company profiles.

Shiv Sivarajah
Director, Natural Resources Asia
ING Bank
Harm Hauke Ross
Vice President, Origination and Structuring, Maritime Industries
KfW IPEX-Bank GmbH

In almost every single FPSO project, most stakeholders focus solely on achieving first oil. However, there is still a long way to go to get to Final Acceptance. Lack of attention to detail, can mean that costs can spiral uncontrollably to bring an FPSO to final acceptance. What are some of the biggest pitfalls and challenges that we as industry often fall into when trying to achieve final acceptance? How can gas treatment/gas compression systems and water treatment/water injection systems be optimized to fulfil this requirement? This session will begin with an update of the current Catcher FPSO project, before deep diving into the strategies and best practices to overcome challenges in gaining final acceptance.

Don Raith
FPSO Deliver Manager
Premier Oil

2:55 PM Localization in Brazil – Meeting the Challenges of Petrobras

Terje Jensen , Vice President Business Development FPSO, Dresser-Rand – A Siemens Company

Terje Jensen
Vice President Business Development FPSO
Dresser-Rand – A Siemens Company

2:55 PM Optimized FPSO Asset Performance using Reliability Availability Maintenance (RAM)

Ellen Sjølie , Head of Risk Advisory Services, Deepwater Technology Centre, DNV GL

This session will show how analysis
of performance, cost, availability and
other uncertainties during the design
or operational phase can optimise
FPSO asset performance.
Ellen Sjølie
Head of Risk Advisory Services, Deepwater Technology Centre
DNV GL

3:50 PM Extended Well Test (EWT) Phase for the Development of Heavy and Extra Heavy Crude Oil Fields Through an FPSO

Stefano Schiavo , Corporate Sales & Marketing Director, Tozzi Industries

Massimiliano Mancini Tortora , Process Packages Sales Manager, Tozzi Industries

Heavy and extra heavy crude oil fields offshore development is highly influenced by the physic and chemical properties of well fluids and information from the reservoir.
This paper will be focusing on some peculiar technical aspects in the selection and design of the topside processing modules to be installed on a FPSO vessel for the development of a heavy oil complex that has some wide variations in the characteristics of the oil.

Stefano Schiavo
Corporate Sales & Marketing Director
Tozzi Industries
Massimiliano Mancini Tortora
Process Packages Sales Manager
Tozzi Industries

3:50 PM Integrated Approach on Asset Compliance

Richard Denissen , Vice President, Asia Pacific, MaxGrip


Richard Denissen
Vice President, Asia Pacific
MaxGrip

3:50 PM Offshore Methanol Production: How to Make Gas Transportable

David Waller , President, Waller Marine, Inc

Harry Fortuin , Product Line Manager Exkal, M-I SWACO PRODUCTION TECHNOLOGIES

This session will examine a ground breaking technology which will allow the transportation of offshore methanol production and analyse the commercial underpinnings of this for offshore fields.
David Waller
President
Waller Marine, Inc
Harry Fortuin
Product Line Manager Exkal
M-I SWACO PRODUCTION TECHNOLOGIES

3:50 PM New Generation of Reeling Off-take Hoses: Presentation by Continental Contitech

Roy Caussy , Product Design Engineer, Continental Contitech

Roy Caussy
Product Design Engineer
Continental Contitech
  • Examining how lighter, more compact topsides can reduce CAPEX for projects
  • Analysing the latest technological developments in FPSO topside modules
  • Highlighting the benefits of functional specifications for FPSO topside modules
  • Reviewing FPSO topside design and modules for deepwater operation
Subhash Gangahar
Topside Engineering Manager
MODEC

4:15 PM Does Corrosion Exist on an FPSO? Truth or Consequences!!

Dr. Gregory Ruschau , Senior Technical Advisor, Exxonmobil Development Company

Dr. Gregory Ruschau
Senior Technical Advisor
Exxonmobil Development Company

4:15 PM Offshore Methanol Production: How to Make Gas Transportable

David Waller , President, Waller Marine, Inc

Harry Fortuin , Product Line Manager Exkal, M-I SWACO PRODUCTION TECHNOLOGIES

This session will examine a ground breaking technology which will allow the transportation of offshore methanol production and analyse the commercial underpinnings of this for offshore fields.

David Waller
President
Waller Marine, Inc
Harry Fortuin
Product Line Manager Exkal
M-I SWACO PRODUCTION TECHNOLOGIES

4:15 PM SBM Asset Integrity – Backbone & Enabler of Our F(P)SO Fleet

Cedric Morandini , Head of Naval Department, SBM Offshore


Cedric Morandini
Head of Naval Department
SBM Offshore

The Minox Deoxygenation System is a gas stripping process where an ultrapure nitrogen-gas is used to remove dissolved oxygen from water by a closed loop circulating nitrogen gas, in which the oxygen is being removed in a catalytic process. The compact unit with low system weight, combined with a flexible design, allows more efficient tailoring to meet any specifications. It is essentially important to remove dissolved oxygen in seawater used in water injection for IOR to avoid corrosion and growth of certain bacteria. The Minox Deoxygenation System offers a mechanical reduction of dissolved oxygen down to 10 ppb, which eliminates the need for chemical oxygen scavenger. This reduces the risk of reservoir souring and potential environmental impact.

Anlaug Haukvik Grave
Process Engineer
Minox Technology

4:40 PM Panel Discussion: Process Safety and Safe Design

Brendan Fitzgerald , Managing Director, Vanguard Solutions

Peter O Toole , Group/TEN Operations Integrity Lead, Tullow Oil

Angelo Spingardi , HSES Manager, SAIPEM INDONESIA

Dr. Gregory Ruschau , Senior Technical Advisor, Exxonmobil Development Company

  • Cost benefit analysis of process safety and safe design in FEED
  • Re-visiting lifecycle cost of the project
  • Balancing initial investments with cost-cutting exercises in the current environment

This panel discussion will examine how safe design and a robust process safety framework must be implemented as early as the FEED stage, and the cost-benefit analysis and implications it has on overall lifecycle cost of any given FPSO project.
The panel will also discuss the challenges in ensuring that such 'costs' are justified, especially in regard to the current oil price environment.
When it comes to balancing costs with safety, safety can and should never be compromised.

Brendan Fitzgerald
Managing Director
Vanguard Solutions
Peter O Toole
Group/TEN Operations Integrity Lead
Tullow Oil
Angelo Spingardi
HSES Manager
SAIPEM INDONESIA
Dr. Gregory Ruschau
Senior Technical Advisor
Exxonmobil Development Company

4:40 PM Analysing Insurance for FPSOs: Mitigating Risks and Overcoming Pitfalls

Michael Walls , Head of Marine, Marsh

This session will examine the current risk appetite for insurers for FPSO projects, given the low oil price environment. Furthermore, with the recent incidents involving several FPSO projects globally, the session will deep dive into some of the biggest challenges and strategies to overcome risks and pitfalls when it comes to insuring your FPSO

Michael Walls
Head of Marine
Marsh
  • Addressing the challenge of interface handover between project and operational teams
  • Highlighting the severe repercussions of not addressing these challenges
  • Analysing the best practice framework and strategies to integrate project and operational teams
  • Providing a case study on successful interface management between various stakeholders for successful operations
Andre Vogel
FPSO
Subject Matter Expert
  • Key takeaways from the FPSO World Congress.
  • The FPSO market for 2015 and beyond.
  • Opportunities in the current market?
  • Challenging the efficiency of the FPSO industry and supply chain: Delivering more cost effective and efficient outcomes.
  • Consolidation and restructuring in the FPSO sector?
  • The need to new technology and innovation.
  • Planning for the future
Duncan Peace
Managing Director
Crondall Energy

5:40 PM Chairman Closing Remarks

Duncan Peace , Managing Director, Crondall Energy

Duncan Peace
Managing Director
Crondall Energy

6:00 PM End of Congress

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