Floating production systems, especially FPSO, have stable demand due to its recognised adaptability, relative low cost, and flexibility. New demand however has been affected amidst the challenging oil and gas outlook in recent years. Against this backdrop, this workshop aims to bring together industry members and subject-matter experts to share, discuss and examine how to navigate the ‘low oil price’ storm in providing economical and sustainable floating production facility solutions. Floating production system experts will also lead open and collaborative discussions and exchange best practices and ideas on non-conventional methods in monetising FPSO projects with the aim to advance the industry.
The focus of this workshop will be centred on the sharing of technology breakthroughs, practical concepts, emerging theories and inspiring case studies from the experiences of oil companies, FPSO operators, O&M contractors and classification bodies to be applied in managing FPSO projects to meet present challenges. In addition, the workshop will provide an avenue for all parties including academic institutions, government agencies, marine associations, and classification societies to discuss current trends and market outlooks in the present industry environment.
Key discussion topics will include the sharing of best practices by leading FPSO contractors, pacing and novel technologies adopted for current industry climate, decommissioning and life extension and how both oil companies and contractors do better when aiming for win-win situations in contracting.
WHO SHOULD ATTEND
Professionals in operating companies, service providers and academicians who are interested in learning about new technologies, challenges and achievements in the FPSO and floating production systems industry. We expect regulatory agencies, project developers, engineers, floating facilities contractors and suppliers, reservoir engineers, commercial staff, project finance providers and technical consultants to participate in this workshop.
BENEFITS OF ATTENDING
Examine oil company approaches to new field development
Know the available FPSOs in the market ready for deployment
Be up-to-date on the latest developments in the industry
Network with industry players, international and national oil companies and classification societies
Understand how floating production system and FPSO players are shifting from conventional modes of co-operation and delivery
Discuss FPSO market outlook, issues and cost-effective solutions in challenging low oil price environment