The impact of the continued low oil price and toughening of environmental regulations have exerted more constraint to the already challenging marginal field development. Consequently, resource portfolios are being assessed on stringent capital efficiency criteria. Notwithstanding this, many operators are keen to monetise small, stranded, marginal oil resources in offshore locations, as it is believed that effective development of these resources would offer significant potential.
This workshop is open to all decision-makers from technical and business aspects, and targets at a range of technical and management professionals across the oil and gas upstream sector, technology/solution providers, service companies, regulators as well as energy investors.
WHO SHOULD ATTEND
Asset Development and Management
Drilling and Completions
Facilities and Process
Field Development Planning
Geology and Geophysics
Technology and Concept Innovations
GAIN perspective on the drivers to increase the pace of marginal resources development, definition and classification of marginal resources, and life cycle costs.
UNDERSTAND recent trends in regulatory incentives, innovative business models, game-changing technologies, industrial wide collaboration, fields of the future, techniques of managing risks through phased development, operations in the new norm, and surge in remote operations.
DISCUSS effective developments of marginal resources that leads to significant potential in the new norm.
NETWORK and exchange knowledge with peers and experts in the field.
DISTINGUISHED KEYNOTE SPEAKER
Mohamed Firouz Asnan
Senior Vice President, Malaysia Petroleum Management