About the Workshop
Workshop Objectives
Major topics to be explored include:
- Mature fields in the energy transition – complement or compete?
- Carbon capture, utilisation, and storage (CCUS) applications, and areas of enhancements and overlap with existing fields.
- Costs and commerciality for mature field life extensions and viability of marginal field developments.
- Technology updates and production enhancement solutions to maximise field recovery.
- Enablers to ensure the right assets are in the right hands.
Benefits of Attending
This workshop targets key executives and decision-makers in technical and commercial development for our industry to continue to remain resilient through the energy transition. Key values to be considered as enablers are:
- Grow:
- Adapting to change. The exit of IOCs and the emergence of new regional or niche companies with expertise in marginal resources ($12 billion assets are up for sale in Asia Pacific, according to research from Rystad)
- Lead:
- Innovation in CCUS technology and optimisation in cost could enable late-life fields to lead decarbonising solutions.
- Creativity and innovation in fit-for-purpose technology to improve recovery factors to extend the life of marginal field development.
- Empowerment and increased trust between host authority and companies through fit-for-purpose regulatory requirements and procurement processes that promote agility in decision-making and cost/value optimisation.
- Collaborate:
- More holistic integration of the value chain will enable improved efficiency and lower cost through improved commercial models (such as outcome-based) or new partnerships.
- Diversity, equity, and inclusiveness to be promoted. This includes hiring, key management representation of companies, and incentivisation by host authorities.
- Care:
- Late-life fields could emerge as CO₂ storage clusters, providing an opportunity to pivot and generate an additional revenue stream to support decarbonisation.
- Sustainable solutions in new marginal field construction and decommissioning.
Join the Virtual Workshop at Your Local Time
Please note that all times are Coordinated Universal Time +8 (UTC+8)
🕗 08:00 |
Doha / Kuwait City / Manama / Riyadh |
🕘 09:00 | Abu Dhabi / Dubai / Muscat |
🕥 10:30 | New Delhi |
🕦 11:30 | Yangon |
🕛 12:00 | Bangkok / Hanoi / Jakarta |
🕐 13:00 | Bandar Seri Begawan / Beijing / Kuala Lumpur / Perth / Singapore |
🕑 14:00 | Tokyo / Seoul |
🕒 15:00 | Brisbane |
🕞 15:30 | Adelaide |
🕕 18:00 | Wellington |