Welcome to the 4th FPSO Europe Congress, the region’s largest platform for oil companies, FPSO contractors, investors and solution providers to gain critical market intelligence and engage with each other in solution-oriented discussions. 

In the current low oil price climate, the FPSO industry is in a stage of cautious optimism. While oil prices have generally stabilised and market activities are slowly picking up, it is increasingly difficult to get projects pushed forward. This is largely due to project financing challenges for both oil companies and FPSO contractors alike; the lack of robust project execution frameworks leading to cost overruns and project delays; high OPEX and increased downtime during FPSO operations; and the inability to fully maximise the value from FPSO projects. 

Now in its fourth year, the FPSO Europe Congress 2018 will build focus on navigating the 4 main inhibitors, providing oil companies, FPSO contractors and all players across the FPSO value chain with practical know-hows from existing case studies to enable the value chain to push forward with projects for 2018 and beyond. 

What’s New in 2018?

  • New Speakers & Projects: Be prepared to hear from new speakers at the Congress, from leaders of Dana Petroleum, Bluewater and more
  • New Themes: Moving away from traditional streams, the 2018 Congress has been strategically designed to bring you along the entire FPSO journey 
  • New Topics: Through months of industry research, we have identified the most pressing industry challenges and have built the agenda around navigating these challenges 

Why Attend the FPSO Europe Congress?

 

Keep your finger on the pulse of how regulators, oil companies and FPSO contractors are evolving their field development initiatives and FPSO activity in the current market climate

 

Discover strategies and technologies to value preservation and reducing CAPEX and OPEX in both front-end planning and operational phases to keep project economics robust and sustainable

 

Learn best practices in operational excellence from leading FPSO projects and case studies from the North Sea and West of Shetland, and understand how to extend FPSO life cycle and integrity on operational assets

 

Engage in solution-oriented working groups and discussions with the FPSO value chain to brainstorm with your peers and walk away with actionable strategies to propelling FPSO projects forward and optimising existing assets

 

Form relationships with Europe-based oil companies and FPSO contractors as they re-evaluate their supply chain and look to form sustainable partnerships with contractors and suppliers

DOWNLOAD POST SHOW REPORT

Europe Congress 2017 Post Show Report

Once again, the FPSO Europe Congress delivered leading oil companies, FPSO contractors, EPCs, financiers, shipyards and the supply chain to discuss and debate value improvement and operational excellence for the FPSO value chain. Continuing to grow from strength to strength, the 3rd FPSO Europe Congress was proud to welcome over 200 delegates in 2017, including over 30 unique oil company and FPSO contractor accounts.

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2018 FPSO Distinguished Speakers include:

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Highlights from FPSO Europe Congress 2017

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The FPSO Europe Congress opened with a keynote address from Congress Chairman Duncan Peace of Crondall Energy. Duncan recapped the state of the market, and touched on the need for process intensification, embracing new technology, automation, delivering efficiency and reducing lifecycle costs for FPSO projects.

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Mark Mclean from Rystad Energy then provided an optimistic view about the oil price forecast, where he forecasted a $65-75 range to ensure sustainability in the market. In addition to that, Mark provided a compelling case to why deepwater developments would pick up by end of 2017.

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This was followed by the FPSO Industry Power Panel Discussion, where leading CXOs and figures from Teekay Offshore, MODEC, SBM Offshore, BP, Premier Oil and Dresser-Rand, A Siemens Business debated on the direction of the oil and gas and FPSO market and more importantly, the key strategies to ensure value preservation, cost reduction and increased operational efficiency.

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The afternoon sessions featured the interactive working groups, a platform which allowed interactive dialogue and discussion among all the delegates. The working groups in our technical stream focused on digitization and operational excellence for FPSO projects while the commercial stream topics looked at risk and compliance issues.


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We signed off Day 1 in style, with our Annual Congress Cocktail Reception hosted by Teekay Offshore, as delegates and speakers kicked back, networked and enjoyed themselves over drinks and canapés.

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Day 2 kicked off with an unprecedented joint presentation between BP and Teekay Offshore as Stuart Shaw, Deepwater Area Operations Manager, BP and Stig Morton, Vice President Operations, Teekay Offshore provided an insightful case study on the Foinaven FPSO.

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This was followed by our interactive working groups in the plenary hall, which allowed delegates to deep dive into 4 key strategic, commercial and operational themes. Each working group was led by an oil company/FPSO contractor executive and co-facilitated by a solution and service provider.

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The Congress ended with the closing keynote from Michael Wyllie, Group Technology Director, SBM Offshore as he touched on standardization as a quantifiable path to cost savings in the current market climate.

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