Pre-Congress Workshops - 26 February 2018

9:00 AM - 12:00 PM FPSO 101: Your One-Stop Guide to FPSOs and How to Effectively Integrate FPSOs for Field Developments

Simon Bradbury, Chief Operating Officer, Steam Oil Production Company
Even in the current oil price climate, FPSOs undeniably remains the most cost-effective solution for relevant offshore projects. This is especially true in environments such as the North Sea and West of Shetlands with marginal fields present. How exactly can FPSOs be effective in monetising marginal field developments? With the extensive investments involved in getting an FPSO up and running, is this cost actually justifiable? In this one-stop guide for FPSOs, understand essential financing, contracting, commercial and technical considerations, and explore how you can effectively integrate FPSOs for marginal field developments.

Learning Objectives:
  • Examine the main components of an FPSO – What goes into FPSO design?
  • Discover the difference between new-builds vs converted FPSOs
  • Review various FPSO models and determining which is the better fit for your project
  • Evaluate available financing and contracting models to make project economics work
  • Understand how to successfully integrate FPSOs into marginal field developments

Who is this workshop for?
  • CXOs, Directors and Vice Presidents from Oil Companies
  • FPSO Project Managers from Oil Companies and FPSO Contractors
  • Field Development Managers
  • Engineering, Construction, and Technical Heads, Directors and Managers
  • Operations Heads, Directors and Managers
  • Equipment Providers

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Simon Bradbury

Chief Operating Officer
Steam Oil Production Company

1:00 PM - 4:00 PM Integrating Digital Solutions into FPSO Operations

Elgonda la Grange, Director for Digital Solutions, Siemens
This workshop will explore the various applications of digital solutions throughout the FPSO value chain and their impact on project executions and operations. It will also discuss the cost of implementing such solutions for an industry that is currently facing challenging market conditions.
Learning Objectives:
  • Explore the best ways to implement digital solutions throughout the FPSO value chain
  • Understanding the impact of digital solutions on FPSO project executions and operations, especially during the low oil price environment
  • Examine the cost of implementing digital solutions and the timeframe needed to see ROI
  • Justifying the need for investment in new, innovative digital solutions and why the FPSO industry should embrace these solutions whole-heartedly
Who is this workshop for?
  • FPSO Project Managers
  • Commercial Managers
  • Operations Managers
  • Technical Managers

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Elgonda la Grange

Director for Digital Solutions
Siemens