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 All-you-need-to-know about FPSO Project Financing: A step-by-step guide to getting the economics covered

Field development and FPSO projects are getting increasingly expensive and difficult to finance – this is also the biggest bottleneck in the entire project landscape. Are there innovative solutions to make the economics work? Can you work with different financing partners? This solution-focused workshop will provide you with practical tips and know-hows in developing your project finance plan, and get all the “check-boxes” ticked.

Learning Objectives:
  • Understand what goes into a project finance plan and how you can meet all the necessary criteria
  • Design innovative financing solutions by working with different financing bodies – Is this viable?
  • Build your step-by-step guide as a benchmark for all future projects
  • Get a broader view of the project in determining project viability and economic returns

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
  • Commercial Managers