27 - 28 February, 2018
ILEC Conference Centre and Ibis London Earls Court, London, United Kingdom

Media Center

DOWNLOAD THE 2018 BROCHURE

The FPSO Europe Congress was proud to welcome over 250 delegates in 2017, a growth of 33% from 2016 despite the low oil price environment, a clear demonstration of the industry’s need for dialogue now more than ever.

Download the brochure to learn more about FPSO Europe Congress 2018.

Infographics

FPSO - Falling Prices, Sliding Options

The average oil price has halved in the space of 12 months and no part of the oil and gas industry has been hit harder than the floating production, storage and offloading (FPSO) sector. Employed in fields where “floater” technology can make marginal deposits into profitable ones, an oil price hovering around $50 is testing the viability threshold of projects the world over. In this infographic, we take a look at some of the trends that are forming and driving the FPSO arena.

Whitepapers

A Snapshot of Europe's FPSO market in 2017

The FPSO industry has been evolving to adapt to the market climate over the past few years. With this new-found awareness across the FPSO value chain of how cooperation and project delivery must change, comes an unprecedented opportunity to improve the processes and standards of the industry for long-term sustainability and growth. To discover what the key industry players are planning over the short to mid-term, we have compiled the findings from our latest survey conducted with the attendees who attended the FPSO Europe Congress 2017. Download the report to find out more.

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FPSO Europe Congress Attendee List

If you have missed attending the FPSO Europe Congress 2017 find out who attended last year! Mark your diary for 2018!

Articles

Six Guidelines for Executing Offshore Brownfield Projects

Both the execution and commissioning of Brownfield projects can constitute major challenges to the oil and gas industry. However they can also be a solution to financial and operational constraints.In this article, Kevin Bourgeois, VP Brownfield Projects, Kosmos Energy, tells us six guidelines for executing offshore Brownfield projects.


Whitepapers

Mooring Incidents Over The Past Years, Their Root Causes And How They Can Be Avoided

The consequences of mooring line failure are undesirable. It is not just the danger of lines breaking, but damage caused to the risers and other subsea equipment can make reinstatement extremely costly too. The reputation of the operator will be at stake, there can be disruptions to production and most important of all, lead to possible loss of lives and environmental issues.

What makes FPSO redeployments so difficult?

FPSO redeployments are one of the key features that make FPSOs costeffective solutions for field developments, however this strength has been undermined by a growth in inefficiency. Now, the real barriers to successful vessel redeployment lay not so much in the expected technological challenges but instead, in the inflexibility regarding specifications, the lack of shared risks between stakeholders and the distrust present in the operatorcontractor relationship.

The Seven Point Funding Checklist

As Christmas approaches, this is hardly the season to be jolly in the floaters sector, but the show must go on and the FPSO market will bounce back. In the meantime, projects will continue to be mooted and securing finances is the first step on the road to commission and deployment.
In consultation with veteran FPSO and financial professionals alike, we have put together a checklist of how to secure the cold hard cash needed to get your FPSO project off the ground in this adverse commercial climate.

Video

Stones Project Update: Achieving First Oil & Development Opportunities [Part 2/2]

In this presentation, Curtis Lohr gives a project update on Stones FPSO.

This presentation took place in September 2016 at the FPSO World Congress 2016 and is the last of two parts.

Reducing FPSO Project Costs with Innovative Technology

In this interview, Lars Odeskaug, COO at Sevan Marine explains the value proposition of cylindrical FPSO hulls, the importance of driving project prices down and establishing partnerships.

This interview took place at the FPSO Europe Congress 2016 in London.

Stones Project Update: Achieving First Oil & Development Opportunities [Part 1/2]

In this presentation, Curtis Lohr gives a project update on Stones FPSO. 
This presentation took place in September 2016 at the FPSO World Congress 2016.
This video is the first of two parts. 

Prabhat Garga: ‘Alliancing’ – A Solution for the Low Oil Price Environment? [Part 2/2]

Some very successful offshore oil and gas developments were created in early 1990s in the UK North Sea using the alliance form of contracting in the aftermath of the last major, sustained downturn in oil prices (BP-Andrew, Conoco/Chevron- Britannia). 

In this presentation, Prabhat Garga, Senior Advisor from Upstream Advisors discusses why were they successful then but not consistently pursued thereafter. Do similar conditions exist today for successful ‘alliance’ based delivery of projects? Key and relevant lessons learned from those 2 developments will be discussed for their possible use in future alliance projects. This video is the last of 2 parts.

Prabhat Garga: ‘Alliancing’ – A Solution for the Low Oil Price Environment [Part 1/2]

Some very successful offshore oil and gas developments were created in early 1990s in the UK North Sea using the alliance form of contracting in the aftermath of the last major, sustained downturn in oil prices (BP-Andrew, Conoco/Chevron- Britannia). 

In this presentation, Prabhat Garga, Senior Advisor from Upstream Advisors discusses why were they successful then but not consistently pursued thereafter. Do similar conditions exist today for successful ‘alliance’ based delivery of projects? Key and relevant lessons learned from those 2 developments will be discussed for their possible use in future alliance projects.

This video is the first of two parts. 

Arne Bye: Enhancing FPSO Operational Excellence for Brownfields [Part 1/2]

Arne Bye, SVP Operations from Teekay Offshore Production presents on the following:

  • Reviewing the entire FPSO operations value chain: How can we effectively reduce operational costs?
  • Strategies on optimizing FPSO uptime and oil recovery from brownfields
  • Philosophies contributing to lean FPSO operations: What are the fundamentals that need to be upheld?

Presentations

Stones FPSO- Construction Update & Strategies Enhancing FPSO Performance and Safety

This presentation was done by Curtis Lohr, Stones Project Director of Shell, during the FPSO Europe Congress 2016.

Sea Lion Complex Development

In this presentation, David Hartell, Senior Development Manager of Premier Oil, explains how Premier Oil plan to work together with the Contractors delivering a cost-effective project for the initial development of the Sea Lion Complex amid low oil prices and in accordance with FIG / UK HSE regulatory requirements.

Targeting Deep Water in the Gulf of Mexico

In this presentation slides by Lars Ødeskaug from Sevan Marine, he showcases the Sevan FPSO concept and its application to the Ultra Deep Waters in the GoM.

Pitfalls throughout an FPSO Project Lifecycle How can we Streamline Execution?

In this presentation, Gurin Hanspal, Kraken Project Manager at Bumi Armada Berhad, explains why FPSO projects often run over budget and the organisational changes need to take place to fix the problem. 

How FPSO Contractors Can Help Oil Companies Develop a Successful Business Case for an FPSO Development

In this presentation, Simon Harman from Woodside Energy talks about how FPSO Contractors Can Help Oil Companies Develop a Successful Business Case for an FPSO Development. Download the slides to read more about:

  • Assessing oil companies’ key considerations when selecting an FPSO procurement strategy for a development
  • What messages do oil companies “hear” from FPSO contractors?
  • What can vessel contractors do to increase their chances of successfully winning an FPSO contract?

Re-examining Procurement Strategies for Sustainable Cost Reduction in the Supply Chain

In this presentation that took place at the FPSO World Congress 2016, Kamal Karthik from Yinson speaks about the following:

  • Which FPSO components and services would benefit from alternative agreements and partnerships with suppliers?
  • Integrating the supply chain into initial project execution and engineering conversations to optimise the balance of CAPEX and OPEX
  • Leveraging the current market downturn to re-evaluate procurement processes for long-term cost savings
  • Developing a win-win relationship with suppliers in order to mitigate the compounding costs of risk down the supply chain

Drone inspections in Maersk Oil UK - Topsides and tanks

Maersk Oil UK has been using drones since 2013 as a cost effective way to conduct maintenance inspections. This slide deck lists their current uses, images from the inspections, benefits and lessons learnt.

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FPSO 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. 2017 saw an increase in oil company participation, both in seniority and unique account participation, while delivering CXOs from the leading FPSO contractors. Key participating organisations in 2017 included Shell, BP, Eni, Total, Premier Oil, Sasol, SBM Offshore, Teekay Offshore, Bumi Armada, Wintershall AS Norge, Modec, Alpha Petroleum and more as they debated and formulated a strategy for 2017 and beyond. All making the FPSO Europe Congress the largest show in Europe and a massive success!