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

Media Center

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FPSO Europe Congress 2016 Profiling report

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 for the FPSO Europe Congress 2016, download the report.

Fast Track Your Attendance

If you're ready to register, just fill out the form and email it to Rani.Kuppusamy@iqpc.com.sg.

FPSO Europe Congress 2017 Sponsorship Prospectus

In this difficult market environment, you can’t afford to miss out on positioning yourself in front of Europe’s FPSO leaders from oil companies, vessel contractors, EPCs, shipyards and solutions providers.

Download this sponsorship prospectus to learn more about exhibiting at FPSO Europe Congress 2017. 

FPSO Europe Congress Attendee List

Still deciding if you should attend FPSO Europe Congress 2017? Download the attendee list for a sneak peek at this year's participants!

Report

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 for our upcoming event, FPSO Europe Congress 2017. Download the report to find out more.

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.

[Part 1/2] State of the FPSO Nation

This presentation by Puneet Sharma, Vice President of MODEC, provides a macro view of the current state of the FPSO market incorporating key developments in the oil and gas sector, offshore updates and most importantly, offer strategic insights on formulating a sustainable FPSO forward business plan for 2016 and beyond.

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. 

[Part 2/2] State of the FPSO Nation

This presentation by Puneet Sharma, Vice President of MODEC, provides a macro view of the current state of the FPSO market incorporating key developments in the oil and gas sector, offshore updates and strategic insights on formulating a sustainable FPSO forward business plan. 

This presentation is the last 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?

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

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.

Report

FPSO Europe Congress 2016 Post Show Report

Leveraging on our globally-recognised FPSO Congress series, the FPSO Europe Congress was proud to welcome over 240 delegates in 2016, a growth of 33% from 2015, despite the current oil price environment! 2016 saw an increase in oil company participation, while delivering CXOs from the leading FPSO contractors. Key participating organisations in 2016 included Shell, BP, Eni, SBM Offshore, Teekay Offshore, Bumi Armada, Wintershall AS Norge, Modec, Premier Oil, Tullow Oil, Alpha Petroleum, BW Offshore and more as they debated and formulated a strategy for 2016 and beyond.

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2016 FPSO Europe Congress Attendee List

Once again, the FPSO Europe Congress gathered leading oil companies, FPSO contractors, EPCs, financiers, shipyards and the supply chain to discuss cost-optimisation and project excellence across Europe’s FPSO value chain. This is a compiled list of attending companies and the respective job titles.

Presentations

FPSO Europe Congress 2016 Workshop: Upcoming FPSO Projects, Construction Market & Tender (ITT) Processes

In this presentation made by Thyl Kint, President of Ulenspiegel Pty Ltd, he talks about Upcoming FPSO Projects, Construction Market, & Tender (ITT) Processes. This workshop took place in February 2016 at FPSO Europe Congress 2016.   

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. 

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.

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