Strengthening Brazil’s FPSO Projects with Commercial Project Fundamentals & Optimised Operations
May 21 - 24, 2024
| Windsor Barra, Rio de Janeiro, Brazil
Pre-Congress Focus Day I FPSO 101: Contracting, Execution & Financing Fundamentals (21 May 2024)
Recognizing potential financial risks and challenges during a project Planning project’s milestone during earlier stage to avoid monetary wastage Formulating strategies to manage speedbumps during project
10:00 am - 10:30 am
Morning Refreshments & Registration
10:30 am - 10:35 am
Welcome & Housekeeping Address
10:35 am - 10:40 am
Chairperson Opening Address
Helena Ramos -
Director of Project Finance,
Ocyan
10:40 am - 11:30 am
Project Financing Panel Discussion | Designing Bankable FPSO Projects in the Current Market Climate
Eduardo Garcia -
Director (Global Corporate Banking),
MUFG
Helena Ramos - Director of Project Finance, Ocyan
Julio Meireles - Sectoral Head – Project Finance, Banco Santander Brazil
Daniel O' Czerny - Head of Energy Finance, Citi
- What does a bankable, commercially viable FPSO project look like?
- Evaluating the importance of ESG, sustainability and carbon emissions in securing funding
- Understanding the intrinsic link between project financing and market trends – can the FPSO industry keep up?
11:30 am - 12:10 pm
Selecting the Right Contracting Model and Framework for your FPSO Project
Rodrigo Medeiros -
Finance Director,
SBM Offshore
- Assessing traditional lump-sum contracts and alternative models
- Explore risk allocation and sharing mechanisms between project stakeholders
- Building contract flexibility and adaptability throughout the lifecycle of the FPSO project
12:10 pm - 1:10 pm
Lunch & Networking Break
1:10 pm - 1:50 pm
Framing Commercially Bankable FPSO Projects to Win Over Financial Funds
Helena Ramos -
Director of Project Finance,
Ocyan
· Main challenges in financing new FPSO projects
· How to mitigate construction risk to ensure project bankability
· ESG restrictions and reduction of liquidity for greenfield projects
1:50 pm - 2:30 pm
FPSO Leasing Versus Ownership: Decision Factors, Contracting Strategies and Future Trends
· Discussing possible motivations behind a company’s decision to lease or own an FPSO
· Examining the balance sheet exposure of leasing vs owning an FPSO
· Formulating a transparent and cost-effective FPSO leasing strategy
