Maximising Europe’s Marginal & Brownfield Reserves
Redeployment, Life Extension & Late-Life Operations | Autonomous FPSOs | Asset Integrity, Safety & Standards
Already, 8 planned FPSO projects are developing in Europe in the next 11 years.
Unique to Europe’s oil reserves are smaller fields and shorter project lifespan, which spell lower break-even prices at only approximately $35/bbl for oil companies to ensure project profitability. With oil prices stabilising at around $60/bbl, Europe is well-poised for steady growth.
However, challenges such as manpower shortages, financing difficulties, stringent regulatory standards and rising OPEX costs still lie ahead of project operations.
The 6th edition of the FPSO Europe Congress 2020 will hence explore innovative solutions to navigate these challenges. Specifically, the Congress will focus on ensuring successful redeployment through vessel fit-to-field, enhancing FPSO life extension strategies & late-life operations, leveraging autonomous FPSOs and maintaining asset integrity, safety & standards.
Come meet the regions’ oil companies, FPSO contractors, EPCs and solution providers in February 2020!
Key Takeaways Include:
Debate practical strategies to maximise North Sea and West African oil field potential
Explore innovative and alternate financing for small-mid oil independents
Commercialise marginal fields available in the North Sea through redeployment and innovative FPSO solutions
Enhancing Productivity and Asset Integrity during Operations
Our 2019 Distinguished Speaker Faculty include
UEC Floating Systems Engineer and Structures Advisor
EVP Operations & Production
New Age (African Global Energy) Limited
Rockhopper Exploration Limited
Vice President, Technology
Highlights From FPSO Europe Congress 2019
Hear what our past attendees have got to say
“The Congress manages cleverly to tick all the boxes by addressing a diverse range of subjects without losing depth of analysis by the individual speakers. This attracts attendees from right across the industry to one important meeting venue”Simon Bradbury, COO, Steam Oil Production Company
“A current, frank and insightful appraisal of the status of the FPSO and broader upstream business”Nigel McKim, COO, MX Oil
“The FPSO Europe Congress was an excellent opportunity to assess the challenges and opportunities of offshore and FPSO projects worldwide”John McHugh, Senior Process Engineer, ENI
“Inspiring FPSO networking event with interesting updates on market developments, views as well as sharing operational and project experience”Peter Burger, Vice President, Technology, Bluewater
“The event was a really valuable use of my time. The high calibre, honest and open speakers, allowed excellent ideas to flow and the whole event provided a unique networking opportunity unrivalled in this industry”David Barton, Head of BD, Babcock International Group
“Very worthwhile technical, commercial, and contractual sessions with people from across the FPSO industry including owners, operators, contractors, suppliers and regulators”Dave Hartell, Senior Development Manager, Premier Oil