18 - 19 February, 2020
London

Agenda Day 1 (18 February 2020)

8:00 am - 9:00 am Morning Refreshment & Registration

9:00 am - 9:10 am Opening Remarks from Chairperson

David Hartell, EVP Operations & Production at New Age (African Global Energy) Limited

David Hartell

EVP Operations & Production
New Age (African Global Energy) Limited

Market Outlook & Opportunities in Europe

9:10 am - 9:40 am Exploring Opportunities in Europe’s FPSO Market – Smaller Pools, Bigger Opportunities

  • Evaluating the oil market in 2020 and anticipating challenges in exploration and production
  • Understanding Europe’s unique fields and market, and how it affects project profitability
  • Navigating challenges in manpower shortage, financial difficulties and regulatory standards
William Cunningham, Research Analyst Oil & Gas at IHS Markit

William Cunningham

Research Analyst Oil & Gas
IHS Markit

  • Ensuring asset fit-for-purpose to satisfy technical and financial objectives
  • Limiting carbon emissions through sensors to monitor performance and predict gaseous release
  • Working together with regulatory authorities to identify structural complications early
David T. Walker, HM Principal Inspector of Health & Safety – Health & Safety Executive (Operational Policy Team Leader, Energy Division) at UK Health and Safety Executive

David T. Walker

HM Principal Inspector of Health & Safety – Health & Safety Executive (Operational Policy Team Leader, Energy Division)
UK Health and Safety Executive

10:10 am - 10:30 am Speed Networking Session

10:30 am - 11:00 am Morning Tea & Networking Break

Navigating Standards & Regulations in Europe

11:00 am - 11:30 am Navigating Standards, Specifications and Project Requirements in Europe

  • Standardising commercial standards for clearer compliance
  • Inspecting vessels standards strategically to reduce marine hazard risks
  • Adapting FPSOs’ processes and operations  to changing field requirements
Philip Smedley, UEC Floating Systems Engineer and Structures Advisor at BP

Philip Smedley

UEC Floating Systems Engineer and Structures Advisor
BP

11:30 am - 12:20 pm Industry Power Panel | Prescriptive vs Functional Requirements – Designing Competitive FPSO Projects in Europe

  • Reconciling prescriptive specifications and functional requirements from a standardisation outlook
  • Driving simplification without excessive design specifications for the best FPSO model
  • Evaluating the feasibility of standardisation to increase FPSO vessel usability in Europe
Paul Culpin, Development manager at Rockhopper Exploration Limited

Paul Culpin

Development manager
Rockhopper Exploration Limited

12:20 pm - 1:50 pm Networking Lunch

STREAM A | FPSO Design & FEED Development

1:50 pm - 2:20 pm Key Ingredients in a Solid Field Development Plan for a Streamlined FPSO Development
  • Optimising facilities design and installation methodology with effective FEED
  • Leveraging well-advanced regulatory interface and digitalisation solutions
  • De-risking projects from a technical, cost and schedule outlook with post-FEED optimisation process
Paul Culpin, Development manager at Rockhopper Exploration Limited

Paul Culpin

Development manager
Rockhopper Exploration Limited

STREAM A | FPSO Design & FEED Development

2:20 pm - 2:50 pm Understanding Critical Factors Involved in Developing an Effective Execution Strategy for FPSO Projects
  • Identifying the stakeholders involved along the different project phases
  • Managing functional requirements and change management
  • Mapping the path to FEED and project execution

STREAM B | Enhancing Asset Integrity & Safety

1:50 pm - 2:20 pm Industry Thought Leadership

STREAM B | Enhancing Asset Integrity & Safety

2:20 pm - 2:50 pm Inspect, not Expect – Effective Asset Integrity Management of FPSOs
  • Identifying how to improve assets over the life of field operations
  • Understanding inspection techniques of subsea systems
  • Recognising asset integrity standards and requirements

2:50 pm - 3:20 pm Afternoon Tea & Networking Break

Balancing Whole-of-Project Lifecycle Costs

3:20 pm - 3:50 pm Adopting a Risk Sharing Model Across Project Stakeholders to Navigate the Financing Bottleneck

  • Aligning interests and objectives across project stakeholders
  • Engaging stakeholders from the start to strengthen financiers’ confidence and credit support
  • Tapping on alternative project financing models to fit project requirements
  • Overcoming common inhibitors to FPSO project financing
  • Evaluating CAPEX and OPEX costs to enhance FID-certainty
  • Analysing top ingredients that increases project bankability 
Fathima Hussain, Managing Director, Oil & Gas Corporate Finance at Standard Chartered Bank

Fathima Hussain

Managing Director, Oil & Gas Corporate Finance
Standard Chartered Bank

Veronika Bergerud, Senior Vice President - Oil & Gas Projects/Ocean Industries at Eksportkreditt Norge AS

Veronika Bergerud

Senior Vice President - Oil & Gas Projects/Ocean Industries
Eksportkreditt Norge AS

Christian Synetos, Vice President at Blackrock Global Energy & Power Group

Christian Synetos

Vice President
Blackrock Global Energy & Power Group

Oskari Jaakkola, Vice President, Business Development and Sales at Bumi Armada

Oskari Jaakkola

Vice President, Business Development and Sales
Bumi Armada

4:40 pm - 5:00 pm Chairman’s Closing Summary and End of Congress Day One

David Hartell, EVP Operations & Production at New Age (African Global Energy) Limited

David Hartell

EVP Operations & Production
New Age (African Global Energy) Limited

5:00 pm - 5:30 pm Cocktail Reception by Dunlop Oil & Marine Ltd