10 September 2024 - Pre-Congress Focus Day - FPSO 101: Commercial Project Fundamentals
Focus - Day
10:00 am - 10:30 am
Morning Refreshments & Registration
10:30 am - 10:35 am
Welcome and Housekeeping Address
10:35 am - 10:40 am
Chairperson Opening Address
10:40 am - 11:20 am
Panel Discussion: Crafting Economically Sustainable FPSO Projects with ESG in Mind
Haider Manasawala -
Regional Finance Head,
Chevron
Emil Andrรฉ Talberg - ESG Specialist, Yinson Production
Arthur Tay - Director, Project Financing, MUFG
Explore innovative strategies and best practices that reconcile economic viability with environmental and social responsibility, shaping the future of FPSO development in a rapidly evolving energy landscape.
- Integrating ESG considerations into preliminary FPSO project planning
- Ensuring financial sustainability while prioritising environmental and social responsibility
- Collaborating with stakeholders to align project goals with ESG principles
- Adhering to ESG standards to promote long-term project success
11:20 am - 12:00 pm
Fireside Chat: Exploring Alternative Project Financing for FPSOs
Dindo Abueg -
Senior Managing Partner,
Abacap Infrastructure
- Investigating diverse options for financing FPSO projects
- Exploring unconventional financing structures tailored to FPSO ventures
- Implementing measures to address financial uncertainties and ensure project viability
- Anticipating shifts in FPSO financing landscape and adapting to emerging funding opportunities
12:00 pm - 1:00 pm
Lunch and Networking Break
1:00 pm - 1:40 pm
Recipe for Success: Curating Effective Contracts for FPSO Project Agreements
Ikhwan Sunoto -
Head of Supply Chain Management,
EPOMS
Explore key ingredients and strategies for crafting contracts that foster collaboration, mitigate risks, and ensure project success. Unravel the essential elements of contract negotiation and implementation, shaping the blueprint for prosperous FPSO ventures.
- Developing robust agreements tailored to FPSO project requirements
- Identifying essential elements for successful FPSO project contracts
- Mitigating potential challenges through clear and comprehensive contract terms
- Establishing collaborative partnerships to ensure project success and contractual compliance
1:40 pm - 2:20 pm
Local Content Strategies for Compliance and Community Engagements in Projects
Dirzi Zaidan -
Project Manager,
Husky CNOOC Madura Limited (HCML)
With hurdles including entry barriers into the global FPSO contracting market due to engineering intricacies and strict local content requirements, coupled with rising costs and a 25% mandate, overseas projects present significant challenges. Join Dirzi, a prominent figure in the Indonesian FPSO market, as he discusses strategies to navigate these obstacles and drive successful project outcomes through effective local content initiatives and community partnerships.
- Meeting local content requirements for project adherence
- Building relationships with local communities for project support
- Implementing effective approaches to ensure compliance and community involvement
- Assessing the influence of local content strategies on project success and community development
