Congress Day 2 - Thursday, 3rd September 2020

8:00 am - 8:50 am Morning Refreshment & Registration

8:50 am - 9:00 am Opening Address By Congress Chairman

Mr Jeffrey Sim - Chief Operating Officer, Rubicon Offshore
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Mr Jeffrey Sim

Chief Operating Officer
Rubicon Offshore

9:00 am - 9:30 am Commercialising Fields Using Redeployed FPSOs – A Means to Navigate $30/bbl Oil?

Mr Jo Friedmann - Senior Oilfield Service Analyst, Rystad Energy

Rather than investing in brand new FPSOs for marginal or brown fields, oil operators have successfully refurbished existing FPSOs and redeployed them accordingly. In this dynamic oil price climate, can redeployment be used as an alternative means to advance FPSO projects? However, the question of redeployment is not as easy as it may appear, and could require extensive modifications which impact project timelines and project commercials


  • Identifying the advantages of redeploying existing FPSOs instead of using newbuilds
  • Sharing the difficulties faced when refurbishing an existing FPSOs for redeployment in a new field
  • Identifying how an FPSO is determined to be suitable for redeployment, and the project execution strategy to successfully deliver on time and on budget
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Mr Jo Friedmann

Senior Oilfield Service Analyst
Rystad Energy

9:30 am - 10:00 am Establishing FPSO Integrity through Innovative Structural Digital Twin Technology

An operator was experiencing high FPSO maintenance expenses, due to complex inspection and maintenance workflows that required a data-driven approach to provide actionable maintenance insights. Using the Akselos structural Digital Twin, the supermajor is achieving 5x ROI for the engineering workflow, enabling structural analysis as frequently as new inspection data is available

Top of Form


  • Harnessing structural digital twin technology for asset integrity
  • Enhancing holistic structural integrity management through real-time monitoring
  • Optimising FPSO inspection ROI with structural simulation technology


10:00 am - 10:30 am Data-Driven FPSOs: Fast-Tracking your FPSOs Conceptual and Design Phase to Operations and Asset Integrity with a Digital Roadmap

Mr Soichi Ide - Chief Digital Officer (CDO), MODEC Group

There has been a great deal of discussion surrounding the opportunities presented by digitalisation in the FPSO industry,. Largely, there have been many concerted efforts on integrating digital solutions in FPSO operations and maintenance. The conversation has now started discussing ways to leverage these solutions right from the FPSO design, construction and engineering phase itself to move towards a data-driven FPSO. In this session, industry players share ways to develop a comprehensive digital roadmap designed to help FPSO harness the full power of digital transformation throughout the entire project life cycle


  • Capitalising on powerful data analytics and visualisation to make optimal and rapid operating decisions for FPSOs
  • Enabling engineering and design trails via data and modeling to speed up the project timeline and reduce overall capital cost of asset development
  • Fusing data and futuristic design to supercharge innovation in FPSO engineering, design, operations and maintenance
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Mr Soichi Ide

Chief Digital Officer (CDO)
MODEC Group

10:30 am - 11:00 am How Digitisation Drives Innovation for the New Energy Landscape

Despite recent difficult years, the oil and gas industry is still the world’s largest industry. As oil prices are back on the rise and OPEC and Non-OPEC companies are working together, a new paradigm is on the horizon. A new energy future. Why? Recent headwinds have taught oil and gas companies strict cost disciplines and as they look to the future, they plan to maintain a tight hold on these lowered costs to operate. Yet with oil price increasing, new investments will and need to be made



  • What’s the new energy future: Delving into the new paradigm shift with the oil prices back on the rise
  • Sharing examples from recent and ongoing projects on how operators can leverage digital technologies to reduce costs, improve efficiency while maintaining safety and license to operate
  • Looking at new investment areas for digital solutions to optimise FPSO production and operations


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



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Mr Michael Skyum

Global Head of Supply Chain & Procurement
BW Energy & BW Offshore

The COVID-19 outbreak has caused many contracting problems during the construction and installation phase of a FPSO project. It is important for project stakeholders to manage their contracts effectively to maintain good relationships across the value chain despite any project conflicts that may arise due to this global pandemic.

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Mr Uzoma Victor Correia

Contracts Manager
BW Offshore

A group of experienced financiers will be on stage to kick-off a 20 mins discussion on whether the FPSO industry is still an attractive sector to invest in. During this session, delegates can post questions anonymously on a message board through the FPSO Network application. The financiers will then spend the next 40 mins answering these questions.

Structure clear responsibility governing FPSO project development including construction timelines and deliverables to ensure optimal productivity

This session will list down the various financing and legal issues surrounding vessel charter contracts and what can lenders’ do to overcome them and to reach a cost-effective win-win solution for all parties involved

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Mr Sidat Senanayake

Director - Energy
ING Bank Asia




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Mr Chris Bowles

Head of Sales Oil & Gas Upstream
MAN Energy Solutions

The current market environment presents a very opportune time for FPSO contractors and oil companies to go back to the drawing board to plan and design the next generation of FPSOs that are more efficient and productive, and have lower OPEX and CAPEX

Evaluate the benefits and limitations of FPSO standardisation vs. prescriptive whilst pursuing FPSO design and construction excellence


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Mr Philip Huizenga

Chief Operating Officer
Carnarvon Petroleum

Identify key pre-FEED processes that companies should focus on getting right to develop a robust FEED for on-target project deliverables

What are differences in operational, technical and cost requirements between greenfield and brownfield projects? Take a look at the various decisions and criteria to successfully execute a brownfield project from an operator’s perspective in order to help with operational planning, cost estimation and technical requirements

As the impact of the COVID-19 outbreak continues to grow, FPSO operators across the globe find themselves in various stages of the crisis management lifecycle. It is critical to understand the longer-term implications of COVID-19 on FPSO operations and respond strategy for a rapid commercial recovery

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Dr Aya Kusumawardhani

Lifecycle Efficiency Specialist
Yinson

Mr Shrawan Kumar - Manager, Shapoorji Pallonji Oil and Gas

Explore practical strategies to improve production efficiency while protecting asset integrity and meeting ongoing compliance and process safety requirements. Also, identify key challenges in maintaining an asset integrity framework for ageing and existing FPSOs and practical solutions without adverse impact on OPEX


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Mr Shrawan Kumar

Manager
Shapoorji Pallonji Oil and Gas

Ms. Sandra Antonovic - Chief Operating Officer, Reflex Marine

Find out some of the wearable technologies are available presently to help workers make better decisions and reduce operating costs




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Ms. Sandra Antonovic

Chief Operating Officer
Reflex Marine

Slash production time and cost through the use of data analytic tools in maintenance and asset integrity to strengthen FPSO oil production capacities and maximise revenue

The lack of projects over the past few years has caused the industry to reduce headcount in order to reduce OPEX. Now that the industry has recovered with projects being awarded again, companies need to decide whether to remain lean or look to employ professionals again

1:00 pm - 2:00 pm Lunch and Visit to the FPSO Technology Hall


STREAM D: FPSO FINANCING & CONTRACTING

2:00 pm - 2:10 pm Chairman's Opening Remarks
Mr Sidat Senanayake - Director - Energy, ING Bank Asia

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Mr Sidat Senanayake

Director - Energy
ING Bank Asia

  • Discussing the breakdowns of various financing solutions available in the market
  • Understanding the benefits and pitfalls of each type of financing structure
  • Identifying the most suitable avenue of financing based on geography, operational needs and timeframe
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Mr Dorian Delteil

Head of Oil & Gas
DBS Bank

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Mr Melvin Gwee

Director - Infrastructure Finance
Natixis Bank Singapore

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Mr Siddhartha Shrivastava

Head of Energy & Natural Resources, Global Structured Finance, Investment Banking Dept. Asia
Sumitomo Mitsui Banking Corporation (SMBC)

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Mr Shiv Sivarajah

Energy and Resources Sector
MUFG

STREAM D: FPSO FINANCING & CONTRACTING

2:40 pm - 3:10 pm Fireside Chat Structuring Win-Win FPSO Contracting Models to Increase Project Viability
  • Deciding on the optimal contracting model based on field and project requirements
  • Reviewing risk appetite and the impact of selected models on project economics
  • Unlocking a win-win contracting structure that adds value and exceed expectations


STREAM D: FPSO FINANCING & CONTRACTING

3:10 pm - 3:40 pm CASE STUDY: Exploring Project Bonds in Financing FPSOs
  • Understanding how project bonds enhances financial stability by diversifying its financing sources for FPSO projects
  • Discussing the risk appetite involved in project bonds issuance o secure financing flexibility for the future growth
  • Exploring the factors and commitments needed to impact issuance decisions

STREAM E: FPSO OPERATIONS, MAINTENANCE & ASSET INTEGRITY

2:00 pm - 2:10 pm Chairman's Opening Remarks
Mr Chirag Sehgal - Global FPSO Director, Siemens

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Mr Chirag Sehgal

Global FPSO Director
Siemens

STREAM E: FPSO OPERATIONS, MAINTENANCE & ASSET INTEGRITY

2:10 pm - 2:40 pm PANEL: Elevating FPSO Operational Readiness, Performance and Safety
Mr Curtis Lohr - Former Project Director - Stones, Shell
Mr Ehi Ataga - Reliability/Proactive Threat Management Engineer, Shell
  • FPSO facilities then and now: Reviewing opportunities for increasing FPSO production and operational capacities
  • Discussing areas of opportunities for new technology integration to improve OPEX and ROI
  • Upgrading and replacing underperforming, high-maintenance equipment to iincrease FPSO reliability, availability and maintainability (RAM)
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Mr Curtis Lohr

Former Project Director - Stones
Shell

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Mr Ehi Ataga

Reliability/Proactive Threat Management Engineer
Shell

STREAM E: FPSO OPERATIONS, MAINTENANCE & ASSET INTEGRITY

2:40 pm - 3:10 pm Powering Deepwater Production and Optimising the Lifecycle Performance through Digital Solution
Mr Chirag Sehgal - Global FPSO Director, Siemens
  • Topside 4.0: Delving into a digital lifecycle approach to maximise your FPSO asset optimisation
  • Improving lifecycle performance of mission critical equipment on FPSO
  • Enabling digital project management and delivery of an intelligent “digital twin” of your FPSO topside facility 


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Mr Chirag Sehgal

Global FPSO Director
Siemens

STREAM E: FPSO OPERATIONS, MAINTENANCE & ASSET INTEGRITY

3:10 pm - 3:40 pm CASE STUDY: Advancing the FPSO Project Delivery through Lifecycle Efficiency
Dr Aya Kusumawardhani - Lifecycle Efficiency Specialist, Yinson
  • Delivering project on time and on budget in a safe and quality manner while meeting the need of project budget, quality and schedule
  • Improving the project delivery time through integration of functions in the lifecycle efficiency structure
  • Focusing on tackling one of the challenges during the FPSO operations phase is related to the provision of data and unsatisfactory technical condition inherited from the prior life cycle phase by implementing lifecycle efficiency technique early in the project phase
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Dr Aya Kusumawardhani

Lifecycle Efficiency Specialist
Yinson

STREAM F: FPSO DIGITALISATION

2:00 pm - 2:10 pm Chairman's Opening Remarks

STREAM F: FPSO DIGITALISATION

2:10 pm - 2:40 pm PANEL: Harnessing the Benefits of AR, Analytics and IoT for Data-Driven FPSOs
Mr Arvind Naganathan - Deputy Lead Engineer, Instrumentation and Control, Shapoorji Pallonji Oil and Gas
Mr Mahaveer Prabu Thangaraj - FPSO - Automation Engineer, Equinor
  • Leveraging these innovative AR tools to make complex FPSO decisions faster and easier
  • Retrofitting FPSO with data analytics to take advantage on all data available
  • Applying IoT for connected operations, remote operations and preventive maintenance to reduce FPSO downtime  
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Mr Arvind Naganathan

Deputy Lead Engineer, Instrumentation and Control
Shapoorji Pallonji Oil and Gas

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Mr Mahaveer Prabu Thangaraj

FPSO - Automation Engineer
Equinor

STREAM F: FPSO DIGITALISATION

2:40 pm - 3:10 pm Enabling Critical Connectivity in Remote Locations with Satellite-based Data communications
  • Employing advanced intrusion prevention tools to continuously monitor threats
  • Leveraging on an extensible foundation to capture FPSO data and advanced operational analytics to drive productivity
  • Identifying real time data transmission problems to allow personal make right and fast decisions


STREAM F: FPSO DIGITALISATION

3:10 pm - 3:40 pm CASE STUDY: Harnessing the Benefits of Digitalisation in the Offshore Activities
Mr Abuhasan Sahibjan - Vice President, Technical & Maintenance, BW Offshore
  • Reducing FPSO downtime through predictive maintenance and machine learning tools
  • Leveraging on remote offshore support and monitoring tools to ensure FPSO is operated and maintained effectively
  • Conducting health checks and verification activity to assess the current condition of asset integrity of the FPSO
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Mr Abuhasan Sahibjan

Vice President, Technical & Maintenance
BW Offshore

3:40 pm - 4:10 pm Afternoon Tea Break and Networking


STREAM D: FPSO FINANCING & CONTRACTING

4:10 pm - 4:40 pm Financing FPSOs: Structuring Hybrid Asset and Project Finance Deals
Mr Erwin de Villeneuve - Director - ABN Amro Energy, APAC, ABN Amro Bank N.V. Singapore
Mr Sergio Panday - Head of Logistics & Energy Infrastructure - Coverage APAC, ABN Amro Bank N.V
  • Financing increasingly expensive FPSO projects
  • Balancing reduced construction costs with increased construction risk
  • Mitigating risk to minimise costs in ever more ambitious environments
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Mr Erwin de Villeneuve

Director - ABN Amro Energy, APAC
ABN Amro Bank N.V. Singapore

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Mr Sergio Panday

Head of Logistics & Energy Infrastructure - Coverage APAC
ABN Amro Bank N.V

STREAM E: FPSO OPERATIONS, MAINTENANCE & ASSET INTEGRITY

4:10 pm - 4:40 pm Operational Readiness & Operational Safety on FPSO Project
  • Discussing the key areas of operational readiness and safety
  • Understanding how operational readiness and safety fit in with the asset owners’ requirements
  • Reviewing important steps and priorities in your operational readiness and safety

STREAM F: FPSO DIGITALISATION

4:10 pm - 4:40 pm Using Big Data and Analytics to Modify Operating Strategies, Maximise Uptime and Minimise Maintenance Costs
Mr Arvind Naganathan - Deputy Lead Engineer, Instrumentation and Control, Shapoorji Pallonji Oil and Gas
  • Capitalising on data management and automation to provide a transparent and holistic view on FPSO operations
  • Utilising big data and remote control capabilities onshore to reduce crewing and manning on-board FPSO
  • Gaining access to real-time data to make informed decisions on FPSO operations and future maintenance schedule
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Mr Arvind Naganathan

Deputy Lead Engineer, Instrumentation and Control
Shapoorji Pallonji Oil and Gas

4:40 pm - 4:45 pm Intermission – Back to Plenary Hall

4:45 pm - 5:15 pm CLOSING KEYNOTE: Moving into Ultra-Deepwater FPSOs to Tap into New Project Opportunities

  • Assessing ultra-deepwater FPSO opportunities in Brazil, Africa and Southeast Asia
  • ·Exploring key design and construction considerations in developing Ultra-Deepwater FPSOs
  • Developing an integrated approach to technical, commercial and regulatory matters to propel ultra-deepwater FPSO projects forward

5:15 pm - 5:20 pm Chairman’s Closing Remarks and End of Congress

Mr Jeffrey Sim - Chief Operating Officer, Rubicon Offshore


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Mr Jeffrey Sim

Chief Operating Officer
Rubicon Offshore