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Digitisation of FPSO: An Essential Mean of Reducing Operational Costs in Offshore Fields

Digitisation of FPSO: An Essential Mean of Reducing Operational Costs in Offshore Fields

presented by Vincent Jacquement, Digital Consulting Director Oil & Gas, Schneider Electric

In this presentation, Vincent would touch on:

  • Oil & Gas Market and Digital Transformation
  • Managing the Cost Reduction Imperative
  • Benefits with the Digital Twin(s)
  • Benefits from More Analytics
  • Benefits of 3 Key Integrations
  • The Way Moving Forward

Download the presentation slides to understand more. 

Maximising FPSO Performance & Value with Automation

Maximising FPSO Performance & Value with Automation

presented by Mahaveer Prabu Thangaraj, FPSO - Automation Engineer, Equinor


Digitalization and Technology - Steering the Future of FPSOs

Digitalization and Technology - Steering the Future of FPSOs

We are living through unprecedented times. The global COVID-19 pandemic has caused travel restrictions and social lockdowns, contributing to market instability. Drastic measures taken to ease the spread of the virus restricts many of the key processes of the oil and gas industry. With oil prices hovering around the $42 per barrel* mark, the sector wonders what the future will hold. As it looks to the future, the industry is aware it needs to be strict on cost discipline yet improve efficiency and maintain safety standards, areas which digitalization can help with. As concerted efforts are made to improve project economics, digitalization can help with evaluating and analyzing data, improve cost savings, safety as well as technical and operational capabilities.

In this report, we focus more explicitly on how data-driven FPSOs and Digital Twins will steer the future for the industry. It will provide you insights on:

  • Digital transformation to accelerate FPSO projects
  • Data-driven FPSOs
  • Synergizing physical and digital FPSOs
  • Next steps forward

FPSO WORLD CONGRESS LIVE! VIRTUAL INTERACTIVE DISCUSSION GROUPS (3 SEPTEMBER 2020)

In this highly interactive segment, delegates will have the opportunity to take part in discuss 2 out of the 13 major issues affecting the global FPSO industry. Each delegate will start at the first topic of their choice and engage in free-flowing discussion, led by a topic leader. At the end of 60 minutes, they will proceed to the next table to discuss their second topic of choice. All discussions will take place concurrently. Each IDG topic is limited to 8 senior level Oil Producers, FPSO Contractors, Shipyard Operators and EPC companies only.

Kindly note there are 2 rotations.

  • 1st rotation time: 3:00 PM - 4:00 PM (SGT) ;
  • 2nd rotation time: 4:30 PM - 5:30 PM (SGT)
IHS Markit Report - FPSO Projects in the Pipeline

IHS Markit Report - FPSO Projects in the Pipeline

In 2019, we saw a positive market sentiment due to stabilising oil price and encouraging government regulations in oil-rich regions, it was predicted to have more FPSO projects coming online and being commissioned.

Moving into 2020, the sudden COVID-19 disruption and the oil price war have shaken the FPSO industry. The FPSO World Congress team caught up with IHS Markit to discuss the current oil situation and what their forecast is for 2020 and beyond.

Download now to see the how the FPSO market is shaping up in Asia Pacific, Central and South America and Europe, Africa and the Middle East.

Investment Report - FPSO World Congress

Investment Report - FPSO World Congress

2019-2020 looks set to become the biggest period of growth in the history of the FPSO market with predictions that it will reach over USD 30 billion by 2025.

We asked solution providers and industry partners catering to the FPSO market how things sat with regard to investment opportunities. We look at who they want to target within the industry, where the growth regions are and what challenges lie ahead. Download the report!

The State of the FPSO Market 2019 - Full Report

The State of the FPSO Market 2019 - Full Report

This is the full detailed report from the State of the FPSO Market 2019 (Infographic) content.

For 2019 and beyond we surveyed industry leaders and examined how FPSO professionals feel about the future of the sector.

Deep dive into the report to discover industry answers on topics such as:

  • Project delivery and management 
  • Digital solutions
  • Impact of evolving business models 
  • Topside technology selection 

Download to see if their views marry up with your own. 

Attendee Snapshot

Attendee Snapshot

Current Attendee Snapshot for those you can expect to see at FPSO World Congress 2019.

What FPSO Projects are in the Pipeline

What FPSO Projects are in the Pipeline

Given the positive market sentiments due to stabilising oil price and encouraging government regulations in oil-rich regions, there are more FPSO projects coming online and being commissioned.

With information provided by IHS Markit we have produced a region by region view on the FPSO projects around the world that are currently under construction and a few that are in the planned phase. 

Download now to see the how the FPSO market is shaping up in Asia Pacific, Central and South America and Europe, Africa and the Middle East 


Why China is Setting Sail for Success in the FPSO Market

Why China is Setting Sail for Success in the FPSO Market

China is increasingly becoming a behemoth player in the international FPSO market. Signs point towards it taking precedence in the global market due to its development of expertise and production advancement.

In this report we spoke with David Boggs, founder and Managing Director of market intelligence firm Energy Maritime Associates on the rise of the FPSO China market. 

Boggs discusses the gradual build up of expertise in the shipyards and the move towards working with an international market. He also shares the top advantages to executing a project in China along with those that have been successful and what the future holds. 

Download article to read more.