Mr Eric Van Dijk

Vice President – Project Development MODEC

Congress Day 1 - Tuesday, 1 September 2020

Tuesday, September 1st, 2020

3:10 PM OPENING KEYNOTE PANEL: EVALUATING THE IMPACT OF COVID-19 ON THE GLOBAL FPSO MARKET,

Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are being built at shipyards in China, South Korea and Singapore that are heavily affected by COVID-19. If the epidemic escalates, the delays could increase to nine or even 12 months, especially taking into account the restricted time windows for heavy transport, installation and hook-up. The average development time for an FPSO is 36 months, meaning that companies could face a 30% delay.


  • Overcoming up to 30% delays in project deliveries due to extensive staffing and supply shortages in COVID-19 affected countries
  • Managing project management issues such travel bans restrict contractors, engineering firms, certification companies and E&P officials from accessing shipyards
  • Discussing fast-tracking developments strategies and effective business contingency plans to reduce project delays  

Check out the incredible speaker line-up to see who will be joining Eric .

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