Mr Joseph Azran-Alemberg

FPSO Delivery Manager Jadestone Energy

Congress Day 1 - Wednesday, 2 September 2020

Wednesday, September 2nd, 2020

9:10 AM POWER PANEL DISCUSSION: Evaluating the Impact of COVID-19 on the Global FPSO Market, $30 Billion of E&P Investments and Its Project Deliverable

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  

2:00 PM PANEL Aligning Technology, Operations and Workforce to Maximise FPSO Performance & Production

  • Determining the organisational and culture change needed to support digital transformation for FPSOs
  • Discussing the current manpower situation for the FPSO industry and determine gaps required for technology investments 
  • Exploring necessary steps needed to formulate an on-time and on-budget operation alignment strategy

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

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