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The digital companion event for the real-world 
FPSO Congress series

Gain insight from thought leaders and learn 
about new solutions 

Starts 29 - 30 Oct 2018

Financing in the $50-$55 oil price environment – reinventing the wheel may be necessary!

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What is FPSO Online?

FPSO Online is the digital event and multimedia resource hub dedicated to the floating production, storage and offloading industry.

The event will feature a series of interactive webinars from the operator and service provider perspectives that deal with a range of integral issues.

What topics will be covered?

Project execution and technical innovation – how can digital solutions transform schedules and timelines?

Digital transformation and AI for the FPSO industry

Contracting charter projects quicker & on terms that stack up for both operators & contractors

Fostering collaboration & cooperation in the operator/contractor relationship

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FPSO Online 2018 has been designed to meet this need allowing delegates to learn from FPSO experts at a time and place to suit them.  Topics that will be addressed include: improving FPSO project execution, mitigating third-party risk, talent management, digital transformation, value engineering in pre-FEED and much more.  We will also be zooming in on next-generation FPSO’s examining cutting-edge technology, financing and product diversificationOnline is the digital event and multimedia resource hub dedicated to the floating production, storage and offloading industry.

CURRENT AGENDA

Day 1: Monday 29th October

Welcome Address FPSO Network

Opening Address from Chairperson 

10 : 00 AM GMT

10 : 10 AM GMT

Session One - State of the FPSO Industry
Update yourself with facts and figures from the 2018 market; examining the current oil price scenario, impact of recent FPSO orders and assessing new FPSO opportunities

Session Two - Driving FPSO Innovation with Digital Transformation 

Explore how disruptive technologies such as artificial intelligence, augmented reality, drones, wearables, and data analytics can reduce costs and increase productivity for your FPSO project. This session examines both blue-sky innovation and the practical application of these cutting-edge tools

10 : 20 AM GMT

11 : 30 AM GMT

Session Three - Achieving Cost Reduction and Compressing FPSO Project Schedules

Explore marginal gains that can be made at the pre-FEED stage and beyond to ensure on-time and on-budget execution.  This session will also look at how to overcome expected and unexpected reasons for cost-overruns and project delays such as poor selection of contractors, lack of leadership and untracked scope challenges

14 : 00 PM GMT

Session Four Managing Risk and Ensuring Performance with Your Vendors and Suppliers

This session focuses on enhancing and streamlining supplier management and vendor selection to reduce overall lifecycle costs. As well as a guide to rigorous due diligence this session will examine how to manage vendor performance satisfactorily once the contract is signed and what red-flags to watch out for

15 : 30 PM GMT

Chairman’s Closing Remarks – End of Day One

16 : 15 PM GMT

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Day 2 : Tuesday 30th October

Opening Remarks Chairperson

10 : 00 AM GMT

Session Five – Winning the Talent War to Take Advantage Of The Next Wave of FPSOs

After the mass exodus of the last few years of personnel from contractors and oil companies alike, the question of who will spearhead the next wave of projects is a tough one.  Couple this with the advent of digital transformation in the oil and gas industry, and it becomes apparent that the profile of talent you need is changing. This session explores the skills you need for current and future talent, and gives tips on recruitment, retention and leadership. Also looking into how as an industry we can attract the younger-generation to positions within the oil and gas industry.

Session Six – – Future Proof Your Strategy: FPSO vs. LNG vs. Other Renewables 

It would be fool-hardy to presume there is never going to be another dip in oil prices, in-fact agility and diversification is the only way to ensure you company is protected against what happens next this volatile industry. We will also be looking at the impact of shale oil vs. routine oil production, and its effects on the LNG market.  This session discusses the best way to do that and helps you create a blueprint to tackle future instability.  


10 : 10 AM GMT

11 : 30 AM GMT

Session Seven – Panel Discussion: Lessons Learnt From The Crash And How Your Strategy Should Change
 
The slump in oil prices that plagued the oil and gas sector in recent years did not spare the
FPSO sector. But now, with oil prices rising and after almost a two year period of absent orders, the market is finally seeing an uptick. But what does this mean for the FPSO operators and contractors, is it business as usual or time for a whole new strategy?  This session explores what lessons we can learn from the crash and what you need to be thinking about as the market recovers. 


14 : 00 PM GMT

Session Eight – Friend or Foe?: Examining Digital Transformation Within Your Asset Integrity Framework

Despite the oil and gas industry’s embrace of digital transformation, there are still some fears that over-reliance on solutions such as AI and machine learning, could compromise asset integrity. This session examines how you can best use digital solutions within your asset integrity framework to enhance project execution, maintenance and operations

15 : 30 PM GMT

15 : 15 AM GMT

Chairman’s Closing Remarks

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