FPSO Bulletin-PDFW-6

THEROADAHEAD:FINDINGOPPORTUNITYINTHEDOWNTURN
19-22SEPTEMBER2016
MarinaBaySands,Singapore
VOLUME 7
Curtis Lohr
Stones Project Director
SHELL
Simon Harman
FPSO Category Manager
WOODSIDE ENERGY
Maria Pena
Business Opportunity
Manager, Deepwater
Stones Asset, SHELL
StuartWheaton
UK Director and Business
Unit Manager
PREMIER OIL
+manymore!Turnto page 8forourfull speakerline up!
In this challenging market climate, leading FPSO decision-
makers continue to choose the FPSO World Congress as their
main platform for industry dialogue. Hear leading insights
from our global speaker faculty, including:
Puneet Sharma
Vice President
MODEC
Chris Brett
President
TEEKAYOFFSHORE
Eirik Barclay
Chief Executive Officer
YINSON PRODUCTION
MichaelWyllie
Group Technology Director
SBM OFFSHORE
www.fpsoworldcongress.com
HowtheFPSOSupplyChainCanHelpOil
CompaniesintheCurrentMarketClimate
-byWoodsideEnergy
CommercialisingFPSORedeployment
-byTeekayOﬀshore
Areyouayoungengineerorknow
someonewhois?AttendtheFPSOWorld
CongressforonlySGD$899!
Turntopage18formore!
FPSOTurrets&MooringMasterclass
-byPetrobrasAmericas
TechnicalValueEnhancementforFPSOsto
ReduceCAPEXandOPEX
-byCrondallEnergy
DevelopingATenderingStrategyfor
UpcomingFPSOProjects
-byThylKint
GET 60% CASHBACK THROUGH
THE PIC SCHEME!
Turn to page 2 for more details
Turntopage18formore!
WHERE DOES THE
OPPORTUNITY LIE?
Join Our 5 Essential Workshops for First-
Hand, Practical Strategies from FPSO
Thought Leaders on:
Tel: +65 6722 9388 Ÿ Fax: +65 6720 3804 Ÿ email: enquiry@iqpc.com.sg

WELCOME
TO THE FPSO WORLD CONGRESS 2016
MESSAGE FROM THE CONGRESS
CHAIRMAN
Dear FPSO Colleagues,
It is my pleasure to welcome you to the 17th Annual FPSO World Congress taking place from September 19-22 at
Marina Bay Sands in Singapore.
Undoubtedlyyou will have felt the pressure of low oil prices and the lack of new FPSO projects overthe past 12 -18
months. While the prevailing mood may be gloomy, we gather once again in 2016 as an industry and communityto
engage in what I hope will be a vigorous debate around finding opportunities in the downturn.
Indeed, there is much work that can – and needs – to be done. As Congress Chairman, I’ve discussed some tough
questions with myfellow FPSO Congress Advisory Board members:
• How can the industrytake a back-to-basics approach to demonstrate the cost-efficiency and flexibility of
FPSOs as the most competitive field development solution in the market?
• In what ways can we reduce costs throughout the supply chain through streamlining processes and engaging
subcontractors as valued partners?
• Will collaboration move beyond a buzzword and translate into actionable partnerships to push projects
forward?
There are no easy answers, but the consensus is clear: we cannot carry on with business as usual and wait for oil
prices to increase to return us to the waythings were: we must make fundamental changes to how our industry
operates.
Today, FPSO stakeholders are more willing than everto engage in open discussions to advance the industry. With
senior-level attendance from leading vessel contractors including SBM Offshore, MODEC, Bumi Armada,Yinson
Production and Teekay Offshore, as well as increased oil company perspectives from Shell, Premier Oil, Tullow
Oil, Woodside Energy, Wintershall Norge AS and more - we can promise a very lively and informed debate.
Industry decision-makers continue to choose the FPSO World Congress as their premier annual touchpoint for
dialogue.
The FPSO World Congress 2016 is more collaborative and interactive than ever, featuring a cross-sector oil
company and vessel contractor panel discussion, FPSO redeployment debate, five interactive workshops and
four commercial, technical, project execution and operational streams for a 360-degree look at the entire
project lifecycle.
Particularly in this market climate we recognise the critical role that technology and service providers play in project
delivery. Don’t miss our newly expanded Technology Hall, where leading players such as GE, Siemens, Bureau
Veritas and Boskalis return to demonstrate their solutions and engage with new and existing clients.
I invite you to explore the agenda and see foryourselfwhythe FPSO World Congress remains the largest and most
established global industryforum, through thick and thin. This September I will be joined by CXOs, VPs, Commercial
Heads, Project Managers and Engineering Leads from oil operators, vessel contractors, EPCs and financiers to
discuss The Road Ahead forthe FPSO industry. I look forward to seeing you there.
Duncan Peace
Managing Director
Crondall Energy
17th Annual FPSO World Congress Chairman
KEY HIGHLIGHTS FOR 2016
PIC-Eligible Singapore-
Registered Companies get
60% Cash Back Before 31 July!*
Attention all Singapore-registered businesses:
Receive 60% cash backvia the Productivity and
Innovation Credit (PIC) when you book before 31 July.
The PIC is a government scheme that supports
investments in innovation and productivity.
Registered Singaporean businesses can enjoy huge
tax savings in the form of cash payouts and/ortax
deductions when they invest in the training oftheir
employees.
Your attendance at the 17th Annual FPSO World
Congress is eligible for PIC credits, either as a 60%
refund or 400% tax deduction when you book before
31 July. All later bookings are eligible for 40% refunds
only. Full supporting documentation will be provided
afterthe event.
*Terms and conditions apply
CriticalMarketIntelligence:
FPSOMarketOutlookfor2016!Where
arethe opportunities inthe downturn?
Understandthe status ofcurrentFPSO
projects andwherethe potential new
developments lie inthe North Sea, South/
SoutheastAsia and Brazil.[turntopage10]
MoreOilCompa
WintershallNo
contractors andt
FPSO project.Wh
considerations an
these objectivest
PracticalStrategiestoFPSOProjectDelivery:
Cross-sectorFPSOIndustryPowerPanel!
ACongressfirst, oil operators and FPSO contractors sitdown
togetheronstageto discuss actionable strategiestoworking
togetherand propelling projectsforward inthe current
marketclimate.[turntopage10]
HighlyInteractiveRevampedStreams!You asked,
we answered. Ourfourstreams are more cohesive and
collaborativethan ever, deep-diving intothe specifics of
commercial,technical, projectexecution and operational
issues. Engagewithyourpeers in panels and roundtablesto
synthesise and drawkeytakeawaysfromthe case studies
and presentations.[turntopage10]
VIP GUEST INVITATION
The 17th Annual FPSO World Congress is pleased to
extend VIP complimentary passes to all CEOs, Vice
Presidents, Project Directors and General Managers
from oil companies involved in FPSO projects.
Join your counterparts from Shell, Total, Premier Oil,
Tullow Oil, Petrobras Americas, Woodside Energy,
Wintershall Norge AS and more!
Only a limited number of passes are available. Email
us at enquiry@iqpc.com.sg
or call us at +65 6722 9388 to find
out howyou can obtain a VIP
pass to the 17th Annual FPSO
World Congress.
Terms conditions apply.
2 Tel: +65 6722 9388 Ÿ Fax: +65 6720 3804 Ÿ email: enquiry@iqpc.com.sg Ÿ web: www.fpsoworldcongress.com

WELCOME
FROM THE 2016 ADVISORY BOARD
Curtis Lohr
SHELL
“The FPSO World Congress is important because
it brings together the whole gamut of FPSO
stakeholders to continue industry dialogue.
I joined the 17th FPSO World Congress Advisory Board
to make a difference within the industry in terms of
working together and ensuring safety. I’d like to see
these themes come out from the discussions.
We can use lean periods to make the industry even
better. When you’re busy you don’t have time to look
at initiatives to reduce specifications or come up with
better designs. Let’s take the time now to make the
industry better.”
Chris Brett
President
TEEKAY OFFSHORE
“Ijoinedthe17thFPSOWorldCongressAdvisoryBoard
to have an impact on our industry at the moment and
lend my thoughts and views. We have a great group
of peers on the Advisory Board that understand the
challenges and sorts of solutions we have to achieve.
2016 and 2017 will be about collaboration and
partnerships. We need to demonstrate to the industry
that the FPSO is a low-cost and flexible solution, and
when we get ourselves together as a supply chain we
can compete.”
Kelvin Sam
Principal Researcher
IHS ENERGY
Duncan Peace
Managing Director
CRONDALL ENERGY
Jack Castleman
Senior Economist
PREMIER OIL
Don Raith
FPSO Delivery
Manager
PREMIER OIL
Thyl Kint
President
ULENSPIEGEL
PTY LTD
Jeffrey Sim
Chief Operating
Officer
RUBICON
OFFSHORE
Jerry Joynson
Technology Director
SBM OFFSHORE
“The FPSO World Congress is an excellent forum to keep
in touch with the latest insights, issues and trends within
the industry – it is unique in gathering together so many
key stakeholders in the FPSO business. As a member of
the Advisory Board I am pleased to be able to contribute in
making this event a success for the all of those who attend.”
Turn to pages 8 9
to see the full list of our
distinguished speakers at the
2016 World Congress!
World-ClassNetworking:
Brand-NewVenue,Expanded
TechnologyHall“Vessel”
Exhibition!Welcometo one ofthe
world’s mostspectacularhotels andthe
FPSOWorldCongress’newhome:Marina
BaySands. Experience ourbrand-new
technologyhall and exhibitionforhands-
on demonstrations andto interact
withthe latestFPSOtechnologies and
solutions.[turntopage20]
SpeedNetworkingAnnualCocktail
Reception!Thisyear,the Congress is more
interactivethan ever,featuring ourbrand-new
focused speed networking sessions designed
foryouto make newconnections in a quick
andfun exercise. Ourhighlyanticipated annual
FPSOWorldCongressCocktailReception
hosted byBureauVeritaswill return onthe
evening ofDay1- don’tmissthis opportunity
to networkwithfriends old and newovera
drinkortwo atthe FPSO community’sfavourite
soirée.[turntopage22]
anyPerspectives! From PremierOil,Shell,TullowOil,
orgeandmore. WoodsideEnergywillfurthershare howFPSO
thewidersupplychain can help oil operators develop a successful
hatisthe potential disconnectbetween oil companies’key
ndwhatthe FPSO supplychain offers? Howcanthe industryalign
to advance FPSO projects?[turntopage10]
KEEP OUR
SPECIAL EVENTS
ON YOUR
CALENDAR,
CONNECT WITH
US AT:
46,075 likes
1,259 followers
8,638 followers
3Tel: +65 6722 9388 Ÿ Fax: +65 6720 3804 Ÿ email: enquiry@iqpc.com.sg Ÿ web: www.fpsoworldcongress.com

POTENTIAL UPCOMING
FPSO PROJECT AWARDS
Brazil
Project: LibraPilot
Operator: Petrobras
Lease/Own: Lease
Est.Year: 2016
Brazil
Project: Kangaroo/Echidna
Operator: Karoon
Lease/Own: Lease
Est.Year: 2017
Brazil
Project: Sepia(ex-NEdeTupi)
Operator: Petrobras
Lease/Own: Lease
Est.Year: 2017
Nigeria
Project: BongaSouthwest/
Aparo
Operator: Shell
Lease/Own: Own
Est.Year: 2018
U.K.
Project: Penguins
Operator: Shell
Lease/Own: Own
Est.Year: 2017
U.K.
Project: Rosebank
Operator: Chevron
Lease/Own: Own
Est.Year: 2017
While the low oil price has put the brakes on
many FPSO projects, some developments are
still moving ahead. Without gazing too far
into our crystal ball, between 2-4 FPSO
awards can be expected in the latter quarter
of 2016.
This map represents the projects most likely
to be awarded globally between 2016-2018.
This is not to suggest that all of these
projects will be awarded, nor that no other
projects could be awarded within this period,
but rather to provide an overview of the
road ahead for the FPSO industry and where
the opportunity may lie.
Data courtesy of EMA.

POTENTIAL UPCOMING
FPSO PROJECT AWARDS
Congo-Brazzaville
Project: Yombo
Operator: Perenco
Lease/Own: Own
Est.Year: 2016
India
Project: KG-DWN-98/2
Operator: ONGC
Lease/Own: Lease
Est.Year: 2018
Indonesia
Project: AndeAndeLumut
Operator: Santos
Lease/Own: Lease
Est.Year: 2016
Indonesia
Project: MaduraMDA/MBH
Operator: Husky/CNNOC
Lease/Own: Lease
Est.Year: 2016
Cambodia
Project: Apsara
Operator: KrisEnergy
Lease/Own: Lease
Est.Year: 2017
Vietnam
Project: CaRongDo/
RedEmperor
Operator: Repsol
Lease/Own: Lease
Est.Year: 2016
Norway
Project: Vette(formerlyBream)
Operator: DetNorske
Lease/Own: Lease
Est.Year: 2018
Norway
Project: JohanCastberg
(ex-Skrugard/Havis)
Operator: Statoil
Lease/Own: Own
Est.Year: 2018
China
Project: Liuhua16-2
Operator: CNNOC
Lease/Own: Own
Est.Year: 2017

AGENDA AT-A-GLANCE
PRE-CONGRESS DAY ONE
PRE-CONGRESS FOCUS DAY: Monday 19 September 2016
10:00-16:00 Pre-Congress Focus Day: Technical Value Enhancement for FPSOs to Reduce CAPEX and OPEX
Commercial Stream A Technical Stream B Project Execution Stream C Operations Stream D
1340 Chairman’s Opening Remarks:
Where is value won or lost for FPSO
owners and investors?
Chairman’s Opening Remarks:
Leveraging Subcontractor Engagement
and Partnerships to Reduce Project
Costs and Improve Execution
Offsetting Procurement Risk
through Supply Chain Alignment and
Partnerships
Maximising Uptime Through Asset
Integrity and Optimising Assets Still in
Production
1405 Delivering A Cost-Effective Field
Development in Today’s Market
Climate: The Skarfjell Development
Project
Technical vs Process Standardisation to
Reduce FPSO Project Costs
Looking to the Past to Move Forward?
Revisiting Project Engineering and
Execution to Reduce Costs and
Timelines
The Armada Kraken FPSO Project:
Challenges to Becoming a New
Installation Operator and Duty Holder
in the UK North Sea
1430 Corruption and It’s Impact on the
FPSO Industry
Digitisation as an Enabler for Reducing
OPEX and Enhancing Operational
Service and Support on FPSOs
1455 Delivering Quantifiable Cost Savings
through Standardisation in FPSO
Fabrication
Enhancing Floating Production
Capabilities and Reliability
Achieving FPSO Operational Excellence
Through Onshore Offshore Process
Optimisation
1520 Afternoon Tea Break and Networking
1550
Financial Market Dynamics and
Implications on Offshore Financing
Improving Operability While Reducing
Capex in FPSO Power Generation
Aligning Engineering and Construction
Deliverables for Streamlined Project
Execution
Balancing Maintenance and Operations
for Optimal FPSO Process Safety and
Asset Integrity
1615 Presentation by KfW Bank Maximising Operational Cost Savings
Through Dual-Fuel Engines in FPSO
Applications
Acid Gas Treatment Technology
Selection for FPSO
1640 Closing Panel:
Global Oil Price Movements and the
Effect on FPSO Projects
Closing Panel: Optimising Big-Package
Solutions for Efficiencies and Cost
Reduction
Closing Panel: Enhancing Collaboration
and Reducing Risk to Deliver Projects
On-Time On-Budget
Closing Panel: Developing A Holistic
Asset Integrity Strategy from Design
Through Conclusion of Operations
1705 Closing Keynote: An FPSO Contractor’s Perspective on Delivering Cost-Effective FPSOs in the Current Oil Price Market
1730 Chairman’s Closing Remarks
1740 End of Conference Day One and Cocktail Reception Hosted by Bureau Veritas
All delegates are invited to join us forthe Annual FPSO World Congress Cocktail Reception proudly
hosted by Bureau Veritas. After a long day of networking and intensive discussions, kick back, relax
and enjoy a beverage while you network with your peers in a relaxed and sociable environment.
CONGRESS DAY ONE: Tuesday 20 September 2016
Macro Market Forecasts and Making FPSOs Economically RelevantAmidst the Current Oil Price
0850 Opening Address by Congress Chairman
0900 State ofthe FPSO Nation
0930 Outlook for FPSO Projects in 2016 and Planning for Development Ahead
1000 Speed Networking Session
1030 Morning Refreshments and Networking
1100 How FPSO Contractors Can Help Oil Companies Develop a Successful Business Case for an FPSO Development
1130 Cross-Sector FPSO Industry Power Panel: BackTo Basics: Demonstrating The Fundamental Value Of FPSOs to Push Projects Forward
1230 Lunch and Visit to the FPSO Technology Hall - Young Talent Roundtable Lunch Begins
[Turn to Page 18 for Details]

AGENDA AT-A-GLANCE
DAY TWO POST-CONGRESS
POST-CONGRESS WORKSHOPS: Thursday 22 September 2016
0900-11:30 Post-Conference Workshop A: FPSO Turrets Mooring Masterclass
0900-11:30 Post-Conference Workshop B: Developing A Coherent Tendering Strategyfor Upcoming FPSO Projects
12:30-15:00 Post-Conference Workshop C: Howthe FPSO Supply Chain Can Help Oil Companies Develop a Successful Business Case for an FPSO Development in the Current Market
Environment
12:30-15:00 Post-Conference Workshop D: Commercialising FPSO Redeployment for Profitable and Productive Projects in the Current Market Environment
Commercial Stream A Technical Stream B Project Execution Stream C Operations Stream D
Balancing Contract Risk and
Establishing Trust Between
Stakeholders
Transforming Projects Through
Integration of Innovative Technologies
Chairman’s Opening Remarks: Back To
Basics Look At Fundamental Delivery
Of FPSOs to Reduce Costs Streamline
Delivery
Optimising FPSO Mooring Systems
1405 Risk Management: The Five Most
Common Contracting Disputes during
FPSO Execution
Optimising Future Swivel and Fluid
Transfer Technologies for Increased
Efficiency
Presentation by MISC Optimising Mooring Condition
Monitoring and Integrity for Reduced
OPEX
1430 Balancing Risk in FPSO Contracts and
Strategic Negotiation to Mitigate
Potential Disputes, Delays
and Cost Overruns

Interactive Roundtable Discussion on
Contract Risk Balancing
Seawater Intake Project
Standardisation Specification
Harmonisation
FPS Installation: Practical Strategies
Lessons Learned from a
Contractor’s Perspective
Mooring Maintenance and Installation:
A Joint Effort
1455 Eliminating the Need for Production
Shutdowns to Remove Sand
Accumulations from Production
Separation Vessels
Re-examining Procurement Strategies
for Sustainable Cost Reduction in the
Supply Chain
Ensuring FPSO Mooring Integrity
and Eliminating Incidents Through A
Robust Mooring Monitoring Strategy
1550
FPSO Project Outlook in Southeast
Asia: Sabah Development Bank’s
Perspective
The CAPEX and OPEX Savings of
Caisson-Installed Pumps vs Pump
Room Installations
Focus on West Africa: Opportunities
in Local Content Compliance FPSO
Project Delivery
Mooring System Integrity: Making
the Right Decisions During CAPEX to
Minimise OPEX
1615 Panel: Putting Collaboration and Risk-
Sharing into Practice to Drive FPSO
Projects Forward
Presentation by R STAHL Optimizing FPSO Hull Design: Cost-
Effective Concepts
Presentation by NOV
1640 Closing Panel: Revisiting FPSO Design
and Technologies to Streamline
Development
Closing Panel: Revisiting Project
Execution to Make The “Bloated” FPSO
Project Lean
Closing Panel: Optimising FPSO
Mooring Systems
1705 Closing Plenary Session: Understanding the KeyTakeaways from the FPSO World Congress—Building Your Business Plan in 2016 and Beyond
1740 End of Congress
CONGRESS DAY TWO: Wednesday 21 September 2016
Strategic Collaboration to Propel New FPSO Projects and Redeployments Forward
0850 Opening Comments by Congress Chairman
0900 Achieving First Oil and Development Opportunities Ahead: Stones Field Development Project Update
0930 First Production from the Arctic Barents Sea: FPSO Goliat Project Update
1030 Redeployment Strategies Lessons Learned in the PastYear
1100 Aligning Critical Design and Operational Requirements When Undertaking an FPSO Redeployment
1130 Panel Debate: Opportunities in the Relocation and Redeployment of FPSOs: Concept vs Reality
1230 Lunch and Visit to the FPSO Technology Hall - Young Talent Roundtable Lunch Begins
Turn to pages 10 - 19 forthe full Congress agenda, pre-Congress focus day and post-Congress workshops.
[Turn to Page 19 for Details]

SPEAKERS
AT THE FPSO WORLD CONGRESS 2016
INTRODUCING OUR DISTINGUISHED SPEAKER LINEUP
Stuart Wheaton
UK Director and Business Unit
Manager
PREMIER OIL
Curtis Lohr
SHELL
Maria Pena
Business Opportunity Manager,
Deepwater Stones Asset
SHELL
Michael Wyllie
Group Technology Director
SBM OFFSHORE
Jerry Joynson
Technology Director
SBM OFFSHORE
NEW NEW
Nicolas Bigle
Turret-Mooring Lead
PREMIER OIL
Kelvin Sam
Principal Researcher
IHS ENERGY
Thyl Kint
President
ULENSPIEGEL PTY LTD
Workshop Host:Turnto Page 19!
NEW
Deokki Kim
Senior Manager, FLNG/Drillship
Engineering
HYUNDAI HEAVY
INDUSTRIES
NEW
Amul Subnis
Deputy Project Manager
MODEC
NEW
Suhnylla Kler
Executive Director, M3NERGY
SDB ASSET MANAGEMENT
NEW
Duncan Peace
Managing Director
CRONDALL ENERGY
Workshop Host: Turn to Page 18!
Puneet Sharma
Vice President
MODEC
Bernard van Leggelo
Managing Director, FPSO
Business Unit
SBM OFFSHORE
Simon Harman
FPSO Category Manager
WOODSIDE ENERGY
NEW NEW
Luca Tonello
Head of Project Finance –
Investment Banking Asia
SUMITOMO MITSUI BANKING
CORPORATION
Dr. Amy Jadesimi
Managing Director
LADOL FREE ZONE
Ankit Garg
Project Manager – Husky
Madura FPSO
BUMI ARMADA
Kamal Karthik
VP Estimation, Procurement
and Project Services
YINSON PRODUCTION
Jamizal Zainol
Senior Legal Counsel
MULTINATIONAL OIL GAS
COMPANY
NEWNEW NEW NEW

1
INDOMITABLEFPSOs:
IN THE AGE OFUNCERTAINTY
Brought to you by:
1
2015 PROFILING REPORT | A SNAPSHOT OF THE FPSO MARKET IN 2015/2016
T: (65) 6720 9388
| F: (65) 6720 3804
| enquiry@iqpc.com.sg
| www.fpsoworldcongress.com
2015 PROFILING REPORTA SNAPSHOT OFTHE FPSO MARKETIN 2015/2016
2015 has proved to be a challenging year for the FPSO industry. The fall in oil prices has severely
impacted the market, meaning that industry stakeholders now need to work together in order
to establish mutually beneficial, sustainable business models and weather the storm.
To discover what the key industry players are planning over the short to mid-term, we have
compiled the findings from our latest survey conducted with the attendees for our upcoming
event, the FPSO World Congress 2015. The following graphs provide insights into the
top challenges faced by the industry amid low oil prices, the market outlook for 2016 and
investment priorities for some of the biggest companies operating in the industry.
1
2015 PROFILING REPORT | A SNAPSHOT OF THE FPSO MARKET IN 2015/2016
T: (65) 6720 9388
| F: (65) 6720 3804
2015 PROFILING REPORTLATEST UPDATES OFTHE FPSO MARKETIN 2015/2016
The fall in oil price has left the future of FPSO industry a puzzle and industry stakeholders
are under massive pressure to work together to come up with mutually beneficial,
sustainable and cost effective solutions and business models to weather the storm.
In this report, we have compiled some of the latest findings of the FPSO market based on
our latest survey conducted with the attendees for our upcoming event, the FPSO World
Congress 2015.
The following graphs provide key insights into the top challenges faced by the industry
amid low oil prices, the market outlook for 2016 and investment priorities for some of the
biggest companies operating in the industry.
1
www.fpsoasia.com/
The floating production, storage and offloading (FPSO) sector is likely to see
between $80-$120 billion-worth of investment through 2019, and that is
with the oil industry experiencing its worst downturn in a generation.
With challenging times ahead, we drew upon the best bellwether in times of
industry upheaval - our vast and growing membership of FPSO professionals
- to see where you believed that 2015 was going to take us. Below is what we
found, according to you, the citizens of the global FPSO community:
$80-$120
billion through
2019
FPSOs - WeatheringThe Storm Or SinkingBeneath The Waves?The floating production, storage and offloading (FPSO) sector is likely to see
between $80-$120 billion-worth of investment through 2019, and that is
with the oil industry experiencing its worst downturn in a generation.
With challenging times ahead, we drew upon the best bellwether in times of
industry upheaval - our vast and growing membership of FPSO professionals
- to see where you believed that 2015 was going to take us. Below is what we
found, according to you, the citizens of the global FPSO community:
$80-$120
billion through
2019
THE HERE NOW
THE HERE NOW
What
percentage
of your FPSO
projects are
conversions
vs. new builds?
62%
75-100%
5%
0-25%
6%
25-50%
17%
50-75%
18%
Americas
15%
North Sea
27%
Asia Pacific
29%Africa
11%
Other
Where is your current geographical
focus in terms of FPSO projects?
Which phase are yourprojects predominantly in?
PreFEED/FEED
Execution
40%
46%
Brought to you by:
2015 has proved to be a challenging year for the FPSO industry. The fall in oil prices has severely
impacted the market, meaning that industry stakeholders now need to work together in order
to establish mutually beneficial, sustainable business models and weather the storm.
To discover what the key industry players are planning over the short to mid-term, we have
compiled the findings from our latest survey conducted with the attendees for our upcoming
event, the FPSO World Congress 2015. The following graphs provide insights into the
top challenges faced by the industry amid low oil prices, the market outlook for 2016 and
investment priorities for some of the biggest companies operating in the industry.
T: (65) 6720 9388
| F: (65) 6720 3804
What
percentagepercentage
of your FPSOof your FPSOof your FPSO
projects areprojects areprojects are
conversions
conversions
vs. new builds?
vs. new builds?
62%
75-100%
5%5%
0-25%0-25%
6%
25-50%25-50%
17%17%
50-75%
29%Africa
Which phase are your
Which phase are yourprojects predominantly in?
projects predominantly in?
PreFEED/FEED
ExecutionExecution
40%
46%
SPEAKERS
Eirik Barclay
YINSON PRODUCTION
Chris Brett
President
TEEKAY OFFSHORE
Jeffrey Sim
Chief Operating Officer
RUBICON OFFSHORE
Fredrik Major
Chief Business Development
Officer
SEVAN MARINE
Richard Ella
Project Office Director
SBM OFFSHORE
Terry Hughes
Project Director, TEN
Development
TULLOW OIL
Suet Ling Yew
Skarfjell Facility Manager
WINTERSHALL NORGE AS
Jeremiah Daniel
Walker Ridge Facilities Area
Manager
PETROBRAS AMERICAS
Simon Lowe
Senior Vice President,
Commercial and Business
Development
TEEKAY OFFSHORE
NEW NEW
NEW
Keep your ﬁnger on the pulse with the
latest market news and trends, industry
reports, infographics and much more...
Visit www.fpsoworldcongress.com today.
HAVE YOU VISITED OUR
DEDICATED FPSO
DOWNLOAD CENTRE?
Joakim Skorge
Managing Director, Investment
Banking
DNB BANK ASA
KC Gupta
Project Director
BUMI ARMADA
Mattis Hystad
Fixed Income Origination, DNB
Markets
DNB BANK ASA
Sidat Senanayake
Senior Vice President, Offshore
Finance
DVB BANK
Roland Martland
Head of Corporate HSSEQ
BUMI ARMADA
Graham Prentice
Senior Contracts Negotiator
PREMIER OIL
NEW

0850 OpeningAddress byCongress Chairman
Duncan Peace, Managing Director, Crondall Energy
0900 State ofthe FPSO Nation
This session will provide an analysis ofthe current state ofthe FPSO market
and wider oil and gas industry, assessing the offshore EP climate as well as
examining data on upcoming field developments and the potential
application of FPSOs therein. Understand potential trials and opportunities
forthe FPSO market ahead to help formulate a sustainable business plan for
2016 and beyond.
Puneet Sharma, Vice President, MODEC
0930 Outlookfor FPSO Projects in 2016 and Planning for Development
Ahead
• Reviewing the current oil price scenario and its effect on FPSO orders
• Assessing FPSO opportunities in Brazil, West Africa and Southeast Asia, and
their economic and political drivers and challenges
• Opportunities with alternative basins and clients: prospects for small or
shallow-waterfields and gas FPSOs
Kelvin Sam, Principal Researcher, IHS Energy
1000 Speed Networking Session: Turn to Page 22 for more

1100 How FPSO Contractors Can Help Oil Companies Develop a Successful
Business Case for an FPSO Development
• Assessing oil companies’ key considerations when selecting an FPSO
procurement strategyfor a development
• What messages do oil companies “hear” from FPSO contractors?
• What can vessel contractors do to increase their chances of successfully
winning an FPSO contract?
Simon Harman, FPSO Category Manager, Woodside Energy
Learn more about howthe FPSO supply chain can help oil companies by
joining Simon’s interactive workshop- turn to page 19 for more!
1130 BackTo Basics: Demonstrating The FundamentalValue Of FPSOs to
Push Projects Forward
• What does the FPSO industry need to do to remain economically relevant in
this oil price environment?
• How have new projects been customised to suit the new market scenario
and what factors have caused some to become stuck and/or delayed?
• Returning to the fundamental benefits of FPSOs as the cost-effective
solution: rapidity, flexibility and redeployability
• Howto achieve FPSO value improvement in design simplification, field
development methodology and contracting
• How can different stakeholder groups take a more integrated approach to
technical, commercial and regulatory matters to propel projects forward?
Panelists:
StuartWheaton, UK Director and Business Unit Manager, Premier Oil
Curtis Lohr, Stones Project Director, Shell
TerryHughes, Project Director, TEN Development, Tullow Oil
Eirik Barclay, Chief Executive Officer, Yinson Production
Chris Brett, President, TeekayOffshore
Bernardvan Leggelo, Managing Director FPSO Business Unit, SBM
Offshore
1230 Lunch andVisit to the FPSO TechnologyHall
Young Talent Roundtable Lunch Begins
Turn to page 18 for details
Cross-SectorFPSOIndustryPowerPanel
CONGRESS DAY ONE AGENDA
Tuesday 20 September 2016
Macro Market Forecasts: Making FPSOs Economically Relevant Amidst the Current Oil Price
Commercial Stream A: Global
Development Outlook and FPSO
Financing for 2016 and Beyond
Technical Stream B: FPSO Cost
Reduction Through Value Chain
Integration
Project Execution Stream C: FPSO
Engineering Construction
Optimisation
Operations Stream D: FPSO
Operations and Asset Integrity
Where is value won or lost for FPSO
owners and investors?
Explicit examples of FPSO project
value and discounted cash flow (DCF)
analysis and parametric sensitivity.
Thyl Kint
President
ULENSPIEGEL PTY LTD
Leveraging Subcontractor
Engagement and Partnerships to
Reduce Project Costs and Improve
Execution
• Where are the major costs found
within the FPSO supply chain?
• Opportunities in renegotiating
contracts with suppliers and
subcontractors: mutual cost savings
through long-term agreements
• What are the practicalities of
partnerships with subcontractors to
effectively reduce project costs?
• Adding value by treating
subcontractors as valued partners
instead of one-off solutions providers
Duncan Peace
Managing Director
CRONDALL ENERGY
Offsetting Procurement Risk
through Supply Chain Alignment
and Partnerships
• Assessing joint ventures, open book
and framed agreements down the
supply chain to reduce costs
• What alternatives are there to lump-
sum contracts, where risk is inherited
down the supply chain? Can different
commercial models incentivise
subcontractors in a more productive
manner?
• How can standardisation of
legal terms and conditions offset
procurement risk?
Richard Ella
SBM OFFSHORE
Maximising Uptime Through Asset
Integrity And Optimising Assets
Still in Production
• What kind of integrated asset
management systems can enhance
FPSO productivity and profitability?
• Preventive maintenance frequency:
balancing time-based and condition-
based assessments
• Avoiding corrosion and defects that
can lead to operational shutdowns
• Reducing crewing to improve
safety and cut OPEX: how can
data management and automation
contribute to fewer personnel on
board?
Jeffrey Sim
RUBICON OFFSHORE
Afternoon Stream Sessions: Each stream will take an in-depth look at four critical aspects ofthe FPSO project lifecycle. Led by dedicated subject-matter chairmen,
this is your opportunityto get more interactive with the expert case studies and technology presentations. Use this unique opportunityto ask questions and
engage in face-to-face discussions with your FPSO peers!

Integration
Optimisation
1405 Delivering A Cost-Effective Field
Development in Today’s Market
Climate: The Skarfjell Development
Project
• What is driving EP development
projects in light of the current oil price
environment?
• What do oil companies require from
an FPSO or other field development
options and how do those cost
considerations fit into the entire field
development project?
• Balancing lifecycle costs to deliver an
economic field development amidst
low oil prices
Suet Ling Yew
Skarfjell Facility Manager
WINTERSHALL NORGE AS
Technical vs Process
Standardisation to Reduce FPSO
Project Costs
• Defining what standardisation
means for product, processes and
procurement: reducing redundant
variables rather than eliminating
them altogether
• Standardising the approach to
availability and design of process
equipment to enhance uptime during
life cycle
• Standardising EPC packages to
optimise engineering work
• At what point of the project should
conversations on standardisation
begin and how best can collaborative
decisions be made?
Jerry Joynson
Technology Director
SBM OFFSHORE
Looking to the Past to Move
Forward? Revisiting Project
Engineering and Execution to
Reduce Costs and Timelines
• Analysing efficiencies gained from
reverting to a more simplified and
systematic approach to engineering:
can we reduce complex and detailed
modeling and analyses to deliver the
same quality on a shorter timeline?
• How do oil companies perceive risk,
and are they ready to adopt a “goal-
setting” approach as opposed to
a prescriptive one when it comes to
engineering and execution?
• Assessing benefits of increased
engineering specifications,
engineering follow-up and supply
chain/construction inspections: What
is necessary, good practice and nice to
have?
Nicolas Bigle
Turret-Mooring Lead
PREMIER OIL
The Armada Kraken FPSO Project:
Challenges to Becoming a New
Installation Operator and Duty
Holder in the UK North Sea
• Key issues raised and resolved
during the Design Notification and
Operational Safety Case submissions
• Managing changes due to the UK
Health and Safety Executives’ 2015
Safety Case Regulations, enacted
during the project execution phase,
to incorporate environmental risk
assessments and management systems
• The components of a Corporate Major
Accident Prevention Policy that was
a specific pre-cursor to obtaining
Installation Operator approval under
the new regulations
• Demonstration of operational readiness
for start-up
Roland Martland
Head of Corporate HSSEQ
BUMI ARMADA
1430 Corruption and It’s Impact on the
FPSO Industry
• Anti-corruption obligations in
the financing, construction and
operational phases of FPSO execution
• How and when is corruption most
likely to take place and what can you
do to assess risk factors
• Preventing corruption problems:
effective systems, policies, procedures
and protocols
• Case studies from Brazil, Angola and
Mexico
Raja Bose
Administrative Partner
KL GATES
Digitisation as an Enabler for
Reducing OPEX and Enhancing
Operational Service and Support on
FPSOs
• Using the internet of things, big data
and digitisation to generate a clear
operational picture on FPSOs
• How can the enormous amount of
information in today’s control
systems be gathered, structured,
analysed and utilised to improve
operational availability, reduce
maintenance cost and enhance
profitability?
• Utilising big data and remote control
capabilities onshore to reduce
crewing and manning onboard FPSOs
Edmund Knutsen
Discipline Lead for Integrated
Operations - Ivar Aasen Project
SIEMENS
1455 Delivering Quantifiable Cost
Savings through Standardisation in
FPSO Fabrication
“Standardisation” has been looked at
with suspicion over the past several
years as the concept of “generic FPSOs”
has not been feasible. Yet in light of
today’s challenging market climate, many
stakeholders are reassessing pricing,
simplifying requirements and exploring
standardisation of both equipment and
processes in order to lower costs and
justify project economics.
This session will look at how
standardisation can be applied to
reduce costs and schedule without
compromising safety and operability.
It will look at the challenge processes
required to support standardisation.
Tony McKay
General Manager – APAC
GLOBAL PROCESS SYSTEMS
Enhancing Floating Production
Capabilities and Reliability
In today’s tough market realities,
offshore operators are facing growing
challenges – particularly with CAPEX
and operating cost pressures, capacity
requirements, availability of equipment
and safety standards – in a very often
hostile environment.
This session will explore topside
technology solutions and asset
performance management tools to
deliver such results. The discussion will
also focus on execution simplification,
designed to help reduce both CAPEX
and operating costs- and in turn
mitigate project risk and streamline
project management to ultimately
secure early production infield.
Luca Passaleva
Commercial Director, Marine
GE OIL GAS
Achieving FPSO Operational
Excellence Through Onshore and
Offshore Process Optimisation
• Obtaining both project and
operational control to increase
transactional visibility automation
offshore
• Joint operational and maintenance
planning: developing a forecasted
asset utilisation, cost and resource
requirements plan
• Improvement of inventory value and
utilisation to reduce actual purchasing
costs through full visibility of fleet-
available capital equipment
Hege Wroldsen
Managing Director,
IFS CENTER OF EXCELLENCE FOR
OIL GAS

Integration
Optimisation
1550 Financial Market Dynamics and
Implications on Offshore Financing
• Overview of global financial markets
and their link to oil price fluctuations
• A financier’s perspective on investor
confidence in offshore projects
• Are banks comfortable financing new
players or those who have acquired
divested assets from troubled oil
companies?
• Key indicators to assessing market
dynamics ahead
Luca Tonello
Head of Project Finance - Investment
Banking Asia
CORPORATION
Improving Operability While
Reducing Capex in FPSO Power
Generation
• Looking at the current market
environment and where efficiency
gains can be made in processes between
subcontractor and client
• Assessing recent technical
developments in FPSO powering
• Reducing shipyard time and thus capex
by including numerous systems on one
module
• Tailoring steam boilers to meet heat
and power requirements of FPSOs: fuel
flexibility and simple, reliable operation
Richard Price
Sales Director - Power, Marine
Offshore
JOHN ZINK HAMWORTHY
COMBUSTION
Aligning Engineering and
Construction Deliverables for
Streamlined Project Execution
• Ensuring clear objectives and
communication across engineering
and construction teams to reduce
delays
• Common challenges and disconnects
between engineering and
construction teams
• Deciding on standardisation vs.
customisation to simplify engineering
and construction
• Criticality of early decisions in
equipment selection and procurement
of long-lead items
• Early engagement of project partners
such as equipment suppliers,
mooring system/ topside suppliers
and fabrication/ conversion yards
• Focus on EIT scope: commonly
ignored in early stages of a project
Amul Subnis
Deputy Project Manager
MODEC
Balancing Maintenance and
Operations for Optimal FPSO
Process Safety and Asset Integrity
• Critical asset integrity factors that
must be applied in the FEED and
initial design phases
• Best practices in fatigue estimation
• Strategies for integration across
facilities and equipment to facilitate
proactive and effective lifecycle
performance
• Overcoming common asset integrity
issues on mid-late stage FPSOs
Graham Bland
Chief Executive Officer,
OCS OFFSHORE
1615 Presentation by KfW Bank Maximising Operational Cost
Savings Through Dual-Fuel Engines
in FPSO Applications
• Investigating the current performance
of standard marine dual fuel engines in
the market: What’s lacking and how can
performance be best optimised?
• Quantifying the cost savings of utilising
associated gas and raw crude oil as
alternative fuel sources
• Enhancing power densities and
responsiveness while meeting IMO II
emission level performance
Joel Feucht
General Manager, Gas Medium Speed
Engines
CATERPILLAR
Acid Gas Treatment Technology
Selection for FPSOs
• Offshore acid gas treatment
challenges: Acid gas concentration
and modular footprint
• Various process cases with higher H2S
and CO2: Application requirements,
technology constraints and possible
solutions for FPSOs
• Cost per Mscf of gas treatment:
CAPEX vs OPEX decision driver
• Case studies with higher acid gas
treatment: Discussing design and
current operations
• Lessons learned and future gas fields:
Acid gas profile
Ankur Jariwala
Senior Product Manager
CAMERON – A SCHLUMBERGER
COMPANY
1640 Closing Panel: Global Oil Price
Movements and the Effect on FPSO
Projects
• Assessing oil markets and their effect
on offshore EP developments
• How are financiers measuring project
bankability in the current market
climate?
• FPSO financing schemes and options:
Are there innovative models to
explore for small-to-mid-cap oil
companies?
• Outlook ahead for FPSO financing
Panelists:
Joakim Skorge
Managing Director, Investment
Banking
DNB BANK ASA
Mattis Hystad
Fixed Income Origination, DNB Markets
DNB BANK ASA
Sidat Senanayake
Senior Vice President, Offshore Finance
DVB BANK
Panel: Optimising Big-Package
Solutions for Efficiencies and Cost
Reduction
• What factors do power generation
providers consider when developing
packages?
• Are there benefits to flexibility and
customisation in big-package solutions?
• Exploring the impact of prescriptive
standards and requirements on the
overall project: are there savings in
accepting a package at face value?
Panelists:
Richard Price, Sales Director - Power,
Marine Offshore
JOHN ZINK HAMWORTHY
COMBUSTION
Joel Feucht, General Manager, Gas
Medium Speed Engines
CATERPILLAR
Duncan Peace, Managing Director
CRONDALL ENERGY
Closing Panel: Enhancing
Collaboration and Reducing Risk to
Deliver Projects On-Time On-
Budget
• In what aspects of project delivery
can strategic standardisation and
collaboration realise the most
benefits?
• Reducing supply chain risk through
alternative commercial models and
procurement strategies
• Strategies to lessening the burden of
local content requirements on project
execution
Panelists:
KC Gupta, Project Director
BUMI ARMADA
Amul Subnis, Deputy Project Manager
MODEC
Nicolas Bigle, Turret-Mooring Lead
PREMIER OIL
Richard Ella, Project Office Director
SBM OFFSHORE
GE
Closing Panel: Developing A Holistic
Asset Integrity Strategy from
Design Through Conclusion of
Operations
• Integrating strategic mooring, hull
and structural integrity for
sustainable FPSO operations
• Understanding the fundamentals
of preparing an FPSO for decades on
station
• How to optimise performance of a
relocated or redeployed FPSO
Panelists:
Ankur Jariwala
Senior Product Manager
CAMERON – A SCHLUMBERGER
COMPANY
Edmund Knutsen
Discipline Lead for Integrated
Operations - Ivar Aasen Project
SIEMENS
Graham Bland
OCS OFFSHORE

1640 Luca Tonello
Head of Project Finance - Investment
Banking Asia
CORPORATION
Raja Bose
Administrative Partner
KL GATES
Thyl Kint
President
ULENSPIEGEL PTY LTD
Jeffrey Sim
RUBICON OFFSHORE
1705 Closing Keynote:An FPSO Contractor's Perspective on Delivering Cost-Effective FPSOs in the Current Oil Price Market
Given complete autonomy, how would an FPSO contractor set about delivering FPSO projects in the shortest timespan at a lowest possible cost? What aspects ofthe FPSO
project lifecycle would be conducted differently? Could procurement, engineering and construction be streamlined in a more simplified manner? Visualise how FPSO projects
can potentially be successfully executed and delivered on-time and on-budget when FPSO contractors take the lead.
Bernardvan Leggelo , Managing Director, FPSO Business Unit, SBM Offshore
1730 Chairman’s Closing Remarks
1740 End of Conference DayOne and Cocktail Reception Hosted byBureauVeritas
All delegates are invited to join us forthe Annual FPSO World Congress Cocktail Reception proudly
hosted by Bureau Veritas. After a long day of networking and intensive discussions, kick back, relax
and enjoy a beverage while you network with your peers in a relaxed and sociable environment.
“Excellent and robust
presentations;
organisation was also very
good. Togetherwe are
going further.”
Uzoma Correia, FPSO Contracts Leader -
Kaombo Project, Total
“Sharing opinions with FPSO industryfellows has been
great. The FPSO World Congress is a great platform to
bring together all players in the industry as a yearly
reunion.”
Christine Lim, Delivery Manager, SBM Offshore
“One ofthe best annual
conferences forthe offshore
industry. It is always up-to-
date, informative and
interesting, plus a great
networking opportunity.”
Amanda Battersby, Asia Bureau Chief, Upstream

CONGRESS DAY TWO AGENDA
Wednesday 21 September 2016
0850 Opening Comments byCongress Chairman
0900 Achieving First Oil and Development OpportunitiesAhead: Stones
Field Development Project Update
Shell’s Turritella FPSO arrived at the Stones site in the US Gulf of Mexico in
January 2016. This session will address Shell’s experience with the Turritella on
the path to first oil while safely constructing and installing the world’s deepest
FPSO in 2,900-meterwater depths. It will further examine the development
opportunities forthe field post-first oil and the EP outlook ahead forthe US
Gulf of Mexico deepwater.
Curtis Lohr, Stones Project Director, Shell
Maria Pena, Business Opportunity Manager, Deepwater Stones Asset, Shell
0930 First FPSO in Production in theArctic Barents Sea: Experience from
Design, Construction, Installation and First Phases of Operation
This session will explore lessons learned on the FPSO Goliat’s journeyto first
oil, achieved in March 2016 as the first oilfield to reach production in the
Barents Sea and the world’s northernmost FPSO. It will address the technical
and environmental challenges that were overcome for safe, environmentally
friendly and efficient operation in the harsh arctic climate.
Fredrik Major, Chief Business Development Officer, Sevan Marine
1030 Redeployment Strategies Lessons Learned in the PastYear
With the multitude of FPSOs coming off contract, industry stakeholders are
looking to redeployments as a cost-effective and quicker solution to
monetising oilfields. This session will analyse the key elements of a successful
redeployment strategy amidst the current oil price environment.
• Assessing project risk: when does a redeployment make sense?
• Identifying critical FPSO modifications and upgrades needed to suit field
properties
• Case examples from the Petrojarl 1 FPSO preparing for its 11th deployment
Simon Lowe , SeniorVice President, Commercial and Business Development,
TeekayOffshore
Deep-dive into redeployment in Simon’s interactive workshop- turn to page
17 for more!
1100 Aligning Critical Design and Operational RequirementsWhen
Undertaking an FPSO Redeployment
• Modifications: understanding what key design factors must be considered
when undertaking a redeployment
• Life extension: identifying and eliminating vessel vulnerabilities in relation
to field development plans
• Strategies and lessons learned from effective FPSO redeployments
MichaelWyllie, Group Technology Director, SBM Offshore
1130 Panel Debate: Opportunities in the Relocation and Redeployment of
FPSOs: Conceptvs Reality
• Monetising a marginal field through redeployment of an FPSO: why does
redeployment work in some situations and not for others?
• Aligning client expectations for a redeployed FPSO
• Calculating residual value of an FPSO asset, and assessing difficulties of
design and ideas for effectively performing a redeployment
• What can suppliers and operators do to encourage relocation of idle FPSOs?
MichaelWyllie, Group Technology Director, SBM Offshore
Chris Brett , President, TeekayOffshore
JeffreySim , Chief Operating Officer, Rubicon Offshore
Thyl Kint , President, Ulenspiegel PtyLtd
1230 Lunch andVisit to the FPSO TechnologyHall
Young Talent Roundtable Lunch Begins
StrategicCollaborationtoPropelNewFPSOProjectsandRedeploymentsForward
Commercial Stream A:
FPSO Contracting Strategies and
Risk Balancing
Technical Stream B:
Reducing FPSO Costs Through
Strategic Innovation, Technology
Design
Project Execution Stream C:
Improving Specific Project
Execution Disciplines: Procurement
to Installation
Operations Stream D:
FPSO Mooring Strategies
Technology to Reduce OPEX
Balancing Contract Risk and
Establishing Trust Between
Stakeholders
• How can FPSO projects be pushed
forward through stakeholder
collaboration?
• In what areas can FPSO contractors
exercise more autonomy in delivering
timely and economic projects?
• Balancing exposure to financing
and delivery delay risks between key
stakeholders
• When are prescriptive requirements
necessary, and how can the
trickle-down of cost and time to
subcontractors and suppliers be
mitigated?
Thyl Kint
President
ULENSPIEGEL PTY LTD
Transforming Projects Through
Integration of Innovative
Technologies
• Which areas of FPSO projects can
realise the most progress through
technological innovation?
• Assessing the cost implications of
technology providers working in silos
• Quantifying the value enhancements
that come with alignment of project
deliverables across technology
providers
• How can integration of individual
innovations in FPSO technology
together achieve robust project
improvements?
• Balancing innovation and RD with
cost-cutting measures
Duncan Peace
Managing Director
CRONDALL ENERGY
Chairman’s Opening Presentation:
Back To Basics Look At Fundamental
Delivery Of FPSOs to Reduce Costs
Streamline Delivery
• How can effective projects
be developed in this oil price
environment?
• Assessing progress from 2015: Is the
FPSO industry confident that 30-50%
project cost savings is feasible?
• Quantifying identifiable progress in
project cost savings: case examples
from SBM Offshore
Richard Ella
SBM OFFSHORE
Optimising FPSO Mooring Systems
• Mooring systems vs environmental
conditions: assessing recent mooring
incidents and potential causes
• Inter-relationship of critical
components to mooring system
integrity: anchor leg systems, bearing
and swivels
• Challenges facing mooring system
condition monitoring
• Strategic CAPEX decisions to regulate
OPEX down the line
Jeffrey Sim
RUBICON OFFSHORE
Learn howto develop a robust
FPSO tendering strategy in Thyl’s
interactive workshop- turn to page 19
for more!
Deep-dive into FPSO value
enhancement in Duncan’s
interactive focus day- turn to page
18 for more!

Risk Balancing
Technical Stream B:
Design
to Installation
1405 Risk Management: The Five Most
Common Contracting Disputes
during FPSO Execution
• Design: inadequate FEED, definition
of work scope, design responsibility
and design creep
• Integration: barge conversion
(condition on delivery, turret and
topsides, sequence of work and
carryover)
• Information: technical, timing and
nature (quality source)
• Change: management, delay, cause
and effect
• Payment: valuation, disruption and
loss of productivity
Mark Harris
Partner
Pinsent Masons LLP
Optimising Future Swivel and Fluid
Transfer Technologies for Increased
Efficiency
• Analysing the swivel requirements of
specific field profiles: deep water,
harsh environments, ultra high
pressure and temperature (HPHT)
• Case examples of the application of
very high-voltage power swivels on
subsea processing and simultaneous
water and gas injection (SWAG)
• Overcoming challenges in re-injection
of water or gas into ultra high-
pressure and temperature (HPHT)
reservoirs and implications on turret
mooring and swivels
Per Skiftesvik
Sales Manager
ONE SUBSEA
Presentation by MISC Optimising Mooring Condition
Monitoring and Integrity for
Reduced OPEX
• Accounting for mooring integrity
and condition monitoring from initial
design
• Overcoming challenges between the
design and operational phases for
turret and mooring systems
• Harnessing data to illustrate a
complete picture of the mooring
system to predict and respond to
potential faults
Jeremiah Daniel
Walker Ridge Facilities Area Manager
PETROBRAS AMERICAS
1430 Balancing Risk in FPSO Contracts
and Strategic Negotiation to
Mitigate Potential Disputes, Delays
and Cost Overruns
FPSO contractors see prescriptive
requirements as barriers to timely
and cost-effective projects, while
oil companies are often reluctant
to relinquish control that could
compromise the billions of dollars
invested in their field development. Yet
if FPSO projects are to be made viable
in today’s low oil price environment,
it is imperative that operators and
contractors communicate to balance
contractual risks and move projects
ahead.
• When are prescriptive requirements
necessary, and how can the
trickle-down of cost and time to
subcontractors and suppliers be
mitigated in the contract phase?
• Examining common contract disputes
during FPSO execution: condition on
delivery, compliance, performance
and delays
• Common legal pitfalls and mitigation
strategies in the procurement process
• Ensure compliance and adherence
to contracts to avoiding project
cancellation and standby disputes
Jamizal Zainol
Senior Legal Counsel
MULTINATIONAL OIL GAS
COMPANY
Seawater Intake Project
Standardisation Specification
Harmonisation
The presentation will look at an
overview of the most popular string
layouts and explain their pros and cons
in terms of safety, operational ability,
standardisation environmental
treatment, as well as the cost savings
therein.
Marcus Prinz
Managing Director
E+S, PART OF CONTITECH,
CONTINENTAL AG
FPS Installation: Practical
Strategies Lessons Learned from
a Contractor’s Perspective
This session will analyse FPS
installation and best practices from
the contractor’s perspective. Examine
technical successes and insights
from case examples, and assess how
design and processes can be modified
to achieve cost optimisation and
improved HSE and quality.
Arne Henning Larsen
Business and Technology Development
Manager
DOF SUBSEA
Mooring Maintenance and
Installation: A Joint Effort
This session will discuss the ideal way for
stakeholders within a mooring installation
project – from contracting, preparation
and execution towards finalization – to
cooperate for increased efficiencies,
exploring case examples from recently
executed projects by Boskalis.
Understand how stakeholders within
a project typically try to work together,
and what models can reconcile the
project context with each stakeholder’s
objectives for optimal project delivery.
Kees Jan Vermeulen
Technical Manager
BOSKALIS
1455 Eliminating the Need for Production
Shutdowns to Remove Sand
Accumulations from Production
Separation Vessels
• Applying online sand removal
technology to clear sand from the
separation process while eliminating
the need for critical path shutdowns
and enabling continual production
• Removing up to 150 tonnes of sand
from process vessel without the need
for vessels to shutdown production:
Case examples from Shell, Centrica,
Nexen, Maersk FPSOs and Dana
FPSOs
• Compare and contrast traditional
sand removal technologies, such
as sand-face screens that are pre-
installed into separators or retrofitted
through drain nozzels: what value do
new approaches provide?
Lovat MacGregor
Business Development Manager
CAPE ENVIRONMENTAL SERVICES
OFFSHORE
Re-examining Procurement
Strategies for Sustainable Cost
Reduction in the Supply Chain
• Which FPSO components and services
would benefit from alternative
agreements and partnerships with
suppliers?
• Integrating the supply chain
into initial project execution and
engineering conversations to
optimise the balance of CAPEX and
OPEX
• Leveraging the current market
downturn to re-evaluate procurement
processes for long-term cost savings
• Developing a win-win relationship
with suppliers in order to mitigate the
compounding costs of risk down the
supply chain
Kamal Karthik
VP Estimation, Procurement and
Project Services
YINSON PRODUCTION
Ensuring FPSO Mooring Integrity
and Eliminating Incidents Through
A Robust Mooring Monitoring
Strategy
Mooring failures can pose a significant
threat to FPSOs, particularly those
operating in difficult deepwater or
harsh weather environments.
This session will assess the key
challenges facing mooring monitoring
processes for FPSOs from the
perspective of the client, such as
calculating the tension of lines and
evaluating real-time data feedback
from the turret to trash zone.
Understand how robust mooring
monitoring can reduce OPEX for
both new FPSOs and those facing
redeployment.
Peter Norman
International Partnerships Director
SUBSEA ASSET LOCATION
TECHNOLOGIES LTD

Risk Balancing
Technical Stream B:
Design
to Installation
1550 FPSO Project Outlook in Southeast
Asia: Sabah Development Bank’s
Perspective
• Update on Sabah Development
Bank’s acquisition of M3nergy:
strategy and outlook ahead
• Status of the FPSO Bertam purchase
from Lundin Petroleum and plans
ahead for Malaysia’s Block PM307
Bertam field development
• FPSO development opportunities and
challenges in Asia
Suhnylla Kler
Executive Director
M3NERGY
SDB ASSET MANAGEMENT
The CAPEX and OPEX Savings of
Caisson-Installed Pumps vs Pump
Room Installations
This case study on sea water lift pumps
demonstrates the substantial cost
savings from using caisson installation
versus pumps in pump rooms or
machinery spaces. The session will
examine:
• Reducing OPEX with caisson pumps:
less equipment to be maintained, ease
of modifications during life of field in
case of tie-backs, etc
• Installation of suction hoses
facilitated by dedicated caissons
• Eliminating the risk of flooding
buoyant compartments and the
need for maintenance work in closed
compartments under the water line.
Frode Hjelmeland
Sales Manager, Oil Gas Pumping
Systems
FRAMO
Focus on West Africa: Opportunities
in Local Content Compliance FPSO
Project Delivery
The Lagos Deep Offshore Logistics
Base (LADOL) is a 100-hectare free
zone and logistics hub that hosts the
largest shipyard in West Africa. In a
joint venture with the Samsung FPSO
integration yard, Total’s Egina FPSO
is currently under construction at the
base.
This session will address achieving local
content compliance in West Africa and
the status of regional infrastructure
development. It will further discuss
the future of FPSO opportunities and
infrastructure availability in Nigeria
and West Africa.
Dr. Amy Jadesimi
Managing Director
LADOL FREE ZONE
Mooring System Integrity: Making
the Right Decisions During CAPEX
to Minimise OPEX
The presentation will analyse the key
aspects of mooring system integrity:
anchor leg systems, bearings and
swivels. Understand how to make the
proper decisions during the ITT and
CAPEX phase to ensure robust design
and minimisation of OPEX, and when
there is value in investing additional
CAPEX for long-term savings. Discover
lessons learned based on case
examples of various mooring systems’
operational performance through
assessment of design, procurement/
fabrication, training, inspection and
maintenance. Discussions will address:
• Turret and spread moored systems
• Robustness in design: strength,
fatigue, corrosion, quality and
maintenance
• Proper inspection and maintenance
procedures and training
Arun Duggal
Director RD
SOFEC
1615 Panel: Putting Collaboration and
Risk-Sharing into Practice to Drive
FPSO Projects Forward
• How to balance oil company
expectations of near-zero downtime
with the vessel contractor’s minimum
acceptable requirements?
• Avoiding contract disputes through
innovative risk-sharing?
• What can every player in the value
chain do to move out of their silos and
assume different responsibilities as
active project participants?
Panelists:
Ankit Garg, Project Manager- HUSKY
Madura FPSO, BUMI ARMADA
Jamizal Zainol, Senior Legal Counsel
MULTINATIONAL OIL GAS COMPANY
Thyl Kint, President, Ulenspiegel
Pty Ltd
Graham Prentice, Senior Contracts
Negotiator, PREMIER OIL
Presentation by R STAHL Optimizing FPSO Hull Design: Cost-
Effective Concepts
Hull design is of significant important
for FPSO projects, as steel weight
and material costs play an important
role in construction expenditures. Yet
FPSO hull design can be challenging
due to limitations and conflicting
approaches in the maritime industry.
This session will examine strategies
to enhancing FPSO hull design,
taking into consideration existing
shipbuilding practice and the hull
design requirements of classification
societies.
• Challenges and strategies to
optimising FPSO Hull design
• Topside module lifting onto hull
• Using an EPC approach towards
design and construction for cost
savings and on-time delivery
Deokki Kim
Senior Manager, FLNG/Drillship
Engineering
HYUNDAI HEAVY INDUSTRIES
Presentation by NOV
Matt King
Vice President Business Development,
Asia Pacific
NOV
Stuart Turnbull
General Manager, Asia Pacific
NOV
Misplaced your agenda? Can’t locate an attendee
you’d like to meet? Keep the FPSO World Congress
in your pocket with ourfree event app, featuring:
• Live agenda
• Speaker sponsor information
• Direct messaging with attendees
• Audience polling
DOWNLOAD THE
FPSO WORLD
CONGRESS
MOBILE APP!

Risk Balancing
Technical Stream B:
Design
to Installation
1640 (continued) Panel: Putting
Collaboration and Risk-Sharing
into Practice to Drive FPSO Projects
Forward
• How to balance oil company
expectations of near-zero downtime
with the vessel contractor’s minimum
acceptable requirements?
• Avoiding contract disputes through
innovative risk-sharing?
• What can every player in the value
chain do to move out of their silos and
assume different responsibilities as
active project participants?
Panelists:
Ankit Garg, Project Manager- HUSKY
Madura FPSO, BUMI ARMADA
Jamizal Zainol, Senior Legal Counsel,
MULTINATIONAL OIL GAS COMPANY
Graham Prentice, Senior Contracts
Negotiator, PREMIER OIL
Closing Panel: Revisiting FPSO
Design and Technologies to
Streamline Development
• How can stakeholders effectively
integrate technologies to deliver
robust and cost-effective FPSO
projects?
• In what ways can stakeholders
identify and align technical and
budgetary targets to monitor
progress and work towards common
goals?
• Assessing what technological gains
can be made taking into account the
current market environment
Panelists:
Marcus Prinz
Managing Director, E+S, part of
ContiTech, CONTINENTAL AG
Per Skiftesvik
Sales Manager
ONE SUBSEA
Lovat MacGregor
Strategic Client Manager
CAPE ENVIRONMENTAL SERVICES
OFFSHORE
Duncan Peace
Managing Director, CRONDALL
ENERGY
Closing Panel: Revisiting Project
Execution to Make The “Bloated”
FPSO Project Lean
• How must project execution change
to deliver economically sound FPSO
projects?
• How can project teams leverage
value engineering to reduce costs and
improve processes?
• Balancing CAPEX and OPEX: which
engineering and execution aspects
can be streamlined without impacting
operational costs in the mid-late
stage of the FPSO lifecycle?
Panelists:
Kamal Karthik
VP Estimation, Procurement and
Project Services
YINSON PRODUCTION
Richard Ella
SBM OFFSHORE
Subhash Gangahar
Completions Manager
MODEC
Closing Panel: Optimising FPSO
Mooring Systems
• What conversations need to happen
in the design phase of mooring
systems to ensure OPEX is held under
control?
• How will innovations and new
technologies change how mooring is
undertaken?
• Key takeaways from the day’s
discussions
Panelists:
Jeremiah Daniel
Walker Ridge Facilities Area Manager
Petrobras Americas
Peter Norman
International Partnerships Director
Subsea Asset Location Technologies
Ltd
Arun Duggal
Director RD
SOFEC
Jeffrey Sim
Rubicon Offshore
1705 Closing PlenarySession: Understanding the KeyTakeaways from the FPSOWorld Congress—BuildingYour Business Plan in 2016 and Beyond
• Is the FPSO industry ready and willing to adopt radical change in orderto survive and thrive?
• Actionable strategies to delivering leaner, more collaborative FPSO projects in the next 12 months
• Highlighting the keytakeaways from the FPSO World Congress
• Reviewing the FPSO market for 2016 and beyond: where to find opportunity in the downturn
1740 End of Congress
www.fpsonetwork.com
THE WORLD’S LEADING ONLINE PORTAL
COVERING THE LATEST NEWS AND
CONTENT PERTAINING TO THE ENTIRE
FPSO VALUE CHAIN.
An international resource and content centre for the FPSO professional, the FPSO Network delivers the
latest, up-to-date, insightful and unbiased information pertaining to the entire FPSO value chain.
The FPSO Network, part of IQPC and associated with the world-famous FPSO Congress series, maintains
the largest international database offering strategic partners, members and contributors an unparalleled
opportunity to network with peers, share ideas and disseminate best practice information in designing,
executing, delivering and operating FPSOs across the world.
The FPSO Network provides research, training and networking for oil company, vessel contractor, EPC,
shipyard, financing, legal and solution provider professionals from over 50 countries around the world. Whether
you come from an oil operator, upcoming vessel contractor or established solution provider, the FPSO Network
offers you the opportunity to connect, collaborate and communicate with the global FPSO community.
Launched in 2014, the FPSO Network now has over 12,000 members.
To find out how you can join absolutely free, please email rani.kuppusamy@fpsonetwork.com

PRE-CONGRESS FOCUS DAY
Monday 19 September 2016
1000- 1600
TechnicalValue Enhancement for
FPSOs to Reduce CAPEX and OPEX
Rationale:
It is clearthat the FPSO industry cannot continue to execute projects in the same manner as when oil
prices hovered around $100/bbl, when utilizing more complex topside facilities and vessel solutions
were the norm. Ratherthan attempting to survive with the same solutions until the price of oil rises,
the real opportunityfor growth lies in taking a hard look at the fundamentals of FPSO design and
development in orderto deliver economically relevant projects in the current oil price environment
and sustain these savings when the market improves. This focus daywill look at howto achieve FPSO
value improvements through the strategic integration oftechnical innovations and design
optimization, togetherwith supply chain management in orderto deliver more cost-effective FPSO
solutions.
Key Discussion Points Include:
Topsides Design Optimisation
The size, weight and space requirements ofthe production facilities and associated utilities drive the
overall size and complexity ofthe unit. Therefore, savings in this area can have a magnified effect.
The discussion will centre around value improvement opportunities related to design margins and
the relationship ofthe facilities to the anticipated production throughput, levels of equipment
sparing and redundancy, plus opportunities forthe use of newtechnologyto reduce the size and
complexity ofthe facilities.
Supply Chain Optimisation
Significant opportunities exist within the supply chain to improve the way in which projects are
delivered. Closer cooperation between owners, yards and suppliers – plus rationalisation and
harmonisation ofthe regulatory environment – offers the potential to reduce execution risk and
improve project economics. Discuss some ofthe keyvalue improvement opportunities and how
these might be realised.
Rethinking Personnel on Board through Technologyto Reduce OPEX
Operations and maintenance can make up around half ofthe life-cycle costs of a development. As
such, reducing the levels of personnel on board through adoption of automation and technology
solutions present the potential for significant cost savings, while also enhancing workforce safety by
reducing the time spent offshore. Examine what aspects of FPSO operations can benefit from
automation to replace onboard crew, and what kinds oftechnologies are available to help make this
transition.
Who is this workshop for?
• FPSO Project Managers
• Heads of Engineering
• Construction Managers
• Technical Managers
• Operations Managers
Masterclass Leader:
Duncan Peace
Managing Director
CRONDALL ENERGY
Duncan has spent the majority of his 30+ years’ experience in the oil and gas business working on the
design, construction, installation and operation offloating production and storage units.
A Naval Architect with a Masters Degree in Offshore Engineering, and a Masters Degree in Business
Administration, he initially gained project experience with major contracting organisations such as
Brown and Root and John Brown, before joining FPSO contractor Navion in Norway during the late
90’s as Commercial VP. Following the sale of Navion’s FPSO business, Duncan returned to the UK to
found Crondall Energy, and has lead the growth ofthe Companyfrom start-up to its current position
as a market leading multi-discipline floater consultancy.
Duncan is an acknowledged global expert in the FPSO market, and continues to combine his
leadership role with strategic consulting activities and running commercial and technical workshops
for major oil companies and contractors.
NEW PRICING STRUCTURE TO FIT EVERY BUDGET!
In this market climate, we know every dollar spent on marketing
training must be maximised- turn to page 24 to see our new pricing
structure to ensure you get maximum ROI from your participation in
the FPSO World Congress 2016.
Areyou ayoung engineer in
the FPSO industryor know
someone who is?
Attendthe FPSOWorld Congress
forjust SGD$899!
The FPSO industry is ageing, and like the rest ofthe oil and gas
industry, must considerwhat happens when experienced heads
start leaving the business. Can the industry replace them with
young, bright and upcoming talent? Are the young engineers of
today ready and equipped to address tomorrow's -- or even today's
-- challenges?
While there are no simple solutions, one key step forward is through
cross-generational communication and engagement. It is with this
in mind that we are pleased to introduce the FPSOWorld Congress
Young Talent Initiative, a special incentive to support up-and-
coming young talent in the FPSO industrywho are typically unable
to participate in high-level industryforums.
Here’s How ItWorks:
Young engineers aged 28 and underworking in the FPSO
industryare eligible to attend the full FPSOWorld
Congress at a discounted rate of SGD$899!*
Here’sWhatYou Get:
Two full days of access to the 17th Annual FPSO World
Congress:
• Understand macro industrytrends, hearthe challenges
industry executives are facing and discoverthe latest FPSO
project updates in the Congress plenary sessions
• Engage with technical professionals on the practical
challenges of FPSO design, project execution and
operations in our dedicated stream sessions and panels
• Take part in face-to-face, personal discussions with leading
FPSO decision-makers in two dedicated Young Talent
Roundtable Lunches in the Technology Hall to discuss
where the oil and gas industry is headed, gain insights from
their professional journeys and learn howyou can scaffold
your career development in the industry
The Roundtable Lunch Topics Include:
• EvolvingYour CareerWithin The Changing Oil Gas Industry
Landscape with Jeffrey Sim, Chief Operating Officer, Rubicon
Offshore
• Enabling Knowledge Transfer andAligning Communication
Between Generations with Curtis Lohr, Stones Project Director,
Shell
• GrowingAsALeader in the Oil Gas Industry:What’s InYour
Toolbox? with Jerry Joynson, Technology Director, SBM Offshore
• HarnessingYour Potential:Where Can The Oil Gas Industry
TakeYou? with Nicolas Bigle, Turret/Mooring System Lead,
Premier Oil
Avery limited number of seats are available, so email your photo ID
and business card to enquiry@iqpc.com.sg to see ifyou’re eligible
forthe FPSOWorld CongressYoung Talent Initiative!
*Terms and conditions may apply
YOUNG TALENT
INITIATIVE

POST-CONGRESS WORKSHOPS
Thursday 22 September 2016
0900-1130
FPSOTurretsMooring
Masterclass
Rationale:
Mooringsystemsareoftenconsidered
themost“triedandtrue”aspectofFPSO
technology.Thatsaid,selectingthe
optimalmooringsystemforanFPSO
development–andensuringitsintegrity
throughoutservicelife–isimperative
toproductivityandprofitability.FPSO
opportunitiesintheGulfofMexicoand
WestAfricacallforrobustdeepwater
mooringsystems,andintheharsh
operatingenvironmentsoftheNorth
Seamooringfailuresarenotuncommon,
necessitatingresilientsystemsthatcan
withstandpunishingweatherconditions
fordecadesonstation.
Thisworkshopwillexamineboththe
technicalrequirementsofamooring
systembasedonthefieldcharacteristics
andwaterdepthofthedevelopment
inquestion,andassesstheeconomic
implicationsthereintoensurethatCAPEX
andOPEXareoptimisedthroughout
theFPSOlifecycle.Walkawaywitha
comprehensiveunderstandingofhow
toselectamooringsystemthatwill
performasintended.
KeyDiscussionPointsInclude:
• Examinespreadvsturretmooring,
externalvsinternalanddisconnectable
systems:whatarethebenefitsofeach?
• Assesscost-effectivemooringsystems
forspecificfieldcharacteristics:water
depth,environmentalconditions,field
lifespan
• Examplesofmooringfailure:whatwere
thecausesandconsequences?How
weresubseaassetssuchasrisersand
flowlinesaffected?Howcansuchfailures
beprevented?
• MooringintegrityanditsroleinFPSO
servicelife:achievingsustainable
operabilitythroughtheintegrationof
mooring,hullandstructuralintegrity
Whoisthisworkshopfor?
• FPSOProjectManagers
• HeadsofEngineering
• NavalArchitects
• ConstructionManagers
• OperationsManagers
Workshopleader:
JeremiahDaniel
WalkerRidgeFacilitiesArea
Manager
PETROBRASAMERICAS
JeremiahDanielhas35yearsofexperienceintheoiland
gasindustry,primarilywithfloatingproduction
systems.Havingworkedonbothsidesofthefencefor
majoroilcompaniesaswellasFPSOcontractors,hehas
adualperspectiveonFPSOdesignandprojectdelivery.
HisexperienceincludesFPSOconceptdesignand
selectiontoEPCIcontracts,withassignmentranging
fromnavalarchitectureandmarineengineeringto
projectandtechnicalmanagement.
0900- 1130
DevelopingACoherent
Tendering Strategyfor
Upcoming FPSO Projects
Rationale:
With limited FPSO projects setto
achieve FID in 2016, competitionfor
active projects isfiercerthan ever,
seeing stakeholders engagewith non-
traditional clients infield developments
thatwere previouslynot under
consideration.
Inthis market environment, an
understanding ofwherethe FPSO
business is setto pick up – and howto
engagethe clientstherein – is imperative
towinning business.
Thisworkshopwill analyse which
upcoming FPSO projects are ontrack
fordevelopment, and howto establish
a successful bid strategyfrom boththe
perspective ofoil companies andvessel
contractors. Examine howto develop
effective strategiesfortendering,
common challenges and pitfalls andthe
potential benefits ofpartnerships and
earlyengagement in successful bids.
Key Discussion Points Include:
• Investigating the potential size,
schedule and location of global FPSO
projects in the next 5 years
• Developing a coherent strategyfor
tender processes from both an oil
company and vessel contractor point
ofview
• The role of partnerships and joint
ventures in bidding: opportunities and
challenges
Who is this workshop for?
• FPSO Investors
• FPSO Project Managers
• Business Development Managers
• Project Control Managers
Workshopleader:
Thyl Kint
President
ULENSPIEGEL PTYLTD
ThylKintisanoilgasindustryexecutivewithover25
yearsworldwideexperiencebothontheoilcompany
andonthemajorcontractorside.MostrecentlyThyl
wasCTOatBWOffshorewherehewasresponsiblefor
allengineering,tenders,projectdeliveryandoffshore
installation.
Thylspentmostofhiscareermanagingoffshoreoil
andgasdevelopmentsandwasprojectmanager/
directorfor4FPSOprojectsontheoilcompanyside.
HesupportedseveralFPSOprojectsasaconsultant
andevenmoreinhisroleatBWOffshore.
Overhiscareer,Thylhasbeeninstrumentalin
enablinganumberofmarginalfielddevelopments
andinnegotiatingcontractsupto$2bn,with
innovativetechnicalcommercialfeatures.
1230-1500
HowtheFPSOSupplyChain
CanHelpOilCompanies
DevelopaSuccessful
BusinessCaseforanFPSO
DevelopmentintheCurrent
MarketEnvironment
Rationale:
Therehasbeenmuchdiscussioninthe
FPSOindustrysurroundinghowFPSO
stakeholderscanworktogetherto
streamlineandpushforwardFPSOprojects
inthelowoilpriceenvironment.Withfewer
offshoreEPdevelopmentsreachingFID
asoilcompaniesassesstheeconomicsof
undertakingafielddevelopment,whatcan
vesselcontractorsandsubcontractorsdo
tohelptheirclientsdevelopasuccessful
businesscasetoproceed?
Thisworkshopwillexaminewhatoil
companiesrequirefromanFPSO,how
thosecostconsiderationsfitintotheentire
fielddevelopmentandhowtheydecide
thebestprojectexecutionmodels
asaclient.Discussandunderstandoil
companies’decision-makingcriteriawhen
undertakinganFPSOdevelopmentand
howallstakeholderscanaligndeliverables
tobringdevelopmentstofruition.
• Analysingtheoptionsoilcompanies
considerwhenselectinganFPSO
procurementstrategycomparedtowhat
FPSOcontractorsgenerallyoffer
• Examiningthefactorsoilcompaniestake
intoaccountwhenselectinganoptionfor
eachdevelopment
• Howdooilcompaniesvieweffectivecost
reduction:canfunctionalvsprescriptive
requirementsbeproductivelybalanced?
• Arealternativestocompetitivetendering
realistic?Whataretheopportunities
andchallengesindirectnegotiation
andpartnershipsfromanoilcompany’s
perspective?
• CommercialVPsandGMsfromvessel
contractors
• BusinessDevelopmentManagers
• CommercialManagers
• FPSOContractManagers
Workshopleader:
SimonHarman
FPSOCategoryManager
WOODSIDEENERGY
Simonhasworkedforbothoilcompaniesand
contractorsinavarietyofsupplychainandcontracting
andprocurementroles.HehasworkedatWoodside
Energyforthepast10yearsincontractingand
procurementrolesfordrilling,subseaandLNGprojects,
andhasbeenFPSOCategoryManagerforthepast4
years.
PriortoWoodside,SimonworkedforBHPintheUKon
theLiverpoolBayDevelopmentfor8years,inboth
projectandbrownfield/operationsroles.
1230-1500
CommercialisingFPSO
RedeploymentforProfitable
andProductiveProjectsin
theCurrentMarket
Environment
Rationale:
Redeployabilitywasoneofthemost
significantbenefitsofFPSOswhenthey
firsthitthemarket,yethasbecomea
conceptthathasfallenoutoffavoroverthe
pastseveralyearsas$100/bbloilprices
allowedclientstoselectbespokeand
increasinglycomplexvessels.Withthe
priceofoilnowhoveringaround$30/bbl
andnearlyallvesselcontractorshavingat
leastoneFPSOcomingoffcontractin
2016,redeploymentmustbecomepartof
projectdevelopmentconversationsif
FPSOsaretoremaineconomicallyrelevant
inthecurrentmarketenvironment.
Thisworkshopwillquantifytheeconomic
valueofFPSOredeployment,anddeep
diveintothecommercialandtechnical
requirementsofexecutingasuccessful
andcommerciallyrobustredeployment.
• Oilcompanies’vs.FPSOcontractors’view
ofredeployment:balancingexpectations
andconcessions
• Attainingoptimalassetvaluethrough
modificationoffielddevelopmentplans
aroundtheFPSO:establishingawin-win
forclientandcontractor
• Strategiesandlessonslearnedfrom
effectiveFPSOredeployments
• CommercialVPsandGMsfromvessel
contractors
• BusinessDevelopmentManagers
• CommercialManagers
• FPSOContractManagers
Workshopleader:
SimonLowe
SeniorVicePresident,
CommercialBusiness
Development
TEEKAYOFFSHORE
SimonLowejoinedTeekayOffshoreProduction
(formallyTeekayPetrojarl)asSeniorVicePresident,
CommercialandBusinessDevelopmentinApril2008,
following11yearsatMaersk,andpreviously17years
workingforvariousEngineeringContractors.
DuringhiseightyearsatTeekay,Simonhassuccessfully
ledthenegotiationteamsforthecontractawardsfor
CidadedeItajai,KnarrandAtlanta,re-negotiated
contractsforPetrojarlVarg,PetrojarlCidadedeRiodas
Ostras,andtheHummingbirdSpirit,participatedin
negotiationofamajorcontractamendmentfor
PetrojarlFoinaven,supportedtheacquisitionofthree
operatingSevanunitsand,throughajointventurewith
Odebrecht,securedtheLibraEWTcontract.
Simonhas35yearsofoffshoreoilandgasexperience
withintheareasofbusinessdevelopment,contracts,
projectsandengineering. Thisincludes31yearsof
experiencewithfloatingproductionssystems,and26
yearsofexperiencewithFPSOs.
A B C D

THE 17TH ANNUAL FPSO WORLD
CONGRESS SPONSORS AND EXHIBITORS
Technology Spotlight Sponsor: FPSO Library:
Diamond Sponsors:
Diamond Sponsor Speakers' Welcome
Reception Host:
Speakers' Corner Host:Cocktail Reception Host: Legal Partner
Platinum Exhibitors:
Gold Exhibitors:
Silver Exhibitors: Bronze Sponsor:

TheVessel
Demonstrateyoursolutions in action atourhands-
ontechnologyspace! Usethis interactive central
areato showoffyourequipmentand letdelegates
engage in live demonstrations.
HOW WILL YOU POSITION YOURSELF
AT THE 17th FPSO WORLD CONGRESS?
In light ofthe current market climate, oil companies and vessel contractors are
re-examining their entire FPSO supply chain and more open than everto engage with
subcontractors and solutions providers to reduce CAPEX and OPEX and work
together in pushing FPSO projects forward.
When the dust settles there will be casualties and survivors; those that tryto hold on
for a better oil price, and those who listen to end users’ needs and adapt their business
alongside them- which choice will you make?
We know budgets are tight, and it’s imperative that every marketing dollaryou spend
provides the most ROI. Whether it’s demonstrating thought leadership as a speaker;
bringing your innovative solutions to life in our exhibition hall; or ensuring that your
target audience knows you as THE preferred partner through branding, we can
create the ideal platform to meet your objectives at the FPSO World Congress.
To find out more about how we can tailor a package to meet your business objectives, email: sponsorship@iqpc.com.sg
or call us at +65 6722 9388.
DisplayThought Leadership
Position your cost-effective, innovative solution in
front of active project owners and decision makers
through our plenary and speaking sessions.
Command Presence and EstablishYour Focal
Point at our Congress
Take up an exhibition booth to displayyour solution,
and more importantly, have a focal point from which
to network and interact with yourtarget audience.
HOWDOYOUWANTTOREACHYOURAUDIENCEATTHE
17th
ANNUALFPSOWORLDCONGRESS?
LiveTechnical Demonstration at the “Vessel”
Have an innovative newtechnology? Don’t just talk
about it, help end users visualise your solution in our
live showcase, the “Vessel”! Get as creative as you’d
like with videos, equipment demonstrations and
hands-on interactions to bring your solution to life in
front of potential clients.
Branding, Branding, Branding
Remain front-of-mind foryourtarget audience by
sponsoring our delegate bags, lanyards, pens,
notepads, registration booth and collaterals.
DoubleBooths
Size matters.Take up a centrally-located double
boothformaximumfootfall and exposure. Ensure
you remainfront-and-centreforclients and
prospectsthroughoutthe FPSOWorld Congress.
Partner'sLounge
Meetthe FPSOteam and discuss
yourobjectives and rebookingfor
the FPSOWorld Congress 2017!
YoungTalentRoundtable
Lunch
Young professionals joining us
throughthe FPSOWorld Congress
YoungTalentInitiative cantake
partinface-to-face, personal
discussionswith leading FPSO
decision-makers intwo dedicated
roundtable lunchesto discuss
wherethe oil and gas industryis
headed, gain insightsfromtheir
professional journeys and learn how
to scaffold careerdevelopmentin
the industry.
FPSONetwork
Notpartofthe FPSO Networkyet?
Discoverwhymorethan 12,000 FPSO
professionals usethis dedicated online
portal astheirFPSO resource centerand
forumfordiscussion.Available onyour
mobile,the global FPSO communityis
nevermorethan a screentap away.
Speakers'Corner
Have a question orcomment
forone ofourspeakers? Come
tothe Speakers'Cornerinthe
main exhibition hallwhere our
speakerfacultywill gatherfor
refreshments directlyaftereach
oftheirpresentations.

SOCIAL NETWORKING
Pre-Congress
VIP Social*
Date: 19 September
Time: 7:00pm-8:30pm
Venue: ByInvitation Only
Each yearwe thank ourVIP delegates and distinguished speakers
from across the globe with a pre-Congress cocktail reception.
Hosted by OneSubsea, we invite our speakerfaculty and VIP
guests to unwind from travel and meetings to touch base over a
drink before the Congress kicks off.
*This VIP social is strictly by invitation only. For more
information please contact us at enquiry @iqpc.
com.sg or call us at +65 6722 9388.
Hosted by
Speed
Networking!
No matter how manyyears you’ve been in the
FPSO industry, chances are there are fresh faces
and new colleagues you’re yet to meet in the global
FPSO community. This year, we’ve built speed
networking activities into the World Congress to
ensure that you make new connections and
maximise your networking opportunities-
come armed with your business
cards and a smile!
Speakers’
Corner
Have a question or comment for one of our
speakers? Don’t get lost in the crowd looking for
Waldo- simply join us at the Speakers’ Corner
in the main exhibition hall where our speaker
facultywill gatherfor refreshments directly
after each oftheir presentations. Pick our
speakers’ brains over a snack in this
convenientlylocated lounge.
Hosted by
Cocktail
Reception
Date: 20 September
Time: 6:00pm-8:00pm
Venue: Marina BaySands
Markyour calendar, as the FPSO community’s most highly anticipated
party ofthe year returns bigger and betterthan ever at our brand-new
venue synonymous with luxury: Marina Bay Sands.
We know discussion and debate is thirsty business, and all delegates
are invited to kick back over drinks after a long day of industry
dialogue. Catch up with old friends and make new connections in
a relaxed and intimate environment, with free flow beverages
and canapés brought to you by Bureau Veritas.
The power offace-to-face connection cannot
be overstated- see you at the party!
Hosted by

LOGISTICS DETAILS
FOR THE 17TH FPSO WORLD CONGRESS 2016
There is no betterwayto further brand your solutions than advertising in our FPSO
Show Daily. Set for distribution each year on DayTwo ofthe Congress, the Show
Dailywill coverthe key discussions, highlights and takeaways from Day One of
the FPSO World Congress. Ensure that you position your product next to the key
articles and reports, as you can be sure that our delegates will be glued to the Show
Daily.
What’s Up for Grabs?
• Show Daily Sponsor
• Full-page Advertisement
• Half-page Advertisement
• Quarter-page Advertisement
To find out more about these branding
opportunities, email
enquiry@iqpc.com.sg or call us at +65 6722 9388.
FPSO World Congress
Media Partners
Whether it’s yourfirst time in Singapore oryou can order kopi like the locals, there’s only
one place to stay in the cityforthe ultimate experience in comfort and convenience.
The 17th FPSO World Congress is pleased to partnerwith our newvenue at the Marina
Bay Sands Hotel to provide special discounted corporate room rates foryourtime in
Singapore.
With a variety of discounted packages available, contact our customer service
department for quotes and more information at cs@iqpc.com.sg or call +65 6722 9388 .
BrandYour Solution in our
Annual FPSO Show Daily
INTRODUCING OUR NEW VENUE
AND HOTEL PARTNERSHIP WITH
MARINA BAY SANDS
Social Media Partners
Media Partners
Official Partner Official Newspaper Official Newswire Supporting Partner

IQPC Bank Details: Account Name: IQPC WORLDWIDE PTE LTD
Account Number: 147-048128-001 Swift Code: HSBCSGSG
Bank Address: The Hong Kong and Shanghai Banking Coporation, 21 Collyer Quay,
#08-01 HSBC Building, Singapore 049320
All bank charges to be borne by the payer. Please ensure that IQPC receives the full invoiced amount.
 BY DIRECT TRANSFER Please quote 12021.010 with remittance advice
DELEGATES REGISTRATION DETAILS
Mr. Mrs. Ms. Dr. OtherTitle:
Country: Postcode:
First name: Surname:
First name: Surname:
Address:
Job Title: Department:
Company:EmailAddress:
Approving Managers Name:
EmailAddress:
If the invoice is to be addressed for the attention of a different person than the delegate, please complete the details below:
If you have not received an acknowledgement before the conference please call us on +65 6722 9388 to confirm your booking.
Fax:Telephone: OFFICE MOBILE
Telephone:EmailAddress: OFFICE
 I agree to IQPC’s
payment terms.
Date:Approving
Managers
Signature:
Delegates
Signature:
DD / MM / YYYY
PAYMENT METHOD
 I WISH TO PAY BY CREDIT CARD: PLEASE DEBIT MY CREDIT CARD
Name Printed on the Card:
Card Number: / / /
Visa Mastercard American ExpressCard Type: M M / Y Y Y YExpiry Date:
Signature: Date: DD / MM / YYYY
Marina Bay Sands
10 Bayfront Ave, Singapore 018956
Tel: 6688 8868
Hotel accommodation and travel costs are not included in the
registration fee. A reduced corporate room rate has been arranged at
Marina Bay Sands for attendees at this conference.To take advantage
of this special rate, please process the hotel room reservation form
provided upon confirmation of your attendance.
VENUE ACCOMMODATION
5 WAYS TO REGISTER
IQPC CANCELLATION, POSTPONEMENT AND SUBSTITUTION POLICY
• You may substitute delegates at any time by providing reasonable advance notice to IQPC.
• For any cancellations received in writing not less than eight (8) days prior to the
conference, you will receive a 90% credit to be used at another IQPC conference which
must occur within one year from the date of issuance of such credit. An administration
fee of 10% of the contract fee will be retained by IQPC for all permitted cancellations.
No credit will be issued for any cancellations occurring within seven (7) days (inclusive)
of the conference. • In the event that IQPC postpones an event for any reason and the
delegate is unable or unwilling to attend in on the rescheduled date, you will receive a credit
for 100% of the contract fee paid. You may use this credit for another IQPC event to be
mutually agreed with IQPC, which must occur within one year from the date of postponement.
• Except as specified above, no credits will be issued for cancellations. There are no refunds
given under any circumstances. • IQPC is not responsible for any loss or damage as a result
of a substitution, alteration or cancellation/postponement of an event. IQPC shall assume
no liability whatsoever in the event this conference is cancelled, rescheduled or postponed
due to a fortuitous event, Act of God, unforeseen occurrence or any other event that renders
performance of this conference impracticable,illegal or impossible.For purposes of this clause,
a fortuitous event shall include, but not be limited to: war, fire, labor strike, extreme weather or
other emergency. • Please note that while speakers and topics were confirmed at the time of
publishing, circumstances beyond the control of the organizers may necessitate substitutions,
alterations or cancellations of the speakers and/or topics. As such, IQPC reserves the right
to alter or modify the advertised speakers and/or topics if necessary without any liability to
you whatsoever. Any substitutions or alterations will be updated on our web page as soon as
possible.
DISCOUNTS:
All ‘Early Bird’ Discounts require payment at time of registration and before the cut-off date
in order to receive any discount. Any discounts offered whether by IQPC (including team
discounts) must also require payment at the time of registration. All discount offers cannot be
combined with any other offer.
YOUR DETAILS:
Please email our Database Manager at enquiry@iqpc.com.sg and inform them of any incorrect
details which will be amended accordingly.
DATA PROTECTION:
Personal data is gathered in accordance with the Data Protection Act 1984. Your data may be
passed to other companies who wish to communicate with you offers related to your business
activities. If you do not wish to receive these offers, please tick the box below.
Please do not pass my information to any third party.
Registrations/orders received without immediate payment or credit card details will incur a
processing fee of SGD99 per delegate. Payment is due in full upon receipt of invoice. Full
payment prior to the event is mandatory for attendance.
PAYMENT TERMS
IQPC WORLDWIDE PTE. LTD.
Company Registration No: 199702288Z
©Copyright 2016 IQPC Worldwide Pte. Ltd. All rights reserved. This
brochure may not be copied, photocopied, reproduced, translated, or
converted to any electronic or machine-readable form in whole or in
part without prior written approval of IQPC Worldwide Pte. Ltd
+65 6720 3804
IQPC Worldwide Pte Ltd
61 Robinson Road, #14-01 Robinson Centre
Singapore 068893
IQPC recognises the value of learning in teams. Group bookings at the
same time from the same company receive these discounts:
 3 or more 7%  5 or more 10%  8 or more 15%
Only one discount available per booking. Team discounts are not
available in conjunction with another discount.
Call us for a special discount rate for teams of 10 and above.
TEAM DISCOUNTS
19-22SEPTEMBER2016
MarinaBaySands,
Singapore
• Early bird discounts DO NOT apply to workshop(s) and/or focus day(s) rates • Singapore companies, please add prevailing GST.
• Registrations without immediate payment or credit card details will incur a processing fee of SGD99 per delegate
BOOK AND PAY BEFORE 1 JULY 2016 AND SAVE $200 ON THE CONGRESS PACKAGE!
CONGRESS PACKAGES
ALL PRICES SHOWN ARE IN SINGAPORE DOLLARS
STANDARD PRICE
PAYMENT AFTER
1 JULY 2016
EARLY BIRD PRICE
PAYMENT BEFORE
1 JULY 2016
CONFERENCE PACKAGES
3,7993,599 (SAVE 200)Main conference – Oil Companies and FPSO Operators
899
Main Conference - Young Talent Initiative
[Terms Conditions Apply. Turn to page 18 for more details.]
4,699 (SAVE 200)Main conference - Solution Providers 4,899
FPSO Value Enhancement
Focus Day – SGD $999 each
Workshops – SGD $799 each
(choose up to 2)
A:Turrets and Mooring
9:00am
12:30pm C: How Supply Chain Can
Assist Oil Companies
OR
OR
B:Tendering Strategy
D: Commercialising
Redeployment
Indicate your choice below:
□ Book Focus Day at SGD $999
□ Book Focus Day + 1 Workshop at SGD $1398 and save $400
□ Book Focus Day + 2 Workshops at SGD $1997 and save $600
□ Book One Workshop at SGD $799
□ Book Two Workshops at SGD $1198 and save $400
+65 6722 9388
enquiry@iqpc.com.sg
Please complete in BLOCK CAPITALS as information is used to produce delegate badges.
Please photocopy for multiple bookings. Your priority registration code is printed below. Please quote it when registering.
EVENT CODE: 12021.010 PDFW

FPSO Bulletin-PDFW-6

Recommended

Recommended

More Related Content

What's hot

What's hot (14)

Viewers also liked

Viewers also liked (17)

Similar to FPSO Bulletin-PDFW-6

Similar to FPSO Bulletin-PDFW-6 (20)

FPSO Bulletin-PDFW-6