[EBOOK] FPSO In Review

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Oil & Gas IQ Editor
11/29/2013

Driving FPSO Project Profitability through Sustainable Business Models and Technological Advancements

Oil & Gas IQ presents this comprehensive 8 page FPSO review in association with the FPSO Congress.

This all encompassing review takes a 360 look at every aspect of the current state of the FPSO sector and features new interviews, strategy and content from the 2013 congress - the largest FPSO event in the world. If you are in FPSO this is an essential read.

In this eBook:

FPSO FUTURE BRIGHT, BUT CHALLENGES ABOUND

By Howard James
The future of the global FPSO market looks positive, but the industry is today not without significant challenges, according to foremost industry leaders.

FPSO RISKS AND OPPORTUNITIES

By Kelvin Sam and Ding Li
FPSO awards in the next 12 months may be slightly lower but the long-term outlook remains healthy.

"The long-term outlook for FPSOs remains healthy and FPSO awards should rebound in 2015 driven by field developments in Brazil, Africa and the Asia Pacific"

60-SECOND INTERVIEW

Anthony Panousis, Head of Structured Asset Finance for Asia at ANZ bank, shares insight on the current FPSO-financing market and the bank’s core strategy.

"A major challenge for banks is that while most financiers accept the technical risks associated with FPSO vessels, they are not prepared to take a risk on a field that might not perform"

LET’S SHARE RISK, BUT AT A FAIR PRICE, SAYS CONGRESS CHAIRMAN

"There are a lot of things that contribute to a successful project. And one of them is the contract" asserted Jeffrey Sim, Senior Vice President (SPV) of Tenders Development at BW Offshore.

PRODUCTION FLOATERS ON THE RISE

Recent research shows there are 72 floating production systems currently on order worldwide, a record high. With oil demand unlikely to diminish over the next two decades, the outlook for the FPSO market seems positive. Why and where should FPSOs be redeployed?

WHY AND WHERE SHOULD FPSOS BE REDEPLOYED?

By Joseph Jones
While most FPSOs are currently newbuilds or conversions, the redeployment of FPSOs is expected to grow. Govert Wagenaar, FPSO Technology Manager at Bluewater Energy Services, argued in the session Redeployment of FPSOs: What implications are there for turrets and moorings? That redeployment of FPSOs is an increasing trend, and one that offers a higher degree of mobility and flexibility.

IN CONVERSATION WITH MAARTEN VAN ALLER

Maarten van Aller, COO of Petrofac Floating Production, discusses the latest technological challenges associated with FPSOs.

THE BIG INTERVIEW WITH SHELL’S MARTIJN DEKKER AND CURTIS LOHR

Howard James talks with Martijn Dekker and Curtis Lohr about Shell’s Stonesfield development - the world’s deepest FPSO project - and the current FPSO market.

"An area we can improve upon is to involve all companies in the development of projects much earlier, from discovery through to production" Martijn Dekker

"A concern of mine is the number of qualified and experienced personnel required to work on all upcoming projects" Curtis Lohr

FINANCING FPSO PROJECTS

Joachim J. Skorge, Managing Director and Regional Head of Asia, DNB Markets, examines the current FPSO financing market and offers thought leadership on overcoming the risk and challenges associated with funding energy projects.