DAY TWO Wednesday, 30 May 2018
8:00 am - 8:50 am Registration & Welcome Coffee
8:50 am - 9:00 am Day 2 Opening Remarks by Congress ChairmanJorge Mitidieri - Executive Vice-President OCYAN (Formerly known as Odebrecht Oil & Gas)
9:30 am - 10:00 am Brazil Country Report – Doing Business in Brazil’s Oil & Gas IndustryPietro Ferreira - Regional Analyst Energy Industries Council
10:00 am - 10:30 am Brazil’s Oil And Gas Regulatory Framework And How To Work Effectively Within Brazil The Local Content RequirementsRita Albuquerque Zanforlin - Senior Associate, Energy Group CMS Cameron McKenna Nabarro Olswang
One of the major gripes that oil companies and FPSO contractors operating in Brazil have is the requirement to procure a certain level of goods and services from Brazilian sources. That has caused much confusion, and led to higher development and operational costs. However, since February 2017, the Brazilian government has announced proposed changes to the local content regulation. This session will take a closer look at revised local content requirements and its impact on the FPSO market in Brazil.
Rita Albuquerque ZanforlinSenior Associate, Energy Group
CMS Cameron McKenna Nabarro Olswang
10:30 am - 10:50 am Group Networking Session
10:50 am - 11:20 am MORNING TEA & NETWORKING BREAK
11:20 am - 11:50 am Case-Study: Learning From The Judicial Recovery Process Of OGPar, the Largest Successful Judicial Recovery Case In Latin America, And How To Deal With CreditorsPaulo Narcélio Simões Amaral - Former CEO OGPar
- Impact of bankruptcy on FPSO operations, manpower and on future direction
- Understanding the various decisions and thought processes made by the company’s senior management as they seek to restructure its debt
- Exploring the challenges faced when dealing with creditors and how to overcome them
Paulo Narcélio Simões AmaralFormer CEO
11:50 am - 12:20 pm Key Considerations For Financing FPSOs in Brazil’s Pre-salt and Marginal Fields: Alternative vs Traditional FinancingFernanda Delgado - Research Coordinator FGV Energia
Paulo Narcélio Simões Amaral - Former CEO OGPar
Cassia Dias - Structured Finance OCYAN
This session will provide delegates an overview of the various financing options available in various geographic regions such as Asia, Africa and South America. It will highlight the pros and cons of each type of financing structure and identify which financing model is the most suitable, attractive and cost-effective for each geographic region.
- Breakdown of various financing solutions available in the market
- Understanding the benefits and pitfalls of each type of financing structure
- Identifying the most suitable avenue of financing based on geography, operational needs and timeframe
- Examining the various financing opportunities available for FPSO contractors and oil companies in Brazil
- Assessing the investment appetite for FPSO projects in Brazil and what kind of financing alternative are available
- Analysing the pros and cons of funding projects via\ alternative financing
- Risk Calculation: How do financiers calculate risk and can technical risk reductions be adequately reflected in contracts?
Paulo Narcélio Simões AmaralFormer CEO
Cassia DiasStructured Finance
12:20 pm - 1:30 pm LUNCH & NETWORKING BREAK
1:20 pm - 2:00 pm Oil Operators’ Panel: Working Together with FPSO Contractors, Shipyards, etc – How to Make the Relationship a Win-Win Solution for All PartiesClarisse Rocha - Head of Americas Energy Industries Council
João Augusto Azeredo - Executive Director Brazilian Association of Naval Construction Companies and Offshore (ABENAV)
Andre Surkamp - Business Development Manager SBM Offshore
Andrew Kaczmarski - General Manager, Projects Shell
Much has been said about collaboration and cooperation being key to the success of the FPSO industry. But as the market prepares for recovery, how do industry players form meaning collaboration and what does it mean for the entire supply chain? This session looks at the various ways the FPSO industry can increase collaboration and cooperation in order to add value to an entire project and how it will help to drive down costs and increase productivity.
- How Oil companies and FPSO contractors should set out their expectation in the contract
- Explore best & worst practices on previous FPSO projects
- Assess the advantages or impact of leaving the project phase at Operations Handover with a Strong or Toxic Relationship.
- Evaluate if an “Integrated Team” approach can work in practice.
- Discuss the Importance of a Solid FEED phase
- Develop ideas and initiatives around a Common Business Plan for the FPSO Project.
João Augusto AzeredoExecutive Director
Brazilian Association of Naval Construction Companies and Offshore (ABENAV)
Andre SurkampBusiness Development Manager
Andrew KaczmarskiGeneral Manager, Projects
Clarisse RochaHead of Americas
Energy Industries Council
2:00 pm - 2:30 pm Analysing the Impact of a Riser Tower System For an FPSO
2:30 pm - 3:00 pm Best Practices for Decommissioning of Floating Production SystemsSamir Alves - Project Manager SBM Offshore
Given the number of units due to reach the end of their project life in the next 10 years worldwide, the need for experts in decommissioning or life extension is predicted to rise. This session will explore the best practices and solutions related to the decommissioning of the FPSO, as well as the risks and challenges of a project of this magnitude.
Samir AlvesProject Manager
3:00 pm - 3:30 pm AFTERNOON TEA & NETWORKING BREAK
3:30 pm - 4:00 pm Shipyard Case-Study: Top Lessons Learnt from Constructing and Repairing FPSOs in BrazilMarcus Cirio - Planning Manager BRASA Shipyard
- Analysing Brazil’s shipbuilding industry with regards to FPSOs construction capabilities and its future direction
- Comparing the various costs of building an FPSO vessel in South Korea compared to shipyards in neighboring countries
- Examining the impact of the existing bad market conditions on South Korea’s shipbuilding industry
Marcus CirioPlanning Manager