Ensuring FPSO Project Longevity with Decarbonization, Revitalization and Commerciality
May 20 - 23, 2025
| Windsor Barra, Rio de Janeiro, Brazil
Main Congress Day Two (22 May 2025)
8:15 am - 9:00 am
Registration Opens
9:00 am - 9:05 am
Welcome Address by FPSO Network
9:05 am - 9:10 am
Opening Remarks by Congress Chairperson
Luiz Hayum -
Principal Upstream Research Analyst,
Wood Mackenzie
Envisioning the FPSO of the Future
9:10 am - 9:40 am
Petrobras’ FPSO Portfolio Challenges and Future Vision
Lourenço Lustosa Fróes da Silva, PMP, M.Sc. -
New FPSOs Program Coordinator,
Petrobras
Hear from Petrobras’ New FPSO Program Coordinator on Petrobras’ roadmap ahead as well as the portfolio challenges. He will share more on how the organization is driving growth in FPSO’s while embracing sustainability and new regional opportunities.
9:40 am - 10:10 am
Industry Thought Leadership
10:10 am - 10:40 am
FPSO Frade: An Overview of PRIO’s Revitalization Project at Frade Field
Francis Bidoul -
Frade Field Asset Manager,
PRIO
- Discussing the methodology used to reduce costs, increase production and reduce carbon emissions
- Leveraging new technologies based on our culture, data analysis and application of AI, Machine Learning, VR, automation, on daily routines
10:40 am - 11:00 am
Speed Networking Session
11:00 am - 11:30 am
Morning Break & Refreshments
11:30 am - 12:00 pm
Understanding Local Content Updates for Future FPSO Projects in Brazil
Gustavo Tinoco -
Deputy Manager of Local Content,
ANP
In this session, we will delve into the latest local content requirements and their implications for future and existing FPSO projects in Brazil.
- Overview of the local content requirements in FPSO projects
- Incorporating local content requirements updates into upcoming FPSO projects
- Understanding how future local content requirements will impact existing FPSO projects
12:00 pm - 12:30 pm
Industry Thought Leadership
12:30 pm - 1:00 pm
Unlocking Suriname's Energy Potential with FPSO’s
Alessandro Zunino -
Business and Commercial Director Latam,
SBM Offshore
- An overview of the Block 58 field development in Suriname
- Deploying an all-electric FPSO configuration and other technologies to reduce GHG
- Expected project timeline updates
1:00 pm - 2:00 pm
Lunch Break
Ensuring FPSO Project Continuity with Revitalization & Life Extension
2:00 pm - 2:30 pm
Revitalizing Brazil's Mature Fields: Yinson Production’s Role in Maximizing Field Life and Production
Thiago Freitas -
Country Manager & MD – Brazil,
Yinson Production
· Evaluating the long-term benefits of revitalization projects for Brazil’s oil and gas sector
· Showcasing Yinson Production’s successful FPSO revitalization projects: FPSO Anna Nery and FPSO Maria Quitéria
2:30 pm - 3:00 pm
Maximizing Efficiency and Sustainability: The Impact of Asset Tie-Backs on Brownfield FPSO Performance
Patricia Balla -
Process Engineering Lead,
Shell
- Importance of Asset Tie-Backs to production sustainability in mature fields
- Sharing of examples from fields like Lapa Project: Bonga, BC-10, etc, demonstrating the benefits of tie-backs
- Key requirements such as fiscal measurement, safety and environmental management systems, and environmental licenses that could affect FPSO necessary changes and operability
- Parallel projects for extending field life and necessary topside modifications to optimize operations and postpone decommissioning
Strengthening FPSO Commerciality
3:00 pm - 3:30 pm
Building a Sustainable Future: MISC's Approach to FPSO Development in the BOT Era
Satyaranjan Sinha -
Head NBFPSO Development Program,
MISC
- An overview of MISC’s FPSO roadmap
- Integrating sustainability into FPSO design for ease of financing
- Impact of Petrobras' Shift Towards Build-Operate-Transfer (BOT) Model and how we are navigating it
3:00 pm - 3:30 pm
Afternoon Break & Refreshments
4:00 pm - 4:30 pm
Challenges of FPSO Contract Terms in the Current Market
Humberto Loureiro Junior -
Director,
Shapoorji Pallonji Do Brasil Energy Ltda
- Risk assessment related to contract prices
- Implementing measures for risk assessment related to contract prices
- Mitigating potential challenges through clear and comprehensive contract terms
- Establishing collaborative partnerships to ensure project success and contractual compliance
Humberto Loureiro Junior
DirectorShapoorji Pallonji Do Brasil Energy Ltda
4:30 pm - 5:10 pm
Panel Discussion: Crafting Economically Sustainable FPSO Projects with ESG in Mind
Luiz Hayum -
Principal Upstream Research Analyst,
Wood Mackenzie
Eduardo Garcia - Director (Global Corporate Banking), MUFG
Titus de Greeff - Head of Corporate Finance Western Hemisphere, Yinson Production
Marcelo Mafra Borges de Macedo - Sustainability Director, Ocyan
Explore innovative strategies and best practices that reconcile economic viability with environmental and social responsibility, shaping the future of FPSO development in a rapidly evolving energy landscape.
- Integrating ESG considerations into preliminary FPSO project planning
- Ensuring financial sustainability while prioritizing environmental and social responsibility
- Collaborating with stakeholders to align project goals with ESG principles
- Adhering to ESG standards to promote long-term project success
