10 September 2024 - Pre-Congress Focus Day - FPSO 101: Commercial Project Fundamentals

Focus - Day

10:00 am - 10:30 am Morning Refreshments & Registration

10:30 am - 10:35 am Welcome and Housekeeping Address


10:35 am - 10:40 am Chairperson Opening Address


10:40 am - 11:20 am Panel Discussion: Crafting Economically Sustainable FPSO Projects with ESG in Mind

Haider Manasawala - Regional Finance Head, Chevron
Arthur Tay - Director, Project Financing, MUFG

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 prioritising environmental and social responsibility 
  • Collaborating with stakeholders to align project goals with ESG principles 
  • Adhering to ESG standards to promote long-term project success 


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Haider Manasawala

Regional Finance Head
Chevron

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Arthur Tay

Director, Project Financing
MUFG

11:20 am - 12:00 pm Fireside Chat: Exploring Alternative Project Financing for FPSOs

Dindo Abueg - Senior Managing Partner, Abacap Infrastructure
  • Investigating diverse options for financing FPSO projects 
  • Exploring unconventional financing structures tailored to FPSO ventures 
  • Implementing measures to address financial uncertainties and ensure project viability 
  • Anticipating shifts in FPSO financing landscape and adapting to emerging funding opportunities 
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Dindo Abueg

Senior Managing Partner
Abacap Infrastructure

12:00 pm - 1:00 pm Lunch and Networking Break


1:00 pm - 1:40 pm Recipe for Success: Curating Effective Contracts for FPSO Project Agreements

Ikhwan Sunoto - Head of Supply Chain Management, EPOMS

Explore key ingredients and strategies for crafting contracts that foster collaboration, mitigate risks, and ensure project success. Unravel the essential elements of contract negotiation and implementation, shaping the blueprint for prosperous FPSO ventures. 


  • Developing robust agreements tailored to FPSO project requirements 
  • Identifying essential elements for successful FPSO project contracts 
  • Mitigating potential challenges through clear and comprehensive contract terms 
  • Establishing collaborative partnerships to ensure project success and contractual compliance
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Ikhwan Sunoto

Head of Supply Chain Management
EPOMS

1:40 pm - 2:20 pm Local Content Strategies for Compliance and Community Engagements in Projects

Dirzi Zaidan - Project Manager, Husky CNOOC Madura Limited (HCML)

With hurdles including entry barriers into the global FPSO contracting market due to engineering intricacies and strict local content requirements, coupled with rising costs and a 25% mandate, overseas projects present significant challenges. Join Dirzi, a prominent figure in the Indonesian FPSO market, as he discusses strategies to navigate these obstacles and drive successful project outcomes through effective local content initiatives and community partnerships. 


  • Meeting local content requirements for project adherence 
  • Building relationships with local communities for project support 
  • Implementing effective approaches to ensure compliance and community involvement 
  • Assessing the influence of local content strategies on project success and community development 


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Dirzi Zaidan

Project Manager
Husky CNOOC Madura Limited (HCML)

2:20 pm - 2:50 pm Lease vs. Ownership - Key Considerations, Contracting Approaches, and Emerging Trends

Claudio Meggiolaro - VP Business Development, BW Offshore


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Claudio Meggiolaro

VP Business Development
BW Offshore

2:50 pm - 3:00 pm Chairperson Closing Remarks & End of Focus Day