smi group's 5th annual floating lng 2017
TRANSCRIPT
www.fl oating-lng.co.uk Register online or fax your registration to +44 (0) 870 9090 712 or call +44 (0) 870 9090 711SPECIAL RATES AVAILABLE FOR OIL & GAS OPERATORS | ACADEMIC & GROUP DISCOUNTS AVAILABLE
REGISTER BY 31ST OCTOBER AND SAVE £400REGISTER BY 30TH NOVEMBER AND SAVE £200REGISTER BY 16TH DECEMBER AND SAVE £100
@SMiGroupEnergy #SMiFLNG
SMi presents its 5th annual conference on…
Floating LNG Capturing the latest developments and innovation to accelerate near-shore and offshore projects
Copthorne Tara Hotel, London, UK
PLUS TWO INTERACTIVE HALF-DAY POST-CONFERENCE WORKSHOPS • WEDNESDAY 15TH FEBRUARY 2017
A: Developing a FLNG Project08.30am – 12.30pm
Workshop Leader: David Haynes, Director & Principal Consultant,
Penguin Energy Consultants
B: Legal and commercial issues affecting the FLNG industry
1.30pm – 5.30pm Workshop Leaders: Nick Prowse, Partner,
Head Of Oil And Gas Energy, Oil And Gas, Norton Rose Fulbright LLPRichard Howley, Partner, Banking, Norton Rose Fulbright LLP
BENEFITS OF ATTENDING: • Increase the awareness of the current technological
landscape and optimisation of FLNG solutions • Update your knowledge on standards, regulation and
legislation regarding the safety and environmental use of FLNG
• Examine the impact of the oil-gas price margin within the FLNG market
• Assess the infl uence of geopolitics on the supply and demand of FLNG
• Obtain insight of Golar Hilli FLNG Steam Turbine Generators
CHAIRMAN FOR 2017: Leigh Bolton,
Founder and Managing Director,Holmwood Consulting Ltd
EXPERT SPEAKER PANEL INCLUDES:• Alan Buxton, Chief Operating Offi cer, Gasol plc• Andrew Loose, Technical Director FLNG and LNG, KBR• James Richmond, Business Development Director,
Peter Brotherhood Ltd• Tom Haylock, Business Development Manager, Aragon• Stuart Russell, Senior Trade and Investment Manager,
Western Australia European Offi ce• Costanza Jacazio, Senior Gas Analyst,
International Energy Agency• Claudio Rodriguez Suarez, Director General of
Infrastructure and ATR, Enagas
Sponsored by
CONFERENCE: 13TH - 14TH
WORKSHOPS: 15TH
FEB 2017
Floating LNG Day One | Monday 13th February 2017
8.30 Registration & Coffee
9.00 Chairman’s Opening Remarks
Leigh Bolton, Managing Director,
Holmwood Consulting Limited
OPENING ADDRESS
9.10 FLNG opportunities for the East Med
• East Med is a new gas province with good deep water
discoveries and prospects
• Examining the export options
• Going beyond the regional market: FLNG to European
and global markets
• Unlocking access
Charles Ellinas, CEO, EC Cyprus Natural Hydrocarbons
Company Ltd (eCNHC)
9.50 New LNG fl oating solutions for a more competitive LNG
value chain under an uncertain scenario
Claudio Rodriguez Suarez, Director General of
Infrastructure and ATR, Enagas
10.30 Morning Coffee
11.00 Prospects for Floating LNG – the worldwide outlook
• The exploitation of current market conditions
• FLNG production & FSRUs
• Future outlook, geographic segmentation and
expenditure forecast to 2022
Steve Robertson, Director, Douglas- Westwood
11.40 Early FLNG projects - Key technology challenges
• Technical approach to FLNG
• Capability for modularisation
• Operability & safety
Andrew Loose, Technical Director FLNG and LNG, KBR
12.20 Networking Lunch
1.30 Offshore versus Land-Based Regasifi cation Terminals
• Worldwide development of FSRUs
• Key elements differentiating between Offshore and
Land-Based terminals
• Making the right conceptual design selection
Sergio Gonzalez, Business Development Manager, Amec
Foster Wheeler Iberia
2.10 The shipping market: Drivers for the development of a
short-term market
• Gained experience of the LNG shipping market leading
up until today
• Factors facilitating the short term market
- LNG supply & demand
- FSRU market
- FLNG market
• Where the LNG shipping market is heading
Christopher Bergsland, Partner, Affi nity Ship
2.50 Afternoon Tea
3.20 FLNG’s role in the current market
• The FLNG value chain: Liquefaction through to
regasifi cation
• Where is FLNG cost effective in the current market
• How to ensure FLNG is cost effective in the current
market
Tom Haylock, Business Development Manager, Aragon
4.00 Top side design overviews and challenges
• Why FLNG is not a FPSO but there are similarities
• Technology and processing scale
• What changes between design and reality
David Haynes, Director & Principal Consultant,
Penguin Energy Consultants
4.40 Chairman’s Closing Remarks and Close of Day One
TECHNICAL & SAFETY CONSIDERATIONS
PROSPECTS FOR FLOATING LNG
Register online at www.floating-lng.co.uk
SPONSORSHIP AND EXHIBITION OPPORTUNITIESSMi offer sponsorship, exhibition, advertising and branding packages, uniquely tailored to complement your company’s marketing strategy.
Prime networking opportunities exist to entertain, enhance and expand your client base within the context of an independent discussion specifi c to your industry. Should you wish to join the increasing number of companies benefi ting from sponsoring our conferences please call:
Andrew Gibbons, on +44 (0) 20 7827 6156 or email [email protected]
MARKETING OPPORTUNITIESWant to know how you can get involved? Interested in promoting your services to this market?
Contact – Anna Serazetdinova SMi Marketing on +44 (0) 20 7827 6180 or email: [email protected]
FLOATING INFRASTRUCTURE MODELS & CONCEPTS
Sponsored by
Peter Brotherhood Established in 1867, the UK’s only turbine manufacturer, Peter Brotherhood design, manufacture, install, commission & service steam turbines for fl oating production vessels. With over thirty years fl oating production experience and the worlds largest installed base on such vessels, including two 33MW sets on Golar Hilli FLNG. www.peterbrotherhood.com
Lead Media Partner
Floating LNGDay Two | Tuesday 14th February 2017
8.30 Registration & Coffee
9.00 Chairman’s Opening Remarks Leigh Bolton, Managing Director,
Holmwood Consulting Limited
OPENING ADDRESS9.10 Key commercial challenges for the development of LNG
import projects • Economic threats and opportunities • Risk mitigation • Importance of met/ocean data • Coordination of works to reduce claims for delay
caused by individual work streams Alan Buxton, Chief Operating Offi cer, Gasol plc
9.50 How FSRUs can accelerate the demand growth for LNG in East of Suez?
• Overview of the global LNG demand • Recovery of the LNG industry: When and how? • What are the wildcards for LNG? The known and
unknowns • Changing the dynamics in the East of Suez LNG market. • How FSRUs can accelerate the demand growth for LNG
in East of Suez Siamak Adibi, Senior Consultant, Head of Middle East Gas
Team, FGE
10.30 Morning Coffee
11.00 Steam Turbine Process Power Generation System Considerations for LNG to FLNG Conversions
• Case study of Golar Hilli FLNG Steam Turbine Generators • Steam system design • Design considerations for steam turbine power
generation systems James Richmond,
Business Development Director, Peter Brotherhood Ltd
11.40 The Outlook for global LNG markets • How much room is there for LNG with current record
high of renewables and coal based power generation? • Flexible US LNG supplies: how is the market changing? • Who are the new players and how are they different
from traditional market participants? Costanza Jacazio, Senior Gas Analyst,
International Energy Agency
12.20 Networking Lunch
1.30 Concentrating on small FSRU/ FRU in Asia • The importance of new designers for small FSRU/ FRU • Demand for different set of technologies • Will the manufactures be the same? Leigh Bolton, Managing Director,
Holmwood Consulting Limited
2.10 LNG opportunities in Western Australia • By 2018, Australia’s liquefi ed natural gas (LNG)
production is expected to be 87 million tonnes (Mt) a year – the largest of any country – of which Western Australia will produce 48.7Mt (56 per cent)
• The Western Australia State Liberal-National Government supports the use of FLNG technology for development of smaller stranded gas fi elds (e.g. Prelude) which could not support the cost of pipelines and infrastructure involved in an onshore LNG project
• For major gas fi elds (e.g. Browse), the State Government supports onshore developments either through Greenfi elds development or partnerships with existing producers
Stuart Russell, Senior Trade and Investment Manager, Western Australia European Offi ce
2.50 Afternoon Tea
3.20 Addressing Financing Risk for Floating LNG Projects • Commercial banking market appetite for fl oating LNG • Project fi nance opportunities and risk mitigation • Sources of fi nance for FLNG • Latest trends in oil and gas project fi nance Session reserved for Top Tier Commercial Bank
4.00 Floating solutions for LNG regasifi cation terminals: Alternative business and contractual models in the current global LNG environment
• Current status: LNG regasifi cation terminal market • Current business models and contractual models: Best
practices and latest developments around the world • Key issues and solutions: land-based and offshore LNG
regasifi cation terminals Nick Prowse, Head of Oil and Gas, Norton Rose Fulbright LLP
4.40 Chairman’s Closing Remarks and Close of Day Two
FSRU & INTERNATIONAL MARKETS
FINANCE & ECONOMICS
Alternatively fax your registration to +44 (0)870 9090 712 or call +44 (0)870 9090 711
MARKETING OPPORTUNITIESWant to know how you can get involved? Interested in promoting your services to this market?
Contact – Anna Serazetdinova SMi Marketing on +44 (0) 20 7827 6180 or email: [email protected]
SupportingAssociation
Supported by
WORKSHOP A
Developing a FLNG ProjectLeader: David Haynes,
Director & Principal Consultant,Penguin Energy Consultants
HALF-DAY POST-CONFERENCE WORKSHOPWednesday 15th February 2017
08.30am – 12.30pmCopthorne Tara Hotel, London, UK
Overview of Workshop:The workshop will describe the key decisions and strategies involved in developing a FLNG project from “is FLNG right for me?” to “what LNG tank size and technology should I have?” The workshop will work through the timeline of a project showing how and when detailed is best added and certainty of cost and schedule improved.
All facets of a project need to be considered simultaneously, it is not just about technical/engineering issues but how they affect permitting, commercial contracts and fi nancing and vice versa. Upstream gas supply also needs to be considered along with the midstream FLNG facility and the contracts to supply the downstream markets.
Why should you attend this workshop:• To understand the totality of a FLNG project and have
the various disciplines need to work together• To understand which key decisions need to be taken
and when• To understand the viewpoint of host country and
regulatory stake holders• To understand the timeline of a FLNG project and key
cost drivers
Programme:
08.30 Registration and Coffee
09.00 Opening remarks and introductions
09.10 Project strategies • Impact of gas supply limitations • Maximising market attractiveness • Defi ning the corporate proposition
09.50 Impact of regulation and industry norms • Requirements of regulatory systems • Host government relations • Project permits • Commercial contracts
10.30 Coffee
11.00 The design/development process • Contents of project stages • Key project decisions • Key deliverables
11.40 Time, cost and fi nance • Project timeline • Contracting strategy • Project costs • Finance and investment
12.20 Closing remarks
12.30 End of workshop
About the Workshop Leader:David Haynes is a process engineer with a degree in Chemical Engineering from Bath University in the UK who has worked in the gas industry for over 30 years, with the last 20 of them in LNG. His career has spanned international development projects with British Gas/BG Group and consultancy projects with Advantica, GL Noble Denton and DNV GL. David is now the principal and director of UK based, independent consultants, Penguin Energy Consultants Ltd.
David has worked on LNG liquefaction and import projects in over 25 countries worldwide. Over the last 5 years he has performed 9 owner support, due diligence, consultancy and design projects on FLNG and a further 8 on FSRUs. David is a regular participant at conferences both as a speaker and chairman and an established LNG trainer. Current work includes a baseload liquefaction project in the US, support for fl oating LNG in west Africa, import terminal training courses in Europe and LNG importation via FSRUs in Asia.
About the Organisation:Penguin Energy Consultants Ltd is a small, UK based, energy consultancy offering advice across the gas and power industries. The company specialises in advising clients in the LNG and FLNG areas.
WORKSHOP B
Legal and commercial issues affecting the FLNG industry
Leaders: Nick Prowse, Partner, Head Of Oil And Gas Energy, Oil And Gas, Norton Rose Fulbright LLP
Richard Howley, Partner, Banking, Norton Rose Fulbright LLP
Overview of Workshop:The workshop will have an interactive format. We will cover a number of fundamental issues currently facing the FLNG industry including the lessons that can be applied from various onshore and offshore LNG and FLNG projects, relevant shipping issues and how best to structure your FLNG transaction.
Why should you attend this workshop:• Understand the critical issues facing the FLNG industry
today • Gain insights into these critical issues and work through
practical solutions
This is the perfect conclusion to the SMi conference. Having gained signifi cant knowledge about the current state of the FLNG industry during the conference, this is your opportunity to work with leading experts in terms of how to implement a successful transaction.
Programme:
1.30 Registration and Coffee
2.00 Opening remarks and introductions
2.10 An overview of the key issues facing the FLNG industry
2.50 Floating LNG developments and broader issues for the LNG shipping and LNG and gas to power projects
3.30 Coffee
4.00 FSRUs and FSUs: A case study
5.20 Closing remarks
5.30 End of workshop
About the Workshop Leaders:Nick Prowse is the Head of Norton Rose Fulbright’s global Oil & Gas practice. He acts for international and national oil companies, other major corporations, Governments and lenders. He joined
Norton Rose Fulbright over twenty-four years ago and has been involved in all aspects of the global oil and gas industry. He has advised on oil and gas developments, pipeline projects, LNG (liquefaction and regasifi cation) projects and petrochemical projects, as well as power plants and mergers & acquisitions in relation to all aspects of the energy industry. His work spans Europe, Africa, the Middle East and North and South America.
Richard Howley is a partner who is experienced in international ship fi nance, with a particular focus on fi nancing LNG carriers. He has a broad range of experience in bilateral and syndicated debt
facilities and structured fi nancings, including the project and lease fi nancing of LNG carriers and the project fi nancing of semi-submersible drilling rigs, FPSOs and other fl oating production units, and the negotiation of shipbuilding and other transport contracts, particularly in connection with shipowners tendering for LNG projects. Richard has been involved with the fi nancing of both second-hand and new-building vessels, acting for shipowners, banks and lessors worldwide. He has also acted for international banks and fi nance lessors in relation to the debt fi nancing and lease restructuring of semi-submersible drilling rigs, drillships and FPSOs. Richard is a regular speaker at international conferences, chaired the Banking and Legal session at Gastech 2009 in Abu Dhabi, one of the world’s largest energy conferences, and participated in the Students Programme at Gastech 2011 in Amsterdam.
About the Organisation:Norton Rose Fulbright is a global law fi rm, providing the world’s pre-
eminent corporations and fi nancial institutions with a full business law service. With more than 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia, Norton Rose Fulbright is recognized for its strong industry focus, across all the key industry sectors: fi nancial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.
HALF-DAY POST-CONFERENCE WORKSHOPWednesday 15th February 2017
1.30pm – 5.30pmCopthorne Tara Hotel, London, UK
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VENUE Copthorne Tara Hotel, Scarsdale Place, Kensington, London W8 5SY, UK
FLOATING LNGConference: 13th - 14th February 2017, Copthorne Tara Hotel, London, UK Workshops: 15th February 2017, London
4 WAYS TO REGISTERwww.fl oating-lng.co.uk
FAX your booking form to +44 (0) 870 9090 712PHONE on +44 (0) 870 9090 711
POST your booking form to: Events Team, SMi Group Ltd, Ground & First Floor, 1 Westminster Bridge Road London, SE1 7XW
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Commercial Organisation□ Conference & 2 Workshops £2497.00 + VAT £2996.40□ Conference & 1 Workshop A □ B □ £1898.00 + VAT £2277.60□ Conference only £1299.00 + VAT £1558.80□ 2 Workshops £1198.00 + VAT £1437.60□ 1 Workshop only A □ B □ £599.00 + VAT £718.80
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