Middle East Offshore
Support Journal Conference Dubai, 7-8 May 2018

Middle East Offshore<br /> Support Journal Conference

Programme

Anticipating change and market recovery

DAY 1: MONDAY 7 MAY 2018

08:00 Registration, coffee and networking
    
09.00 Chairman’s welcome address
Edwin Lampert, Head of Content, Riviera Maritime Media

09.05 Platinum sponsor welcome address 
Captain Khamis Ghumail, Director – Maritime Traffic Management, Dubai Maritime City Authority (DMCA)

SESSION 1: MARKET DRIVERS AND OUTLOOK 

09.15 Keynote: Adapting to new market conditions
René Kofod-Olsen, Chief Executive Officer, Topaz Energy and Marine

09.35 What is the supply / demand outlook for OSVs in 2018-2020?    

  • Mergers (ADMA and ZADCO) and their implications for the OSV sector
  • The impact of political isolation of Qatar and the sanctions in Iran
  • Developments in Saudi Arabia, including how in-Kingdom Total Value Add (IKTVA) will affect E&P expenditure, costs and opportunities from ARAMCO
  • The oversupply situation, vessel stacking and cheaper options    

Thom Payne, Director, Westwood Global Energy Group

09.55 The view from the top: anticipating change and market recovery

  • The availability of financing within and outside the Middle East region
  • Why vessel efficiency and high-spec vessels will be needed as the market recovers 
  • Perspectives on big data and disruptive technology
  • Dealing with terminations and renegotiations of contracts
  • How to ensure that you have the right people when the market recovers

Panellists include:
Craig Melville, Senior Director, Commercial, McDermott International
Florent Kirchhoff, General Manager, Swire Pacific Offshore
Fadi Diab, Area Manager, Tidewater Marine International

10.25 Q&A

10.45 Networking coffee break in the exhibition area sponsored by Vanuatu Maritime Services

SESSION 2: NEW PROJECTS AND OPPORTUNITIES

11.25 ADNOC Offshore’s objectives towards the year 2030 

  • Oil and gas production targets for the next five years
  • How to meet the 3.5million barrel requirement
  • What offshore fields are being developed?
  • What are the OSV requirements in the next five years?
  • How contradictions will be handled with regard to making new investments vs production cuts imposed by OPEC

Hussam F Suyyagh, Marine Specialist, Marine Support, ADNOC Offshore

11.45 OSV requirements on EPCI projects

  • The role of contractors enabling projects in a low-cost environment
  • Active and upcoming project for SURF, pipeline, construction/installation 
  • Experiences and expectations with working with NOCs and charterers within Middle East

Craig Melville, Senior Director, Commercial, McDermott International

12.05 Q&A

12.20 Networking lunch in the exhibition area

SESSION 3:  ALTERNATIVE USES OF OSVs

13.40 Panel Discussion: Business opportunities for OSVs around the world

  • Renewable energy and tonnage needed by windfarm developers 
  • Offshore decommissioning
  • Pipeline works
  • Ship recycling and scrapping

Dr Wei Huang, Director, Global Offshore, ABS
Faidon Panagiotopoulos, Trader, Global Marketing Systems, DMCC
Fazel Fazelbhoy, CEO, Synergy Offshore

SESSION 4: STACKING AND REACTIVATION OF VESSELS

14.20 What are the economics of bringing a stacked vessel back into the market? 

  • What is the impact of stacking on vessels?
  • Methodology of coming out of lay-up
  • The cost of reactivating vessels (class, maintenance, DP systems, etc.)
  • The resources needed after vessels are reactivated

Sunil Chaudhary, Founder Director, CS Offshore

14.40 How to ensure you have crew and expertise to sustain a resurgence of activity

  • How to ensure competence during and after a downturn
  • How can the industry keep mariners ready for the next uptake in demand?
  • Will the supply of vessels and staff be enough when activity picks up?
  • Quality and motivation of mariners, post wage cuts

Capt Anwar Buftain, Team Leader Fleet Personnel, Kuwait Oil Tanker Company
Shubpreet Singh, Head Business Development, OSM Maritime Group

15.20 Q&A

15.30 Networking coffee break in the exhibition area sponsored by Vanuatu Maritime Services

SESSION 5: APPROACHES TO NEW ISSUES IN MIDDLE EAST

16.10 Panel Discussion: Excess capacity in the next few years and its impact on slowing new OSV orders

  • How GCC shipyards facing new orders dry up are struggling to load their facilities with shiprepair and conversion
  • The impact of lower-cost tonnage from Chinese yards
  • Co-operation and collaboration in the shipbuilding sector
  • How to renew ageing fleet of OSVs in the Middle East region

Willem Moelker, Sales and Marketing Director, Albwardy Damen
Darren Reeves, Operations Director - Dubai, Marine Assets Corporation

16.40 The shifting standards of doing business in the Middle East and how to effectively deal with them

  • How can local players work with international owners?
  • Approaches on winning tenders, negotiating and implementing contracts
  • Best practices, expectations and key learnings on the Middle Eastern market

Darryn Debruyn, General Manager Fleet Operations - Middle East, MMA Offshore

17.00 Q&A

17.10 Closing remarks from the session chair

17.25 End of Day 1

DAY TWO: TUESDAY 8 MAY 2018

08:30 Coffee and networking

09.00 Introduction from the Chairman  

SESSION 6: THE LEVEL OF VESSEL EFFICIENCY THE MARKET WILL REQUIRE 

9.05 Introduction from the session chair

09.10 Technologies to improve operating efficiencies and performance   

  • Areas of improvement in vessel operation efficiency 
  • Technologies that will enable operations to be completed quickly without compromising safety
  • Illustrating cost reductions and other long-term benefits

09.30 Innovative solutions to improve performance  

  • Maximizing operational efficiencies and reducing environmental impact
  • Repurposing high quality offshore supply vessels into eco-friendly assets
  • Leading standardization and leveraging digital technology

Dr Wei Huang, Director, Global Offshore, ABS

09.50 How hybridisation and vessel autonomy cut operating cost and raise efficiency

  • An update on hybrid and smart vessel operations
  • Developments in battery technology
  • Lessons learned from live projects

Arnstein Eknes, Segment Director, Offshore Service Vessels, DNV GL

10.10 Q&A

10.30 Networking coffee break in the exhibition area sponsored by Vanuatu Maritime Services

SESSION 7: OFFSHORE ACCESS AND ASSOCIATED RISKS

11.10 The Indian offshore market: present and future

  • An update on E&P projects and spending 
  • The identification of vessel requirements for ongoing developments
  • What is the forecast for charter rates?
  • Analysing risks and rewards in this market

11.30 Iran's offshore oil and gas project: an update

  • When will projects be mobilised?
  • Gaining access to opportunities in this market
  • Understanding how to meet local content requirements
  • Understanding contractual terms, challenges and complexities

Alessandro Tricoli, Partner, Fichte & Co

11.50 Trends and requirements for vessels supporting subsea operations

  • Cablelay vessels and equipment particular to the Middle East
  • Shallow-water DP operations with relevance to cable and subsea construction
  • Inspection repair and maintenance vessels and equipment requirements for pipelines and cables

12.10 Q&A

12.30 Networking lunch in the exhibition area sponsored by ABS

SESSION 8: FINANCIAL STRATEGY AND RISK MANAGEMENT

13.40 Panel discussion: Managing liquidity and cash-flow constraints

  • Dealing with low prices and onerous contract conditions
  • Handling project mobilisation/completion in an era of ‘lower for longer’ oil prices
  • Which business models worked during the downturn
  • Dealing with the lack of ship finance in the Middle East region
  • New tax regulations and its implications
  • Implication of adding GST on petrol prices

Bora Bariman, Head – Energy and Marine, Corporate and Institutional Banking, National Bank of Fujairah PJSC
Sanaz Taransari, Commercial Manager, Seaport International Shipping Company

Andrew Baird, Partner, Watson Farley & Williams (Middle East)

14.20 Perspectives on refinancing

  • Lessons learned on restructurings
  • Is an IPO an option?
  • The role of banks in the future offshore market 

Knut Mathiassen, Managing Partner, NorthCape DMCC

14.40 Q&A

15.00 Closing keynote: What positive signs are evident in the ME oil and gas markets by OSV owners and operators?
Marcus Machin, Director, Tufton Oceanic (Middle East)

15.20 Closing remarks from the session chair 

15.30 End of conference
 
*Programme subject to amendments/change
 

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