Fit4$50: Affordable Operations with a Low Oil Price 3 Oct 2016

Date: 3 November
Venue: Pamelia Hilton, Perth
Time: 12:30 pm - 5:00 pm
Event Category: Seminar

Having been exposed to the shocks from plummeting prices from the 2014 peak, the oil and gas industry is being challenged to make decisions about how to manage operations in the lower price environment.

Capital and operational expenditure are squeezing profits and all companies are feeling the effects of this extended downturn.

Innovation in operations, process, client and customer relations and support is required to reduce business risk while maintaining quality, safety and returns.

With prices appearing as though they will be holding lower for longer, our challenge is to be “Fit4$50”.

Join us to discuss how industry is responding.

Guest Speakers / Panel Q&A

This technical forum will begin with perspectives from our guest speakers who are leaders in different fields of the oil and gas industry. The speakers will discuss the impact on oilfield operations in the near term and how we can each respond.

Debate Speakers / Panel Q&A
A vibrant debate on the proposition that “You’ve got to spend money to make money” will be presented by industry experts with audience polling interaction.

Helen Riordan: Intecsea – Regional Director
Susan Beattie: Shell - Prelude Maintenance Manager
Stephen Harris: Pressure Dynamics – CEO
Nick Wells: Atkins – Operations Director

The Affirmative
Phillip Huizenga: Carnarvon Petroleum - Chief Operating Officer
James Westcott: Engineers Australia WA - Deputy President
Dan Hayes: Atteris - Engineering Manager

The Negative
Danny Ma: Sapura Kencana - Business Development/Project Manager
Stuart Higgins: Curtin University - A/Prof. Petroleum Engineering
Anthony Faulkner: WoodGroup PSN - Contract Manager


Helen Riordan: Intecsea – Regional Director, Offshore Select Asia Pacific
Helen is the Regional Director for INTECSEA’S Front-End Offshore Select Group in the Asia Pacific. She has over 23 years’ oil and gas experience in development planning, FEED and detailed design for greenfield and brownfield offshore projects and operations. Helen started her career in LNG design with MW Kellogg, before transferring to Operations with Statoil for the start-up and early production of the ‘Troll’ Kolsnes Gas Plant. Since moving to Australia in 2001, Helen has worked for various consultancies in Perth, supporting clients in Front End Studies and project management. She has a Bachelor of Science in Process Technology and Management from South Bank University in London.

Presentation: With capital expenditure a key focus point in the current low oil price environment, deploying this capital so as to maximise its value and minimise any risk is paramount. Making incorrect decisions during the early phases of engineering has ramifications for the overall cost and risk profile of a project. Ensuring that sufficient time and effort is spent in the feasibility and concept selection phases of engineering ensures that project risk is minimised and the deployment of capital is optimised. A key risk in the development of any asset is the management of interfaces between reservoir, flow assurance and facilities design. Developing an integrated model which ties together the entire capital investment from reservoir to market allows for reservoir risk to be better understood and ensures that optimum solutions can be identified when making overall decisions.

Susan Beattie: Shell – Prelude Maintenance Manager
Sue is currently the Maintenance manager for the Prelude project, Shell’s first FLNG facility. She moved to Perth in 2014 in the role of Maintenance and Integrity Manger for the Browse FLNG project. In this role she was part of the operations readiness integrated delivery team for Browse which was a combination of Shell and Woodside personnel. Sue has worked for Shell for 20 years initially in facilities and design engineering roles and more recently operations and maintenance management. Sue joined Shell in 1996 after studying engineering at the University of Melbourne and a brief stint at an engineering design firm. She has been fortunate enough to work internationally for Shell within different business units in chemicals, refining and upstream operations.

Presentation: Susan will provide an overview of the development of the FLNG concept, discuss the safety in design, the technology and innovation and some of the challenges faced. It will also give an update of the current status of the project across the different work areas.

Stephen Harris: Pressure Dynamics – Chief Executive Officer
Stephen has more than 15 years broad leadership experience in Australia and across Asia Pacific, Europe, and the Northern Americas. Stephen has extensive experience in Project Delivery, Power generation and utilities, Energy (renewable energy, oil and gas, power generation), Chemical & process industries (petrochemicals, organic chemicals, inorganic chemicals) and Manufacturing.

Presentation: Stephen will provide an insight into how Oil & Gas focused service companies can remain competitive in the current low oil price environment. Constantly escalating pressure to reduce cost and increase productivity requires innovation in operational activities and a balanced approach to risk management. Maintaining quality and safety whilst remaining financially sustainable is an ongoing challenge faced by all contractors and subcontractors in today’s market.

Nick Wells: Atkins – Operations Director, Energy (Asia Pacific)
Nick is a regional Operations Director for Atkins with responsibility for the Energy sector in Asia Pacific. Based in Perth, Australia since 2012 (previously UK & Europe and India) he has been with Atkins since 2000 working across a wide variety of Industries including Aerospace, Communications, FMCG, Transportation and Water & Environment. A Chartered Engineer with the Institution of Engineering & Technology Nick is now primarily focused on business management.