12:30 Workshop A: Performing a Formal Safety Assessment for FLNG
Floating LNG is a game changer for the industry. With Shell’s Prelude reaching the FID stage and many other projects in the region approaching it soon, interest and concern is growing on the safety of these humungous vessels. Gone are the times when the industry wondered if such a vessel could be built. Now that they are, the industry is ensuring the safety considerations in these projects are carefully assessed. Bureau Veritas, one of the leaders in the classification industry will focus on what goes behind safety assessments of these FLNG vessels.
- Key factors to be considered to ensure safety of FLNG
- Topsides Safety – What needs to be addressed?
- Offloading Mechanisms
Manager – Oil & Gas
16:30 Workshop B: Performing an Analysis of Legal Challenges, Project Development Issues and Financing Issues Impacting FLNG
While FLNG interest from various players continues to soar, a major impediment seems to come from the commercial angle. The LNG market has been going through a lot of changes. There has been lot of talk about LNG as bunker fuel too. Unconventional forms of energy continue to rule the roost in America. At the same time, LNG import is being seriously considered by many countries across Asia to meet the demand. With so much happening, investing in a FLNG project involves serious thought. Is it just for big players like Shell? Can smaller companies be associated with it?
- Project development issues and EPCIC issues associated with FLNG projects
- The role of investors in this space
- Addressing the risks associated with such projects
- Who takes ownership of these projects?
- Issues associated with project financing