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15th Asia Pacific Offshore oil and Gas Convention

15th Asia Pacific Offshore oil and Gas Convention

Date : 15 - 16 Jan 2018
Location : Kuala Lumpur, Malaysia
Category : Oil & Gas

Aiming to focus on the dynamic offshore E&P activities and opportunities

In Asia Pacific,the 15th Offshore oil and Gas will bring 800+ experts and decision makers together from around the world to highlight the latest advancements and technologies related the deepwater projects,drilling technologies and floating production market.Kindly join the event which is highly recognized for its unique networking opportunities, eminent speakers and an expanded program which offers topics covering the whole chain and highlights the cooperation opportunities.

For those of us in the Offshore O&G sector, as we prepare to leave 2017 behind us we can look back on a year of balancing, a year of ups & downs and perhaps the beginning of a wider market recovery from arguably the most severe downturn in the history of the industry.

Whilst 2017 oil prices have been largely contained to a $45-$60 window, this apparent stability betrays a highly dynamic and changing industry. The US shale industry kicked off the year with a renewed vigour with domestic crude inventories & output hitting high points in March and July respectively, driving WTI down to $43/bbl in June.

As we moved into the third quarter of the year, OPEC-led production cuts began to be felt more prominently as US producers rushed to fill the supply void, pushing US crude exports to unprecedented levels and resulting in commercial inventories falling by 14% between March & September. This improving supply/demand balance allowed a surge in oil prices to $59/bbl by the end of September, and with OPEC now discussing a proposal to extend and potentially deepen current production cuts, this positive price momentum could extend into early 2018.

Improving fundamentals are expected to snap a two-year drop in global offshore E&P expenditure with the $417bn expected for 2017, representing a 3% increase over 2016 levels. South-East Asia, having been one of the hardest hit regions by the downturn, looks to be at the forefront of offshore recovery with the contracted MODU count now 50% higher compared to its nadir in November 2016. Notable recent project sanctioning offshore Malaysia, Indonesia and Vietnam, coupled with continued exploration in Myanmar and Timor Leste suggest this uptick in SEA offshore activity is set to continue.

Whilst there are still numerous challenges to be faced, we enter 2018 with a cautious optimism. The 15th Offshore Asia-Pacific Conference will undoubtedly be an excellent venue to discuss the future of our industry and I certainly look forward to hearing your views over the course of the event.

HIGHLIGHT

NEW 1 Deepwater E&P Activities Focus
NEW 2 New Projects Information Tender Management
NEW 3 Souring & Procurement
NEW 4 Security & HSE
NEW 5 Ship & Marine Engineering
NEW 6 FPSO & FLNG Project Opportunities
NEW 7 Cross-Border Cooperation Investment and M&A
NEW 8 IT and Digitalization Infrastructure
NEW 9 Financing Strategies


Day 1 Jan. 15th

Main Conference

AM:Policies & Megatrends + Opportunities & Challenges - Global Offshore Oil and Gas Industry Development - Local focus with a Global Vision

PM:Offshore Oil and Gas Industry Development in Southeast Asia Typical Offshore Projects Showcase in Malaysia, Indonesia and Thailand Future's Deepwater Projects

EVENING: VIP Gala Dinner and Awards Ceremony


Day 2 Jan. 16th

Streams

Sub-Stream 1:Subsea Technology & DrillingSub-Stream 2:FPSO/FLNG The Industry Development and Strategic ManagementSub-Sream 3:

AM: Digitalization +IoT Tech & Smart Yard
PM: Offshore Investment &Finance Strategy

The Sourcing & Procurement + Offshore Projects Financing Sessions throughout the Day


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Kuala Lumpur
Federal Territory of Kuala Lumpur Malaysia
Kuala Lumpur, Malaysia



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