Plenary Sessions

Wednesday, 26 March, 0900-1030

Executive Plenary Session 1: The Easy Oil is Over: How NOCs are Reshaping to Stay Fit in the New Normal

Plenary Hall

Michael Rodgers

Dato’ Wee
Yiaw Hin

Helge Hove Haldorsen

Sudhir Shri Vasudeva

Tevin Vongvanich

As Asia’s energy demands will continue to challenge global supply markets, the best solutions will come from within the region. Whether via NOCs exploiting mature basins through EOR or IOCs opening fresh plays with exploration and new technologies, the issues facing Asian countries will require increased investment, technical capacity, and flexibility of supply. Where will investment dollars come from? Who is best positioned to exploit and implement EOR/unconventional technologies? What supply challenges are on the horizon?

 

Introductory Presentation: Asia Energy Outlook to 2040

  • Michael Rodgers, Vice President, Asia Pacific, HIS PFC Energy

 

Moderators:

  • Dato’ Wee Yiaw Hin, Executive Vice President, Exploration & Production Business, PETRONAS
  • Helge Hove Haldorsen, Vice President, Strategy & Portfolio, Statoil North America and Country Manager Mexico, Statoil

 

Speakers:

  • Sudhir Shri Vasudeva, Chairman & Managing Director, ONGC
  • Karen Agustiawan, President Director, Pertamina (invited)
  • Emilio Lozoya Austin, Chief Executive Officer, PEMEX
  • Tevin Vongvanich, President & CEO, PTT Exploration and Production Plc.

Wednesday, 26 March, 1100-1230

Executive Plenary Session 2: Game Changing Technologies in Offshore Exploration & Production

Plenary Hall

Nicholas Gee

David Lesar

Ryan Lance

Tan Sri Dato’ Seri Shahril Shamsuddin

Maarten Wetselaar

 

Thierry Pilenko

 

In 1980, 20% of global oil and gas production came from offshore fields. The majority of these fields were in water depths less than 125 metres.  By 2030 the picture will have developed further with 40% of global production from offshore and 7.5% from water depths greater than 1500 metres. In summary; there will be more oil and gas production, more of it from offshore and increasingly from deeper water.

Offshore production has become more important over time and will continue to do so. Its importance is driven by global demand for hydrocarbons, and its availability is made possible by innovation and successful technology development and implementation. The challenges of new offshore E&P domains will continue to drive the need for innovation and technology in our industry.

Innovation has taken place on a broad front. Subsea construction, wellheads and christmas trees, the ability to drill reliably and safely in the offshore environment, completion systems that enable reservoir management in low intervention wells, efficient, effective offshore and subsea production systems and facilities as well as seismic capability developed specifically for the types of reservoir found in deepwater environments have all contributed to our offshore E&P capability.

The technology developed has not only made offshore exploration and production possible by overcoming the very real technical and physical challenges, but also by doing so at a realistic cost. The real challenge for our industry is getting offshore production at a cost that is affordable – driving returns for shareholders and a hydrocarbon cost that meets the needs of the world economy.

The need to deliver large and complex offshore exploration and production projects on time and on budget is clear, as is the challenge our industry faces in doing so. Innovation may not be limited to technology, but also to the project delivery methods that we must undertake.

The subject of this plenary session is broad, and will provide fascinating insight to the varied aspects of our industry in the offshore domain. We can look forward to informative views and lively debate among the panelists.

 

Moderator:

  • Nicholas Gee, Senior Vice President, Strategy and Development, Weatherford

 

Speakers:

  • David Lesar, CEO, Halliburton
  • Ryan Lance, Chairman, ConocoPhillips
  • Tan Sri Dato’ Seri Shahril Shamsuddin, President and Group CEO, SapuraKencana Petroleum
  • Maarten Wetselaar, Executive Vice President, Integrated Gas, Royal Dutch Shell
  • Thierry Pilenko, Chairman and CEO, Technip