CATEGORIZED | OTC

Breakfasts cover topics ranging from ocean renewable energy to business ethics

Posted on 26 April 2010

OTC attendees have numerous options for breakfast programs this year, ranging from topical breakfasts, industry breakfasts, and a breakfast covering business ethics in the oil and gas industry. The breakfasts will be held every day during the conference.

Monday, May 3:

OTC’s first topical breakfast will cover The Shape of the Industry to Come: Changing Roles and Responsibilities. Chris Ross, Vice President of CRA International, will discuss major trends affecting the oil and gas industry during the “phase change” now underway in global energy supplies. Mr Ross will describe the vital role the industry will continue to play and the natural fields of play for IOCs, NOCs, internationalizing NOCs, and independents. He says there will be many opportunities for value growth, although with greater risk than in the past, and will suggest ways to capture this growth, sustain profitability and manage risk.

Monday morning also will feature an Ethics Breakfast, during which Chip Gill, President of the International Association of Geophysical Contractors (IAGC), and Amos Holt, President of the American Society of Mechanical Engineers (ASME) will discuss Business Ethics, Personal Honor and Professional Conduct in International Offshore Operations. The speakers will provide examples and objectives to consider when dealing with ethics, especially with regards to professional standards of conduct in the international E&P industry.

Tuesday, May 4:

On Tuesday, OTC will hold its first Industry Breakfast, which is organized by OTC and the U.S. Department of Commerce. The Industry Breakfasts will offer views on doing business in emerging areas of interest of the offshore oil and gas industry. The first breakfast Tuesday, May 4, will focus on Colombia’s oil and gas policy and opportunities for trade and investment in its oil and gas Sector.

Three Topical Breakfasts will be held concurrently Tuesday. One, UAE Oil and Gas Opportunities, will feature four speakers, including the Honorable Richard G. Olson, U.S. Ambassador to UAE; Ali K. Al Shamsi, Offshore Division Manager, Abu Dhabi National Oil Company (ADNOC); and Abduljabbar Al Sayegh, Board Member, Abu Dhabi Chamber of Commerce & Industry, Chairman of Al Sayegh Brothers, and Chairman of ALSA Engineering. This breakfast will allow attendees an unprecedented opportunity to hear directly from and interact with senior executives from ADNOC, the government-owned oil company. Mr Olson will provide an overview of the U.S.-UAE relationship and how it impacts U.S. businesses in the UAE. Mr Al Shamsi will discuss the company’s future trends in oil and gas E&P, processing, refining, storage and transportation. He also will discuss how U.S. companies can prequalify their services and products with the ADNOC group. Mr Al Sayegh will discuss various market entry methods and requirements on starting a business in the UAE.

In another Tuesday breakfast, Sue Kemp, executive Director, COET, Florida Atlantic University, will discuss the challenges and opportunities of the burgeoning Ocean Renewable Energy industry.

A third breakfast on Tuesday will feature Matthias Bichsel, Director of Projects & Technology for Royal Dutch/Shell, who will address Challenged Hydrocarbons: The New Frontier. He will discuss the global energy challenge that requires delivery of more and cleaner energy from all sources, and will address the global opportunities and difficulties in unlocking and delivering the energy, in particular how Shell is using technology to further this energy segment.

Wednesday, May 5:

The second Industry Breakfast organized by the U.S. Department of Commerce and OTC focuses on oil and gas policy and opportunities in Egypt.

The single Topical Breakfast Wednesday features a panel presentation addressing Sustaining Innovation During Volatile Times, moderated by Robert Peterson, Vice President of CRA International. Among the topics, the panelists will discuss the effectiveness of technology spending with pressure to improve cash flows and focusing on their core business. Among the questions to be addressed is, how can companies continue to innovate, create options for future growth and better leverage external R&D sources to create value? The panelists will discuss examples from their own experiences. Panelists will include Mr Peterson; Mike Bahorich, Executive Vice President, Apache Corp.; Stephen R. Brand, Senior Vice President, ConocoPhillips; Jackie Mutschuler, Technology Vice President, Research E&P, BP America; and Patrick Pouyanne, Senior Vice President, Strategy, Technology E&P, Total.

Thursday, May 6:

An Industry Breakfast scheduled for Thursday will focus on oil and gas policy, investment and trade opportunities offshore New Zealand and Western Australia.

Two Topical Breakfasts will be offered concurrently. One features Marco Bressan, Project Manager for Eni, who will discuss the Longhorn field and the Corral platform. Eni began producing from the Longhorn gas field in October 2009, three years after discovery and less than two years after project sanction. The field lies in Mississippi Canyon Blocks 502 and 546 in about 2,500 ft of water 60 miles offshore Louisiana. It consists of a 20 mile subsea tieback through a dismissed military dump site area to the Corral platform, previously known as the Crystal platform. The facility has been upgraded with newly fabricated 250 MMcfd processing and compressing modules.

During the second breakfast, Xizhao Jiang, CEO of China Offshore Oil Engineering Company Ltd (COOEC), will address Development Strategy and Opportunities of China Offshore Construction Business Under Global Financial Crisis. Mr Jiang will discuss China’s philosophy and strategy for fast development of the offshore oil and gas industry, including business opportunities and how to cooperate well with Chinese companies.

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