Description

• Integrated, multidisciplinary process
• Stage-gated decision framework
• Structured approach to managing uncertainty
• Bridge between subsurface understanding and capital commitment

Designed for you, if you are...

• A reservoir engineer, geoscientist or petrophysicist
• A well or drilling engineer
• A facilities or process engineer
• An offshore project or development engineer
• An asset team leader or technical manager
• A commercial or economic analyst
• A professional transitioning into development roles
• A regulatory professional reviewing FDP submissions

How we build your confidence

• Structured modules: core concepts delivered in progressive sessions over multiple days
• Interactive learning: instructor-led presentations supported by discussion and Q&A
• Applied case work: realistic examples integrated into sessions to reinforce practical application
• Integrated perspective: focus on linking technical analysis, performance data, and decision criteria such as value and cost-benefit

The benefits from attending

• Structure offshore development decisions under subsurface and execution uncertainty
• Translate subsurface data into decision-relevant inputs
• Evaluate development concepts for robustness rather than single-case optimisation
• Integrate wells, facilities, economics, and risk into coherent development strategies
• Understand sanction-readiness criteria and freeze philosophy
• Distinguish operational optimisation from development-level re-decision
• Contribute effectively to the preparation and governance of an offshore FDP

Topics

• Offshore value creation and capital irreversibility
  - Role of FDP from appraisal to abandonment
  - Stage-gated development logic
  - Capital commitment timing and irreversibility
  - Resource maturation and PRMS context
  - Where value is created and lost in offshore projects
• Economics as decision logic
  - Cash-forward vs. full-cycle evaluation
  - CAPEX timing and first oil sensitivity
  - NPV and IRR limitations in early development
  - Scenario-based evaluation (P10/P50/P90)
  - Robustness, downside exposure, and flexibility

• Subsurface framework for offshore FDP
  - Data acquisition strategy
  - Uncertainty ranges and confidence levels
• Translating uncertainty into development decisions
  - Risk vs. uncertainty
  - Deliverability vs. volumetric uncertainty
  - Fluid behaviour and facilities implications
  - Data maturity vs. capital commitment
  - Decision readiness and development basis evaluation

• Offshore development architectures
  - Fixed platforms, floating systems, subsea tie-backs
  - Wet vs. dry tree configurations
  - FPSO considerations
  - Offshore drilling unit selection (jack-up, semi-submersible, drillship)
  - Water depth, logistics, and operability constraints
• Reservoir management and well strategy
  - Recovery mechanisms (primary, waterflood, gas injection, WAG)
  - EOR screening logic
  - Well count, placement, and spacing
  - Drilling sequence and phasing
  - Completion strategy and artificial lift
  - Intervention and surveillance planning

• Offshore facilities design under uncertainty
  - Processing capacity and plateau assumptions
  - Gas and water handling uncertainty
  - Export systems
  - HSE, logistics, and marine operations considerations
  - Digital monitoring and system integration
• From concept selection to sanction
  - Development basis definition
  - Basis of Design and Statement of Requirements
  - Freeze philosophy and scope discipline
  - Contracting strategies
  - Management of Change principles
  - Sanction-readiness criteria and governance

• Integrated FDP preparation and governance
  - FDP document structure and content
  - Integration across subsurface, wells, facilities, and commercial elements
  - Regulatory submission logic
  - Stakeholder alignment and decision ownership
  - Governance and review cadence
• From execute to operate
  - Transition from stage-gated decisions to continuous field management
  - Reservoir surveillance and performance monitoring
  - Infill drilling and intervention strategy
  - Debottlenecking and system constraints
  - Escalation criteria for development-level review
• Mature field redevelopment
  - Decline diagnosis and production history analysis
  - Waterflood optimisation and conformance management
  - EOR screening and piloting
  - Late-life facility constraints
  - Economic and risk considerations for redevelopment