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20th May 2020 SPE Asia Pacific Live Webcast: Get the Best out of Assets in a Challenging and Dynamic Landscape
May 20, 2020 @ 2:30 pm - 3:45 pm
SPE WA are proud to present the details of 20 May 2020 SPE Asia Pacific Live Webcast.
Get the Best out of Assets in a Challenging and Dynamic Landscape
About the Presentation
Unavoidable uncertainties and volatility in the industry have resulted in significant continuous transformation in many oil and gas companies towards maximising the lifecycle value of the hydrocarbon assets. The need to take a proactive action in enhancing the business workflows is compounding to improve efficiencies by simplifying processes, deploying innovative collaboration models, undertaking efforts to drive down the cost as we become more cash conscious, resetting mindset towards value and objective driven as well as rethinking the commercial and contractual strategies in developing and managing the hydrocarbon assets.
This webcast is setting the scene for a series of talks and will touch upon some standards and process improvement at industry level (with show cases from Malaysia) and its key principles and value impacts, focusing mainly on Integrated Asset Development & Management (IADM) throughout field/asset lifecycle from exploration stage down to decommissioning and abandonment stage with focus on Field Development Projects.
In addition, it will also share examples of innovative solutions in resources management towards successful development plan formulation and asset management, that serve as a platform for putting together various elements of ideas and concepts, best practices and lessons learnt, techno-commercial and data-driven initiatives, alternative industry standard approaches and enabling technologies for IADM.
Join the webcast that will take place on Wednesday, 20 May 2020 at 14:30 – 15:45 (Perth Time).
- Gain understanding of key principals and foundations in maximising value creation from hydrocarbon assets.
- Discover multi-dimensional complexities to produce the most economic hydrocarbon barrels.
- Identify the key success factors and performance indicators in field development planning and implementation.
- Discuss the impact of industry volatilities and field’s uncertainties in expected value creation from the asset.
- Features showcases with efficient workflows/processes together with best practices.
About the Speaker – Dr. Rahim Masoudi
Chief Technical Officer
Group Technical Authority & Custodian – Reservoir Engineering
Resource Development & Management
Malaysian Petroleum Management (MPM)
Dr. Rahim graduated from Heriot-Watt University/UK with more than 22 years industrial and research experiences in the Middle East, North Sea and Malaysia/SE Asia. He is currently the Chief Technical Officer (CTO) and Group Technical Authority (GTA) & Custodian- Petroleum/Reservoir Engineering in Field Development and Asset Management & Operation in PETRONAS.
He was awarded the 2017 and 2012 Exemplary Line Trainer of the Year by PETRONAS PE Skill Group 10, published one book and more than 140 international journal, conference papers and 3 patents, and supervised more than 30 MSc and PhD students in Petroleum/Reservoir Engineering in various areas and carried out more than 50 reservoir studies and FDP Formulation.
About the Moderator – Mohamad Kamal Hamdan
Senior Reservoir Engineer
Vice-Chairman, SPE Asia Pacific Regional
Technical Advisory Committee