2018 China Upstream Forum

  • Hangzhou, People's Republic of China
The upstream industry is not just returning to a new growth cycle. It is now seeking to understand how to adapt and grow in a new era of greater uncertainty for oil and gas prices, increasing cost pressure and potential disruption. The China Upstream Seminar will focus on how the industry is changing and how companies can optimise and manage this new reality. Further event details will be released in due course.

Agenda

    • 18 April 2018

      • Welcome & Registration

      • Welcome Dinner

    • 19 April 2018

      • Welcome refreshments

      • Welcome Speech

        Speakers

        • Don Bai currently serves as Senior Vice President in Wood Mackenzie LTD, a leading consulting firm focused on energy, metal and mining. Don Bai joined Wood Mackenzie in 2013 and he is responsible for upstream growth strategy, business development including key accounts and executive relationships with China State Owned Enterprises including Government entities. Previously, he served as a senior consultant for 3i in China. In 3i he was responsible leading the energy portfolio and focused on investment in energy sector including renewable. Prior to his investment consultancy, Mr. Bai served as China Chief Representative and Vice President for Halliburton (NYSE: HAL), a leading oil field service company with international operation in more than 70 countries. In that role, Mr. Bai was responsible for country growth strategy, full service offerings, P/L responsibilities, HSE and executive relationships with NOCs and IOCs in China. Mr. Bai started his career at Halliburton since 1995. With over 30 years of industrial and consulting experience, Mr. Bai has rich knowledge and in-depth understanding of management and operational responsibility, people's skills and executive relationships in key accounts. Mr. Bai holds a DBA degree from Peking University, an EMBA degree from Rutgers Business School of State University of New Jersey and a BS degree from Dalian Institute of Technology.

      • Where the oil price is heading next

        Speakers

        • Feng Fu joined Wood Mackenzie Beijing office in March 2013 and is responsible for oil demand analysis primarily focusing on China for Macro Oils and Product Markets Service. Before joining Wood Mackenzie, Feng was a postdoctoral associate in the Department of Urban Studies and Planning at MIT. His research interests and experience mainly concentrate on large-scale (e.g., national and provincial levels) energy systems modeling and analysis, particularly relating to China's energy conservation, security, and technology innovation. Feng had his PhD degree in a joint program of thermal engineering and management science from Tsinghua University, China.

      • The changing face of upstream corporate strategy & M&A

        Speakers

        • David Thompson heads the Asian upstream practice based in Tokyo. He has over 25 years of experience in the oil and gas industry, starting as a Petroleum Geologist in the 1980s, followed by 20 years working for and managing consulting organisations. His main areas of focus include upstream strategy, organisational design and performance improvement. David has spent much of his career focusing on supporting NOCs and Governments with their strategy, growth and performance. He has helped deliver solutions for projects in over 40 countries. Some of his recent projects include the restructuring of an Eastern European NOC, long term growth strategy for an Asian NOC, organisational design for a major Chinese NOC and portfolio analysis and optimisation for an internationalising Asian NOC. Prior to joining Wood Mackenzie, David worked with Arthur D Little managing their energy practice in China and working on a broad range of strategy and commercial studies. Previous to ADL, David was with IHS Energy for 15 years reaching the position of global VP for all of its international business development and sales managing a network of 8 global offices. David graduated from Keele University with a BSc Honours in Geology.

      • Morning Coffee Break

      • Global upstream opportunities

        Speakers

        • 10+ years of upstream analysis and client engagement experience across the Asia-Pacific region Global lead and author of Wood Mackenzie’s benchmark analysis of global pre-FID delays, including studies on cost deflation and project evolution, and the creation of the Global Upstream Project Tracker Participated in a wide range of consulting projects for IOCs and NOCs, including new business development, M&A, regional basin screening and gas development Joined WM’s SE Asia upstream research team in May 2008. Analysed regional field economics, strategies and industry trends, including China and the Indian Sub-Continent In Sep 2013, transferred to Perth to become the senior upstream analyst in WM’s Australasia upstream research team, with a particular focus on LNG and gas monetisation Returned to Singapore in Feb 2015 to become principal analyst of the Asia-Pacific upstream research team In April 2016, Angus became research director for upstream coverage across Asia-Pacific Prior to WM, worked in the upstream industry for five years, covering the North Sea, W.Africa and SE Asia Angus holds a BA (Hons) degree in Politics with International Relations from the University of Warwick.

      • Networking Lunch

      • The new face of portfolio optimization

        Speakers

        • Min leads Upstream Consulting in Asia Pacific, based out of Singapore. Min has over 20 years of experience, including 7 years as a senior vice president and head of China at Schlumberger Business Consulting and a decade in Boston Consulting Group and Bain & Co., working for corporates, governments and private equity clients across Asia and Middle East. Min has worked with NOCs, Majors, Independents, OFS companies and Regulators on a diverse range of topics. Her specialities include strategy and portfolio management, licensing round advisory for both governments and bidders, M&A and post merger integration/ operatorship transfer, capability development for NOCs as well as production and costs excellence. Examples of Min’s project experience including: a 4-year capability development program for a Chinese NOC, licensing round advisories for a Middle East NOC and a South East Asia NOC on auction of largest assets in country, a 4-year operational excellence program for an IOC that delivered +10% p.a. production growth and ~12% p.a. cost savings, bid-round support and operatorship transfer for multiple IOCs, a 30-year energy supply and demand forecast for a large resources company. Min holds a MBA from ESSEC (France) and a BA in Economics from Beijing International Studies University, as well as double-majored in International Law and Foreign Relationship at China Foreign Affairs University.

      • Portfolio workshop

      • Afternoon Coffee Break

      • Workshop Discussion & Sharing

      • Gala Dinner

    • 20 April 2018

      • Welcome refreshments

      • Exploration dynamics and its role in the portfolio

        Speakers

        • David Thompson heads the Asian upstream practice based in Tokyo. He has over 25 years of experience in the oil and gas industry, starting as a Petroleum Geologist in the 1980s, followed by 20 years working for and managing consulting organisations. His main areas of focus include upstream strategy, organisational design and performance improvement. David has spent much of his career focusing on supporting NOCs and Governments with their strategy, growth and performance. He has helped deliver solutions for projects in over 40 countries. Some of his recent projects include the restructuring of an Eastern European NOC, long term growth strategy for an Asian NOC, organisational design for a major Chinese NOC and portfolio analysis and optimisation for an internationalising Asian NOC. Prior to joining Wood Mackenzie, David worked with Arthur D Little managing their energy practice in China and working on a broad range of strategy and commercial studies. Previous to ADL, David was with IHS Energy for 15 years reaching the position of global VP for all of its international business development and sales managing a network of 8 global offices. David graduated from Keele University with a BSc Honours in Geology.

      • Workshop presentation

      • Morning Coffee Break

      • Workshop Discussion & Sharing

      • Networking Lunch

      • Most important fiscal changes coming in 2018

        Speakers

        • Meng is the Senior Product Manager overseeing the development and client relationships of our fiscal offerings, and she is in charge of Woodmac fiscal modelling. She is currently based in London working with a global team of Petroleum Economists covering fiscal systems in different regions. Before moving back to UK, Meng was managing Eastern Asia upstream team in Beijing office and provided fiscal expertise for research & supported consulting projects for valuation purposes. She was responsible to develop & enhance fiscal models, offer Petroleum Economics trainings and support GEM users in Asia Pacific. She joined Wood Mackenzie in 2007 following a Masters Degree in a Finance and Investment discipline at Edinburgh University. Meng is completing her studies in Chartered Financial Analysis (CFA).

      • Global and regional trends in the LNG market

        Speakers

        • Wen Wang, Consultant, China & NE Asia Primary Fuel Fundamentals. Wen joined Wood Mackenzie in 2015 as a gas market consultant. She takes a leading role in determining future gas demand market outlooks, and develops thought leadership via regular reports on key industry themes, events and long term China gas market trends. Prior to joining Wood Mackenzie, Wen worked at Environmental Defence Fund focusing on improving regulations for the oil and gas industries in China. Wen has an MESc in Environmental Science, from Yale University, and a BS in Environmental Science (Honours), from Peking University.

      • Afternoon Coffee Break

      • Networking Session

      • Dinner

    • 21 April 2018

      • Welcome refreshments

      • Product Demonstration

      • Coffee Break

      • Case Study

      • Networking Lunch

      • Corporate Benchmarking Discussion

      • Wrap up

Fees

If you are not a client please use the enquiry form at the top of this page to register your interest in attending.