BP’s evolution in the face of Australia’s transforming fuel supply chain: ensuring business sustainability as well as security of supply for the nation’s demands
Daniel Tyzack A and Luke Sullivan B CA UGL Pty Limited, Level 17/717 Bourke St, Docklands, Vic. 3008, Australia.
B UGL Pty Limited, Level 6, 1 Southbank Boulevard, Southbank, Vic. 3006, Australia.
C Corresponding author. Email: luke.sullivan@ugllimited.com
The APPEA Journal 58(2) 637-639 https://doi.org/10.1071/AJ17203
Accepted: 15 March 2018 Published: 28 May 2018
Abstract
BP has embraced the changing landscape of the fuel supply chain in Australia. Historically, fuel supply in Australia has been manufactured and supplied nationally. However, Australia’s future fuel supply will rely on a globalised supply chain in order to meet local needs. In response, BP has (among other initiatives) transformed its operations and maintenance approach to terminals and fuel distribution within Australia to guarantee a sustainable business model, offsetting the trend of high asset ownership costs and low efficiency.
When it comes to terminal management, BP’s creation of Australian Terminals Operation Management (ATOM), a joint venture between BP and UGL, differentiates BP from its peers. This model has proven fundamental to maintaining a competitive position in the Australian fuel industry. BP’s unique approach to meeting customer demands through the ATOM business is a success story that comes from pre-empting and embracing change.
Keywords: asset ownership, asset utilisation, bulk liquids, commercial model, contractor, defence, fuel, innovation, maintenance, operations, refining, retail outlet, service station, stockholding, terminal, transport.
Daniel Tyzack is the Vice President of Midstream for BP Australia and New Zealand with accountability for the end to end Hydrocarbon Value Chain from crude and product imports, B2B sales and terminal assets and a member of the BP Australia Board. Daniel has held several business operational, sales and strategic roles across Asia Pacific and Europe, and holds a Bachelor of Business Information Systems from Monash University, Melbourne. |
Luke Sullivan is Executive General Manager at UGL with accountability for the Asset Services division, providing Operations and Maintenance Services across multiple industry sectors. He received his Bachelor of Engineering (Chemical)/Arts from Monash University in Melbourne (1999). Luke has experience in managing assets globally with contractor entities, as well as working directly for asset owners, including Orica and ExxonMobil. |
References
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Duddu, P. (2013). Hydrocarbon technology. Top 10 large oil refineries. Available at: http://www.hydrocarbons-technology.com/features/feature-top-ten-largest-oil-refineries-world/ (accessed 29 September 2013).
