The importance of major capital projects in a national context
Roy KrzywosinskiManaging Director, Chevron Australia
The APPEA Journal 55(3) - https://doi.org/10.1071/AJ14144
Published: 30 June 2015
Abstract
Over the next few years, the number of LNG production trains in Australia will triple from 7 to 211, transforming the country into one of the world’s biggest LNG exporters.
Exports of cleaner-burning natural gas will increase from 24 million tonnes in 2014 to 85 million tonnes in 2017. By 2020 the oil and gas sector will contribute $65 billion to the Australian economy, or 3.5% of gross domestic product2.
World-class gas projects such as the Chevron-led Gorgon Project have the potential to operate for half a century, delivering intergenerational benefits far outlasting their relatively short construction periods. They bring jobs revenue, economic growth and energy security.
But the current environment of high costs and reduced global competitiveness has stalled new project sanctions and expansions in Australia, holding off a second wave of LNG investment that would deliver even greater prosperity for Australia.
With the industry now entering a consolidation phase, so begins the critical task of safely and successfully delivering a reliable supply of cleaner energy to Australian and Asian customers.
Australian oil and gas companies will now broaden their focus from capital project delivery to operating and maintaining complex facilities. This includes striving for optimised safety, efficiency and reliability of production as well as ensuring we have the highest calibre capability in our operations workforces.
While Australia may soon be the world’s biggest LNG producer, as we make the mass transition into operations, we now have the opportunity to prove we’re also the best.
1APPEA and Wood Mackenzie
2APPEA (http://www.appea.com.au/oil-gas-explained/benefits/economic-benefits/)
Roy Krzywosinski is the Managing Director of Chevron Australia and Head of the Australasia Strategic Business Unit, located in Perth, Western Australia. Roy is responsible for Chevron's upstream interests and activities in Australia. This includes leading the development of the Gorgon and Wheatstone natural gas projects, participating interests in the North West Shelf Venture, oil production operation on Barrow Island, and exploration and appraisal activities offshore Western Australia and in Central Australia. Roy joined Chevron Corporation in 1981 as a design and construction engineer. He has held numerous positions in various capacities around the world including: technical and operations advisor for the Indonesia Strategic Business Unit; operations manager for Chevron Downstream Products Company in Honolulu; major capital projects manager for the Papua New Guinea Strategic Business Unit and then the broader Australasia Strategic Business Unit; major capital project manager in Angola; and General Manager – Facilities Engineering, for Chevron's Energy Technology Company in Houston. Prior to Roy's current appointment in January 2008, he held the position of President and General Manager, Chevron Project Resources Company, in Houston. In this position, Roy was responsible for Chevron's project development, providing oversight for the execution of the corporation's worldwide major capital project portfolio. Roy completed a bachelor's degree in electrical engineering from Michigan Technological University and an MBA from the University of Colorado. Roy is an active participant on a number key industry organisations, including the Business Council of Australia, and is Chair of the APPEA Safety Committee. |
