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CMAA Owners Forum. William Simpson Atlanta, GA May 3, 2010. Chevron’s History— Multiple Generations and Integrations. 1 879. Pacific Coast Oil Company was founded in the San Joaquin Valley of California. 2. Chevron by the Numbers. 2.74 million BOE daily net production
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CMAA Owners Forum William Simpson Atlanta, GA May 3, 2010
Chevron’s History— Multiple Generations and Integrations 1879 Pacific Coast Oil Company was founded in the San Joaquin Valley of California. 2
Chevron by the Numbers 2.74million BOE daily net production 2.1 million BPD refining capacity 18 refineries 3popular consumer brands: Chevron, Texaco and Caltex 25,000+ service stations 3
A Leading Portfolio of Projects 40 $1B > Projects Net Chevron share Project > $1B net Chevron share 93 $200MM > Net Chevron share Projects
Project Resources Company • Globally Located Employees • Project Professionals • 35% Project Managers • 20% Business Managers • 25% Engineering Managers • 20% Construction Managers • Consultants • Procurement • Contracting • Project Controls • HES Technical • Support • 65 Upstream Projects • 15 Downstream Projects 5
The Challenge Facing Chevron and the Industry • Aging Workforce • Globalization of the Workforce • Increasing Complexity of Projects
The Challenge—Today’s Complex Megaproject Environment Jansz Field Subsea to Barrtie-backsow Island North West Shelf GorgonField AUSTRALIA LNG Exports PERTH Karratha 3 x 5mtpa LNG trains & CO2 Injection on Barrow Island Onslow Existing Domestic Pipeline Future Domestic Gas Connection to the mainland 0 N 50 Kilometers • Upstream (Gorgon and Jansz) • EV hydrocarbon resource >20TCF. • Water Depth: Gorgon ~200m; Jansz ~1350m. • Sub-sea development. • Raw gas feed (high CO2) from Gorgon via flowline 70km to BWI with continuous MEG injection for hydrate inhibition. • 2 pipeline system will facilitate the development of nearby asset base. • LNG Plant and Export • 5MTPA LNG processing trains each consisting of an acid gas removal unit (AGRU) and liquefaction train. • Common condensate stabilisationand export. • LNG and condensate loaded on to carriers via jetty. • Reduced greenhouse gas emissions by reinjecting reservoir CO2 into saline aquifer beneath BWI. Get more facts and figures at www.Gorgon.com.au
Skills Building Technique—Pathways Program (years 6-20) Employee creates Skills Assessment Profile Employee updates Skills Profile and Development Plan as activities are completed Employee and Supervisor discuss Profile and gaps • Employee executes Development Plan • Courses • Work Experience • Job Assignments Employee and Supervisor Identify Activities to close gaps Employee creates Professional Development Plan
Chevron’s Corporate Strategic Initiatives “Four Plus One” CSOC = Capital Stewardship Organizational Capability
Our Project Process is CPDEP—Decision Driven, Decision Quality Focused
PRC Craft Productivity InitiativeProductivity Benchmarks Typical Craft Breakdown I Typical Craft Breakdown II PRODUCTIVITY IMPROVEMENTS ON ALBERTA MAJOR CONSTRUCTION PROJECTS: PHASE I– BACK TO BASICS Bob McTague and George Jergeas Based on Hewage and Ruwanpua (2006) and Choy and Ruwanpura (2006) work