Page 1: Introduction
Today most people, probably yourself included, have come to expect energy at the touch of a button or the flick of a switch. Until recently, energy sources have been plentiful. The current global environment is truly complex and presents significant challenges for the oil and gas sector. Industry experts say that the era of easy oil is over. In the past, resources were relatively easy to extract, but now new reserves are more difficult to exploit. Currently, oil and gas is extracted in deep water or more remote places, often under extreme environmental conditions. Today, technology and innovation are more critical than ever to overcome new industry challenges in order to make energy available to everyone.
GE Oil & Gas is one of the key players in the energy market. It delivers innovative equipment and services that enables its customers, oil and gas companies, to access and to make more efficient and sustainable use of the world’s energy resources. Its technology is involved from extraction to transportation to end use of oil and gas. GE Oil & Gas operates in over 100 countries around the world. It employs 43,000 people and had sales revenue of over $15 billion in 2012. GE has an unrelenting commitment to integrity, the environment, health and safety, and quality. This commitment is described in GE as ‘The Way We Work’.
One of the main GE Oil & Gas businesses is Subsea Systems. GE Oil & Gas’ Subsea Systems is headquartered in Aberdeen, UK and employs 2,800 people at eight sites across the country where its oil and gas operations are constantly expanding. For instance, in 2012 a new subsea centre in Bristol was opened creating 200 new jobs. This expansion is in direct response to the growth of the subsea business, a trend that is expected to continue in the coming years.
The Gorgon Project
GE Oil & Gas technologies are at the core of complex, industry-milestone projects worldwide, including projects in Qatar; Prelude, Wheatstone, Ichthys LNG and Gorgon in Australia; and the East-West Pipeline in China.
This business case references GE Oil & Gas’ contribution to the Gorgon Project, to demonstrate the various roles needed around the world to ensure the efficient running of big oil and gas projects.
Operated by Chevron, the Gorgon Project is one of the world's largest natural gas projects and the largest single resource development in Australia's history. The Project is developing the Gorgon and Jansz-Io gas fields, located between 130 and 200 kilometres off the northwest coast of Western Australia. It includes the construction of a three-train 15.6 million tonnes per annum (MTPA) liquefied natural gas facility on Barrow Island, and a domestic gas plant with the capacity to provide 300 terajoules of gas per day to Western Australia. The gas produced will be used to meet the local demand in Western Australia as well as the growing energy demand in Asia.
GE Oil & Gas is responsible for supplying and maintaining key technology that will be at the heart of the project.
GE Oil & Gas’ involvement in complex, global projects, such as Gorgon, requires a wide range of roles in a variety of areas. Its highly trained and skilled workforce constantly develops and adapts to meet the changing needs of the industry.