Download - AHB - Sharing Prasetya Mulya 23 Sept 14
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2014 Chevron
Career in Multinational Energy Company:
Converting Challenge intoOpportunity
Abdul Hamid Batubara
President Commissioners
PT. Chevron Pacific Indonesia
Prasetya Mulya, Jakarta
September 23, 2014
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Agenda
1. My Career Journey in theEnergy Company
2. Insight - Why people want towork for energy company?
3. Peoples perception to themultinational energy company inIndonesia?
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2014 Chevron
My Career Journey in ChevronFrom Programmer to President Director
President DirectorSVP Sumatera Operations
SVP Business Services
VP Finance VP General Affairs Manager Financial Info & Analysis Manager Corp. Planning & Budget Supt. Infosys Planning & Development
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2014 Chevron 2014 Chevron
Chevron Worldwide
60,000 employees
2.597 million BOE daily netproduction in 2013 Exploration & ProductionRefining
Chemicals
One of theworld largestintegratedenergy
companies
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The Chevron Way:Getting results the right way
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Our Vision: The Chevron WayPeople is our vision
VisionTo be the global
energycompany most
admired for its
people,
partnership andperformance
People:
Caring and dynamic leaders who areempowered, accountable, and demonstrate
high standard of ethics and integrity
Well trained and skilled workforce who
meet international performance standards
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The Chevron Way:The Seven Values and What They Mean to Us
ValuesOur companys
foundation is
built on our
values
Integrity
Trust
Diversity Ingenuity
Partnership
Protecting People and the
Environment
High Performance
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Think Globally, Act Locally: Inspiring Leader
"It's amazing what you can accomplish if youdo not care who gets the credit Julius Tahija
Pak Tahijas business ethic is exactly
similar to safety principle in airline industry -Emirsyah Satar
To Pak Tahija, the business ethicprinciple cannot be compromized" -
Gunarni Soeworo
At the end of the day, it is integrity andreputation that save us -
Baihaki Hakim
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Chevron IndoAsia Business Unit (IBU)
PT. Chevron Pacific IndonesiaChevron Indonesia Company
South NatunaSea Block B
Tiwi Field
Mak-Ban Field
Chevron Geothermal Salak
ChevronGeothermal Indonesia
Oil & Gas Exploration and Production
Philippine Geothermal Production Company, Inc..
Chevron Malampaya LLC
Chevron Makassar, LtdPT. Chevron GeothermalSuoh-Sekincau
Produce about 40% ofIndonesias crude oil
production
Generate over 50% of
the countrys
geothermal
production
Chevron Kalinga, Ltd.
Geothermal
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Chevrons Contribution to Energy Security in Indonesia
Active in Indonesia for 90 years
Largest oil producer, supplying~40% of the countrys crude oil
Continuous implementation oftechnology innovation
Duri Field, worlds largestthermal EOR operation
Minas Surfactant Pilot project
Ultra-deepwater gasdevelopment
Largest geothermal producer(647 MW of installed capacity)
Continuous improvement inenergy efficiency
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Improving Organizational Capability
Horizons Program for freshgraduate hires
Pathways Program for
experienced employees
Career DevelopmentAssignment (CDA)
International Assignments
Employee Self DevelopmentProgram (ESDP)
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University Partnership Program(UPP) with ITB and UGM focusedon petrotech skill development
Graduate Fellowship Program
Undergraduate Student Lab
Improvement Distance Learning
Internship coupled with hiringprogram
Guest Lecture series
Curriculum Improvement
Geology field trip/school
Lecture assistance: internationalconference, short-term courses
Preparing the Best Seeds
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Chevrons Corporate Responsibility
Improving access to BasicHuman Needs (Health)
Enabling Education &Training Opportunities
Promoting SustainableLivelihoods
Protecting the Environment
Rehabilitating Livelihood inDisaster-stricken areas
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Why Do People Want to Work for Energy Company?
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Global Energy DemandsPeople Needs Energy. Energy Supports People lives.
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Source: EIA/DOE International Energy Outlook 2013
Quadrillion Btu
Source: EIA/DOE International Energy Outlook 2013
1 Quad Btu (1015 Btu) = approx.172 BOE
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National Energy Supply & Demand
Energy demand in 2010 is 3.3 million boepd and will increase to 7.7 millionboepd in 2025, in which oil and gas will constitute for 47%
2025 oil/gas supply and demand gap could reach, at least 2 millions boepd Three times current exploration activity level needed if conventional oil and gas
is to fill 50% of the 2025 supply demand gap
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National Energy Consumption
Indonesia is a net crude oilimporter country since 2004.
Oil Net importer: price fluctuationsaffects the State Budget (APBN).
Indonesia's total primary energy
consumption grew by 44% between2002 and 2012.
The petroleum share, althoughdecreasing, continues to accountfor the highest portion ofIndonesia's energy mix at 36% in
2012.
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People Perception to the Multinational EnergyCompany
Perception Reality
Oil in Indonesia is RICH Indonesia Proven Oil Reserves is only3 billion BOE (1% of Venezuela, 300billion BOE)
Foreign company is taking most ofIndonesias oil and gas for their
benefit
Indonesia is taking the 85% net profitwithout any risk.
The risk of failure is borne by theinvestors.Once succeed, investors need to waitfor 7-10 years for the Break EvenPoint (BEP).
Foreign company is dominated byexpatriates
SKKMigas: 93% of oil and gasworkers are Indonesian.Most of the leadership team are alsoIndonesian.
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Energy Industry: High Risk High Reward
Structured Approach
Thorough Planning &Analysis
Excellent Execution
High Capital
High Technology
Long Process
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2014 Chevron** source: OPEC Annual Statistical Bulletin, 2012
World Oil ProducersIndonesia #29
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Energy Industry: High Risk High Reward
Deepwater Exploration Failure Costs US $ 1,9 Billion
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Source: EIA/DOE International Energy Outlook 2013
On June 11, 2013Deputy of PlanningSKKMIGAS stated that
12 production sharingcontractor suffer lossesof dry hole deepwaterexploration drilling.
Total estimated loss isUS$ 1.9 billion (Rp 19trillion) in 2009-2013
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Interventions to Develop Effective Future Leaders
Transfer of technology Experience is the best teacher
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FACTs:
Cheap energy is long gone, oil production is decreased.Indonesia energy needs in 2019 is about 6,19 millionBOPD, our energy supply only 6,04 million BOPD. If we donothing, we will be a net energy importer by 2019
Explore the potential areas in the eastern part ofIndonesia, fact: almost 50% of Indonesia Basins (29 of 60) arenot yet explored and produced.
The needs to develop other sources of energy, fact: Indonesiahas more opportunity to increase the conventional and non-
conventional resource production (CBM
400 TCF, Shalegas, renewable energy- geothermal, etc).
Energy Industry is high risk high capital. Energy investor isrequired to support Indonesia energy needs. Fact: favorableinvestment climate is required.
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Energy Security through Successful DevelopmentsRequires
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Financially strong and experiencedcompanies with superior technology
A commitment to safety and environmentalstewardship
Partnerships with hostcountries, customers, industry and local
communities
Government commitment is essential todevelop the right policies
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Thank You
Q & A
Thank You