Matt Khaw

Helping energy, utilities and resources organisations deliver multi-billion capital portfolios with confidence through independent assurance, robust governance and delivery performance improvement.

Matt works with senior leaders in energy, utilities and resources organisations to deliver major capital projects and programmes with confidence, on budget and on schedule. He helps clients make better capital decisions, strengthen governance and controls, and unlock value across the full capital lifecycle, from concept and FID through to execution and handover.  
  
His expertise spans independent project assurance, capital portfolio and performance optimisation, operating model design and AI-enabled capital delivery. Clients value his pragmatic, hands-on approach, deep understanding of what can go wrong on major capital projects, and ability to build high-performing teams.

Impact highlights

• Led an independent review of the commercials and deliverability of a multi-billion-dollar energy infrastructure project, supporting the client to reach FID final investment decision (FID).
• Delivered capital project execution efficiency initiatives for a multi-billion-dollar integrated energy joint venture, generating efficiencies of $70m+ per annum generating more than $70m in annual efficiencies.
• Advised National Grid on management of change across a multi-billion-dollar project portfolio, and led support on the Norwich to Tilbury Project Assessment submission.
• Designed Board-level strategic and operational performance metrics for a multi-billion-dollar capital portfolio, benchmarked against industry best practice.
• Led the redesign of an integrated energy company’s capital project assurance (stage gate) system and the transformation of its global operations into three regional hubs
• Brings 15 years of experience across oil and gas, integrated energy, and networks and utilities, at Baringa, KPMG and EY

How Matt works with clients

Capital project and programme delivery assurance 

Matt supports major capital projects and portfolios at critical decision points, including FID readiness, regulatory project assessment submissions and stage gates. He provides independent assessment of commercials, deliverability, risk and governance, with practical recommendations project owners can act on. 

Clients typically come to Matt when: 

• they need greater confidence in project deliverability ahead of FID; 
• cost and schedule are at risk; or 
• existing assurance processes add burden without providing sufficient confidence. 

What clients value: Matt combines candid, independent challenge with hands-on capital project experience, helping teams identify potential issues and determine what to do about them. 

Capital portfolio performance and governance 

Matt helps Boards and executive teams strengthen oversight of multi-billion-dollar capital portfolios, from performance metrics and reporting to management of change and stage-gate design. His approach combines industry benchmarking with targeted improvements to governance, controls and processes. 

Clients typically come to Matt when: 

• they have limited visibility of portfolio performance; 
• management of change is slow or inconsistent; or 
• governance and controls are struggling to scale with increasing investment. 

What clients value: a focus on measurable performance improvements and governance that enables rather than slows delivery, including work that generated more than $70m in annual efficiencies for one integrated energy joint venture. 

Operating model transformation and AI-enabled capital delivery 

Matt helps capital organisations reshape how they are structured and operate, including identifying where AI can create value across the capital lifecycle. His work combines operating model design and large-scale change with identifying high-value AI use cases and deployment strategies. 

Clients typically come to Matt when: 

• they need to scale delivery capability as capital commitments grow; 
• they are diversifying into new energy and power projects; or 
• they want to move AI beyond pilots and into practical application. 

What clients value: an outcome-led, technology-agnostic approach that treats AI as an enabler of capital delivery performance rather than an end in itself.  

Credentials and expertise  

• Partner, Energy & Resources, Baringa; specialising in capital project and programme delivery and helping to lead Baringa’s capital project and AI work 
• Previously Director at KPMG and Director at EY, with experience leading major oil and gas accounts
• Master of Management, Melbourne Business School; Bachelor’s degree (Psychology), University of Melbourne
• Recognised expertise: project and programme delivery, portfolio optimisation, performance and process improvement, governance and operating models, independent project assurance, and large-scale transformation and change

Known for

Oil, Gas and Petrochemicals | Baringa

Energy and Resources | Baringa 

Energy Networks | Baringa