ANALISIS STRATEGIAKUISISIBLOK OFFSHORE NORTH WEST JAVA (ONWJ) DAN IMPLIKASINYA PADA ASPEK PERTUMBUHAN DAN VALUE CREATION DIPT PERTAMINA (PERSERO)
Total reserves is the most common parameter used in oil and gas industry to measure the growth of the company. The Reserves that discovered by the company will be produced each year, so it will continue to decrease unless there is any new reserves addition from exploration or acquisition activities....
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Main Authors: | , |
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Format: | Theses and Dissertations NonPeerReviewed |
Published: |
[Yogyakarta] : Universitas Gadjah Mada
2013
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Subjects: | |
Online Access: | https://repository.ugm.ac.id/120412/ http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=60443 |
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Institution: | Universitas Gadjah Mada |
Summary: | Total reserves is the most common parameter used in oil and gas industry to
measure the growth of the company. The Reserves that discovered by the company
will be produced each year, so it will continue to decrease unless there is any new
reserves addition from exploration or acquisition activities. The objective of this
study are to evaluate the Block ONWJ acquisition by PT. Pertamina (Persero) in
2009, and to analyzes the impact of the acquisition to the growth and value
creation for Pertamina.
This study conducted by evaluating the Block ONWJ acquisition using Strengths,
Weaknesses, Opportunities and Threats (SWOT) analysis, and Strategic Fit
analysis using Shelton Matrix and Watson Wyatt deal flow model. Then, evaluate
the impact of Block ONWJ acquisition by analyzing the reserves growth and the
production rate, analyzes the synergy and value creation.
The evaluation results of the Block ONWJ acquisition strategy, we found strategic
fit between Pertamina�s strategies in the Company�s Long Term Plan (RJPP) with
Block ONWJ acquisition. The impact of Block ONWJ acquisition was it increases
the company�s growth, by increasing the oil R/P (reserves to production) ratio
from 5.2 years to 5.4 years, and increases the production rate by 32 thousand
barrels of oil equivalent per day (boepd) or about 8% of the total Pertamina
production rate. Block ONWJ acquisition also brings synergies and value
creation for Pertamina, with the competitive advantages to integrate the ONWJ
field with other Pertamina operated fields nearby. |
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