PROJECT CHAPTER
Project Title: Oil & Gas Services Business Opportunities in Asia Region (Feasibility Study)
Project Sponsor:
· Rafflesia Energy Incorporation (REINC)
· Manchester Business School Worldwide (MBSW)
· Calgary Immigrant Education Society (CIES)
Project Sponsor:
· Rafflesia Energy Incorporation (REINC)
· Manchester Business School Worldwide (MBSW)
· Calgary Immigrant Education Society (CIES)
Project Manager: Dike Putra
Project Customer:
· Rafflesia Energy Incorporation (REINC)
· Manchester Business School Worldwide (MBSW)
· Calgary Immigrant Education Society (CIES)
Project Customer:
· Rafflesia Energy Incorporation (REINC)
· Manchester Business School Worldwide (MBSW)
· Calgary Immigrant Education Society (CIES)
Project Purpose or Justification:
Rafflesia Energy Inc. would like to expand its Oil & Gas Services in other region which has more future prospective in Oil & Gas Services business opportunities after having observed Oil & Gas Services business opportunities and requirement legacy in penetrating Canadian Oil & Gas business market.
In this case, Asia is selected as primary focus region. The scope place then is narrowing to Sumatra Island since a bunch of small companies operate in Sumatra after International oil players discontinue their production sharing contract with Pertamina, National Indonesian oil company, as well as, the management still has good networking and familiar working in some fields in the past.
Rafflesia Energy Inc gets an academic support from Manchester Business School that will guide in dip of theoretical literature. On top of that, this project strongly is supported by Calgary Immigrant Education Society as major task in Project Management Course.
The final outcome is to have objectively and rationally uncovered the strengths and weaknesses of an proposed venture, opportunities and threats present in the environment, the resources required to carry through, determine the technical and financial viability, and ultimately the prospects for success decision making to proceed with the proposed venture.
This outcome will be used by Rafflesia Energy Inc to carry forward the business plan for Asia expansion, if the result is positive.
This project will affect to stakeholders mainly Rafflesia Energy Inc., Manchester Business School, Calgary Immigrant Education Society, Oilfield operators, competitors, government, and local community where as the field operation located.
Rafflesia Energy Inc. would like to expand its Oil & Gas Services in other region which has more future prospective in Oil & Gas Services business opportunities after having observed Oil & Gas Services business opportunities and requirement legacy in penetrating Canadian Oil & Gas business market.
In this case, Asia is selected as primary focus region. The scope place then is narrowing to Sumatra Island since a bunch of small companies operate in Sumatra after International oil players discontinue their production sharing contract with Pertamina, National Indonesian oil company, as well as, the management still has good networking and familiar working in some fields in the past.
Rafflesia Energy Inc gets an academic support from Manchester Business School that will guide in dip of theoretical literature. On top of that, this project strongly is supported by Calgary Immigrant Education Society as major task in Project Management Course.
The final outcome is to have objectively and rationally uncovered the strengths and weaknesses of an proposed venture, opportunities and threats present in the environment, the resources required to carry through, determine the technical and financial viability, and ultimately the prospects for success decision making to proceed with the proposed venture.
This outcome will be used by Rafflesia Energy Inc to carry forward the business plan for Asia expansion, if the result is positive.
This project will affect to stakeholders mainly Rafflesia Energy Inc., Manchester Business School, Calgary Immigrant Education Society, Oilfield operators, competitors, government, and local community where as the field operation located.
Project Description:
Deliverables:
1. Strategic business entry
2. Reasonable economic sense
3. Magnificent Business Decision making
Project and Product Requirements:
Rafflesia Energy will bring the expertise edge of reservoir and petroleum engineering along with geological, geophysicist and petrophysicist to the market place either global or local oil and gas business as well as up to date technology and science.
Deliverables:
1. Strategic business entry
2. Reasonable economic sense
3. Magnificent Business Decision making
Project and Product Requirements:
Rafflesia Energy will bring the expertise edge of reservoir and petroleum engineering along with geological, geophysicist and petrophysicist to the market place either global or local oil and gas business as well as up to date technology and science.
The success of this feasibility study is depend on five parameters that should be discussed with direct stakeholders and sponsorship
PARAMETERS
SCOPE
TIME
COST
QUALITY
ACHIEVABLE
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OBJECTIVES
The study focus on practicable literature and up to date business strategy in order to have reasonable business decision that align with business environment as well as law and regulation in Indonesia.
The study achieves the deadline time
The study estimate capital cost and operational cost for 3 (three) years including CSR program.
The study yield a high level degree of analysis
The study result is achievable and practicable to implement it
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SUCCESS CRITERIA
Clear picture and degree of demands as well as direction of business entry
The study should achieve the result within 3 (three) months
The cost estimation should be reasonable and justified as well as accountable
data sources are valid from authentic resources
Strong recommendation for further action either positive or negative entry act
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PERSON APPROVING
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