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Showing posts from July, 2020

Petroleum Economics and Risk Analysis (An Application in PSC Gross Split vs Cost Recovery)

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Petroleum Economics and Risk Analysis An Application in PSC Gross Split vs Cost Recovery 25 – 27 August 2020 - Online Course outline Current low oil price has made many oil projects were delayed while waiting for the situation strengthen. An analysis on operating and investment costs is therefore very crucial task. Any mistake in Project Development and operation together with weak control in costs will lead a profit reduction or even more a loss for the company. Many people in the petroleum industry are concerned that their organizations may be destroying value by making systematic errors in investment evaluation and decision. Some common problems include: undervaluing long-lived assets and overbuilding production facilities In a challenging petroleum industry, it is very important to identify the uncertain variables and explore ways to minimize the downside risk and to maximize the upside potential. The Advance analysis using probabilistic model and Real Options method is essenti

Abandonment and Site Restoration (ASR)

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Abandonment and Site Restoration (ASR) August 26th-28th 2020 - Online   Course Overview The course within 3 days will be discussing about the whole activities which are inside The Upstream Oil and Gas Bussiness along with other facilities such as oil and gas well, pipes and production facility, platform in which no longer economical and needed will have to be done an abandonment and also site restoration around its operational site of an oil industry. Some available aspects and will be measured regarding their demolition and reserve cost estimation.   Course Outline The Basis of Oil Industry Activity. ASR Activity and Implementation in Indonesia Legal Basis of ASR Implementation ASR Component according to PTK SKKMIGAS ASR Implementation Methodology ASR Cost Calculation Estimation ASR Reserve Cost Case Study in Indonesia

PENGADAAN BARANG-JASA INDUSTRI HULU MIGAS (PTK 007 Revisi 4 tahun 2017)

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W O R K S H O P PENGADAAN BARANG-JASA INDUSTRI HULU MIGAS  (PTK 007 Revisi 4 tahun 2017) 12- 14 Agustus  2020  -  Online   T U J UAN M em ah a mi p r os e d u r d a n meka n isme p el a k sa n a an p e n ga d a a n b ara n g - j a sa d i In d u s t ri H u l u M igas M e n d a p a t k an p em a h a m an m e n ge n a i f i l os of i d a n t u j u a n k e t e n tu a n T K D N , p r i n sip d asa r n ya, k o mp o n e n d a l am b a r a n g d an jasa d alam n eg e ri ser t a k e t e n t u a n - k e t e n tu an d asar s e r t a p i h ak yang t e r k a i t d e n g a n T K D N b es e r t a p e ra n n ya m as i n g - masi n g. M em ah a mi   b e r b agai   k e t e n tua n   me n y a n g k u t   T K DN ,   m e n yang k u t ;   b es a ra n ,   p r os e d u r,  l im i t w a k tu , ser t i f i k asi d a n la i n se b agai n ya.     M AT ERI PE M B A H A S A N Ke b ija k an S t r a t egis M a n aj e men Ra nt a i S u p lai d i I ndu s t ri   migas S t ra

BUDGETING AND REPORTING CONCEPTS for JOINT COOPERATION CONTRACT

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Budgeting and Reporting ConCEPTS  for JOINT COOPERATION CONTRACT (KKS) “ POD, WP&B, FQR, AFE, COR AFE, PIS, and PPP ” 12- 14 Agustus 2020 - Royal Ambarrukmo Hotel Yogyakarta     PENDAHULUAN Bentuk Production Sharing Contract (PSC) memberikan akses untuk melakukan kegiatan eksplorasi dan pengembangan industri hulu minyak dan gas bumi (migas), yang ditandai dengan pembagian produksi migas sebagai hasil kerjasama antara investor ("Kontraktor") dengan Pemerintah sebagai pemegang hak atas tambang migas ( mineral right ). Proyek eksplorasi dan pengembangan industri hulu migas ditandai oleh modal investasi sangat besar, tenggang waktu panjang, dengan informasi wilayah kerja tidak lengkap . Untuk memenuhi kondisi tersebut, diperlukan suatu prespektif keekonomian yang terkait dengan Plan of Development (POD).   POD merupakan kata kunci usaha di bidang hulu migas yang padat modal, berteknologi tinggi dan beresiko besar, sehingga perencanaan pengembangan lapangan

Fundamental Supplier Relationship Management

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Fundamental " Supplier Relationship Managemen t" August 4th - 7th 2020 (Online) Apa itu Supplier Relationship Management (SRM) ?             SRM adalah sebuah pendekatan sistematik yang bertujuan untuk mengevaluasi kontribusi suppliers terhadap sebuah bisnis (badan usaha). SRM akan membantu anda untuk menentukan supplier yang mana yang memberikan pengaruh terbesar terhadap kesuksesan usaha anda dan bagaimana anda memastikan bahwa mereka akan terus bekerja dengan baik. Supply Chain Management menggunakan SRM dalam proses Procurement, Operation dan   Project Management. SRM akan membantu anda membina hubungan yang positif dengan suppliers dan menunjukkan aktivitas seperti apa yang harus anda bangun dengan masing masing supplier. Tujuan utama SRM adalah untuk meningkatkan proses bisnis antara perusahaan anda dengan supplier. Dengan menciptakan pendekatan yang ‘lean’, anda dapat meningkatkan efisiensi bisnis anda sekaligus bisnis supplier anda.   Materi Pelatihan

Designing Key Performance Indicators

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Designing Key Performance Indicators (KPI) August 5th - 7th 2020 (Online) Designing KPI is a part of Performance management system (PMS). PMS is a measured performance management mechanism for employee and company. PMS should be right on target and fair for all parties. Very often we hear such complaints or confusions below expressed by employee, superior or the company:    How to determined employees performance standard? How to interpret it into KPI? How to cascade corporate KPI into individual KPI? How to appraise/evaluate employee performance? Employees experience unfair appraisal, like or dislike based. Employees reject the performance appraisal since they feel never discussed about the target but suddenly appraised. How to monitor employee performance? How to make sure employees achieve their target? Workshop Objectives: Understand concept and methodology of Performance Management System Understand concept of KPI and how to cascade down KPI Able to cascade down business strat

EXCESS LAYTIME AND DEMURRAGE

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EXCESS LAYTIME & DEMURRAGE  August 5th - 7th 2020 (Online) This training course will assist oil and gas terminals, including coal Terminals operators in achieving  a competitive  advantage  by having an effective and well manage operation.  The course has been designed for mid and downstream  supply chained and energy industry managers.  party agreements, contracts of sale, special provisions clauses, arbitration awards, and matters of law continue to change . As such , we strongly recommend that anyone involved  in tanker/ship  operations, logistics, and demurrage management be knowledgeable  in this course material and continue to stay abreast of the latest developments in the industry to enhance  their company’s bottom line.   TRAINING PURPOSE : The objective of this course is to familiarize delegates with an overview of laytime calculations , demurrage analysis ;  analysis  of charter parties, and protective clauses ; ways to limit liability and maximize collection through impr