Student Technology Ideas Competition 2020 – by Balikpapan Section

Balikpapan, 28 November 2020

Case Context
IDD (Indonesia Deepwater Development) project in Makassar Strait is one of four national
strategic assets expected to turn Indonesia into one of the Asia Pacific’s major gas exporting
economies by 2030, a vision overseen by the Upstream Oil and Gas Special Regulatory
Taskforce (SKK Migas).The IDD project involves developing the Bangka Field and the Gendalo-
Gehem Field, both of which are located in the Kutai Basin. Chevron successfully began
production in the former field in late 2016 but the latter field has proven to be economically
challenging.

Development of the Gendalo-Gehem Field, a project valued at US$6.98 billion, was expected to
produce 27,000 barrels of oil per day (bopd) and 844 million standard cubic feet per day
(mmscfd) of gas by 2025, according to SKK Migas data. However, American oil and gas giant
Chevron plans to withdraw from the national strategic Indonesia Deepwater Development (IDD).
Analysts have pointed out that exits are common during periods of low global oil prices, such as
during the COVID-19 pandemic.The government of Indonesia is currently seeking a
replacement to ensure this project runs by 2027.
Source: Jakarta Post, SKK Migas, Chevron Annual Report

Case Study
Your company is evaluating this project whether interesting or not for the future strategic
movement/company portfolio. Your team is assigned to handle this project and you should
present the comprehensive plan of development in front of the Board of Directors (i.e Judges).
Your responsibility is to provide solid technical justification, clear assumptions, and reliable
economic evaluation for decision making input. It is critical for Board of Directors to decide
whether to go or no go to bid this project.
Notes: you may use any related external data.

Case Deliverables

 Each team should submit a power point presentation file (.pptx) and 1-page executive
summary of the Case Study (.pdf)
o PPT file: no specific format, but should include: Title, Outline, Background &
Deliverables, Scope, Main POD synthesis (analysis, cases, technology,
calculation), and Conclusion
o PDF file: Arial 11, space 1.15, margin Normal (1”, 1”, 1”, 1”)
 Send files to:spebalikpapansection@gmail.com with title TIC2020_GroupName before
27-November 2020 18.00 WITA
 Final presentation will be held on 28 November 2020 09.00 – 12.00 WITA via Zoom
 Each team should present 15 minutes and followed by 15 minutes Q&A by Judges
 Evaluation will be done on team basis and individually.
 Wear Business Attire/Smart Casual during presentation
 Team evaluation components:
o Project Content (Logic, Original, Unique) – 20%
o Project Structure (Clarity of Objectives, Workflow, Phasing) – 20%
o Technology Ideas & Relevance (Significance of Innovation) – 40%
o Financing & Budget (Reasonable, Profitable) – 20%
 Individual Evaluation:
o Delivery: professional and confidence – 25%
o Engage with audience & judges – 25%
o Voice dynamic & body languages – 25%
o Q&A session response – 25%
 Awards for Team:
o Team 1st Winner: IDR 1,000,000/team + Winner Certificate
o Team 2nd Winner: + Winner Certificate
o Team 3rdWinner: + Winner Certificate
 Individual Awards:
o Best Presenter 1st Winner: Gopay IDR 200,000 + Certificate
o Best Presenter 2nd Winner: Gopay IDR 150,000 + Certificate
o Best Presenter 3rdWinner: Gopay IDR 100,000 + Certificate