Public Consultation Activities as Part of the Environmental Impact Assessment (AMDAL) Study Requirements for Banyu Urip Oil Field Development Project in Cepu Block, East Java Province, Indonesia

Author(s):  
Elviera Putri,
1992 ◽  
Vol 114 (3) ◽  
pp. 165-174 ◽  
Author(s):  
E. M. Bitner-Gregersen ◽  
J. Lereim ◽  
I. Monnier ◽  
R. Skjong

A quantitative analysis of economic risk associated with large investments in offshore oil and gas field development and production is presented. The analysis is intended as a supporting tool in decision-making faced with uncertainty and risk, to study the effect of alternative decisions in an easy manner. The descriptors for the project assessment, such as the Internal Rate of Return (IRR) and Net Present Value (NPV) are applied. The study demonstrates first the impacts of early pilot production (EPP) prior to a main oil field development on the field economy of an oil field development and production installation. Furthermore, the result of cases which reflect relevant situations connected with cost overruns are presented, as well as derivation of rational decision criteria for termination/continuation of a project subjected to cost overruns. Finally, an oil field development project scheduling is demonstrated.


2011 ◽  
Vol 282-283 ◽  
pp. 731-734
Author(s):  
Shi Hui Qiu ◽  
Qi Wang

Facing the growing energy needs, ocean marginal fields more and more attention. But the supply is one of the constraints of ocean marginal oil field development. Therefore research and development in power supply system of local installation, low cost, easy maintenance and management, resource conservation, environmental-friendly is critical. This paper investigates the application of wind and solar energy development, as against the existing marginal oil field development project, through designing wind and solar power generation system to discuss the development of marginal oil fields in the feasibility of the application to make constructive comments.


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