Abstract
This research was carried out on Build Operate Transfer investment in Business cooperation model to metering system development project by examinated those criterias by technology preparedness level (TKT) evaluation method, Innovation preparedness level and political, social economic, technology, environment & legal aspects (PESTEL). This research was carried out to earned value from level of technological readiness level 8 and 9, Those innovation steady level 3 which involved several division like business development, engineering, accounting & finance, administration, human resources and health safety environtment officer. Gathered from all divisions and gave an score for TKT 8 assessment should be weight of more than 95% for accurate data criteria are ready, an assessment of TKT 9 has weight of more than 91% for technology criteria which tested in actual conditions, an assessment of Katsinov 3 has weighting of more than 94% for Manufacture Aspects, while assessment of PESTEL has a weight of more than 85% for Legal Aspect. Furthermore, these assessment results were brought up into focus group discussion by presented the Managing Director as expert judgment on final assessor of data validation, indicators, graphics and risk management planning before making decision about those Build Operate Transfer concept on investment business cooperation model to metering system of development project.
Highlights
Oil and gas is one of strategic commodities in Indonesia, both as an energy source and as source of foreign exchange of country
Rexaudia Sasada Sentosa, with an assessment of TKT 8 criteria "Accurate data is ready" and the TKT 9 criteria which is "Technology has been tested in actual conditions" made an important component to metering system development project at PT
Technology Readiness Level (TKT) Level 9 with these criteria "Technology has been tested in actual conditions" has highest point because of these result certification by an independent institution for accuracy value and could be function well on metering system development projects
Summary
Oil and gas is one of strategic commodities in Indonesia, both as an energy source and as source of foreign exchange of country. According to performance report from Ministry of Energy and Mineral Resources through Directorate General of Oil and Gas regarding the investment target in 2019 on upstream oil and gas industry which not achieved those goal standard from government thats equal to 13.4 Billion US $ and it could be achieved around 12.9 Billion US $ or 96.35% Those investment value has not reached target because those investment used for financial exploration activities of US $ 624 million (6%), development well activities of US $ 1.3 billion (12%), production activities of US $ 8.1 billion (74 %) and administrative costs of US $ 900 million (8%).
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