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Processing Technology

In: Business and Management

Submitted By segokucing
Words 1752
Pages 8
GENERAL BUSINESS ENVIRONMENT
(Processing Technology Environment)

The Impact of the Drilling Technologies Advancement to the Business of PT. Apexindo Pratama Duta, Tbk

Lecturer: Prof. Dr. Ir. Kapti Rahayu Kuswanto

Submitted by

Nanang Eko Prasetyo
14/373624/PEK/19620
International Class B - Batch 64

MASTER OF MANAGEMENT PROGRAM
FACULTY OF ECONOMICS AND BUSINESS
UNIVERSITAS GADJAH MADA
2015

I. Introduction
Hydrocarbon or popularly known as oil and gas, is widely used in almost all aspect of human needs, such as fuel in transportation and electricity, lubricants for machines, asphalt for road and also fertilizer in agriculture industry. Because of the importance of the oil and gas, the need of a drilling company’s services become increasing from time to time to support the upstream oil companies in exploring and also exploiting oil from the earth. In doing its business, a drilling company uses a lot of high technology during the exploration and exploitation phase.
As we know, technology becomes one of key success factors within all companies. For drilling company, the use of technology is very important because drilling process involving high risk and also high cost process. High risk because the drilling operation is usually conducted in a remote area and it has high potential to explode if overall process goes wrong. Also sometimes, after drilling process has conducted, oil and gas cannot be found in that area. High cost because drilling process entails all of the consequences to focus giant machines and resources to certain area, usually an isolated area, to get the oil and gas.
By virtue of its characteristics as non-renewable energy sources and with declining oil and gas fields, nowadays technological change in the industry primarily concerns new ways of accessing new oil and gas reserves (Pierrakakis, 2009). The advancement of technology in the

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