PYC Business Case Competition in IPFEST 2019

Figure 1 Teams from various universities working on the PYC Business Case Competition

The Purnomo Yusgiantoro Center (PYC), in cooperation with Integrated Petroleum Festival (IPFEST) 2019, held the Purnomo Yusgiantoro Center (PYC) Business Case Competition on Friday, February 15, 2019. The Business Case Competition was one of the competitions held during IPFEST 2019 by the student of Petroleum Engineering Program from Institut Teknologi Bandung (ITB) and was participated by eight teams from various universities in Indonesia. The judges are Dr. Filda Yusgiantoro from PYC, Puti Permata from Medco E&P Indonesia, and Ir. Sudono, MT from PT Gada Energi.

In this competition, the participating teams were given details about three oil and gas fields and were asked to give recommendations on which block to develop to the judge. The participating teams were given three hours to come up with recommendations and were given ten minutes to present their recommendation. After each presentation, the judges were given a chance to question and challenge the team’s presentation.

All the participating team gave exciting and insightful recommendations on the case. Furthermore, each team presented different approaches to the case which really excited the judges. Finally, PYC would like to congratulate Ozzma Kappa from Universitas Indonesia as the 2nd Runner Up; PetroGvrl from ITB as the 1st Runner Up; and Haverfords from Institut Teknologi Surabaya as the champion of PYC Business Case Competition. PYC wished the best of luck for all the participants’ future endeavor.

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