Pid Talisman Papua New Guinea

Talisman’s LNG in Papua New Guinea

A Project Initiation Document written with the purpose of choosing the best approach of our company’s resources in Papua New Guinea

Andrei Catalin Onose
29.11.12

Content Summary……….………………………………………………………….. ii

1. Introduction 2.1 Papua New Guinea…………………………………………………………1 2.2 Talisman in Papua New Guinea…………………………………………1

2. Business case…………………………………………………………………2/3

3. Stakeholder analysis 4.3 Papua New Guinea Government………………………………………...3 4.4 Talisman Partners…………………………………………………………3 4.5 Papua New Guinea Population………………………………………….4 4.6 Local landowners…………………………………………………………..4 4.7 Stakeholder analysis……………………………………………………….4

4. Project development plan

5.8 Project scope…………………………………………………………………6 5.9 Objective………………………………………………………………………7 5.10 Critical success factors……………………………………………………..7

5. Constraints and Assumptions

6.11 Assumptions………………………………………………………………….8 6.12 Constraints……………………………………………………………………8

6. Risk assessment plan……………………………………………………….9

7. Project Plan

7.1 Phase 1……………………………………………………………………..9/10
7.2 Phase 2…………………………………………………………………………10
7.3 Phase 3…………………………………………………………………………10

8. Project Budget…………………………………………………………….10/11

9. WBS & Gant Chart

10. Conclusion……………………………………………………………………….11

11. References…………………………………………………………………13/14
1. Introduction

1.1. Papua New Guinea

Papua New Guinea or the Independent State of Papua New Guinea is a country located in Oceania that occupies the Eastern part of New Guinea Island. It is located in the South Western part of the Pacific Ocean and apart from the mainland it also has numerous islands.
The population is about 6.2 million people and over 800 languages are spoken here because of the numerous tribes that live on the island. 80% of the population

References: Adelman, J and Okada, Y. (2012). LNG-Soaked Japan Burns Oil as Nuclear Reactors Sit Idle. Available: http://www.businessweek.com/news/2012-03-28/lng-soaked-japan-burns-oil-as-nuclear-reactors-sit-idle. Last accessed 13 Dec 2012. Anonymous. (2012). Argus LNG Daily. Available: http://www.argusmedia.com/Natural-Gas-LNG/Argus-LNG-Daily. Last accessed 13 Dec 2012. Anonymous. (2011). COUNTRY COMPARISON :: NATURAL GAS - PROVED RESERVES. Available: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2179rank.html. Last accessed 13 Dec 2012 Anonymous Anonymous. (2012). literacy situation. Available: http://www.literacyportal.net/png/literacy-situation/. Last accessed 13 Dec 2012 Anonymous Anonymous. (2009). Talisman eyes LNG scheme.(International)(Talisman Energy Inc 's acquisition of Rift Oil)(Brief article). Available: http://www.highbeam.com/doc/1G1-207841877.html. Last accessed 13 Dec 2012. Australia Week Luncheon. (2012). Raising the profile of PNG in Australia. Available: http://ministers.dfat.gov.au/marles/speeches/2012/rm_sp_120309.html. Last accessed 13 Dec 2012. Ilangovan, P. (2012). Talisman Releases 2012 Divestiture Program. Available: http://www.derrickpetroleum.com/2012/01/10/talisman-releases-2012-divestiture-program/. Last accessed 13 Dec 2012. Ronquillo, R. (2010). Exxon Mobil LNG a “very serious threat to national security” says Sandline hero. Available: http://crimeandcorruptionpng.wordpress.com/. Last accessed 13 Dec 2012 NAMORONG, M Penty, R. (2012). Talisman Reports Loss in Third Quarter.Available: http://www.bloomberg.com/news/2012-10-30/talisman-reports-loss-in-third-quarter.html. Last accessed 13 Dec 2012.