1. Oil Exploration Project
Creation of Sustainable Energy Source for Ethiopia

2. Oil Exploration Prospects
Brief History of Oil exploration in Ethiopia
Ethiopia is a land locked country with a population of over 90 Million (2010). The political and peace in the country has been stable for the past 20 years and proven economical development has been observed in the nation.
The world Bank statics shows that
NASA recent finding on oil exploration site in world marked Ethiopia as one of the possible nations to have oil. The oil spiel in the region of Ogaden and south Omo is similar to that of the Arab Peninsula regions. In addition, The recent discovery in near by Kenya has increased the likely hood of finding oil in the region.
Population
91,728,849
2012
GDP
$43.13 billion
GDP growth
8.4%
Inflation
23.4%

3. Oil Exploration Project
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Statement of the Problem
Funding Source
Expected Return from Investment
Growing local as well as international for energy source. In addition, sky rocketing fuel price in the global market and increasing global energy demand
Funding Organization
Expected Amount
World Bank (Loan)
30%
Government of Ethiopia
10%
Oil Companies
40%
Other Funding Organization
20%
Personal Finance
Total
110%
Scope
Exploration of petroleum fuel within the country. And building a forestation project to limit the emission
Project Overview
Vision and Mission
Cost detail
Material & Machinery
Human Resource
Logistic
Warehousing & insurance
Project Conception
Project Planning and Development
Implementation or Execution
Delivery
Vision To Become the first petroleum refinery in Ethiopia with a reliable capacity and technological backing Mission We aspire to build reliable energy source to the countries energy mix and increasing the foreign currency
Project Charter
The project will take about 5 years
General benefits of the project
The total resource of the project is 7.5 Billion
Stakeholders role & performance measure
Environmental and business impact
Formation of teams
Contribution to the National Economy
Hailu Director
Kaleab (Planning)
Gezahegn (Cost Control)
Matiwos (Procurement & Logistics)
Kidist (External Relations)
Project Team Structure- (Board of Directors)
Poverty Reduction
Reduces Deforestation as the result of alternative source of energy
Creation of Employment opportunity
Contributing positively of life for the population
Avoiding illegal trafficking of citizens due to better income
Project Output
Crude oil 10,000 barrels per day

4. Critical Analysis of the project
Macro and Micro Analysis
Internal and External Analysis
Micro
Macro
Employment opportunity
The need for self sufficiency material energy and in basic material needs
Business opportunity's for suppliers
Increase in GDP of the country
Knowledge transfer
Support the budgetary deficit
Beneficiaries form the project outcome
Wealth of the nations will increase
Advancement in way of life (urbanization)
Support GTP
Advancement of infrastructure
Internal
External
Employment opportunity
Foreign direct investment
Hard currency
Image of the country
economical
Alliance power
Political
Voicing power /negotiating power
Poverty reduction
Energy substitute
Financing capacity
Advancement of technology
SWOT Analysis
Strength
Weakness
Opportunity
Threats
Geographically the surrounding area is likely to find
Internal financing capacity
State where the world demands energy
Political risks
Located in center of oil producing country
Internal implementing capacity
Substitute for other fuel sources
Regional cultural issues
Matured political leaders
Lack of internal experts
Afforestation
Theorist organization
Peace and stability within the country
Lack of well developed infrastructure
Probability for technology inflow
Instability in world economy
Strong protective legal frame work
Increase Global consumption
High investment on R&D for substitute of energy sources
Sedimentary rocks findings are similar

5. KEY MITIGATION Strategy
Feasibility Study & Risk Analysis
We shall employee an independent consultant to conduct the following feasibility studies
Financial /Economic feasibility
Operational Feasibility
Technological Feasibility
Legal Oversight
Technical Feasibility
Schedule feasibility
RISK
RESULTING EFFECT
GROSS RISK ESTIMATE
KEY MITIGATION Strategy
NET RISK ESTIMATE
Impact
Likelihood
Risk Level
Political Risk
possiblity of teririst attack 5
Recruitment of Environmental and Security advisor to look after such risks. 3
Environmental Risk
pollution of the environment, displacement of the population human or wild life population due to the project inaugural 4
recuitment of Enviromental and Secuirty advisor to look after such risks. Mitigation strategy for reducing the polution though aforastation 2
Finacial Risk
Not able to secure expected fund as per the plan
Ethnic conflict
war in the region of exploration due to ethnic share taking from the project

6. Project Activity Plan

7. Organization Structure
Board of Directors
Project VP
Operations manager
Contract manager
Environmental and Security Advisor
Project planning Manager
General Service coordinator
Drilling contractor
Finance and HR
Logistics coordinator
Drilling Engineer
Drilling Engineers
Cost Control
Operation Geologist
Area Manager

8. Project Gantt Chart Activities 2013 2014 2015 2016 2017 2018
Developing Administrative Manual-9
Planning for Recruitment-7
Procurement Planning-8
Leasing and contracting-11
Stakeholders Analysis -2
Operational plan-10
Engineering Design-5
Site Selection-4
Risk Analysis-5
Project appraisal/approval-6
Team appraisal
External appraisal
Mile stone of performance-12

9. Project Gantt Chart-Continued…………
Activity
2013
2014
2015
2016
2017
2018
Handover (Delivery)-17
Presenting proposal to financer-3
Bid announcement -13
Procurement of oil exploration companies
Purchase of high value machineries and materials
Procurement of consultant and Engineers
Planning project closure activities-16
Mobilization of resource -14
Monitoring and Evaluation of Activities-15
Preparation of project proposal-1

10. Details of the Project Plan
Procurement Plan
Man power Plan

11. Reference