Business Model Adaptation For Foreign Company To Navigate Local Content Requirements In Indonesia’s Upstream Oil and Gas Industry In 2034 Using Inductive Scenario Planning Approach (Case Study Tas)
DOI:
https://doi.org/10.59141/jrssem.v4i6.768Keywords:
Local Content Requirements, Scenario Planning, Upstream Oil and Gas, Foreign Company, Tingkat Komponen Dalam Negeri TKDN, Business Model AdaptationAbstract
Complying with local content regulations in the upstream oil and gas industry presents a significant challenge. These regulations aim to enhance local capability, and the industry's yearly transaction value greatly impacts the local industry, necessitating the use of local products. However, despite requiring high technology, this industry mostly relies on imported products. To address this challenge, our research employs a systematic approach that combines scenario planning with Analytic Hierarchy Process (AHP) analysis. Our primary goal is to develop a comprehensive framework that empowers organizations to optimize their business strategies within the context of localization projects. By integrating scenario planning, which allows for the exploration of diverse future scenarios, with AHP analysis, which offers a structured analytical foundation for evaluating and selecting strategies, our research equips decision-makers with a powerful toolset. Through extensive case studies and meticulous analysis, our research sheds light on the nuanced decision-making processes and strategic adaptations that can be achieved through the synergy of scenario planning and AHP analysis in the domain of localization projects. Our findings and insights provide practical guidance to decision-makers grappling with the complexities of local content compliance and the long-term sustainability of business strategies.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Ratih Dwi Mutia, Yos Sunitiyoso, Ahmad Yuniarto

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International. that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.