Selective data carve-out enables PTTEP’s asset acquisition
PTTEPSeven months to success: Selective data carve-out for a smooth asset takeover
Mergers and acquisitions are a key strategy in the oil and gas industry to stay competitive.
The challenge
Thailand’s PTT Exploration and Production (PTTEP) diversified its asset portfolio by acquiring stakes in an offshore Yadana gas field in Myanmar from French oil and gas company TotalEnergies.
To facilitate the acquisition, PTTEP needed to carve out two joint ventures and transfer all the supporting data from the existing PTTEP Yadana Asset SAP landscape, which had been cloned from TotalEnergies' SAP ECC system. This required a selective data carve-out to successfully complete the takeover of Myanmar business operations.
The solution
PTTEP was looking for a solution to perform an asset carve-out to comply with the acquisition agreement. The company needed to execute the project within one year from the date of acquisition of the Yadana project.
The project involved a selective data transition (SDT) of master and transaction data, including business partners, charts of accounts, profit centers, the material master, etc. Only the two main joint venture (JV) entities out of 17 were selected for the carve-out. Selected documents were also split from the document server.
SNP was entrusted with the full scope of the data transformation – strategy, analysis, design, execution, and operation. As part of SNP’s unique software-based approach, Kyano CrystalBridge facilitated a fully transparent seven-month journey with an extensive analysis of the source client, data harmonization to ensure the highest possible data quality, and integration of selective data with the target client – all while reducing the critical downtime to within 48 hours.
Benefits
- SNP’s automation and tool-based method enabled the rapid separation and handover of the SAP system to achieve the target date and data privacy.
- Technical expertise from the SNP team managing different source and target system environments increased the trust and confidence of the PTTEP and TotalEnergies (seller) teams.
- The critical downtime was minimized to within 48 hours, with the project delivered 4 days ahead of schedule.
Scope
- SAP ECC to SAP ECC migration, including the modules FI, CO, MM, JVA, PM, PS, AM and BW
- Source system: ECC (database size: 300 GB, users: 460)
- Target system: SAP ECC and modules
Key facts
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Challenge
Data separation and selective data integration
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Solution
Kyano CrystalBridge Analysis, Transformation Cockpit, Kyano CrystalBridge Shell Creator
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Project duration
7 months
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Go-live
July 2023
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Project type
Carve-out
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Downtime
48 hours
SNP understands the challenges and key considerations of our business, and made the selective data transition for the carve-out easy and seamless.
Sai Naw Kham
Contracts & Procurement Manager, PTTEP
About PTTEP
PTT Exploration and Production Public Co Ltd (PTTEP), a subsidiary of a subsidiary of PTT Public Co Ltd, is an oil and gas company, which is primarily engaged in petroleum exploration, development, and production. The company also produces natural gas liquids (NGL) including liquified petroleum gas and condensate. The company has operations across the Americas, Africa, the Middle East, and Asia.
