Strategic Restoration of Gas Production
Client: Far East Offshore Pte Ltd, Singapore
Location: Seoul, South Korea
Duration: July – November 2009
Sector: Energy & Natural Resources
Executive Challenge
The Korean National Oil Corporation (KNOC) faced a critical production disruption, resulting in the loss of over nine months of gas output—equivalent to 52 million standard cubic feet per day (MMscfd). This unplanned outage significantly impacted top-line revenue, raised alarms around operational integrity, and risked eroding stakeholder trust at a national and regional level.
To restore both operational and reputational standing, an immediate yet strategically anchored solution was essential—one that would drive not just recovery, but long-term resilience.
Strategic Leadership Approach
Far East Offshore engaged Protekz Inc. to lead the diagnostic and restoration mandate, with Mike Etuhoko spearheading the effort. A holistic, leadership-driven strategy was deployed, combining technical rigor, operational redesign, and organizational capability building:
Comprehensive Root-Cause Analysis: Diagnosed both technical and organizational failure points, ensuring all system weaknesses were systematically identified and addressed.
Strategic Restoration Roadmap: Co-created with executive stakeholders a tailored recovery plan integrating rapid response protocols, optimized workflows, and risk-controlled operational practices.
Executive Alignment and Cultural Reset: Facilitated cross-functional leadership alignment to ensure ownership at every level of the recovery initiative—embedding resilience into operational culture, not just into systems.
Capability Transfer and Mentorship: Led on-the-ground mentorship for KNOC’s operational teams, equipping them with the strategic tools, performance frameworks, and mindset required to sustain improvements beyond immediate recovery.
Results & Business Impact
Full Production Restoration Achieved: Successfully reinstated 52 MMscfd within the projected recovery window, stabilizing KNOC’s gas output and financial trajectory.
$120M Annual Revenue Impact: Restoration efforts delivered an estimated $120M in direct annual revenue recovery, based
on prevailing natural gas market prices ($5.82/MMBtu, 2009).
Operational Resilience Strengthened: Enhanced KNOC’s risk preparedness, cross-functional collaboration, and organizational agility, minimizing vulnerability to future disruptions.
Stakeholder Confidence Rebuilt: Rapid and strategic execution helped rebuild internal and external stakeholder trust—a critical intangible asset for KNOC’s long-term positioning.
Protekz Core Values in Action
Empowerment: Strengthened operational leadership and organizational resilience through mentorship, strategic knowledge transfer, and capability-building frameworks.
Impact: Delivered significant financial recovery, risk mitigation, and operational
transformation—positioning KNOC for long-term success.
Fulfillment: Witnessed KNOC’s evolution into a more agile, resilient, and high-
performing organization, reinforcing Protekz’s commitment to enabling high-impact global change.
Client Testimonials
“Mike, I appreciate your hard work on this project and recognize your significant contribution in identifying and resolving the issues out client faced. I am pleased with how successfully the project
was completed.”
“Mike, KNOC successfully completed its workover project safely and efficiently with your cooperation. Thank you for your dedicated support and efforts throughout the process.”