UKEF Technical Advisor

A Contract Award Notice
by DEPARTMENT FOR INTERNATIONAL TRADE

Source
Contracts Finder
Type
Contract (Services)
Duration
7 year
Value
£105K
Sector
INDUSTRIAL
Published
20 Sep 2021
Delivery
03 Sep 2021 to 01 Sep 2028
Deadline
22 Jul 2021 11:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

Department for International Trade (DIT), on behalf of UK Export Finance (UKEF), with the technical and commercial support it requires fulfilling its obligations under the finance documents with Vitol Upstream Ghana Ltd and others in respect to the secured development financing of Offshore Cape Three Points located offshore Ghana ("the Project"). Technical support will include monitoring and reporting in respect to reservoir performance and operating performance. Commercial support will include monitoring and reporting in respect to the performance of key contracts and markets to which the project is exposed. The project comprised all that is involved in the drilling completion and tie back of multiple wells to a new Floating Production Storage and Offloading vessel that was constructed in 2017. All the activities under the original scope of works have been successfully completed. Oil production started in August 2017 and Gas production from the Sankofa field in the (OCTP) Integrated Oil and Gas Project started at the end of June 2018. The TA will be provided with full access to project information available to the lenders, and will be required to highlight and advise UKEF of all material matters in relation to the Project but in particular it will advise in respect to Completion, Annual Redeterminations and, at UKEF's direction, Material Waivers. The TA is required to deliver its reports to comply with the decision-making timeline as set out in the Financial Agreements. The TA should be aware that the door-to-door tenor of the UKEF loan is 7 years with final maturity of the loan in 2028. The TA will be expected to provide a consistent level of service throughout the loan.

Award Detail

1 Xodus Group (None)
  • Value: £105,000

CPV Codes

  • 71621000 - Technical analysis or consultancy services
  • 76100000 - Professional services for the gas industry
  • 76200000 - Professional services for the oil industry
  • 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Indicators

  • Contract is suitable for SMEs.

Other Information

n/a Project_1119 UKEF TA Short Form Contract Final REDACTED.pdf n/a UKEF TA Consultancy Value Statement.pdf

Reference

Domains