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UKEF Technical Advisor

Department for International Trade Published 30 Sept 2021 Contracts Finder

key details

Value£105,000
Statuscomplete
Category (CPV) 71621000 +3 more
Deadline22 Jul 2021
Contract start3 Sept 2021
Contract end1 Sept 2028
Procedureopen
SME suitableYes
OCIDocds-b5fd17-24ffc676-365d-4656-b834-1f0ce0d0ab2a

Award

SupplierValueDateStatus
Xodus Group Limited £105,000 2 Sept 2021 active

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.

documents

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notice history

3 notices published against this procurement.

PublishedTypeRegimeNotice
29 Apr 2021 Planning (planning) · 01472c13-779c-4a2c-be94-5a995a8ed434-432675
7 Jul 2021 Tender (tender) · 46a6872f-941d-473a-a559-5eec0940549a-449308
30 Sept 2021 Award update (awardUpdate) · 7088ba3f-bec4-45e3-8213-9adc482eacbf-472650

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