Published date: 20 September 2021

Last edited date: 30 September 2021

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 22 July 2021, 11am

Contract summary

Industry

  • Technical analysis or consultancy services - 71621000

  • Professional services for the gas industry - 76100000

  • Professional services for the oil industry - 76200000

    • Business services: law, marketing, consulting, recruitment, printing and security - 79000000

Location of contract

Any region

Value of contract

£105,000

Procurement reference

tender_271854/998786

Published date

20 September 2021

Closing date

22 July 2021

Closing time

11am

Contract start date

3 September 2021

Contract end date

1 September 2028

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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.

More information

Attachments

Award information

Awarded date

3 September 2021

Contract start date

3 September 2021

Contract end date

1 September 2028

Total value of contract

£105,000

This contract was awarded to 1 supplier.

Xodus Group Limited

Address

50 Huntly Street, Scotland, AB10 1RS

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Old Admiralty Building
London
SW1A 2DY
England

Email

CommercialResearchandConsultancy@trade.gov.uk