Gulf Oil and Gas accountACCOUNT
Lead Advisor on Dilution of Interest in a Field
Acquisitions and Divestitures
Reference NC/003/13
Date 5/5/2013
Location Africa
Scope
NAMCOR holds a 54% interest in the Production Licence 003 (Kudu Licence). NAMCOR together with its upstream partners, Tullow Kudu Limited and CIECO E&P (Namibia) Co. Ltd are developing the upstream (offshore) portion of the Kudu Gas Field located 130 km offshore the south-west coast of Namibia, in the Orange Basin.

The gas will be used to generate electricity from the Kudu 800MW CCGT Power Station to be constructed and run by NamPower (Pty) Ltd and its partners. NAMCOR intends to dilute its interest to a competent organization in good financial standing and with relevant industry skills by no later than 4th quarter 2013.

In the process of diluting its 54% interest in the Kudu project, NAMCOR therefore requests competent companies to submit bids to act as lead advisor.

Evaluation of the bids will be based on the tendererís knowledge of the Kudu project; experience in Merger & Acquisition transactions, attractive fee options (time & materials and success fee), and knowledge on conducting an Exploration and Production (E&P) data room.

Bidding Information

Acquisitions and Divestitures
Related Prooducts: Acquisitions and Divestitures Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
Related Tenders: Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Risk Management

Related Articles

For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.