Due Diligence Services
The oil and gas sector is characterized by large investments, major technological challenges, and significant commercial and political complexity, exposing owners to financial, safety, and environmental risk.
Due diligence is an essential requirement when acquiring, investing, divesting, or providing project finance. You need to know precisely what is being sold, its condition, and the commercial, technical and environmental risks involved.
Portal Oil & Gas Marine regularly acts as independent consultants, engineers, and technical advisors to lenders, owners, and investors. Our evaluation services can help clients reduce risk, lower the cost of transactions, and increase actual value.
Our due diligence services give our clients a richer understanding of prevailing risks, and the risks mitigations values, and assist them to make investment decisions with confidence.
Our due diligence services include seller, buyer, industry regulators, partners, and project due diligence services and support.
These enable project promoters, lenders, and potential partners to assess and price the prevailing risks to achieve project goals.
We conduct:
• Site assessments to evaluate day-to-day operational and safety risks and the ability to deliver on manning, transport, and other critical issues.
• Overall evaluation and review of governance and operating procedures including KPI, procurement, regulatory permits, emission requirements, and other environmental issues.
• Asset integrity reviews including benchmarking performance, operations, and maintenance and confirming compliance with industry standards.
• Advising on the business and project implications of technical risks.
• A complete review of capital programs, project systems, planning, and forecasts.
• Assessing future decommissioning obligations, costs, and risks.
Portal Oil & Gas Marine avails its clients:
• Comprehensive industry knowledge and project expertise
• Access to industry cost and schedule experience data
• Effective project risk modeling
• Large pool of specialists
• Reliable risk analysis and mitigation model
• Reliable project cost estimation
• Independent technical and commercial advice
• Monitoring of the condition, progress, or performance of assets.
• Assessment of environmental and social costs of the project.
• Reduced risk avoidance and hidden pitfalls in contracts.
• Improved accuracy of valuations.
• A stronger negotiating position.
• Identification of alternative or complementary potential partners.
• Identification of alternative or complementary technologies.