Support for annual re-determination of loan facilities
OPC was retained by a leading international bank to provide technical expertise into the annual re-determination of loan facilities for the bank’s clients who have multiple assets across Egypt and Oman
OPC’s remit was to perform an independent evaluation of the assets, including performing a GAP analysis and generating an economic model with OPC generated production and cost profiles for the bank and sub-lenders to utilise during the re-determination process.
This project was a follow-on from work undertaken in 2019 when OPC performed a number of technical reviews on behalf of the bank. In the original project, a number of inaccuracies were identified in the operator’s reports and a more accurate forecast was provided to the bank, which was able to approve the investment decision as a result of the more accurate data we provided.
