Client: CPC Corportation, Taiwan
Prelude FLNG, Australia: CPC stake
Task
Identify key issues and make technical and commercial recommendations on value of 2mtpa LNG offtake and CPC equity stake in Prelude FLNG
Needs
Client required technical and commercial due diligence of Shell’s ground breaking FLNG project in NW Australia
Actions
Conduct reviews of:
geology and geophysics;
development plan;
FLNG facilities;
Environmental & safety measures;
Reserves and resources risk assessment;
Full project economic analysis and valuation;
Advise client on realistic range of fair market value;
Advise client on drafting and closing the deal.
Results
CPC REDUCED BID FROM ORIGINAL ESTIMATE, INCREASING CLIENT VALUE
