United Arab Emirates
Upper Zakum field
Evaluated the technical bidding process for stakes in the largest offshore field — the fourth largest oil field in the world at some 500,000 BOPD. Provided technical and management advice in the sale of working interests. Ensured that the tender evaluation process returned maximum value to the country while assuring bidders of a fair, transparent bidding process. Technical evaluation of the assets identified the highest value-added components for the national oil company. The custom system incorporated procedural recommendations for the bid evaluation process and a quantitative tool to measure technical merits of bids. The initial upstream asset sale was expected to be the largest divestiture by any government to date.
Evaluated technical bidding process for stakes in a large, high-pressure, extremely sour gas reservoir. Provided technical and management advice in the sale of working interests.