FPSO John Agyekum Kufuor

Client: Lead Coordinating Bank

Region: Ghana

Office: Southampton

Lender’s technical advisor, completing technical due diligence in advance of finance closing.

Inspecting the vessel both in China and Singapore during the execution phase and reporting to Lenders on progress.

Vessel visit and detailed project review prior to sail-away.

Guarantee release review carried out as a desktop exercise.

Crondall Energy also supported Lenders during a subsequent Islamic loan refinance and through 2019 Crondall Energy carried out detailed reviews of the vessel’s reliability and operational performance to support Lenders in a further refinancing.

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Lender’s technical advisor, completing technical due diligence in advance of finance closing.


Scope included:

· Technical due diligence of proposed FPSO design (hull, topsides & spread mooring system).

· Review of project execution plans budget and schedule.

· Review of key project construction, charter and operations/maintenance contracts.

· Delivery of due diligence report & handling of Lender’s clarifications.


Inspecting the vessel both in China and Singapore during the execution phase and reporting to Lenders on progress.


Vessel visit and detailed project review prior to sail-away.


Guarantee release review carried out as a desktop exercise.


Crondall Energy also supported Lenders during a subsequent Islamic loan refinance and through 2019 Crondall Energy carried out detailed reviews of the vessel’s reliability and operational performance to support Lenders in a further refinancing.