Niko
Sector: Oil and Gas • Location: South Asia Region
Source: International Finance Corporation (IFC)
IFC has been asked by Niko Resources Ltd. (“Niko” or the “Company”) to consider providing financing together with some other investors to support the Company in the following areas:To finance the capital expenditure program in the KG-D6 block in India, consisting of (i) work-over of existing wells in the D1-D3 field, (ii) the development of the R-cluster and Satellite fields, and (iii) upgrading t
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | IFC has been asked by Niko Resources Ltd. (“Niko” or the “Company”) to consider providing financing together with some other investors to support the Company in the following areas:To finance the capital expenditure program in the KG-D6 block in India, consisting of (i) work-over of existing wells in the D1-D3 field, (ii) the development of the R-cluster and Satellite fields, and (iii) upgrading the surface facilities; To finance the capital expenditure plan in the Block 9 in Bangladesh, consisting of (i) two development wells, (ii) upgrading the production facility, and ( iii) installation of additional compression to arrest production declines; andTo restructure the Company’s debt by refinancing expiring debt instruments with loans of a longer maturity.In addition to providing the financing, IFC together with other anchor investors plan to help improve the Company’s environmental and social management systems and corporate governance which are considered critical by the Company for a future growth. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
