Due Diligence

Digging through the detail When you are looking to invest, whether it is in a new asset or the upgrade of an existing one, balancing cost and benefit is crucial, and across the complexities of a large-scale or small-scale scale facility it is important to explore all the angles. We do this with vision rigor, and extensive multidisciplined experience.

We provide services for the whole asset life cycle so we bring understanding of the early greenfield development phases right through operational life and brownfield modifications to decommissioning, and we work across a broad range of asset types and markets: fixed or floating, shallow or deep, onshore or offshore, hot or cold, energy, clean Energy, process and utilities.

Feasibility

When assessing early project feasibility, you need to address two key questions; can we do it? And can we afford it? Technical and commercial feasibility are of course interlinked and we can help you understand all the implications to make the right decision and build the justification. Whether you are looking for further investment, project sanction, or license award we can tailor our output to your audience. We are feasibility experts, it’s what we love to do and we understand the impact of correct feasibility assessments.

Experience and expertise

Our approach is solution and technology independent so we can always recommend the most appropriate way forward with no bias. Our technical experts are leaders in their fields and we consult widely through our business and associate network to ensure we capture a balanced opinion informed by experience and expertise. The diversity of our solutions reflects our varied and unique experiences carrying out some of the most complex and challenging projects in some of the most amazing parts of the world. We have multi-skilled, multi-disciplined consultants who have worked for some of the most well-known consultancies and on some of the most unique projects. We aren’t the largest consultancy around which we feel is our strength, but what makes us special is our people and their experiences and the passion and devotion to offering our clients nothing but our absolute all in everything we do. Many of our consultants are technical or discipline experts, all of them working on live projects. We are able to tap into the expertise of our associates as and when needed to delivery exactly what is needed by our clients.

Alongside our diverse regional experience within the usual disciplines we have a wide range of specialisms including, pipelines, risers, flow assurance, integrity, subsea, commissioning and decommissioning. Our deep understanding stems from first-hand experience of many scenarios including:

  • Environmentally sensitive developments
  • Remote locations and limited infrastructure
  • Asset selection or purchase
  • Asset purchase and relocations
  • Technical challenges
  • Deepwater facilities
  • Topsides and subsea interfaces
  • Complex modifications
  • Extreme environments
  • Carbon capture
  • Clean energy solutions

Technical and commercial assessments

Cobra has a proven approach to project assurance and can help facilitate, support and manage peer review sessions. We can also help you assess the risk and calculate the financial impact of your choices. With in-depth Studies knowledge we provide valuable insight and effective CAPEX,OPEX and ABEX estimates to help you make the right decision for your business.

We can also support our customers with due diligence and commercial services such as business interruption insurance, technical and commercial assessments, verification, compliance and risk assessments.

Post event, if required we can provide damage inspection services, quantification and costing, root cause investigation and reinstatement strategies to ensure you have all the information available to make informed commercial decisions. We also endeavour to get our customers back up and running by providing operational readiness solutions that are asset and customer led.

Diligent support

So why choose Cobra apart from our energy, passion and client focused approach? Well just a few reasons include:

  • Supporting our clients in assessing the technical and/or economic feasibility of potential investments or farm ins. Our services can also be tailored to support the sanctioning of new projects, award of licenses for proposed/existing facilities, or equity fundraising.
  • Providing our clients with access to our multidisciplined associate consultants with specialists in all areas from wellheads to product delivery including subsea, pipeline and riser engineering; flow assurance, Facilities both on and offshore, project management; engineering and construction management; commissioning, operations & maintenance and decommissioning. Phew that’s a lot of expertise!
  • Our extensive database of cost estimates and norms for some of the most complex global regions on projects that we have worked directly on is impressive but then when we can back up our data which is benchmarked against projects that have actually been completed then this gives you the assurance that we know what we are talking about.
  • Our range of services are exceptional and include:
    • Design reviews, verification and peer reviews of oil/gas engineering design documentation for proposed or existing assets,
    • Owners engineer support,
    • Project risk assessments and value engineering,
    • Technical audits of purchased/installed equipment for existing facilities,
    • Cost estimation and schedule development or verification,
    • Regulatory Compliance,
    • Operational readiness reviews,
    • Support to banking & commercial services

Cobra has expertise across a wide range of industry projects and understands the challenges associated with due diligence studies of all types. We are diligent in everything we do and honest in our approach.