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E&P of 7 Oil Blocks in Republic of Yemen   Message List  
Reply | Forward Message #8426 of 9421 |
All
 
If you have anyone interested to JV with malaysian company for oil E&P in yeman, please let me know. I spoke to him 2 weeks ago, and he send several docs [about 5mb - i will only send if we have keen investors]. We can make agreement with prospective investor in order to secure our fees/commissions.
 
thanks
 
Zifri
London 
zifri78@...
 
----------------
 
We also have the following:
     - D2 - mthly contract, via singaporean mandate, pricing around $400 pmt CIF [the pricing is expected to increase soon as oil price in general is expected to increase]    
    - D2 -  via european mandate, PLATT minus $40 pricing 
    - we also have JP54, mazut
   - BLCO direct from seller based in London.
   - CPO - crude palm oil - The price will be around 5% discount, of market quoted price by MPOB [malaysian palm oil board] , CIF ASWP. This sale is coming through My cousin in malaysia.
    - cement/construction materials
    - urea
 
---------------------------------------------------
 
Dear Zifri,
 
We are looking for the International Oil Exploration company cum Investor which will collaborate with our company (special project vehicle company) to undertake the Exploration & Production for the 7 oil blocks. Our main function is to secure the oil & gas block to IOC. The IOC need to JV with our company in order to get the oil block. The equity ratio is 75:25 where IOC will hold the majoirty and we hold the rest. 25% is the free share. The IOC will become our joint venture partner (operating partner) which will provide capital and technical backup to us. Also training and technology transfer. IOC also need to setup their office in Yemen. After setup the JV Company, we will then sign the PSA with Yemeni company based on 90:10 (negotiable) share ratio. .

 

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Sun Jan 11, 2009 7:02 pm

zifri
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Message #8426 of 9421 |
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All If you have anyone interested to JV with malaysian company for oil E&P in yeman, please let me know. I spoke to him 2 weeks ago, and he send several docs...
Zifri Baharudin
zifri
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Jan 12, 2009
12:25 pm
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