Oil & Gas Refinery Expansion in Indonesia

Delphos International structured and negotiated a $4.5 million, 9-year loan from the Overseas Private Investment Corporation ("OPIC") to support Tucan Petroleum Services de Venezuela S.A. expansion in Indonesia. Tucan is a privately held oil well services company incorporated in Venezuela and majority-owned by a U.S. investor. Loan proceeds were applied to the purchase of additional fixed assets, start-up working capital, and financing costs.

Project Details

Client Name: 
PT Tucan Pumpco Services

Location Region: 
Southeast Asia

Services Provided: 
Project Finance & Investment Support

Industry: 
Oil & Gas