Oil & Gas Refinery Expansion in Indonesia
Delphos 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.
Details
Category
- Oil & Gas
Client Name
PT Tucan Pumpco Services
Services Provided
- Capital Raising
Region
- Asia
Country
- Indonesia
