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