Energy & Power Services Enviornment Protection Services Financial Services ICT Services Transport, Logistics & Urban / Regional Development

Energy & Power Services

In the Energy & Power sector, AIGC deals with the “commercial” side of the Project:

  • Contract Administration and Close-Out
  • Financial Administration of the Project
  • Procurement

Each activity is of particular importance for the final success of the Project. However, the Procurement function is critical and fundamental to managing the project successfully:

  • It has a significant impact on project cost. The purchase of material and equipment account for between 50 to 60 percent of the typical process plant.
  • It has a significant impact on project quality. The reliability and quality of products from different vendors can vary widely and can have a significant effect on the cost and ease of future operation and the safety of the finished plant.
  • It has a significant impact on the project schedule. In most projects the delivery of major equipment and materials to site, pace the efficiency of the construction effort. Essentially it determines the final completion date of the project. Vendor’s capacity to meet delivery deadline variations and disruptions to promised delivery dates can play havoc with project schedule and site productivity.

As a consultancy service provider, therefore, AIGC will absolutely assure the Title-holder that the procurement of the project is being effectively managed.

Upstream Consultancy Services

AIGC consultancy service begins with Contract Administration. AIGC looks at how the Owner must administer the contract that he signed with the Engineering, Drilling, and Construction Contractor and discusses the type of relationship that the owner should strive to develop with the Contractor.

AIGC consultancy service continues up till Contract Finalization. AIGC deals in detail with the final phase of administering the contract upon which the normal completion of the Contractor’s Scope of Work is reported and graded. The Final Report addresses the key factors to the project’s success or failure. The main factors reported are the financial standing of the project upon completion, as well as the completion deadline dates, which were met on time.

Midstream Consultancy Services

Midway in the project life, AIGC begins a global “Contracting Plan”, which delivers on construction, storage and logistics work.  AIGC supervises the contract in which the Owner contractually delegates responsibility for contract supervision to AIGC.

AIGC can also be used for contracting and/or subcontracting construction, storage and logistic work. Unit Price, Fixed Price construction contracts are awarded to construction contractors with AIGC being nominated as the third party member responsible for contract administration and supervision.

Downstream Consultancy Services

Downstream, AIGC concentrates on the Financial Administration of the Project. AIGC ensures that the Owner’s expenses are properly controlled, accounted for and protected. It thus embraces three main sub-topics:

  • Financial Control is the ongoing management of the Owner’s project commitments and expenditure against plans and budgets.
  • Financial Accountability encompasses the Owner’s responsibility to account for the funds entrusted to it by the Sovereign Government.
    • Where is the money going?
    • What is the Owner getting for it?
    • Is the Owner getting true value for money?

These considerations are reflected in the Owner’s project invoice approval and project accounting system. AIGC could be contracted to ensure the Owner’s expenses are properly controlled, accounted for and protected.

  • Financial Protection, refers to the normal business practice of protecting the Owner against unusual financial loss from
    • Contract default
    • Risks such as accidents, fires, etc.
    • Large currency fluctuations

Demand for OPEC crudes will increase significantly during the period. The situation will provide opportunities for African OPEC countries to increase both its sales and market share in its most profitable markets. The most important market due to distance will be Europe, but strategic consideration will dictate that a reasonable balance be maintained between the developed and emerging regions (U.S, Europe and BRIC).