Major International Energy Company

Due Diligence and Planning for a new 2 billion USD Joint Venture Business

Cogitant has worked over an extended period with this client preparing and reviewing plans for a major new Joint Venture to be undertaken with one of the largest companies in Asia. The JV will include fuels retail and aviation activities, building on existing upstream relationships between the parties. Mike built a detailed picture of the counterparty's existing business and IT activities based on Virtual Data Room contents and other sources. He also participated in due diligence visits to the counterparty's offices and sites, reviewing materials collected and preparing reports for the client.

Heads of Agreement were signed in August 2019, with the first in a series of detailed business agreements being signed in December 2019. The new JV business moved into live operation in July 2020.