Vitol

Vitol OCTP Ghana -Vitol Upstream Ghana Limited

Borrower(s)
Vitol
Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Export & Agency Finance
Region
Africa
Africa
Countries
Ghana

Deal Overview

Vitol has raised a rare, and possibly its first, borrowing in the ECA-backed project debt market - a $1.35 billion 10- and 12-year multi-sourced facility to finance its share in the $7.9 billion Offshore Cape Three Points (OCTP) oil and gas project.The deal is claimed to be the first upstream oil...

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Deal Volume
$1.35bn
Financial Close
14/12/2016
Dealmakers
Cristina Bergomi

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Guto Davies

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John Dewar

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Joe Shephard

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Joshua Edwards

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Jonathan Roberts

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Oliver Irwin

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Philip Walsh

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Sources
Submitted by participant(s)

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