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Transactional Services

Identifying issues before they arise

With our cross-disciplinary team, we gather, examine and analyze all available information and on-site inspection findings to give you an overall view of the current and projected performance of an asset or business, allowing you to make value-adding investment decisions.

Through our transactional services, we assist banks, financial institutions, law firms, and asset owners in making their investment decisions. Axess provides initial and final reports and carry out follow-up activities as needed such as construction and operations monitoring. 

 

Why choose Axess as your partner

We provide prospective investors with an improved understanding of assets through:

  • Building on existing Axess Group’s expertise and values
  • Leveraging our multi-discipline team of consultants
  • Fast and flexible response
  • Availability of cutting-edge capabilities
  • Optimizing opportunities and value creation 
  • Reducing or mitigating risks with innovative solutions

Technical Due Diligence

The overall objective of Technical Due Diligence is to provide clients with a qualitative evaluation of Technical risks associated with an asset such as Execution Strategy, Design, Rules and Regulations, Operations Philosophy, Equipment, and more generally, overall condition. An opinion of the overall adequacy of an asset for intended purpose/operation is typically included.

A Technical Due Diligence exercise aims to disclose risks in order to enable transaction parties to manage risks to their business objectives posed by project risks such as cost overruns, delays as well as technical and operational performance in the operations phase. Risks can be significantly reduced by highlighting important facts and provide advice on importance.

Our full range of Technical Due Diligence services aims to translate unclear dependencies into quantifiable items e.g. in the form of a risk matrix/register:

Commercial Due Diligence

The overall objective of a Commercial Due Diligence (CDD) is to scrutinize a company/assets commercial attractiveness and provide a full overview of the internal/external environment. This may typically be prior to an investment decision.

A CDD from Axess will provide a thorough understanding of a company/assets ability to meet its forecasted results including the effect of the external landscape in which it operates/will operate in. Both the competitive landscape and market share will be taken into consideration. Based on this, an informed decision on whether to proceed or walk-away can be made.

Owner’s Engineer

Provides the prospective owner/buyer with an improved understanding of technical issues allowing informed decisions to be made – prior to e.g. an investment decision. In this role, we may look into and opine on items such as:

  • Design
  • Main Project Participants
  • Risk Register
  • Project team
  • Contracts
  • Project Schedule
  • Budget (CAPEX) including contingencies
  • Market
  • Economic Robustness
  • Operations Philosophy
  • Operations Budget (OPEX)
  • Rules, Regulations, and Class

Lender’s Engineer

Acting as Lenders Engineer, Axess will protect the interests of a lender for example that HSE requirements are adhered to or that quality of workmanship is in accordance with specifications. This involvement may range from following up the construction of a single piece of equipment to a complete system/ structure. Also, elements such as cost, schedule project team composition etc. would typically be included. Lenders Engineer role typically extends for a longer duration, through engineering, construction, and commissioning.

Construction Monitoring

Making sure that construction is progressing as intended is key to meeting project objectives, successful hand-over, and final acceptance. Both time, cost and quality must be monitored over time to make sure that no issue is allowed to develop into some serious issue.  

During construction monitoring reports are typically issued regularly to clients for example related to key project milestones, monthly/ bi-monthly or any other format.

Contact Information

Molde
Axess AS
Oscar Hanssens vei 5
6415 MOLDE
+47 982 43 600
Aberdeen
Axess North Sea Ltd.
Units 6 & 19 Robert Leonard Centre
Howe Moss Drive, Kirkhill Industrial Estate, Dyce AB21 0GG, UK
(duty): +44(0) 7912212854
St. John's
Axess Baffin Inc.
702 Water Street, Suite 201
St. John's, Newfoundland
+1 709 758 7937
Bergen
Axess AS
Kokstadflaten 35
5257 Bergen
(duty): +47 982 43 600
Houston
Axess North America Inc
15915 Katy Freeway, Suite 501
77094 Houston, TX
+1 (281) 994-0367
Ciudad del Carmen
Axess De México
+1 (281) 994-0367
Stavanger
Axess AS
Koppholen 25, 4313 Sandnes
Stavanger, Norway
(duty): +47 982 43 600
Rio de Janeiro
Axess do Brasil Ltda
Rua Dezenove de Fevereiro
171 - Botafogo
CEP 22280-030 Rio de Janeiro
+55 (21) 4108-0532
Accra
Axess Petrorig Ghana Limited
3rd floor, The Pelican
8 Blohum Street, Dzorwulu, Accra, Ghana
+233 (0) 30 397 0548
Luanda
Rainha Ginga
127 Luanda, Angola
+27 82 202 5266
Cape Town
Axess Africa Ltd.
1 Nares Street
Observatory
7925 Cape Town
+27 82 202 5266
Trondheim
Axess AS
Nedre Bakklandet 58C
7014 Trondheim
(duty): +47 982 43 600
Orkanger
Axess AS
Grønøraveien 1
Orkanger
7300 Orkanger
(duty): +47 41 78 06 30
Oslo
Axess AS
Filipstad Brygge 1, 3rd Floor
Oslo, Norway
(duty): +47 982 43 600
Busan
Axess Offshore Korea LLC
#103 (Aju-dong Hyunjin Evervil) B1 Yang 1-gil, Geoji-Si
Gyeongsangnam-do, South Korea
+82 10 8929 2016
Mumbai
Axess Offshore (Mumbai)
WeWork, Building Zenia
Unit No. 5-119 Hiranandani Circle
Hiranandani Estate
Thane, Maharashtra 400607, India
Singapore
Axess Offshore Pte Ltd
Nordic European Centre #05-31 South Wing
3 International Business Park
609927 Singapore
+65 6908 4174
Perth
Axess Offshore Australia Pty Ltd
304 Newcastle St
Perth WA 6000
+61 4 3373 0739
Perth
Axess Offshore Australia Pty Ltd
140 St Georges Terrace L28,
Perth WA 6000
+61 4 3373 0739
Map of Departments Molde Aberdeen St. John's Bergen Houston Stavanger Villahermosa Rio de Janeiro Accra Luanda Cape Town Trondheim Orkanger Oslo Busan Mumbai Singapore Perth