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Transactional Services

Identifying issues before they arise

Through our transactional services, we assist banks, financial institutions, law firms and asset owners in making well-informed investment decisions. With our cross-disciplinary teams, we gather, examine and analyse all available information and on-site inspection findings to give clients an overall view of the current and projected performance of an asset or business. In addition, we provide initial and final reports and carry out follow-up activities as needed, such as construction and operations monitoring.

What we offer

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

  • Building on our expertise and values
  • Leveraging our multidisciplinary teams and cutting-edge capabilities
  • Optimising opportunities and value creation
  • Reducing or mitigating risks with innovative solutions

    Technical Due Diligence

    The overall objective of Technical Due Diligence (TDD) 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 the intended purpose or operation is typically included.

    A TDD exercise aims to disclose risks in order to enable transaction parties to manage risks posed by issues such as such as cost overruns, delays as well as poor technical and operational performance.

    We translate unclear dependencies into quantifiable items, in the form of a risk matrix/register:

    Commercial Due Diligence

    The overall objective of a Commercial Due Diligence (CDD) is to scrutinise a company and its assets’ commercial attractiveness and provide a full overview of its internal and external environments. This is typically prior to an investment decision.

    We provide a thorough understanding of a company and its assets’ ability to meet forecasted results, considering 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 can be made.

    Owner’s Engineer

    Acting as an Owner’s Engineer, we provide the prospective owner/buyer with an improved understanding of technical issues allowing informed decisions to be made, such as 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 a Lender’s Engineer, we 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 be in the follow-up of the construction of a single piece of equipment or a complete system or structure. Also, elements such as cost, schedule and project team composition, would typically be included. This role typically extends to other areas such as engineering, construction and commissioning.

    Construction Monitoring

    Making sure that construction is progressing as intended is key to meeting project objectives, successful handover and final acceptance. Factors such as time, cost and quality must be monitored over time to make sure that no single issue is allowed to develop into a serious one. 

    During construction monitoring, monthly or bi-monthly progress reports are typically issued to clients, regarding key project milestones and more.

    Contact Information

    Molde
    Axess AS
    Oscar Hanssens vei 5
    6415 Molde
    +47 982 43 600
    Bergen
    Axess AS
    Kokstadflaten 35
    5257 Bergen
    (duty): +47 982 43 600
    Stavanger
    Axess AS
    Travbaneveien 3
    4031 Stavanger
    (duty): +47 982 43 600
    St. John's
    Axess Baffin Inc.
    702 Water Street, Suite 201
    St. John's, Newfoundland
    +1 709 758 7937
    Houston
    Axess North America Inc.
    1400 Broadfield Suite 300
    Houston Tx. 77084
    +1 (281) 994-0367
    Ciudad del Carmen
    Axess Operations De Mexico S de RL de CV
    Calle Bosque de Ciruelos 180 PP 101
    Colonia Bosque De Las Lomas
    CP 11700 Cuidad De Mexico
    +52 938-152-7688
    Aberdeen
    Axess North Sea Ltd.
    Axess House,
    Twin Spires Business Park,
    Mugiemoss Road, Bucksburn,
    Aberdeen, AB21 9NY
    (duty): +44 (0) 78 5303 6111
    Georgetown
    Axess Guyana Inc.
    2 Avenue of the Republic
    Georgetown, Guyana
    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
    Axess Offshore Africa Ltd.
    Edificio Joia Rara, 3º Andar 3.5/3.6,
    Av. Revolução de Outubro No 8, Cassenda, Maianga
    Luanda, Angola
    +244 933 316 388
    Cape Town
    Axess Offshore Africa Ltd.
    Office 106, 1st Floor, Block 2,
    Northgate Park, Brooklyn
    Cape Town, South Africa
    +27 21 001 9540
    Trondheim
    Axess AS
    Nedre Bakklandet 58C
    7014 Trondheim
    (duty): +47 982 43 600
    Orkanger
    Axess AS
    Grønøraveien 1
    7300 Orkanger
    (duty): +47 478 37 300
    Oslo
    Axess AS
    Fridtjof Nansens plass 4
    0160 Oslo
    (duty): +47 982 43 600
    Dammam
    Axess for Oil Services
    3141 Anas Bin Malik, Al Malqa Dist.
    Riyadh, Kingdom of Saudi Arabia
    +966 59 427 0293
    Dubai
    Axess Middle East DMCC
    807 X2 Tower, X Cluster,
    Jumeriah Lake Towers
    Dubai, UAE
    +971 4565 7913
    Busan
    Axess Offshore Korea LLC
    22nd Floor KNN Tower, Centum-ro 30
    2203-ho, Haeundae-gu
    Busan, South Korea
    +82 10 2696 2016
    Mumbai
    Axess AIM India Pvt. Ltd.
    B2-701, 7th Floor,
    Kanakia Boomerang,
    Chandivali Farm Road
    Andheri East, Mumbai- 400072
    +91 22 4604 3533
    Singapore
    Axess Offshore Pte Ltd
    Nordic European Centre, #05-31 South Wing,
    3 International Business Park
    Singapore 609927
    +65 6908 4174
    Perth
    Axess Offshore Australia Pty Ltd
    304 Newcastle St
    Perth WA 6000
    +61 4 3373 0739