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Anatomy of a Gulf LNG Bidding War
#30

'Tree' pid='12600' datel Wrote:

[quote='Tree' pid='10376' dateline='1348756281']

EnnerOle has stated all parties they are negotiating with are acceptable to PNG and that they will deliver proposal within 2009 PA framework.  NEC cannot approve a project until all is in order.

What I would do to maximize bids.

1) Require FEED work for proposed scheme is complete to submit bid.

2) I would assign 1 rep from IOC to deal with 1 IB.

3) Collin, Phil and?, maybe Byker.

4) Each rep with IB, selects that IBs best bid

5) 3 IBs = 3 winning Bids.

6) CAs preclude sharing of details with other IBs or each IOC rep from divulging details with each other.

7) Present these 3 bids to IOC BOD and grade them 1-3 in order of BOD preference.

8) Present these 3 to NEC, get conditional approval for all 3 and have NEC rank in preference.

9) Return to each of the 3 with a conditional Gov't approval, binding if they are the winning bidder.

10) Allow 2 weeks for each bidder's best bid, then 1 last BOD meeting and select the winner.

We be at #9 as of Nov. 15th.  This final bid process cannot be open-ended.  Must be a deadline for bidding.  Adding a 90 day final bid period seems reasonable.  That allowed for Ant-3 results and Holidays.  Nov. 15 + 90 days = Mid-Feb deadline on this process?

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Messages In This Thread
Anatomy of a Gulf LNG Bidding War - by Tree - 09-28-2012, 12:31 AM
RE: Anatomy of a Gulf LNG Bidding War - by jft310 - 09-28-2012, 12:43 AM
RE: Anatomy of a Gulf LNG Bidding War - by jft310 - 09-28-2012, 12:57 AM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 09-28-2012, 08:28 PM
RE: Anatomy of a Gulf LNG Bidding War - by jft310 - 09-28-2012, 09:11 PM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 09-28-2012, 09:22 PM
RE: Anatomy of a Gulf LNG Bidding War - by jft310 - 09-28-2012, 09:43 PM
RE: Anatomy of a Gulf LNG Bidding War - by Palm - 09-28-2012, 09:48 PM
RE: Anatomy of a Gulf LNG Bidding War - by jft310 - 09-29-2012, 03:10 AM
RE: Anatomy of a Gulf LNG Bidding War - by jft310 - 09-29-2012, 03:57 AM
RE: Anatomy of a Gulf LNG Bidding War - by jft310 - 09-29-2012, 04:20 AM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 10-01-2012, 01:47 AM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 10-01-2012, 08:36 PM
RE: Anatomy of a Gulf LNG Bidding War - by jft310 - 10-01-2012, 09:20 PM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 10-03-2012, 04:16 AM
RE: Anatomy of a Gulf LNG Bidding War - by jft310 - 10-03-2012, 06:18 AM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 11-16-2012, 01:48 AM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 12-13-2012, 12:32 AM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 01-07-2013, 09:49 AM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 01-25-2013, 02:05 AM
RE: Anatomy of a Gulf LNG Bidding War - by Palm - 01-25-2013, 02:31 AM
RE: Anatomy of a Gulf LNG Bidding War - by Tree - 01-25-2013, 02:56 AM
Anatomy of IOC Buy-Out - by Tree - 01-25-2013, 03:04 AM

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