Business

Upstream Operations

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Integrated Upstream Project Delivery Models

In the capital-intensive, high-risk, and technically demanding Upstream sector, project execution requires more than standard engineering—it demands financial ingenuity, logistics excellence, and advanced risk management.

Exim offers a versatile suite of project delivery frameworks designed to optimize CAPEX, reduce OPEX, mitigate subsurface risks, and accelerate the timeline to First Oil and First Gas. These models integrate subsurface geology, drilling engineering, surface facilities, and capital markets into unified execution systems.

1. EP & EPC (Engineering, Procurement, and Construction)

Exim delivers full lifecycle responsibility for upstream surface facilities, infrastructure, and processing plants, ensuring seamless integration from wellhead to export pipeline.

Engineering & Procurement (EP): FEED and detailed engineering across process, mechanical, piping, electrical, instrumentation, and structural disciplines. Strategic global sourcing of long-lead items including high-pressure manifolds, multiphase flow meters, separators, chemical injection skids, and MOL pumps compliant with API, ASME, and NACE standards.
EPC Turnkey Execution: Full accountability for schedule, cost, quality, and safety across construction and commissioning phases.
Facilities Delivered:
- Wellhead platforms and offshore jackets
- Flowlines and trunklines
- Gas-Oil Separation Plants (GOSPs)
- Produced water injection systems
Commissioning: Advanced CMS-based cold and hot commissioning ensuring safe and optimized startup.

2. EPD (Engineering, Procurement, and Drilling)

The EPD model integrates drilling operations with surface engineering into a unified delivery system.

Well Engineering: Full lifecycle well design including trajectory planning, casing design, mud program, and cementing tailored to HPHT conditions.
Rig & Services: Mobilization of land rigs, jack-ups, and semi-submersibles, plus MWD, LWD, directional drilling, RSS, and smart completion systems.
Risk Management: Absorption of drilling risks such as stuck pipe, mud loss, and tool failure with performance-based delivery models (cost per foot or time-depth metrics).

3. EPCF (Engineering, Procurement, Construction, and Financing)

The EPCF model integrates engineering execution with structured international financing solutions to overcome capital constraints.

Financial Structuring: Collaboration with investment banks, ECAs, DFIs, and private equity institutions to arrange syndicated loans, buyer’s credit, and deferred payment structures.
Production-Backed Financing: Repayment aligned with production output, enabling self-financing upstream assets.
Integrated Delivery: Seamless coordination between developers, contractors, and financiers from feasibility to production.

4. BOT & BOO (Build-Operate-Transfer / Build-Own-Operate)

Infrastructure-as-a-service models designed to reduce CAPEX burden and optimize operational efficiency.

BOO Model: Exim finances, builds, owns, and operates facilities such as EPFs, gas recovery units, and MOPUs with throughput-based tariffs.
BOT Model: Full lifecycle delivery with defined concession periods, KPI-based operation, and final asset transfer with trained local workforce.

Why Partner with Exim?

Subsurface-to-Surface Integration: Unified reservoir, drilling, and surface engineering execution.
Advanced Project Management: Earned value management, strict QA/QC, and world-class HSE standards.
Flexible Financial Structures: EPCF, BOT, and BOO models to unlock capital-constrained or stranded assets.

Sanctions-Proof Payments

Guaranteeing payment execution across restricted corridors, where major global banks refuse service.

FX Risk Mitigation

Protection against currency volatility through strategic hedging and local currency options.

High-Speed Settlement

Rapid, secure transfer of large-volume funds to prevent delays in cargo dispatch or release.

Full Audit Trail & Compliance

Every transaction includes a complete, traceable audit trail, satisfying internal and external regulatory demands.

Client Q&A

Understanding Exim Company’s Money Transfer Process

01. How does Exim Company ensure the funds transfer is sanctions-compliant if it involves entities in the CIS region?

We rely on our specialized Compliance Desk and licensed banking partners outside traditional Western correspondent chains. Every transaction undergoes rigorous screening against global sanctions lists (OFAC, EU) and is structured using alternative, transparent channels that meet the due diligence requirements of the regional banks we utilize.

02. Can Exim facilitate high-volume payments in currencies other than the US Dollar or Euro?

Yes. Our strength is flexibility. We routinely execute high-volume transfers settled in currencies like the UAE Dirham (AED), Chinese Yuan (CNY), and other regional currencies required by our clients, thereby facilitating trade in the accelerating De-Dollarization environment.

03. What is your process for managing the currency risk when I agree to pay my supplier in a highly volatile local currency?

Before finalizing the contract, we consult on FX Hedging. We utilize financial instruments, often forward contracts, to lock in the exchange rate at the time the trade is agreed upon, effectively insulating your profit margin from adverse currency swings during the transaction period.

04. If I need to pay a supplier in full before the cargo is shipped (pre-financing), can Exim provide a secure payment mechanism?

Yes. We can hold your funds securely in escrow or structure a controlled advance payment through a documented arrangement. This ensures the supplier receives their commitment while providing legal protection and clear release instructions tied to a verifiable milestone, such as the Pre-Shipment Inspection (PSI).

05. My bank is raising concerns about the origin/destination of the funds (AML/KYC). How does Exim mitigate this?

Our primary value is providing transactional integrity. We link the financial transfer directly to the verifiable underlying trade (customs documents, Bill of Lading, Commercial Invoice). By providing a full, auditable trade documentation package for every transfer, we satisfy the strict KYC/AML requirements of our banking partners, reducing scrutiny and accelerating approval.