Contracts. Compliance. Confidence.
Ashaw Energy provides comprehensive commercial services for operators, government authorities, and joint ventures (JV) to ensure smooth project execution, regulatory compliance, and optimized contract performance.
- Contract Development & Compliance
We support the development, modification, and tracking of key agreements:
- Production Sharing Agreement (PSA)
- Risk Sharing Agreement (RSA)
- Joint Operator Agreement (JOA) & Accounting Agreements
Why it matters: Using generic industry templates can create issues, such as:
- Ambiguity in project objectives
- Misallocation of personnel and project costs
- Lack of transparency in monthly expenditures and cash calls
- Missing agreed Well Delivery Process for Stage Gates
- Insufficient documentation for JV partner oversight
- Well Service Company Contracts
We manage the full contract lifecycle for drilling rigs, well services, civil works, and seismic operations, including:
- Invitation to Tender (ITT) creation
- Technical and commercial tender management
- Contract negotiation and finalization
- Well engineering planning (Drilling & Completion Basis of Design – DBOD & CBOD)
- Contract Administration & Compliance Tracking
Our services include:
- Invoice issue resolution
- Monitoring contract compliance and Non-Productive Time (NPT)
- Managing contract modifications and grey areas
- Conducting financial audits and investigations
- Well Risk Assessment & Design
We ensure:
- Compliance with local regulations and international best practices
- Engineering and operations planning aligned with insurance industry standards
- Oversight for drilling, completion, and abandonment operations
