Connaught specialize in troubleshooting and turnaround of distressed projects.
We have successfully several turned around Renewables, Oil & Gas, Process, Real Estate and other infrastructure projects in the Middle East and Asia.
Upon deployment, Connaught test for and analyse the underlying root causes, and Report on causes and initial solutions. Once agreed with Clients, these are developed into Action Plans to stabilise the Project.
Our portfolio of successful turnarounds includes :
Renewables
Resolution of perceived validation issues and contractual claims on East Anglia One package
Identification and prosecution of delay / acceleration claim on Moray Firth wind project
Prosecution of conformance issues and delay claims on Seagreen Jackets
Oil & Gas
Cost and time claims for aggregated scope changes to off-shore drilling platforms
Revised performance parameters for Super 116e jack up rigs due to incremental weight changes
Negotiation of settlement of major issues affecting control facilities for a UAE offshore production facility
Prosecution of Claims enabling restructuring of Contract for Blast Shelters for a Kuwaiti refinery
Acted for Owners defending Contractors claims for capacity upgrade to an onshore UAE gas plant
Rail
Identification and negotiation of major logistic changes on rail tunnel project in Hong Kong
Preparation of major structural delay claims for station structure on Riyadh Metro
Real Estate
Restructuring of a stalled office tower in UAE, leveraging unsold units to negotiate a new Financial Close involving the Developer, Municipality, Consultant, Contractor and supply chains.
Resolution of a termination situation on a stalled retail / office project in Doha, and facilitating agreement between Client and Contractor to reset price and completion date.