Penspen win FEED contract Ghana

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Penspen win FEED contract Ghana

Penspen, a leading global provider of engineering and management services to the energy industry, has been awarded a contract from Bulk Oil Storage and Transportation Company Limited (BOST) to conduct a Front End Engineering Design (FEED) study for further development of the Ghana Natural Gas Interconnected Transmission System.

BOST, the holder of Ghana’s Natural Gas Transmission Utility license, has a mandate to operate, maintain and further develop the nation’s first country-wide gas transmission network, as part of Ghana’s national agenda to exploit gas as an efficient and cost-effective means of augmenting power supply. The first phase of this build-out will be the addition of approximately 750 kilometres of pipeline from Aboadze to Tema, and from Prestea to Buipe, via Kumasi.

Penspen will be involved in all aspects of the engineering and project management. The engineering work will take place over a twelve month period and will be carried out by Penspen’s team in London and Accra.

Peter O’Sullivan, CEO of Penspen said: “We are pleased to have been selected by BOST to provide our engineering expertise for this significant project, which will increase availability and improve accessibility to energy across Ghana.

This major investment in the country’s energy infrastructure will help boost its economic growth over the next decade. Our team’s experience in conducting many similar projects worldwide, accompanied by our strong commitment to developing Ghanaian local expertise and capabilities as part of this contract, will ensure that Ghana’s gas network derives the maximum value from this investment.”

Kwame Awuah-Darko, managing director of BOST, said: “Our team has been working hard to develop BOST into a credible Natural Gas Transmission Utility for the nation. This major development, which is an integral part of our long term strategic plan, is an important step forward not just for BOST, but for the country – and will serve as a catalyst to help boost economic growth. We selected Penspen – following an extensive, international open tender – on the basis of its team’s deep experience and high calibre, and we look forward to working together.”

Source: www.penspen.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.