Micoperi awarded Ghana EPC contract

expat network

Micoperi awarded Ghana EPC contract

Micoperi SPA have signed an Engineering, Procurement and Construction (EPC) contract with Quantum Power Ghana Gas Limited (“Quantum Power”) for the TemaLNG import terminal located close to Accra in Ghana (“TemaLNG Project”). Earlier this year, the Tema LNG Project executed an offtake agreement with Ghana’s national oil and gas company and national gas aggregator, Ghana National Petroleum Corporation (GNPC) as well as a time charter party agreement with Höegh LNG of Norway. The contract is subject to customary conditions precedent.

The EPC contract is for the construction of the full off- and on-shore project infrastructure, which will connect the Floating Storage Regasification Unit utilized by the Project to the on-shore gas distribution network. The infrastructure construction for the project is planned to start early 2017 and to be ready in 12 months following commencement of the construction work.

Micoperi’s Vice President, Claudio Bartolotti, said: “We are delighted to have been awarded the contract with Quantum Power for their new LNG import terminal in Ghana, which is of strategic importance, not only for Ghana but also the wider West Africa region. Micoperi’s established experience in Ghana and in delivering similar projects in other markets ensures execution to the highest international standards.”

Quantum Power’s CEO, Matty Vengerik, commented “Partnering up with with Micoperi on delivering this critical infrastructure for Ghana, is the culmination of a long and arduous process, which will provide Ghana with execution excellence, technology leadership and cost efficiency. This project shall restore Ghana’s energy reliability, security and regional competitiveness. We are looking forward to its timely commissioning.”

About Quantum Power
Quantum Power is a pan-African power and energy infrastructure investment platform operating in Ghana, Kenya, Mozambique, Namibia, Nigeria, Rwanda, Senegal, South Africa and Zambia.

Source: www.micoperi.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.