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Penspen..to be involved in engineering and project management

Penspen wins FEED contract from BOST

ABERDEEN, December 10, 2015

Penspen, a leading global provider of engineering and management services to the energy industry, has won a contract from Bulk Oil Storage and Transportation Company (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, said a statement.
 
The first phase of this build-out will be the addition of approximately 750 km 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, it said.
 
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, chief executive officer, 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.” - TradeArabia News Service



Tags: contract | Ghana | Feed | Penspen |

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