YINSON to donate $15000 annually to TTI welding center

Yinson Production West Africa Limited is to donate USD 15000 annually for the procurement of welding consumables to be used by the students at the Takoradi Technical Institute (TTI) for a continuous, successful and a sustainable operation at the welding center

This year’s amount, is expected to be received within this month (October 2018), is to ensure that the students receive the most adequate training to enable them to acquire the requisite skills needed to perform at industry (Oil and Gas) standard.

The center, known as Yinson Welding Center was built by Yinson and equipped with welding gadgets provided by the Ministry of Energy as part of Ghana’s Oil and Gas Capacity Building Project.

The center, is to equip the youth with high skills in welding, help them establish their own businesses and narrow the skill gap in the oil and gas industry.

About Yinson

Yinson Production, is in the business of building, operating and managing Floating Production Storage and Offloading (FPSO) units and other offshore vessels to be contracted by oil companies to produce offshore oil and gas.

In Ghana, Yinson Production has a joint venture with Oil and Marine Agencies Ghana Limited (OMA) known as Yinson Production West Africa Limited (YPWAL)

See Also:  Local content laws in extractive sector remain subject to abuse – report

In January 2015, YPWAL was awarded a contract by ENI Ghana and its partners for the building, operation and maintenance of the Offshore Cape Three Points (OCTP) FPSO.

The OCTP project was delivered three months ahead of schedule partly due to the timely execution and delivery of the FPSO John Agyekum Kuffour.  The FPSO is currently producing oil and gas and will help supply power to Ghana for many years and will contribute significantly to the country’s energy needs and economic growth.

In delivering the project, Yinson has built an enviable local content story in the oil and gas industry in Ghana. This has been made possible because the management of Yinson believes that local content is best practise beyond mere legal requirements and as a result started building local capacity right from inception of the project consequently the OMA/Yinson partnership currently presents one of the strongest local content stories in the industry.

Yinson, believes in improving the communities where it operates and attaches the same level of importance to its social investment projects as it does to its core business.

Its principles with host communities includes; maintaining cordial and mutually beneficial relationships with leaders and people and contributing to the development of the host communities through value adding programs/ projects and scholarships.

See Also:  Fuel and utility prices set to anchor inflation for rest of year

Also, Yinson empower indigenes of our host communities through employment and training program, uses local sub-contractors where appropriate for supplies and services during mobilization and operation of the unit as well as work alongside our clients to support their policy on community relations.

Article Rating
Notify of
Inline Feedbacks
View all comments