Swift launches JV in Ghana to provide jobs in Atuabo

Swift Worldwide Resources, which supplies manpower resources to the global oil and gas industry, has launched a joint venture called SOMINU with the Eastern Nzema Stool community in the western region of Ghana.

Offshore staff

HOUSTON
– Swift Worldwide Resources, which supplies manpower resources to the global oil and gas industry, has launched a joint venture called SOMINU with the Eastern Nzema Stool community in the western region of Ghana.

SOMINU, which means “help to lift,” will provide job opportunities for over 2,000 personnel to support the upcoming construction of a deepwater port facility in the Atuabo region of Ghana.

The partnership will focus on maximizing employment and skills development of the local Atuabo population. All profits from the project will be reinvested in training and community-improvement programs focused on education, healthcare, and sports.

SOMINU is 51% owned by the Atuabo community and 49% by Swift Oil & Gas Ghana Ltd. (SOGG). The company will act as the contract-holding office with all clients providing services to the project, and will be the exclusive provider of contingent manpower to all involved.

Construction of the deepwater port facility is expected to run from 2014 through 2017. The estimated capital expenditure of the project is $1.5 billion.

05/14/2014

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