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VietNamNet Bridge - The Vietnam Oil and Gas Corporation (PetroVietnam) on Oct.16 signed a $305 million contract to build the 450MW Nhon Trach 1 Power Plant with the Vietnam Construction and Machinery Installation Corporation (Lilama).
Located in Nhon Trach district, southern Dong Nai province, the plant, which includes two gas turbines, two heat retrieving steam generators and one steam turbine, will use gas materials from the Nam Con Son oil field.
The project will be conducted by a bidder group including Lilama and the Construction Corporation No.1.
Once operational in December 2008, the plant will generate nearly 4 billion Kwh annually, significantly contributing to stabilising the national power supply.
Alstom and Marubeni will supply the main equipment for the plant.
Seven days after the Opposition Jamaica Labour Party (JLP) unveiled the Trafigura Beheer scandal involving a $31 million transaction between the governing People's National Party (PNP) and the Dutch oil trading company, the Office of the Contractor General has launched an investigation into the Trafigura contract. In a letter dated October 9 to Phillip Paulwell, the Minister of Industry, Technology, Energy and Commerce, Contractor General Greg Christie said in light of significant public interest in the Trafigura affair, he would now be initiating a formal investigation into the circumstances surrounding the award of a contract by the Government to the Dutch firm. The Trafigura debacle has so far resulted in the resignation of Colin Campbell, Information and Development Minister and PNP general secretary.
ALBUQUERQUE (AP) - A contractor alleges in a lawsuit that she is owed $808 because the state's new payroll system has not paid her in full.Danielle Bishop, a teacher at the Youth Development and Diagnostic Center in Albuquerque, said the underpayment caused her to "suffer $936 in bank charges."Bishop's complaint appears to be the first legal action taken by a state contractor targeting problems related to SHARE, the state's $28 million computer-based payroll and accounting system.Bishop, of Albuquerque, filed her complaint in Bernalillo County Metropolitan Court. Defendants are the state Juvenile Justice Service Division and the Children, Youth and Families Department.She is seeking $2,500 and attorney's fees.The Children, Youth and Families Department has not yet been served with the complaint, said Deborah Martinez, agency spokeswoman.The department has dealt with payroll problems related to the new system, she said.
The death of a landscape contractor in Bermuda struck by a large branch that fell from a tree he was helping to lop has brought renewed calls for stricter controls on the training and certification of workers involved in potentially dangerous jobs. The owners of two of the largest landscaping companies in Bermuda, along with a qualified tree care professional and trainer, say there needs to be proper regulation of the industry as happens in many other countries. The circumstances surrounding the death of the 34-year-old Portuguese man, believed to be a father-of-one with another child on the way, are still being investigated. He was killed while working on a casuarina tree in a garden. The tree was the last in a row that was being cut back by a team from Island Construction and Landscaping Services.
Equinox Minerals Limited (TSX:EQN)(ASX:EQN) (the "Corporation") is pleased to announce that the Corporation and the joint venture of Ausenco Limited ("Ausenco") and Bateman Engineering BV ("Bateman") have agreed and signed the final contract price for the Engineering, Procurement & Construction ("EPC") contract for the Lumwana Copper Project already under construction in the North Western province of Zambia.
Subsequent to the previously announced Guaranteed Maximum Price ("GMP") of US$417.4 million and following final definition of scope, optimisation of the process plant design, further detailed engineering, implementation and risk mitigation programs, the Corporation announces that the total final fixed-price EPC is US$407.6 million, inclusive of funds spent to date. The fixed-price EPC contract with Ausenco and Bateman includes the project capital cost, engineering, contingency, escalation, the EPC fee and represents the final contracted price.
Taiwan yesterday ordered a crackdown on local bird hunters after at least 5,000 migratory birds were reportedly slaughtered in a national park in recent weeks. Lee Wu-hsiung, head of the Construction and Planning Administration which oversees six national parks, said Taiwan's image had been tarnished by the reports which he also described as exaggerated. "We've demanded more police be deployed in the Kenting National Park" in southern Taiwan and "anyone found guilty would be punished severely in accordance with the law," Lee told AFP. People caught violating the wildlife protection law may face a jail term of two years or a fine of up to 500,000 Taiwan dollars (15,150 US dollars). Local newspapers, citing conservationists, said illegal bird hunters had turned the Kenting national park into a "killing field," where at least 5,000 gray-faced buzzards had been slaughtered this year.
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