Business
Group Opposes Oil Contract Award To Samsung
A Niger Delta group, the Ijaw Concerned Citizens (ICC), has opposed the award of the Egina Floating Production, Storage and Offloading (FPSO) project in Bayelsa State to Samsung.
In a statement, it said the job should have been given to Hyundai Heavy Industries (HHI) Company, as Samsung has allegedly “never done any FPSO project in Nigeria.”
Urging President Goodluck Jonathan to “rectify this anomaly,” ICC said HHI was recommended to the Nigerian National Petroleum Corporation (NNPC) as the technically-qualified lowest bidder and as the “only justifiable bidder” in April last year at the conclusion of a commercial evaluation process.
“The recommendation of NAPIMS is the culmination of an international due process bid which spanned over a period of two years involving the project owners, bidders and all relevant government regulatory agencies,” the group said.
It said NNPC, despite HHI’s qualification, recommended Samsung for the award of the contract at a negotiated price of $3,143,499,498.
“In a deliberate and calculated bid to discredit NAPIMS’ recommendation, the Group Executive Committee of NNPC was misinformed that Total Upstream Nigeria (TUPNI) added $238 million to Samsung’s tender and that no amount was added to HHI’s tender,” the group said.
According to ICC, the amount represented taxes, VAT and other contributions which HHI incorporated in its bid, but which Samsung allegedly did not include in its offer.
The group said NNPC was also misinformed that in the “risk with bidders” assessment, $252,000,000 was added to Samsung’s tender, which is higher than the $336,000,000 that was added to HHI’s.
ICC said the additions were made pursuant to post-bid clarification meetings with Samsung and HHI.
It added that the amount “unilaterally” arrived at with Samsung, which is $3,143,499.498, was still higher than HHI’s bid, which is $3,140,199,986.
Besides, ICC said HHI is investing about $300 million to build a fabrication yard in Bayelsa, which would create more than 50,000 jobs.
It said HHI has successfully performed many oil and gas projects, including two huge FPSO projects in Akpo and Usan.
“We of the ICC also affirm that HHI has already opened a welding school in Yenagoa, with several indigenes as candidates.
“Strangely, Samsung has absolutely no institutions to help Bayelsans and no presence in Bayelsa State,” ICC added.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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