10G Globaltech Contracting
10G Globaltech Contracting will specialize in procurements and procurement financing, Engineering, Fabrication of oil and gas pipeline.
10G Globaltech Construction
Construction is the flagship activity of 10G Globaltech Ltd company and will deeply engage in petroleum, gas, and petrochemical facilities and serve customers in such areas as pipelines, land and sea terminals, tank farms, oil refineries, off-shore platforms, pumping and compressor stations, power plants, industrial facilities, highways, metro and railroad projects, sports complexes, infrastructure, and other civil engineering activities.
One of the key elements of successful implementation of a project is the professional supervision of the construction activities.
To this end if requested by the Client, we would provide the following services:
- Construction Management
- Construction Supervision
- Planning and Cost Control
In a bid to grow and expand internationally we have partnered with Vefa Group and Konsultin to represent them in Ghana and West Africa.
10G Globaltech Engineering
We will provide design, engineering, procurement, and project management services and possessing competencies in collaboration with global expertise that will enable us to take part in projects that are technologically challenging and demand advanced levels of knowledge and experience. 10G Globaltech Engineering seeks to maximize labour and time efficiencies by keeping abreast of the latest technological developments and continue to thrive as an engineering firm capable of holding its own in the highly competitive international EPC industry.
10G Globaltech Ltd Engineering is a global professional services provider delivering high quality management and technical services in Oil and Gas sector which is vividly expanding due to the increasing need of natural resources in Ghana and Africa.
Our specialist process engineering team comprises expertise in advance simulation and analysis of oil and gas processes and provides fundamental core services for the development of detailed engineering. The mechanical and piping engineering team is one of the key disciplines providing hydraulic design and detailing of pressure vessels and heat exchangers. With the support of our instrumentation and control division we provide expertise in process monitoring, control and automation systems, fire and gas detection systems, surveillance systems, field instrumentation and actuated valves, telecommunication systems and field-bus systems.
10G Globaltech Engineering will continuously develop our organization and equipment and, consistently broaden our know-how and experience through collaboration with global companies with relevant experience. To this end, process department will be created with the purpose of strengthening the Company for the ultimate goal of 10G Globaltech Construction becoming a full EPC contractor.
The services provided by 10G Globaltech Engineering could be grouped under the following categories:
- Basic and Detailed Engineering Design
- Process Technology, Instrumentation and Equipment Design
- Procurement Management
- Project Management
- Construction Management
10G Globaltech Engineering will prioritize constructibility, maintainability an operability reviews with the construction team in advance of construction to allow time for implementation of any specific design considerations. These reviews will focus on safety, schedule, cost and design implications affecting construction.
Overall 10Globaltech being a multidisciplinary engineering company provides all aspect of engineering services for the Oil and Gas sector. To make this happen, 10G Globaltech is representing Power Petroleum Industry and Vefa Group in West Africa to facilitate the provision of engineering services within the Oil and Gas sector.
10G Globaltech Real Estate
10G Globaltech Real Estate will carry out successful undertakings that are representative of the quality, functionality, sustainability, and reliability values for which our brand will be synonymous. Giving importance to building living spaces that simultaneously combine functionality and design, 10G Globaltech Real Estate will collaborate with the best architects in the field to produce award-winning projects that will attract attention with their distinctive approaches.
The second priority for 10G Globaltech Real Estate is making the most productive use of resources and ensuring that the projects which are developed are sustainable in every way from design to operational management. Focusing on energy efficiency in all the projects which the company develops.
10G Globaltech Real Estate Development
10G Globaltech Real Estate Development will provide the company’s real estate development and project management services. Basing its investment decisions on detailed market research and analysis in order to develop the right projects in the right locations, the Company will seek to achieve high levels of user satisfaction through the superior design, functionality, and build quality of its projects.
10G Globaltech Property Management
10G Globaltech property Management is aimed at ensuring that the facility and service management of the Real Estate projects are operated in a manner that befits their quality. The company will provide maintenance, repair, cleaning, and security services for buildings and we will also operate parking facilities, conference halls, restaurants, and fitness centres in the facilities.
10G Globaltech Procurement Management
10G Globaltech Engineering will adopt a systematic procurement management system in major projects by preparing and implementing a comprehensive procurement program to supply equipment, materials and services for the project. The procurement plan is based on an approach to achieve optimum project objectives in terms of safety, schedule, cost, technical and commercial compliance as well as local participation initiatives.
We provide procurement services as follows:
- Material Requisitions
- Bid Evaluation
- Vendor Documents Follow up
- Inspection & Expediting
10G Globaltech Project Management
In large scale construction projects, 10G Globaltech Engineering will provide Project Management services in collaboration with its global partners acting as the Executive Project Manager on behalf of his Clients.
Project management service would include the preparation of a detailed Project Management Plan (PMP) and implement this plan through the life cycle of the project.
The PMP would typically include the following:
- Project Summary
- Scope Definition and Work Breakdown including planning and scheduling
- Project Organization including communication procedures, contractual relationships and resource management
- Project Delivery Processes for inception, feasibility, outline design, scheme design, detail design, mobilization, construction, commissioning and handover
- Regulatory Processes including health & safety, environmental & sustainability, town planning and client specific third-party approvals
- Project Management Processes for resource management, project scheduling & control, cost modeling & planning, forecasts, data transfer methods and formats, risk assessment & management, procurement, subcontractor & supplier management, project closure, performance measurement & key performance indicators and dispute resolution
- At 10G Globaltech Ltd, we realize that one of the key factors of a successful completion of a complex project is the Interface Management. At the commencement of a complex project if required by the Client an Interface Management Plan will be developed and maintained in order to establish processes to identify and efficiently manage interfaces and coordinate activities.
Vefa Group has signed 10G Globaltech Ltd to be their representatives and distributors of their services in Ghana and West Africa.
10G Globaltech Brokerage
10G Globaltech Brokerage serves as a link between Gold sellers and buyers. With our global partners, we ensure the supply and purchase of genuine and pure gold that meet international standard and procedures from general buying procedures to corporate offers. We facilitate, negotiate and coordinate gold selling and buying deals.
GENERAL GOLD BUYING PROCEDURE
- Sanitised offer/SCO/FCO/SPA sent to buyers to check terms.
- When the mandate/buyer is seriously interested in an offer, an NDA/Mutual Working Agreement is sent to the Mandate/Intermediary or an NDA/IMFPA is sent to the Buyer for signing before Seller introductions are made. This Agreement is deal specific and will have the details of the discount, volume and commission fees for that offer.
- When the signed NDA/MWA or IMFPA has been received then the formal SCO/FCO with the seller’s details will be sent to the Buyer. (Some Sellers will send an SCO first and others will send an FCO immediately).
- The Buyer returns the signed SCO/FCO with an LOI. (Some Sellers will require an LOI before submitting an SCO/FCO).
- Many Sellers will require a Proof of Funds (usually an Mt799, Bank Guarantee or Letter of Credit etc). Failure to give this will restrict the offers that can be sent to you but some Sellers will accept the signed LOI/FCO and SPA.
- Only when the FCO has been signed the Seller sends an SPA for the Buyer to sign. (Sometimes the Buyer submits their own SPA).
- Delivery is arranged via CIF to the Buyer’s chosen destination and the delivery of the Gold is paid by the Seller.
- After the assay of the gold in the Refinery which is paid for by the Buyer, the Buyer then pays the Seller via an Mt103, bank to bank direct transfer.
- The Buyer pays the commission fees to Angeldom Ventures Limited or Nominated Intermediaries. on the same day as the payment of the gold. Payment to be made via an Mt103.
- Angeldom Ventures Limited, as the paymaster will split the fees equally 50%/50% and then pay the intermediaries on the Buyers side only. The Sellers side are responsible to pay their own intermediaries on their side.
GOLD BUYER’S AND SUPPLIER’S TERMS
These are the terms on which our buyers will buy Gold (Bullion and Dore). All the documents including the SCO/FCO and SPA must include these terms from the very beginning for them to be interested. This saves everyone a lot of time. (Please don’t send only teasers for Gold. It must be a formal current offer.)
The Requirements are:
-
- CIF only, not FOB. The Seller to pay for delivery to the Buyer’s chosen destination. The Buyer to pay for the assaying of the gold at their chosen refinery.
- No POF (including Letters of Credit, Bank Guarantee) is given. Only signed LOI, FCO and SPA.
- The LOI/SCO/FCO and SPA documents must all have current dates
- Seller needs to offer Gold Gross discounts of between 5% and 20%.
- Preferably 2/3 intermediaries on each side maximum.
CORPORATE OFFER
The supplier with FULL CORPORATE OFFER (FCO), will introduce exclusive Au Dore Bars as specified below for Sale, by which 10G Globaltech will negotiate and confirm with full corporate responsibility under the penalty of perjury, that the buyer is ready, willing and able to enter into a contract for the offered Au Dore Bars, according to the terms and conditions stated below:
DESCRIPTION:
Product | Au Dore Bars |
Purity | 96.5/100 Au Dore Bars (GLD Specifications) or Better |
Quantity | 6 Metric Tons (6 MT) with possible rollout and extensions until depleted |
First Tranche | 100-500 Kilograms (100-500 X 1 Kg Au Dore Bars) |
Sub Tranches | To be arranged by mutual agreement between the Seller and Buyer |
Frequency | 500 Kilograms Monthly |
Duration | One year or until depleted. |
Price | Shall be based on the prevailing London Metal Exchange Rate (LMER) on Second Fixing on the day of closing/ invoicing |
Discount | At least 8.5% gross (5.5% net to the end Buyer; Commissions 1% to the Buyer’s Brokers, 1% to the Seller’s Brokers and 1% Facilitators) |
Origin | Country where the gold in mined |
Current Location | Africa |
Delivery | Customs, Insurance & Freight (CIF) by G4S/Secured Logistics Company to the Buyer’s choice of Refinery Port destination, Seller will pay government export taxes. Buyer will pay for clearances, duties, taxes and secured transport from Port of landing to Buyer’s Refinery. |
Purchase Amount | This shall mean the total amount of funds payable to the Seller from the Buyer against each exported tranche of Au Dore Bars upon final assay at the Buyer’s Refinery. For greater certainty the purchase amount is the final weight of 99.99% Au Dore Bar Kgs. (kilograms) as stated on the final assay report multiplied by the price. |
10G Globaltech Ltd has been in contact with Konsultin and the agreement has been reached to be their agents and representatives in Ghana and West Africa.
10G Globaltech Trading
10G Globaltech Trading as part of the variety of services offered by the 10G Globaltech brand deals with sales of ceramics, porcelain tiles, marble tiles, bathroom furniture and accessories, executive and state of the art furniture for homes, schools, offices, etc among others. We represent and are agents and distributors of brands such NG Kutahya Seramik, Forzamar, NG Kutahya Porselen, Busar Project, FYM Bagno in Ghana and West Africa.
Read more on the aspects of 10G Globaltech Trading by clicking the links below.