Don’t front for foreign companies – GNPC boss tells local oil firms

Mr. Mould (right), with the Siemens officials

Mr. Mould (right), with the Siemens officials

Siemens Ghana has launched its oil and gas training programme in Accra with a call on local companies not to front for foreign companies in Ghana’s oil and gas sector.

Mr. Alex Mould, Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), who made the call at the launch, said the local content law provided opportunities for local firms in the oil and gas sector, which some foreign companies would want to exploit using local and indigenous enterprises to do their bidding.

He said the local content law allowed local companies to have a greater stake in running oil and gas companies rather than going for the minimum threshold of a five per cent stake in oil and gas companies operating in the country.

The training programme developed by Siemens Oil and Gas Equipment Limited and its JV Partner Draper Oil and Gas, aims to deliver training to selected individuals, with the purpose of building up human capital within Ghanaians.

The nine-month training programme, which commenced in October, 2016, is in collaboration with GNPC and the Petroleum Commission (PC), and is set to be completed by June 2017.

Sixteen participants including three current employees of Siemens Oil and Gas Limited with various specialties in engineering were shortlisted from the over 300 applications received from across the country.

Mr. Mould said Ghanaian companies must strive to go for the bigger pie.

He said fronting for foreign firms would defeat the purpose of the local content law.

“Even if you want partnership, do it with world class firms, not mediocre firms so that you can have world class protocols in doing your work and compete in the industry,” he said.

Mr. Edmund  Acheampong, CEO of Siemens Oil and Gas Limited, Ghana, said the programme would train Ghanaian nationals on high tech Siemens products to help build local skills capacity

The programme, he said, marked another firm commitment by Siemens to Ghana’s economic renaissance and satisfies requirements for Local Content Guidelines for the upstream oil and gas sector.

“We consider this investment in skills development and knowledge transfer of know-how from Siemens into Ghanaian local content development more than just corporate social responsibility. It is also a sustainable and viable investment into job creation and the strengthening of this critical sector of Ghana’s economy,” he said.

He said: “We firmly believe that sustainable business growth lies intrinsically in developing society. Beyond providing training for these young Ghanaian professionals, Siemens in collaboration with its local partners in the oil and gas will offer additional employment to three outstanding participants in varied capacities after they complete.”

Sabine Dall’ Omo, Chief Executive Officer of Siemens in charge of Southern and Eastern Africa said, the company considered training as very important in building the capacity of the individual.

She said the training would afford the participants to have the required skills and knowledge needed for the development of the country’s oil and gas industry.

By David Adadevoh

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