By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FMStarr FMStarr FM
  • Home
  • Election Hub
  • General
    GeneralShow More
    NDC Greater Accra: Benjamin Danso beats Ashie Moore to become Regional Chairman
    November 15, 2026
    New GH¢50 note: Theodosia Okoh’s portrait developed from her photographs, not her sister’s – BoG
    November 14, 2026
    W/R: Prioritise competence, put party unity above personal interests – Afo-Toffey to NDC delegates
    November 14, 2026
    NDC goes to polls today to elect regional executives
    November 14, 2026
    AU Commission Chairperson commends Mahama, pledges support ahead of AU Chairmanship
    November 13, 2026
  • Business
    BusinessShow More
    Gideon Boako demands accountability over Mahama’s collapsed $10bn projects
    November 15, 2026
    Gideon Boako questions Mahama’s $10bn economic plan over unpaid teachers’ salaries
    November 15, 2026
    Gideon Boako accuses Mahama of recycling $10bn promises from STX to New Economy Programme
    November 15, 2026
    Jospong calls for private sector investment in climate-resilient waste infrastructure
    November 15, 2026
    Jospong, ISA deepen talks on solar energy, green jobs and climate-smart agriculture
    November 15, 2026
  • Politics
    PoliticsShow More
    NDC Greater Accra: Benjamin Danso beats Ashie Moore to become Regional Chairman
    November 15, 2026
    W/R: Prioritise competence, put party unity above personal interests – Afo-Toffey to NDC delegates
    November 14, 2026
    Buem NPP Parliamentary Candidate aspirant donates items worth GH¢35,000 to three institutions
    November 14, 2026
    NDC goes to polls today to elect regional executives
    November 14, 2026
    AU Commission Chairperson commends Mahama, pledges support ahead of AU Chairmanship
    November 13, 2026
  • Entertainment
    EntertainmentShow More
    Social Fest: Chef Abby urges content creators to build influence beyond social media numbers
    November 14, 2026
    BlackStar Fashion Week: Stakeholders call for stronger IP protection for Ghana’s cultural products
    November 13, 2026
    Govt unveils $1 billion tourism blueprint to build year-round visitor economy
    November 12, 2026
    Chef Abbys arrives in US ahead of Social Fest Texas
    November 12, 2026
    Africa World Airlines partners Revealed: The New Era 2.0 to promote Ghana, Africa tourism
    November 11, 2026
  • Sports
    SportsShow More
    Elite Academy–Prempeh extend Group A lead as Sogakope Cule top Group B
    November 14, 2026
    Black Stars bounce back with 2-0 victory over Somalia to revive AFCON 2027 hopes
    November 13, 2026
    Kudus and Ayew return as Björkegren names Black Stars squad for Somalia double-header
    November 9, 2026
    Stanbic-Asantehene Invitational Golf Tournament strengthens relationships and excellence through sport
    November 9, 2026
    Only five of 31 second-raffle winners secured U.S. visas
    November 6, 2026
  • Technology
    TechnologyShow More
    Samuel Nartey George elected Chair of AU Communications and ICT Committee
    October 29, 2026
    AVAS 2026: Accra to Drive Africa’s Tokenisation Agenda
    October 28, 2026
    Yellow Card wins Gold in Diamond category at 2026 Money Awards
    October 27, 2026
    Dorcas Affo-Toffey engages Ceris Technologies on port digitalisation, cybersecurity
    October 22, 2026
    BoG Governor urges IMF to boost Africa’s AI and digital capabilities
    October 14, 2026
  • International
    InternationalShow More
    Jospong calls for private sector investment in climate-resilient waste infrastructure
    November 15, 2026
    Jospong, ISA deepen talks on solar energy, green jobs and climate-smart agriculture
    November 15, 2026
    Social Fest: Chef Abby urges content creators to build influence beyond social media numbers
    November 14, 2026
    Ghana must build productive strength to withstand global pressures – Finance Minister
    November 12, 2026
    Chef Abbys arrives in US ahead of Social Fest Texas
    November 12, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Siemens oil sued
Share
Notification Show More
Font ResizerAa
Starr FMStarr FM
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Business

Siemens oil sued

Starrfm.com.gh
By
Starrfm.com.gh
Published: October 5, 2018
Share
SHARE

In a classical example of battle of the wits, an epoch legal battle has erupted between two giants in the rarefied of petroleum, oil and Gas.

Draper Oil and Gas limited has summoned Siemens Oil and Gas Equipment Limited before an Accra High Court praying the court for a litany of reliefs, including “A declaration that Defendant has violated the provisions of the Petroleum (Local Content and Local Participation) Regulations, 2013(LI2204).”

Chiefly amongst the reliefs Draper Oil is praying the Court is an order of perpetual injunction restraining Defendant (Siemens) from awarding or allowing any third party to perform or execute any parts of the ENI contract to be performed by Plaintiff pursuant to the local content plan submitted to the Petroleum Commission by the Defendant.

The company which main occupation is to provide petroleum related and allied services to entities operating in Ghana’s petroleum industry is also praying the Court for an order of perpetual injunction restraining Defendant from acting in any manner inconsistent with the said local content plan and the Petroleum Local Content and Local Participation Regulation, 2013 LI2204

Draper Oil also wants the Court to order for perpetual injunction restraining Siemens from acting in any manner inconsistent with the local content plan and the Petroleum Local Content and Local Participation Regulation, 2013 LI2204.

According to Drapers Oil’s Statement of Claim, a copy of which is in the possession of the paper, or about December 2015 Plaintiff and Siemens started negotiations to participate in a Compressor Contract to be awarded by ENI, and that the purpose of participating in the ENI Compressor Contract Siemens Ghana instructed Plaintiff(Draper Oil) to secure quotation from jorg Inc, a company registered in Germany for the transportation of coolers compressors and these quotation were incorporated into the tender Siemens Ghana submitted to ENI.

“Plaintiff says that in line with the requirements of Petroleum(Local Coastal and Local Participation) Regulation, 2013(LI2204) Siemens Ghana submitted to the petroleum commission a local content plan for approval” adding that “per the submitted local content plan Plaintiff was to execute parts of the ENI Contract relating to:

a. Recruitment and training for local engineers and project management practitioners;
b. Sourcing and procuring three(3) coolers for the two(2) compressors to be purchasing by ENI
c. Transport of the coolers and compressors from the various collection points is Europe to Sanzule, Ghana;
d. Handling all other miscellaneous procurements in Ghana.”

Draper Oil however, argues in its Statement of Claim that it is an offence contrary to the Petroleum(Local Content and Local Participation) Regulations, 2013(LI2204) for any persons to make false representation to the Petroleum Commission is the relation to the requirement of the local content under LI2204.

The statement continued that “… by the contract (ENI Contract) dated 8th July 2016 between ENI and Siemens Ghana, Siemens Ghana was contracted by ENI to provide Gas compressor package and associated works.

Draper oil avers in its Statement that following the execution of the ENI Contract it was poised to execute its part of the contract as required by law and entered into various discussions with Defendant for that purpose.

That in line with the provision of the JVC it entered into an agreement with Defendant to provide training services to local engineers and project management practitioners, among others.

“Plaintiff says that despite all representations to Defendant about its readiness and willingness to perform its scope of the agreement Siemens Ghana has prevented Plaintiff from performing its assigned activities pursuant to the requirement of the local content laws of Ghana and the JVC.
Plaintiff says that in the flagrant and contumacious violation of LI2204 Defendant has refused to allow or permit Plaintiff to perform all the activities in paragraph 10(b), (c) and (d) above.

Plaintiff further avers that by a letter dated 5th July 2017 it was informed by Defendant that it has entered into an agreement with another company to perform the activities in paragraph 10 (b) (c) and(d) above.

Plaintiff says that it is unlawful for the Defendant contrary to its representation in the local content plan submitted to and approved by the Petroleum Commission to act in a way that eviscerates or seeks to defeat the objectives of the (Local Content and Local Participation) Regulations, 2013(LI2204).

Plaintiff says that none of the engineers or persons it has trained for employment with the Defendant have been employed or engaged by the Defendant contrary to the technology transfer obligations of the Defendant under LI2204.

Plaintiff says that all attempts made so far to make the Defendant comply with the local content laws of Ghana as the affect the Plaintiff have proved futile.
Plaintiff avers that unless Defendant is restrained by this Honourable Court from continuing to violate the local content laws of Ghana it will persist in its unlawful acts and in the process undermine the legislative objects of the local content laws of Ghana.”

This paper Siemens was set up as a Joint Venture Company pursuant to a Joint Venture Agreement (JVA) dated 26th April 2016 between Siemens (Pty) Ltd, a company registered and incorporated under the laws of South Africa, (Siemens South Africa) and Plaintiff.

Siemens South Africa owns 90% of the shares of Siemens Ghana whiles Plaintiff owns the remaining 10%, with the core business of Siemens Ghana, being supply, installation and commissioning of gas compressors and related maintenance services.

The Eni Ghana Exploration and Production Limited (ENI) is a company that operates in Ghana’s petroleum industry pursuant to a petroleum agreement entered into with the Government of Ghana and the Ghana National Petroleum Corporation.

Source: New Crusading Guide

Supermarkets in Ghana sell only 18% local goods – Report
Rand Refinery CEO to speak on Africa’s gold value chain at AMPF–MiM 2026
Volkswagen plans 30,000 job cuts worldwide
Cecil Duddley Mends’ belief in prospects of African Continental Free Trade Agreement
Ghana’s debt to GDP ratio drops to 57.2%
TAGGED:OilSiemens
Share This Article
Facebook Email Print
Share
Previous Article Juventus shares lose 5% amid Ronaldo accusations
Next Article Corruption: Afriyie Ankrah was right on party financiers – Kokofu

Starr 103.5FM

Starr FMStarr FM
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!
Subscribe to our newsletter and never miss our latest in news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?