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Jun 05, 2009

Global recession catalyst 
for market growth

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Cape Town|African Products|ArcelorMittal|Bluewater Energy Services|Chevron|De Beers Marine|PetroSA|Pride Foramer Angola|Pride International|SA Five Engineering|Schlumberger|Siemens|Angola|Diamond-mining|Oil And Gas|Oil And Gas Industries|Oil And Gas Industry|Steel|Western Cape|Billy O'Brien|Sub-Saharan Africa
cape-town|african-products|arcelormittal|bluewater-energy-services|chevron|de-beers-marine|petrosa|pride-foramer-angola|pride-international|sa-five-engineering|schlumberger|siemens|angola|diamondmining|oil-and-gas|oil-and-gas-industries|oil-and-gas-industry|steel|western-cape|billy-obrien|subsaharan-africa
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Engineering company SA Five Engineering reports that, despite the effects of the global economic crisis, the company views the current economic climate as a catalyst for new ideas that will grow and strengthen its market share.

The company has undertaken several projects, ranging from offshore projects to process plants; rig and ship maintenance and conversion; shutdown and plant maintenance; structural steelwork; and tanks and workshop prefabrication.

The company has concentrated on the oil and gas industry from the late 1990s. SA Five Engineering MD Billy O’Brien says the company was instrumental in drawing this market to Cape Town, with the country’s first major project for a floating production, storage and offloading (FPSO) vessel, the Glas Dowr.

SA Five Engineering was contracted by FPSO operator Bluewater Energy Services to provide the Glas Dowr with a range of engineering services, such as structural, mechanical, instrumental, electrical and piping.

SA Five Engineering has completed additional precommission and decommis-sioning, as well as maintenance work for major FPSOs and platforms off the coast of Angola.

SA Five Engineering has also completed ship main-tenance and upgrade work for diamond-mining company De Beers Marine, the Namibian Mineral Corpora-
tion, offshore drilling company Pride Foramer Angola, and supplier of tech-nology to the oil and gas industries Schlumberger. Most of this work is carried out at its A berth and Blackheath facilities, in the Western Cape.

Also, in this province, SA Five Engineering has major contracts at the Koeberg nuclear power station and the Chevron refinery. 
It is also involved in capital projects and maintenance for steel producer ArcelorMittal and food manufacturer African Products, as well as product, solutions and service provider Siemens.

The company is focused primarily on mechanical, piping and structural engi-neering projects incorporating, where necessary, other companies in the SA Five group, comprising RNB Engineering, 
RH Mechanicals and Unitary Air Distributors.

While still pursuing the oil and gas business, O’Brien says that SA Five Engi-
neering will be returning to its core business of process plants, and that it will be actively seeking to extend its footprint in sub-Saharan Africa.

SA Five Engineering provides services in proposals and budgeting, project and contract management, procurement, fabrication and installation, as well as maintenance and conceptual design.

Meanwhile, O’Brien says that the future of the company depends on using highly skilled project management teams to grow its market share.

“SA Five Engineering has invested in young, highly qualified engineers to interface with the well-established team that has built the company over the last 
19 years,” he adds.

The company reports that 2008 proved to be one of the most successful years in its history, owing to the completion of major contracts.

Contracts completed include the upgrade of State-owned petroleum company PetroSA’s Orca rig, as well as the upgrade of offshore drilling company Pride International’s Pride of South Sea driller rig.

SA Five Engineering has also signed a contract with the Chevron oil refinery, in Cape Town, for ongoing capital and maintenance works.

O’Brien says that SA Five Engineering will be kept busy with ongoing oil and gas offshore projects.

Edited by: Brindaveni Naidoo
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