http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.05Change: 0.08
R/$ = 11.81Change: -0.06
Au 1203.95 $/ozChange: 2.29
Pt 1183.50 $/ozChange: 5.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 05, 2009

Global recession catalyst 
for market growth

Back
Engineering|Africa|Design|Marine|Mining|Nuclear|PROJECT|Project Management|Projects|Siemens|Storage|Africa|Angola|Energy|Maintenance|Nuclear|Oil And Gas|Products|Service|Services|Solutions|Steel|Drilling|Fabrication|Power
Engineering|Africa|Design|Marine|Mining|Nuclear|PROJECT|Project Management|Projects|Siemens|Storage|Africa|Angola|Energy|Maintenance|Nuclear|Oil And Gas|Products|Service|Services|Solutions|Steel|Drilling|Fabrication|Power
engineering|africa-company|design|marine|mining|nuclear-company|project|project-management|projects|siemens|storage|africa|angola|energy|maintenance|nuclear-industry-term|oil-and-gas|products|service|services|solutions|steel|drilling|fabrication|power
© Reuse this



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
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Harbours Infrastructure and Equipment News
DAVID HITCHMAN GAC Angola is working closely with GAC Shipping South Africa to reduce any shipment delays
Global provider of integrated shipping, logistics and marine services Gulf Agency Company (GAC) is aiming to increase its involvement in Angola’s oil and gas sectors. GAC Angola GM Michael Sturesson tells Engineering News that several major upstream projects are...
DURBAN AERIAL VIEW Elgin Brown & Hamer South Africa offers a full in-house service in all aspects of ship repair
Ship repair company Elgin Brown & Hamer South Africa (EBH SA), a division of heavy engineering group DCD Marine, says it is well positioned to service Southern Africa’s burgeoning offshore oil and gas sector and the increasing number of large cargo vessels that...
A-BERTH FACILITY FerroMarine Cape invested R60-million in the works, upgrades and facilities of the A-Berth facility
Local oil and gas upstream service provider DCD Marine Cape Town, is undertaking work on several large local oil and gas projects. Projects completed by DCD Marine Cape Town during the first quarter of 2014 include maintenance and upgrade works on two...
More
 
 
Latest News
Updated 6 minutes ago Egypt's cabinet approved a long-awaited draft law on investment on Wednesday aimed at making deals less vulnerable to legal disputes or changes in government, and reducing stifling bureaucracy. The government is seeking to address foreign business concerns before an...
Updated 13 minutes ago Unions on Wednesday rejected South African Local Government Association's (Salga) three-year wage increase proposal during the first round of negotiations for municipal workers. The Independent Municipal and Allied Trade Union (Imatu) and Congress of South African...
Updated 26 minutes ago The International Monetary Fund said it would consider extending new financial support to Zimbabwe only if the southern African country agrees to clear arrears with international financial institutions. Zimbabwe owes $9-billion in external debt, half of it in arrears...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
 
 
 
 
 
This Week's Magazine
Walter Hill
Eqstra Holdings was going to reduce its exposure to contract mining, but it was not yet ready to sell the troubled business, said CEO Walter Hill on Tuesday. He said Eqstra would not sell its contract mining business in a “depressed market”. He said it would be...
Subscribe to Engineering News and Mining Weekly for two years, but only pay for the first year.  The weekly editions of Engineering News and Mining Weekly will be posted to your preferred postal address and also gain access to:
National flag carrier South African Airways (SAA) is in an advanced stage of renegotiating its deal with European airliner manufacturer Airbus to acquire A320 single-aisle (or narrow body) aircraft. The aim is to replace ten of the aircraft still on order with five...
Worldwide, the main thrust in the ports industry over the past decade or more has been to increase efficiency. Traditionally, ports have been run by engineers and mariners and, in the past, increasing a port’s capacity was achieved by expanding the harbour. “That has...
What do you do when an elephant has a toothache? You call Dr Gerhard Steenkamp from the University of Pretoria’s (UP’s) faculty of veterinary science, Onderstepoort, one of only two elephant ‘dentists’ in the world.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96