http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.10Change: 0.07
R/$ = 10.50Change: 0.03
Au 1295.05 $/ozChange: 4.30
Pt 1471.50 $/ozChange: 2.00
 
 
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 Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 05, 2009

Global recession catalyst 
for market growth

Back
Cape Town|Engineering|Africa|African Products|ArcelorMittal|Bluewater Energy Services|Chevron|De Beers Marine|Energy|Gas|Marine|Nuclear|PetroSA|Pride Foramer Angola|Pride International|PROJECT|Project Management|Projects|SA Five Engineering|Schlumberger|Siemens|Africa|Angola|Diamond-mining|Energy|Mining|Nuclear|Oil And Gas|Oil And Gas Industries|Oil And Gas Industry|Products|Steel|Western Cape|Billy O'Brien|Drilling|Fabrication|Power|Sub-Saharan Africa
Engineering|Africa|Gas|Marine|Nuclear|PROJECT|Project Management|Projects||Africa||Energy|Mining|Nuclear|Oil And Gas|Products|Steel||Drilling|Fabrication|Power|
cape-town|engineering|africa-company|african-products|arcelormittal|bluewater-energy-services|chevron|de-beers-marine|energy-company|gas-company|marine|nuclear-company|petrosa|pride-foramer-angola|pride-international|project|project-management|projects|sa-five-engineering|schlumberger|siemens|africa|angola|diamondmining|energy|mining|nuclear-industry-term|oil-and-gas|oil-and-gas-industries|oil-and-gas-industry|products|steel|western-cape|billy-obrien|drilling|fabrication|power|subsaharan-africa
© 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
 
 
 
 
 
 
 
 
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 16 minutes ago Responding in writing to a recent Parliamentary question by the Democratic Alliance, Transport Minister Dipuo Peters has provided an update for each of the country’s 13 bus-rapid transport (BRT) systems, noting that each network is at a different stage of...
Updated 28 minutes ago The South African Real Estate Investment Trust (SA Reit) Association has called on the Competition Commission to intervene in undesirable exclusivity clauses in retail leases that were allowing retailers to stifle market share. The association’s members, which...
ADAM HABIB University of Witwatersrand vice-chancellor and principal Adam Habib
Updated 47 minutes ago The first of a series of 15 public debates exploring options for the implementation of the National Development Plan (NDP) was officially inaugurated at the University of the Witwatersrand (Wits) School of Governance this week. In association with the Oliver and...
More
 
 
Recent Research Reports
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.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
 
 
 
 
 
This Week's Magazine
Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
GARYN RAPSON Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will open the door for court battles to determine who will be held liable for the remediation
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...
 
 
 
 
 
 
 
 
 
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