Nov 27, 2013
Nigerian oil rig docks at newly designated Saldanha IDZBack
Cape Town|Port|Ensco|Industrial|Transocean|Port Of Cape Town|Saldanha Bay Port|Oil|Oil And Gas|Service|Services|Saldanha Bay|Western Cape|Alan Winde|Drilling
© Reuse this
The Sedco 700, a 90 m semisubmersible drilling unit owned by a Nigerian multinational oil company, would be docked for two-and-a-half months while service and repairs, including a lifeboat upgrade, steelwork, accommodation work and underwater inspection, were undertaken.
The unit was one of four major oil rigs to be serviced at Western Cape harbours between October and December.
Currently, the Port of Cape Town accommodated Transocean-owned semisubmerged ship Marianas, as well as Ensco’s DS-2 drillship, for services and repairs.
“This illustrates the economic impact of the oil and gas vessel repair industry, and specifically the importance of the newly designated Saldanha Bay IDZ, which is expected to increase our vessel repair capacity drastically,” said Western Cape Finance, Economic Development and Tourism Minister Alan Winde.
The launch of the IDZ had marked a new era for the development of an oil and gas servicing and repair hub in the Western Cape, with the IDZ strategically located to serve oil and gas vessels operating along the African coastline.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
Other Oil and Gas News
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
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.
This Week's Magazine
Forest products group Sappi has confirmed the selection of its 25 MW biomass-to-power project, to be erected at its Ngodwana mill, in Mpumalanga, as a preferred bidder under the South African government’s Renewable Energy Independent Power Producer Procurement...
Information and communications technology (ICT) distributor DCC is making Windows- and Android-operating systems tablets available through retailers and education equipment suppliers to provide school children with affordable, high-performance education tools. The...
Another cement manufacturer is set to enter the Ugandan market, raising hopes that prices will come down and spur growth in the construction industry. National Cement, a Kenyan manufacturer, has unveiled plans to invest $195-million in a new manufacturing plant in...
With growth rates exceeding that in the developed world – at an average of between 4% and 5% between 2002 and 2014 – African countries provide investors with ample reason to tap into booming consumer demand says Manufacturing Circle executive director Coenraad...
The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) decreased by 3.7 index points month-on-month to 89.1 in March.