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Oil & Gas News

Infrastructure expansion will boost oil rig traffic

8th September 2017 South African ports are projected to receive an injection of almost R44.4-billion over the coming five years from State-owned logistics operator Transnet, which will increase the number of oil rigs docking for maintenance and repairs in South Africa, says defence and security solutions supplier... 

Mobile units ensure flexible fire protection at oil refineries

By: Robyn Wilkinson     8th September 2017 Fire protection equipment supplier DoseTech commissioned a second firefighting trailer-mounted (FTM) unit for a South Africa-based crude oil storage depot last month, providing a highly portable and flexible solution to complement the depot’s existing large-scale foam and water cannon system. 

Mobile units ensure flexible fire protection at oil refineries
SAFETY MADE EASY DoseTech has seen eager demand from South African oil refineries for its mobile fire-protection equipment

Retractable spray injectors important cost savers

By: Robyn Wilkinson     8th September 2017 Retractable spray injectors not only increase the ease and safety of performing inspection and maintenance activities at oil refineries but can also potentially reduce operational downtime and contribute to significant cost savings, says spraying systems provider Monitor Engineering MD Grant... 

Retractable spray injectors important  cost savers
KEY COOLING Spray injectors inject liquids or gases into process streams, providing critical cooling, mixing, quenching, washing, humidifying, gas cooling or chemical reactions

Thermal spray coatings provide protection for refineries

8th September 2017 Thermal spray coatings can produce significant cost savings for refineries by reducing the amount of piping maintenance required to guard against the consequences of corrosion under insulation (CUI), says wear solutions provider Weartech director Adam Wintle.  

Thermal spray  coatings provide  protection for refineries
PROTECTIVE LAYER Coatings produced with thermal spraying are formed when millions of particles are deposited on top of each other and are bonded to the substrate

Company champions enterprise development in fledgling waste industry

By: Nadine James     8th September 2017 Skills and socioeconomic development company Bosch Ulwazi launched the first phase of its three-year Enterprise and Supplier Development (ESD) programme in KwaZulu-Natal, in July. The Petroleum and Waste Recycling programme will assist in developing five businesses that will offer products and... 

Company champions  enterprise development in fledgling waste industry
ENTERPRISE DEVELOPMENT The programme encompasses project and operations management, mentoring and skills development, as well as assistance with International Organisation of Standardisation accreditation

Well-managed upgrades essential at African refineries

By: Robyn Wilkinson     8th September 2017 With demand for cleaner fuel products driving refinery upgrades in Africa, turnaround planning must be carefully managed to eliminate the risks of costly overruns and production losses, which can threaten the economic viability of the projects, says project management consultancy Turner &... 

Well-managed upgrades essential  at African refineries
Photo by Bloomberg
KEEPING UP Refineries are under pressure to become more environment-friendly in respect of their direct impact on the environment and the impact of the fuels they produce

Importing refined fuels quicker and more financially viable for Africa

By: Robyn Wilkinson     8th September 2017 Rather than focusing time and finances on establishing new oil refineries, African countries should enhance their focus on a niche market strength that will enable them to become competitive in a global market, accepting that the import and storage of refined fuels is a quicker and more... 

Importing refined fuels quicker and more financially viable for Africa
RODRICK NAIDOO Countries that have their own crude resources and established mega-refineries could never be outpriced by a South African refinery

Strategic planning ensures successful turnaround on refinery upgrades

8th September 2017 Creative thinking and sound preparation enabled engineering firm MegChem to assist oil company Chevron with large-scale upgrades at its Cape Town refinery in a turnaround period of ten weeks, says MegChem director Louis Odendaal 

Strategic planning ensures successful turnaround on  refinery upgrades
TEAM EFFORT The combined Chevron and MegChem teams worked together closely to complete the upgrades

Statoil acquires an interest in two South African exploration licences

By: Anine Kilian     7th September 2017 Norwegian multinational oil and gas company Statoil has acquired an interest into two South African oil and gas exploration licences. It has bought a 35% interest in exploration right 12/3/252 Transkei-Algoa from ExxonMobil Exploration and Production South Africa. The licence covers about 45 000... 

Woodside steadily building its offshore position in Africa

By: Esmarie Swanepoel     6th September 2017 Australian oil and gas major Woodside will continue to grow its portfolio of offshore petroleum assets across the African region, executive VP for global exploration, Phil Loader, said on Wednesday. Speaking on the sidelines of the Africa Downunder conference, in Perth, Loader said that the... 

Woodside steadily building its offshore position in Africa
Photo by Bryan Charlton
Woodside VP for global exploration Phil Loader

PetroSA, Rosgeo sign multimillion-dollar deal for oil, gas exploration in South Africa

By: Anine Kilian     4th September 2017 State-owned PetroSA has signed an agreement with Russian geological exploration company Rosgeo that will result in the investment of about $400-million in oil and gas development off the coast of South Africa. The agreement was signed at the ninth yearly Brics Summit that is currently under way... 

South Africa has insufficient skills for development of a shale gas industry

By: Anine Kilian     1st September 2017 There are insufficient skills in South Africa to support the development of a shale gas industry, South African National Energy Association secretary general Dave Wright said at a national shale gas conference, in Port Elizabeth, on Friday. He noted that the country had a small and limited... 

Government certainty needed for successful shale gas exploration in South Africa

By: Anine Kilian     1st September 2017 Government must make a clear-cut decision on whether or not to proceed with shale gas exploration in the Karoo, University of Cape Town Institute of Marine and Environmental Law's Professor Jan Glazewski said on Friday. Speaking to Engineering News Online on the sidelines of a national shale gas... 

Policy limits South African gas economy

By: Marleny Arnoldi     1st September 2017 Policy and legislation on natural gas are currently bottlenecked in South Africa, which creates limits to South Africa’s gas economy growth, says growth strategy company Frost & Sullivan.  

Policy limits South African gas economy
Photo by Bloomberg
COVERING THE BASES South Africa is unlikely to get to a stage of fully understanding the technicalities and geology of indigenous natural gas until it gathers more empirical data

More participation in safety scheme ensures safe gas use

By: Marleny Arnoldi     1st September 2017 Despite strict safety compliance procedures, industries that use coal-fired or electrical equipment are slowly realising the benefits of using gas-fired equipment instead.  

More participation in safety scheme ensures safe gas use
Photo by Bloomberg
SAFETY CONCERN Having equipment conform to international/national safety standards is key to an effective gas system

Project to unlock local gas economy

By: Marleny Arnoldi     1st September 2017 The pursuit of piped gas into South Africa from Mozambique could unlock South Africa’s gas economy, says investment and project development company Fortune Capital.  

Project to unlock local gas economy
Photo by Bloomberg
UNLOCKING POTENTIAL Fortune Capital is an entity that is going to enable power players to access gas in South Africa Filename:

Waste management company recommends alternative energy switch

By: Marleny Arnoldi     1st September 2017 Considering natural gas as an alternative energy source could prove beneficial for the country’s economy in the long run, says waste management company Interwaste COO Jason McNeil.  

Waste management company recommends alternative energy switch
JASON MCNEIL South Africa’s gas economy is in its infancy, but once the market becomes more competitive, you will see a lot more technology introduced

Report indicates more research needed before fracking in the Karoo is allowed

By: Anine Kilian     31st August 2017 It is vital that all matters related to the development of a shale gas industry be carefully analysed and evaluated before South Africa considers exploiting shale gas, says University of Cape Town senior researcher Professor Cyril O’Connor. “It is well known that the exploitation of shale gas may... 

Uncertain power price path heightening grid-defection risk, EIUG warns

By: Terence Creamer     31st August 2017 Energy Intensive Users Group of Southern Africa’s (EIUG’s) Piet Van Staden has expressed serious anxiety about the near-term sustainability of South Africa’s electricity industry in light of the prospect of yet more tariffs hikes, which would further damage industrial demand and, in turn, trigger... 

Uncertain power price path heightening grid-defection risk, EIUG warns

Gas vital to South Africa’s energy mix

By: Anine Kilian     31st August 2017 All countries face energy challenges and must manage this by improving energy security and economic development, without compromising sustainable development, Department of Science and Technology (DST) director-general Dr Phil Mjwara said on Thursday. He pointed out that sub-Saharan Africa was... 

Fracking a potential 'game-changer' for South African economy - ASSAf professor

By: Anine Kilian     31st August 2017 Hydraulic fracturing (fracking) could be a “game-changer” for South Africa’s economy, Academy of Science of South Africa (ASSAf) VP Professor Barney Pityana said on Thursday. Addressing delegates at a national shale gas conference, hosted by ASSAf in partnership with the Department of Science and... 

CIG expects lower FY17 earnings

By: Creamer Media Reporter      31st August 2017 JSE-listed Consolidated Infrastructure Group (CIG) expects its earnings per share (EPS) and headline earnings per share (HEPS) for the financial year ended August 31, to decrease by 25% to 35%. EPS are expected to be between 165.75c and 191.25c, compared with 225c in the 2016 financial year,... 

Cape Town’s first oil storage, distribution terminal open for business

By: Samantha Herbst     30th August 2017 Cape Town’s first independent oil storage and distribution terminal, Burgan Cape Terminal, was officially opened in the Eastern Mole of the Port of Cape Town on Tuesday. The city’s newest energy asset offers 122 000 m3 of diesel and petrol storage and will offer the option to blend bioethanol and... 

Cape Town’s first oil storage, distribution terminal open for business

Botswana reaffirms commitment to 100 MW solar project

By: Terence Creamer     29th August 2017 The Botswana government has assured potential renewable-energy investors that it will follow through with the implementation of a proposed 100 MW utility-scale solar project, for which it received 166 responses to a call for expressions of interest (EoI) released earlier this year. The Botswana... 

Botswana reaffirms commitment to 100 MW solar project

Oando says petitions submitted to SEC against it have no merit

By: Anine Kilian     28th August 2017 JSE- and Nigerian Stock Exchange-listed Oando on Monday said two petitions submitted to the US Securities and Exchange Commission (SEC), alleging gross abuse of corporate governance and financial mismanagement by Oando, have no merit. The petitions were filed against the company by investment... 

Science sector’s action on shale gas to be deliberated at conference

By: Anine Kilian     28th August 2017 A science action plan to help steer the South African shale gas industry will be considered at a national shale gas conference to be hosted by the Academy of Science of South Africa (ASSAf), in partnership with the Department of Science and Technology, in Port Elizabeth, later this week. The... 

M&R homes in on US construction acquisition

By: Terence Creamer     24th August 2017 Restructured engineering and construction group Murray & Roberts (M&R), which offers project lifecycle services in selected natural resources markets globally, is actively pursuing a US acquisition, which it hopes to consummate during the company’s 2018 financial year. CEO Henry Laas tells... 

M&R homes in on US construction acquisition
Photo by Duane Daws
CEO Henry Laas

M&R reports ‘low’ order book of R26.9bn, but says outlook more promising

By: Terence Creamer     23rd August 2017 JSE-listed engineering and construction group Murray & Roberts (M&R) said on Wednesday that its “low” order book of R26.9-billion was reflective of tough conditions in the natural resources markets it serves internationally. However, the company described the near- and medium-term outlook as... 

M&R reports ‘low’ order book of R26.9bn, but says outlook more promising
M&R CEO Henry Laas

Sasol review may result in sale or closure of assets, but no ‘fire sale’  

By: Terence Creamer     21st August 2017 Chemicals and energy group Sasol has announced that an asset-review process is under way that could result in the sale, closure or growth of certain assets. However, the JSE-listed company has also stressed that there will be no “fire sale”. Joint president and CEO Bongani Nqwababa reports that... 

Sasol review may result in sale or closure of assets, but no ‘fire sale’
Sasol joint president and CEO Bongani Nqwababa speaks to Terence Creamer about the group's results, asset review, tax shock and strategic outlook. Camera Work & Editing: Nicholas Boyd & Duane Daws. Recorded: 21.8.2017

Sasol turns to courts after Sars slaps it with tax bills worth R12.8bn 

By: Terence Creamer     21st August 2017 JSE-listed energy and chemicals group Sasol will approach the Supreme Court of Appeal (SCA) to resolve a tax dispute with the South African Revenue Service (Sars), which has slapped it with assessments for outstanding tax liabilities and penalties worth R12.8-billion. The company made a... 

Sasol turns to courts after Sars slaps it with tax bills worth R12.8bn
Sasol CFO Paul Victor on the group's tax dispute with the South African Revenue Service. Camera Work & Editing: Nicholas Boyd. Recorded: 21.8.2017

Afrox anticipates higher interim earnings

By: Anine Kilian     18th August 2017 Higher sales volumes and improved operational efficiencies have contributed to an expected 20% to 32% year-on-year rise in JSE-listed Afrox’s earnings per share (EPS) for the six months to June 30. EPS are likely to be between 93c and 103c, compared with 77.8c in the first six months of 2016. 

Still much uncertainty as LPG stakeholders grapple with market inquiry findings

By: Mia Breytenbach     18th August 2017 In the findings and recommendations of the first-ever market inquiry into the local liquefied petroleum gas (LPG) industry, the Competition Commission urges public and private organisations to improve performance in the sector, yet much uncertainty remains in the wake of the report’s publication.... 

Still much uncertainty as LPG stakeholders grapple with market inquiry findings

Industrial gas supplier showcases commitment to craft beer market 

17th August 2017 Industrial gas supplier Air Products hosted media at Johannesburg-based restaurant and microbrewery Mad Giant in June, where it showcased its support for South Africa’s bourgeoning craft beer industry. David Oliveira tells us more. 

Industrial gas supplier showcases commitment to craft beer market
Industrial gas supplier showcases commitment to craft beer market

Erin Energy starts drilling at Oyo-9 well

By: Creamer Media Reporter      14th August 2017 Oil and gas exploration and production company Erin Energy Corporation has started drilling of the Oyo-9 well, offshore Nigeria. The well is being drilled with the Pacific Bora sixth-generation drilling rig and is expected to take about 62 days to complete. 

TITAN vacuum furnace purchased to support aerospace industry

11th August 2017 With a focus on pursuing additional market sectors, such as the aerospace industry, last month, heat-treating company Diamond Heat Treat purchased a TITAN H6 vacuum furnace with six-bar gas quenching to expand its capabilities. The TITAN H6 vacuum furnace is one of industrial vacuum and... 

TITAN vacuum furnace purchased to support aerospace industry
Photo by Bloomberg
PURSUING INDUSTRIES Diamond Heat Treat will use the TITAN vacuum furnace to pursue the aerospace industry

Rust-prevention sealing system ideal for corrosive environments

By: Nadine James     11th August 2017 Engineering components manufacturer Bearing Man Group’s (BMG’s) range of sealing products includes the Rust-Anode cold galvanisation system, designed for rust prevention in diverse industries, says BMG seals business unit manager Marc Gravett. He explains that Rust-Anode is the first active cold... 

Rust-prevention  sealing system ideal for corrosive environments
MULTIPURPOSE PRODUCT Rust-Anode is perfect for applications where an anti-corrosion seal would be beneficial

Macozoma concerned South Africa may miss out on big electric-vehicle opportunity 

By: Terence Creamer     8th August 2017 Leading business personality Saki Macozoma has expressed concern that South Africa is not fully aligning its economic and industrialisation plans to areas of future demand, including in the area of electric vehicles (EVs). Speaking at the launch of a new book authored by political commentator... 

Macozoma concerned South Africa may miss out on big electric-vehicle opportunity
Photo by Duane Daws
Saki Macozoma

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