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Oil & Gas News

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... 

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

Sunrise Energy's R1bn LPG storage facility to boost energy security, downstream competition

By: Anine Kilian     7th August 2017 Sunrise Energy's R1.02-billion open-access liquefied petroleum gas (LPG) import and storage terminal, in Saldanha Bay, in the Western Cape, will enable the import of LPG in large quantities, boosting regional energy security and increasing downstream competition. The facility, which is Africa's... 

Sunrise Energy's R1bn LPG storage facility to boost energy security, downstream competition

Legal and policy certainty required if gas economy is to be realised

By: Mia Breytenbach     4th August 2017 Key factors that will influence the establishment of a gas economy in South Africa include the passing of the amended Mineral and Petroleum Resources Development Act (MPRDA) and greater clarity regarding the expected and stated imports of liquefied natural gas (LNG), says South African Oil and... 

Legal and policy certainty required if gas economy is to be realised
Photo by Reuters
INDUSTRIAL ROLEMODEL Liquefied petroleum gas industry could play a strategic role in the establishment of a gas economy as key lessons can be learnt from this industry 

DBSA committed to funding infrastructure projects throughout SADC

By: Anine Kilian     1st August 2017 With low levels of electrification hindering economic growth and development in sub-Saharan Africa – where 78% of the population is reliant on biomass as their main energy source – $57-trillion will be required until 2030 to fund the continent’s infrastructure and energy projects, according to... 

Collaboration key to developing gas projects in SADC region 

By: Anine Kilian     1st August 2017 The successful execution and implementation of energy projects in the Southern African Development Community (SADC) region, such as the Mozambique–South Africa gas pipeline project, depends on adequate collaboration between SADC member states and the owner-operators of the project, according to... 

Kubayi refutes CEF board suspension report 

By: Creamer Media Reporter      1st August 2017 Energy Minister Mmamoloko Kubayi on Tuesday refuted a media report stating that she had suspended the Central Energy Fund (CEF) board. The Minister confirmed, however, that board members had been handed letters in July 26 requesting “an explanation on concerns”. No details were provided, however,... 

Kubayi refutes CEF board suspension report
Energy Minister Mmamoloko Kubayi

Gas-to-power a more favourable alternative energy source

By: Nica Schreuder     28th July 2017 The nuclear procurement programme was rejected in the High Court earlier this year and opens the way for greater advocacy around the gas-to-power programme, says oil and gas specialist Lizel Oberholzer. “The focus on nuclear energy generation has come at the cost of the development of other... 

Gas-to-power a more favourable alternative energy source
LIZEL OBERHOLZER The importation of LNG remains the biggest opportunity for growth in the gas sector, says Oberholzer

Shale gas still a power resource option

By: Nica Schreuder     28th July 2017 Global leading engineering, consulting and construction company Black & Veatch sub-Saharan Africa business development director Webb Meko says successful exploration for shale gas could make up for South Africa’s lack of natural gas as a power resource. “Concerns about the possible detrimental... 

Shale gas still a power resource option
Photo by Reuters
PICTURESQUE POTENTIAL A large amount of untapped shale gas in the Karoo basin provides both opportunities and challenges for South Africa’s gas economy

SacOil to acquire local fuels wholesaler

By: Samantha Herbst     27th July 2017 JSE-listed SacOil is in talks to acquire a South African fuels wholesaler that owns and operates a substantial fleet of heavy-duty tankers, the company announced Thursday. The wholesaler sells fuel products, namely diesel, petrol and paraffin, on a bulk basis to its customers operating within... 

New model for estimating risk proves effective in case studies

21st July 2017 Massachusetts-based business school MIT Sloan School of Management have presented new research about a new model that estimates risks and extends gate review analysis beyond “go” and “no go” options. “Today, most technical development projects go through a phase-gate process, with each gate... 

New model for estimating risk proves effective in case studies
Photo by Bloomberg
CASE STUDY Researchers at MIT showed how their gate decision analysis method works with a case study at producer of oil and natural gas BP, in Houston

Pipeline expansion project completed in February

14th July 2017 In February, high-end and specialised equipment supplier Energas Technologies announced that it had completed a commission to design and supply a mobile heater skid to a budgeted $210-million pipeline expansion project. The project was commissioned by engineering firm VGI Consulting Africa, on... 

Pipeline expansion project  completed in February
UNDER PRESSURE The new line was filled and pressurised from atmospheric pressure to a line pack pressure of 116 Bar

MPRDA, LNG import clarity key to establishment of gas economy

By: Mia Breytenbach     11th July 2017 Key factors that will influence the establishment of a gas economy in South Africa include the passing of the amended Mineral and Petroleum Resources Development Act (MPRDA), while greater clarity is also needed around the anticipated and stated imports of liquefied natural gas (LNG), says South... 

Nepad Special Fund contributors call for increased contribution for Africa’s infrastructure development

By: Creamer Media Reporter      10th July 2017 While contributions to the New Partnership for Africa’s Development’s (Nepad’s) Infrastructure Project Preparation Facility (IPPF) Special Fund reached some $90.5-million during the first half of this year, donor contributors have urged other countries to contribute to the fund to support... 

New-generation Sentient hand-held unit for gas detection

7th July 2017 The new generation Ingress Protection 68 rated Sentient handheld unit is widely regarded as the most cost effective, sophisticated and low maintenance gas detection device in the mining industry today. 

New-generation Sentient hand-held unit for  gas detection
GAS DETECTION SYSTEMS This instrument was developed by Booyco Electronics, specifically to improve safety in any confined spaces

Thermometer designed and tested for industry use

7th July 2017 Handheld-products supplier Fluke - represented locally by distribution service provider Comtest - has launched the Fluke 64 MAX IR thermometer with internal memory, unattended monitoring, improved accuracy, increased battery life, as well as the precision needed to do the job accurately. 

Thermometer  designed and tested  for industry use
THERMOMETER APPLICATIONS Applications include the industrial maintenance, the electrical as well as the heating, ventilation and air conditioning industries

Commissioning activities under way at pipeline

By: Simone Liedtke     7th July 2017 Packaging company Nampak Glass in May commissioned a 1-km-long, high-pressure underground gas pipeline that was constructed by multidisciplinary corporation Saiyl. 

Commissioning activities under way at pipeline
NAMPAK STATION This underground pipeline ties into the newly constructed Nampak Pressure Reduction Station in Germiston

Need for accurate designs of dosing systems 

By: Simone Liedtke     7th July 2017 The designs for dosing systems in the gas and fumes industries have to be accurate to ensure safety, says chemical dosing and pumping applications supplier Packaged Metering and Pumping Solutions (PMPS) technical director David O’Neill. 

Need for accurate designs of dosing systems
Packaged Metering and Pumping Solutions’ David O’Neill talks about the company’s strategies with regards to the fracking process. Camerawork and Editing: Nicholas Boyd.

Tosaco Energy granted permits to explore for onshore gas in Mpumalanga 

By: Megan van Wyngaardt     6th July 2017 The Petroleum Agency of South Africa has granted a new entrant in South Africa’s energy sector, Tosaco Energy, three onshore technical cooperation permits (TCPs), enabling the company to explore for and develop a potential gas resource in Mpumlanga. Situated near existing natural gas pipeline... 

Tosaco Energy granted permits to explore for onshore gas in Mpumalanga

CEF appoints new interim PetroSA board

By: Megan van Wyngaardt     6th July 2017 The Central Energy Fund (CEF) has appointed a new interim board at embattled State-owned oil and gas company PetroSA, effective July 5. Former South African Farmers Development Agency MD Nhlanhla Gumede has been appointed chairperson, succeeding former interim chairperson Wilfred Ngubane. 

Agri SA says will not support fracking as set out under current legislation  

By: Anine Kilian     5th July 2017 Agricultural industry association Agri SA says it cannot support government’s continued pursuit of hydraulic fracturing (fracking). Addressing media at a briefing in Centurion, on Wednesday, Agri SA president Johannes Möller said there were still uncertainties with respect to water supply and... 

Agri SA says will not support fracking as set out under current legislation
Agri SA President Johannes Moller talks to Engineeirng News Online about fracking

AFC loans $28m to Tunisia’s Topic SA

By: Anine Kilian     4th July 2017 Independent energy company Topic SA will receive a $28-million subordinated loan facility from multilateral development finance institution Africa Finance Corporation (AFC) to develop the Halk El Menzel offshore oil concession block, also known as the Helm project, in Northern Tunisia. The Helm... 

New solution available in SA

By: Tasneem Bulbulia     30th June 2017 US-based safe water disinfection company MIOX, a Johnson Matthey company, designs and manufactures on-site chemical generators, which are an alternative solution to using hazardous chemicals, and its many benefits can be applied positively in South Africa, suggests MIOX senior applications... 

New solution available in SA
ALTERNATIVE SOLUTION MIOX’s on-site chemical generators are an alternative to using hazardous chemicals for water treatment

Summit to outline African LPG market growth potential

By: Mia Breytenbach     29th June 2017 While Africa – the fastest-growing liquefied petroleum gas (LPG) market in the world today – is rich with potential for LPG industry players, distribution challenges, affordability and safety issues need to be addressed to capitalise on this potential, according to industry experts. This emerged... 

Municipality reduces GHG by using buses

By: Simone Liedtke     16th June 2017 The City of Johannesburg metropolitan municipality aims to achieve 25% less greenhouse-gas (GHG) emissions, an operational cost efficiency with gas at R7/l for bus equivalents, and over three phases create more supply chain opportunities using its ‘green’ Metrobus fleet. 

Erin Energy targets Oyo-9 drilling completion by year-end

By: Megan van Wyngaardt     12th June 2017 JOHANNESBURG (miningweekly.com) – The start of drilling operations at dual-listed Erin Energy’s Oyo-9 development well, in Nigeria, is planned for July, with a targeted completion date before year-end. This follows the signing of a $15-million drilling contract with Pacific Drilling, in March,... 

Petredec, Bidvest to develop 22 600 t LPG storage facility 

By: Megan van Wyngaardt     9th June 2017 Liquefied petroleum gas (LPG) logistics company Petredec has entered into an agreement with bulk liquid storage operator Bidvest Tank Terminals to develop a new 22 600 t facility for the import and storage of LPG at Bidvest’s site, in Richards Bay. The completed facility will be the region’s... 

Experts see radical changes ahead in the oil and gas industry

By: Kim Cloete     8th June 2017 Climate change policies, green investment and changes in consumer behaviour are beginning to bite and are expected to have a major impact on oil consumption throughout the world, a special seminar on the future of oil and gas has heard. “The collapse in the price of oil and the failure of the... 

Afrox appoints new CFO

By: Creamer Media Reporter      8th June 2017 JSE-listed African Oxygen (Afrox) has appointed Matthias Vogt CFO and executive director, effective August 1. He will succeed Dorian Devers, who will step down as CFO on July 31. 

Only two board members left at beleaguered PetroSA – report

By: News24Wire      7th June 2017 The Central Energy Fund declined to comment on Wednesday on a report that four of the six remaining board members of PetroSA tendered their resignations. BusinessLive reported that the resignations of now interim board chairperson Wilfred Ngubane, Thami Hlongwa, Johlene Ntwane and Banothile... 

Sunrise discharges first LPG shipment through Saldanha Bay terminal

By: Samantha Herbst     2nd June 2017 One of two international traders – and their local joint venture partners – who have commercial agreements in place with South Africa-based energy infrastructure company Sunrise Energy on Thursday discharged 2 450 t of liquefied petroleum gas (LPG) through Sunrise’s Saldanha Bay terminal, in the... 

Sunrise discharges first LPG shipment through Saldanha Bay terminal

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