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Successful Control System Cutover at the World’s Largest Oil Processing Plant

With the capacity to produce over seven million barrels per day, Saudi Aramco Company Abqaiq plants comprise the largest oil processing and crude stabilization facility in the world. Abqaiq is the main oil processing center for Arabian Extra Light (AXL) and Arabian Light (AL) crude oils and produces natural gas liquids (NGL) as a bi-product for Saudi Aramco’s daily oil processing activities. To support both the oil and gas plants, Abqaiq Plants produce their own electrical power, steam, instrument air, and water.

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Saldanha Bay IDZ Licencing Company Bill finalised

The SB IDZ Licencing Company Bill was at its final stage and the DA in the Western Cape says it is pleased with the progress that has been made by the Standing Committee on Economic Opportunities, Tourism and Agriculture in the Western Cape, together with all stakeholders. The oil and gas service sector forms part of the Western Cape’s strategic objectives and aims to increase direct jobs by more than 21,000 within the next five years.
 
The draft of the SB IDZ Licencing company Bill 2015 was referred to the Standing Committee on 28 February 2016 for consideration and reporting.  Public hearings were conducted in Saldanha Bay and Cape Town on the 1st and 2nd of March. 2016. The Standing Committee deliberated the contents of the Bill and took into consideration both, written and verbal inputs made by all stakeholders. The informal and formal consideration of the Bill was concluded by the Standing Committee on 22nd March 2016.  
 
This bill deals with only the essential provisions and is not isolated in its existence, but fits into a whole host of national legislation -more specifically the Special Economic Zone Act, the Companies Act and the PFMA. Without this Bill, the SB IDZ cannot transact or conclude its property agreements with the IDC and TNPA, nor can it transact with SARS.
 
The West Coast District economy contributes to 32% of the Western Cape GDP in 2013 and the fourth largest employer within the Western Cape. The development of the SB IDZ forecasts R53,4bn cumulative contribution to the WC GGP by the end of 2020, with an approx. R8,2bn in cumulative taxes back to the national fiscus. 
 
As Chairperson of the Standing Committee on Economic Opportunities, I would like to extend my gratitude to everyone involved in the process for their continued dedication and hard work throughout the bill process.  The DA led Western Cape Government continues to lead the way in youth development and affording the people of the Western Cape endless opportunities.
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Oil and gas players need to get technical

Statement made by Thabo Ndlela, Director at IFS Africa:

"African oil and gas companies that have grown up in an environment of rising energy prices must now operate on low margins. That means they need to re-examine their business assumptions and invest for long-term sustainability. Though there is plenty of waste and mismanagement to address, changes are long overdue and there will undoubtedly be some cultural resistance.

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Petrochemical hub is solution to SA’s low oil price issues

International oil companies have ways of dealing with a low crude price. The recent drop is not the first time it has happened and the rapid job shedding in the North Sea oilfields is a case in point. But for their wholly-owned subsidiaries, the drop in price poses different, country-specific challenges that may require actions that management, employees, consumers and governments may not like.

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Supporting oil and gas business

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The South African Oil & Gas Alliance (SAOGA) is an outgrowth of a provincial government sector development programme around the oil and gas industry in the Western Cape Province of South Africa (a region that includes Cape Town, Mossel Bay and Saldanha Bay). This programme was focused on a significant cluster of upstream supplier companies that developed in the province in response to upstream growth in West Africa and the the establishment of domestic production in Mossel Bay in the late 1980s.

An indepedent non-profit entity known as the Cape Oil and Gas Supply Initiative (COGSI) was established in 2003 to become the main vehicle for promoting and developing the sector. The Board subsequently renamed COGSI the South African Oil and Gas Alliance to reflect the growing involvement of upstream suppliers from other regions and the fact that no other South African organisation focuses on the upstream supplier base.

Today we have a national footprint and focus although the Western Cape remains the de facto centre of upstream supplier activity in South Africa.

SAOGA is dedicated to promoting the upstream and midstream sectors of the oil and gas value chain, primarily in South Africa and regionally in Southern Africa.

The organisation operates as a partnership between the public and private sectors, receiving public funding to carry out a range of industry development activities and working to promote the interests of members. It is overseen by an independent volunteer Board of Directors from industry and a number of other key stakeholders.

 

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Oil and Gas Africa Conference highlights business opportunities in Africa

A one-day conference focusing on opportunities in the Sub-Saharan African oil and gas industry will take place alongside next week’s Oil & Gas Africa 2014 expo, on 2 July 2014 at the Cape Town International Convention Centre. Oil & Gas Africa is a component exhibition of the Cape Industries Showcase (CIS) which includes the Maritime & Offshore Marine Africa Expo and the Refrigeration and Airconditioning Africa expo, and runs from 2 to 4 July 2014.

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