West Coast Business News & Directory.

West Coast Economy set to rise, Thanks to Oil

Oil Storage is on the rise. The place to be is right here on the West Coast. Not since the 1970s has South Africa seen such a substantial increase in Oil storage facilities and linked foreign investment.  After the environmental impact studies were completed the building process was allowed to begin. Whispers of economic development have been looming ever since, but no-one has quite felt the benefit...

Incredible Drone Footage of the West Coast

With summer knocking on the door, we are all ready to welcome the festive season ahead. Sure, we have to share the beaches with swarms of “foreigners”, but let that be a reminder to us that they are here because we live in one of the most beautiful places on earth. (more…)

Saldanha Bay Industrial Development Zone (IDZ) planning public participation partnerships (PSPs)

Transnet National Ports Authority / MEDIA STATEMENT / Transnet National Ports Authority said it had built flexibility into the tender specifications for Operation Phakisa new build projects at its ports in order to meet the current economic climate. Speaking at the African Ports Evolution 2016 Conference in Durban last week, Ricky Bhikraj, Executive Manager for Capacity and Enablement at TNPA and Programme...

The Saldanha Bay IDZ Licencing Company is ‘’fast-tracking’’ development

On Friday 10th June, the Saldanha Bay IDZ Licencing Company (SBIDZ-LC) held their second annual Suppliers Awareness Day at the Protea Hotel in Saldanha Bay. The purpose of the event was to provide general feedback around enterprise development, the progress of the IDZ’s infrastructure and opportunities, as well as the policy changes from National Treasury’s Supply Chain Management landscape affecting...

IDZ Saldanha Bay Licencing bill legislation

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...

Saldanha Bay to be showcased at the CTICC in Cape Town

The government’s planned investment of R9.2bn to develop Saldanha Bay The government’s planned investment of R9.2bn to develop Saldanha Bay into a world ­class hub for southern African offshore oil and gas drilling will create substantial opportunities for companies operating in the sector. The Oil and Gas Africa (OGAF) 2016 expo forms an effective services showcase and business networking platform...

West Coast News: Oil, Gas and the IDZ, all change again!

In South Africa, an application is set to be submitted to the Western Cape Cabinet at the end of this year, to transform the Saldanha Bay Industrial Development Zone (SBIDZ) into an independent public entity. The SBIDZ has designed a port that provides players in the oil and gas industry with a customs-controlled and duty-free area. Once the application has been submitted, Economic Opportunities MEC...

PROPOSED OIL AND GAS OFFSHORE SERVICE COMPLEX SALDANHA BAY IDZ

PROPOSED OIL AND GAS OFFSHORE SERVICE COMPLEX SALDANHA BAY IDZ Description: The Saldanha Bay IDZ Licensing Company (LiCo) was jointly established by the national Department of Trade and Industry, the Western Cape Government and the Saldanha Bay Municipality for the implementation of the Saldanha Bay IDZ Programme. To this end, LiCo is seeking the necessary environmental authorisation for the development...

SUNBIRD ENERGY PROPOSED IBHUBESI GAS PROJECT

GAS pipe to Cape Town and Saldanha on the West Coast Description: Sunbird Energy (Ibhubesi) (Pty) Ltd (hereafter referred to as Sunbird) is considering the development of the Ibhubesi Gas Project. Sunbird is the operator and 76% interest holder in Production Right Block 2A, with PetroSA holding a 24% interest. The production right for the development of the Ibhubesi Gas Field was obtained in terms...

Montero and Ovation plan fertilizer plant in Saldanha Bay port.

Montero Mining and Exploration has entered a binding letter agreement with Greenflash 251 to acquire up to a 75% interest in the Greenflash off-shore phosphate project. Montero has six months from signing to complete financial, legal and technical due diligence and seek TSX-V approval. Upon fulfilment of all conditions precedent, Montero shall immediately earn a 49% interest in the Greenflash project...