West Coast Business News & Directory.

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...

Saldanha Bay perfect for R20 billion liquefied natural gas project

CAPE TOWN – South Africa could build its first R20 billion liquefied natural gas (LNG) import facility at the west coast port of Saldanha Bay to feed gas-to-power projects aimed at easing chronic supply shortages, an official said on Tuesday. Importing LNG is among the options Africa’s most developed economy is considering to diversify its energy sources away from coal and ease power shortfalls...

South Africa’s multi-billion-rand oceans economy, in Saldanha

Cape Town – Deputy Transport Minister Sindisiwe Chikunga attended an investment seminar in London on Tuesday to promote investment in South Africa’s multi-billion-rand oceans economy. The seminar was part of Operation Phakisa – an initiative focused on driving the economic potential of the country’s oceans. In her address at South Africa House in London’s Trafalgar Square, Chikunga said...