South Africa’s First Dedicated Development in the Oil and Gas Services & Marine Repair Sector
South Africa’s first dedicated development in the oil and gas services & marine repair sector to support upstream exploration and production development.
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South Africa’s first dedicated development in the oil and gas services & marine repair sector to support upstream exploration and production development.
“Thanks to the information we have received from international oil companies as well as the reconnaissance operators through the data that have been acquired by means of seismic survey we have realised that there is potential that we might be able to have oil and gas in our offshore areas.”
“South Africa is extremely well positioned to do that. Geographically it’s on very strategic sea routes. It’s in the European time zones. We have strong air connections into the globes major oil and gas hubs,” says Niall Kramer, CEO of SAOGA.
“What we are looking at now in the short term is the LNG-to-power opportunity. That is going to be the next big opportunity for Southern Africa in terms of upstream oil and gas, especially in the Oil & Gas services sector where we operate,” says Niall Kramer, CEO of SAOGA.
“What we are looking at now in the short term is the LNG-to-power opportunity.”
“That is one of the big concerns around the entire oil and gas industry in South Africa. As the public has become more educated, they have become more concerned,” says Dave van Der Spuy, Resource Evaluation Manager of Petroleum Agency SA.
“South Africa is known in the industry as having very strong environmental safeguards and it expects a lot from its oil and gas operators.”
The largest and deepest natural port in the Southern Hemisphere.