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Introductory Remarks – Oil & Gas Services Sector

Introductory Remarks – Oil & Gas Services Sector. Premier’s Skills Summit Warwick Blyth CEO/Executive Director . February 2013. Regional E&P. Sub-Saharan Africa is one of the world’s fastest growing upstream opportunities. North Africa ~5 MMBO/day.

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Introductory Remarks – Oil & Gas Services Sector

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  1. Introductory Remarks – Oil & Gas Services Sector Premier’s Skills Summit Warwick Blyth CEO/Executive Director February 2013

  2. Regional E&P Sub-Saharan Africa is one of the world’s fastest growing upstream opportunities North Africa ~5 MMBO/day Estimated 3-4 Bbbls oil discovered onshore in Rift Valley • Offshore West Africa ~5 MMBO/day • Pre-salt, deepwater growth ~200TCF recoverable gas discovered in Rovuma basin • South Africa • Licenses fully leased • Gas development • Early stage exploration Upstream expenditures in sub-Saharan Africa are currently >$30 billion annually and will continue at this rate for at least a decade

  3. SA Service Sector The oil and gas industry involves a lot of players and has diverse skills requirements Operators(License holders) Fabrication & Construction (Subsea modules, jackets, topsides modules, steels & pipe, tugs/barges) Maritime Repairs & Maintenance (Rig/ship repairs, class surveys, rope access services, certification, inspection & testing) E&P Service Companies (Local/regional bases of global players) General Engineering Services (Mechanical, electrical & controls, civil & structural, geotechnical, environmental, chemical & process, marine, general & specialised project management) Equipment & Materials Supplies (Pumps, valves, pipes, motors, hoses, instrumentation, chemicals, hydraulic & pneumatics, process equipment) Logistics (Freight forwarding and clearing, warehousing & storage, helicopters, crew changes, chandelling, bunkering, stevedoring) Other Services (ROV repair, training, financial, legal, commercial, IT, medical services, SHEQ services, recruitment, salvage, diving services, hospitality)

  4. Billions of dollars of local and regional oil & gas projects will create opportunities over the next decade 0-3 Years 10+ Years 4-10 Years Refineries Clean Fuels (R40bn) Rig Repair Hub (~R3bn/yr) PROJECTS Shale Gas Exploration ($200m) Shale gas Production? ($bns) Orange Basin Gas to Power ($2bn+) SA Deepwater Developments? ($bns) East Africa Rift Developments ($4bn+) East Africa LNG Phase 2+ (USD20bn+) East Africa LNG phase 1 (USD10bn+) Time Graduate & Post-Graduate Engineering & Geoscience Skills Wide Variety of Artisan Skills Needed SKILLS Compliance with International Standards and Work Practices Academic and On-the-job Training is Required for Effective Skills Development

  5. For further information contact: • Warwick Blyth : Tel + 27 21 425 8840 • : wblyth@offshoreafrica.co.za • Website : www.saoga.org.za

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