An oil and gas fabrication facility in Saldanha has been handed over to Grinaker-LTA Mechanical & Electrical which is taking responsibility for the operation of the facility. The facility is part of the MAN Ferrostaal Offset Project and the Department of Trade and Industry’s National Industrial Participation Programme.

Grinaker-LTA Mechanical & Electrical will in turn lease the facility to Ferromarine Africa, the head lessee to South Africa’s National Ports Authority.

A decision to invest in the Saldanha fabrication facility was taken as a result of global growth in the offshore oil and gas industry, which has required facilities of this nature to support it. The facility will provide fabrication services to support market growth for West Africa and other regions, currently serviced by yards in Southern Europe, Korea and the Middle East.