EOH Industrial Technologies and STEAG Energy Services of Germany are proud to announce their strategic joint venture to bring leading expertise to the Energy sector in South Africa.
STEAG EOH Energy Services South Africa (Pty) Ltd. which was announced at the Africa Energy Indaba (AEI) in Johannesburg is an important milestone in the provision of technology and energy services in the country and is a strong signal of the business potential in South Africa for foreign investors.
Electricity pylons carry power from Cape Town’s Koeberg nuclear power plant July 17, 2009. South Africa will need 20 gigawatts (GW) of new power generation capacity by 2020 and would require double that amount a decade later to meet rising demand, the country’s power utility said September 7, 2009. Picture taken July 17, 2009. REUTERS/Mike Hutchings (SOUTH AFRICA ENERGY BUSINESS)
By combining leading international expertise and experience in the processes of the efficient operation of power plants with local skills, STEAG EOH Energy Services is equipped to deliver a sustainable world-class service to clients across the complete energy spectrum.
This strong collaboration will be the first choice for engineering, technology, operations and maintenance services to meet the diverse and dynamic requirements of South Africa.
The signing of the joint venture agreement by the CEO of EOH Industrial Technologies, Zunaid Mayet and the CEO of STEAG Energy Services, Dr Ralf Schiele at the Africa Energy Indaba was a sign of the mark the duo want to make in South Africa.
Zunaid Mayet; “STEAG EOH Energy Services brings together leaders in technology and engineering innovation in a unique partnership which will deliver world class energy solutions to the region, spanning; design, engineering, operation and optimisation of all types of power generation facilities.”
Dr Ralf Schiele; “I am excited about this partnership, because it is our intention to transfer skills, technology and advanced energy capabilities into South Africa. It is our goal to develop engineering, operations and maintenance solutions and skills to make a meaningful impact to the country.”
“By combining STEAG’s global network of technology and knowledge-base, with EOH’s technology systems, local skills, capacity and expertise, the partnership can advise and assist on all aspects of the continuous operation, enhancement and optimisation of existing power plants. It is because we can provide local resources and skills with globally proven processes, systems and technology, top-level support and expertise that STEAG EOH is able to deliver a service that can be completely tailored to meet each clients’ requirements.” adds Mayet.
About STEAG
STEAG GmbH has been active in power generation for almost 80 years now. As a business with international operations, STEAG offers its customers integrated solutions in the fields of electricity and heat production and engineering services. Core competencies include design, construction and operation of both major power plants and distributed facilities, and the marketing of electricity from generating plants. Power generation is based on both fossil fuels and – for over a decade now – renewable energy sources. STEAG Energy Services GmbH is a wholly owned subsidiary of STEAG GmbH. The core competences of STEAG Energy Services are all-round energy engineering and services. STEAG Energy Services employs around 2000 people worldwide, the majority of whom are engineers, scientists and technicians.
About EOH
EOH Holdings, as a forerunner in the technology and service provider space, is a constant driving force for good in the South African market. The company has an exceptionally broad and diverse base of skills and resources, drawing on a proudly South African ethos to provide solutions to enhance our customers’ businesses. EOH Industrial Technologies combines state-of-the-art technology and best practice to create facilities and infrastructures that are efficient, smart, safe, healthy and secure. EOH is committed to growing the capabilities and skills in the country.
