Press release | Manufacturing DEAL

Press release | Manufacturing DEAL

Western Australian-based precision engineering firm SixDe has landed a major deal with global pipeline technology company SRJ Technologies. SixDe, a division of industrial robotics company Nexxis, will manufacture SRJ Technologies’ range of weld-free products for pipe repair and replacement at its workshop in Perth.

Nexxis and SixDe Managing Director Jason De Silveira said the SRJ range offered both permanent and temporary solutions across a broad range of pipeline applications.

“The SRJ products offer safer, faster, smarter and more cost-effective options for pipe repairs and replacement than conventional methods,” Mr De Silveira said.

“In the Australasian market, we see the products being in strong demand in the oil and gas sector particularly, as there is a major push to improve safety, reduce fugitive emissions and identify greater cost efficiencies.

“Weld-free solutions also mean a reduction in shutdowns and significant time savings for pipework on platforms, subsea infrastructure and at land-based facilities.” SRJ Technologies is based in Jersey in the UK and recently announced its intention to list on the Australian Securities Exchange. A pre-IPO capital raising is currently underway, led by CPS Capital. CEO Alexander Wood said the deal with SixDe and broader relationship across the Nexxis group were a major milestone as the company expanded its footprint in the region.

“SixDe’s world-class precision engineering capabilities, coupled with Nexxis’ expertise and influence in the Australasian oil and gas sector, provide SRJ with a significant boost as we expand our presence in the region,” Mr Wood said.

“Having a partner such as SixDe to deliver fast prototyping and customised precision engineering is vital for our success, as the local manufacturing capability allows our solutions to be provided to clients quickly and cost effectively.

“In addition, the deal will be further bolstered through SRJ’s soon-to-be-announced supply agreement with a global asset integrity services provider that already has major supply deals with some of the key operators in the region.”

Mr De Silveira said the agreement also included SRJ Technologies engineering staff working with the SixDe team and joint marketing initiatives between the various entities.

“We expect to work collaboratively across SRJ, SixDe and Nexxis to develop a range of complete solutions, such as specialised tooling, and robotics and automation technologies capable of carrying out the tasks required to fit the products,” he said.

“As the oil and gas industry looks to eliminate manned entry and significantly reduce the need for divers to carry out subsea operations, these sorts of collaborative developments are a major step forward in delivering safer, faster, more accurate and highly cost effective solutions for industry.

‘We envisage this deal leading to more jobs and greater recognition of Western Australia as a global hub for research and development of new technologies to drive
improvements in the oil and gas.”