Aurex Constructors, a South African company in the energy sector, has identified Mozambique, Namibia and the Middle East as strategic markets for its expansion.
The company, which operates in various energy segments, including oil, gas, chemicals, renewable energies and conventional energy, is looking to consolidate its presence outside South Africa, in a context of transformation of the regional energy market.
Aurex’s international expansion comes at a time when the oil and gas sector is facing challenges in retaining market share. Despite maintaining its commitment to this segment, the company sees opportunities for growth in markets such as Mozambique, where there are emerging projects in natural gas exploration.
Aurex’s CEO, Stuart Kent, highlighted the experience of the management team as one of the key factors for expansion.
‘One of our main strengths lies in the experience of our leadership team. Few challenges are beyond our ability to overcome,’ he said.
Aurex has enjoyed the support of RMB Ventures, which has enabled new investments and facilitated access to capital for the company’s growth. The partnership has allowed the company to expand its engineering capacity in renewable energy projects, consolidating a full-service model for clients.
The entry into Mozambique and other strategic markets is part of Aurex’s plan to position itself as one of the main players in the construction of renewable energy projects and the maintenance of energy infrastructures on the African continent.
