Connect with us
Advertisement
Advertisement

Business

Murco sale ‘agreed’ says MP

Published

on

 

Future secure: Stephen Crabb MP has announced that Murco's will stay open.

Future secure: Stephen Crabb MP has announced that Murco’s will stay open.

THERE has been a breakthrough in the ongoing negotiations to find a new buyer for Murco oil refinery in MIlford Haven.

Speaking on Saturday, Preseli Pembrokeshire MP Stephen Crabb told The Herald: “I am delighted with the breakthrough today in negotiations over the sale of the Murco oil refinery in Milford Haven. The agreement in principle reached between Murphy and the buyer is a hugely positive step forward. The sale will secure hundreds of high quality jobs and will enable the refinery to continue operating fully. There remain challenges ahead, and a due diligence process to be completed, but I am just so pleased that we have reached this point. I am very optimistic that the sale can be completed. It has felt like a race against time to find a new buyer ever since Murphy started the clock on potential closure. I am very pleased that I was able to bring the buyer into the negotiations in the first instance and help broker a deal. At every step of the way I have remained in close contact with all parties and have worked tirelessly to keep negotiations flowing when difficulties arose. All along I have been incredibly impressed with the dedication of the workforce on site who have stayed focused despite the huge cloud of uncertainty hanging over the refinery.”

The Herald understands that a sale to oil entrepreneur Gary Klesch has been agreed, although the deal is yet to be finalised.

Speaking on BBC Wales on Sunday, Mr. Crabb said was delighted with the timing of the deal: “It was crucial to get this breakthrough this weekend because Murphy were clear that without that commitment, they were going to announce tomorrow morning they were beginning the process of shutting down the refinery altogether,”

Gary Klesch is an Anglo-American entrepreneur, who in 1990 founded The Klesch Group, a global industrial company, based in Geneva, Switzerland, which he owns and chairs.

Delyth Evans, Labour Parliamentary Candidate for South Pembrokeshire said on Sunday: “If this deal goes through it is fantastic news and a huge relief to employees at Murco and to the wider community. It is a vote of confidence in Pembrokeshire and in our skilled workforce. A lot of people including the Welsh Government have been working incredibly hard to secure a buyer for the plant, and it is to all their credit that these efforts appear to have finally paid off. I wish the new owners every success and I hope this will bring further investment to the area. News of the agreement in principle is very encouraging. Murco is an extremely important employer for the area, supporting more than 400 skilled, well paid jobs. The prolonged period of uncertainty has been difficult for everyone concerned.

Mrs Evans added: “I know that the Welsh Government Business Minister, Edwina Hart, will be leaving no stone unturned in trying to ensure a sale and save the jobs I sincerely hope for the successful completion of the sale.”

Murphy oil said yesterday: “Solid progress has been made on negotiations, but the deal has not yet been signed and sealed.”

Stephen Crabb said that he had worked closely with the UK and Welsh Government. He added “The crucial breakthrough came with the involvement of the Chancellor of the Exchequer in the past few days, when he put the full weight of his support behind keeping Murco open. It was a race against time. I first met with the current buyer give months ago and have remained in contact with them while Murphy was locked into negotiations with Grey-bull.”

Stephen Crabb told The Herald: “There was a concern at a UK level about the position held by Murphy Oil in Arkansas, USA. We needed to be sure that they were willing to sell the refinery as a going concern. It just so happens that I have a good working relationship with the Senator or Arkansas, who helped to open lines of communication between the UK Government and Murphy Oil. It was a question of pulling out all the stops and trying all angles to save the refinery.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

Business

Dragon Palace owners take on The Woodridge Inn Hotel, Saundersfoot

Published

on

AFTER five years running the popular Dragon Palace Chinese restaurant at Pentlepoir in Pembrokeshire, owners Jenny and Lok Cheung have taken on an additional business: The Woodridge Inn Hotel, located just down the road near Saundersfoot.

Following a year of lockdowns and refurbishments the inn is now open, offering a welcoming bar, 17 high quality ensuite rooms and an Asian-themed restaurant. Jenny and Lok have also reopened The Dragon Palace restaurant following lockdown.

Located approximately 4km from Saundersfoot and 6km from Tenby, The Woodridge Inn Hotel has good access to the major ports of Fishguard and Pembroke Dock and is ideally situated for trips to Haverfordwest, Narberth and Carmarthen. Surrounded by beautiful National Trust countryside, it has panoramic views to the sea from some of its second-floor rooms and sits on the stunning Landsker Borderlands Trail as well as being close to the Pembrokeshire Coast Path.

Food at the The Woodridge Inn Hotel, Saundersfoot

Jenny and Lok hope The Woodbridge will become popular with visitors including walkers, cyclists, bird watchers and golfers (there are a number of 18-hole golf courses nearby). They also aim to make it a popular, family-friendly hub for the local community, just as it used to be in years gone by.

“Local people have told us that they have fond memories of coming here over the years, and we want to bring these local people back,” said Lok. “We want this to be a place they love to come to with their kids, just as they used to come here with their parents. Part of the reason we want it to be family friendly is because we have a young family ourselves, and we think this would be a nice legacy for our children.”

He and Jenny are especially excited about their new restaurant, whose kitchen is headed up by locally renowned award-winning chef Cheryl Badham. Cheryl, who was previously sous chef at The Mulberry restaurant in Saundersfoot, has excellent links with local food producers, and sources the very best ingredients for her kitchen.

“I try to source all my ingredients within Pembrokeshire,” says Cheryl. “We live in such a beautiful county and its produce is something that should be cherished.”

Jenny, Lok and Cheryl have worked together to create a menu that reflects Jenny and Lok’s Asian background. It builds on their experience running The Dragon Palace, but has a broader culinary range, offering pan-Asian and fusion cuisine.

“We’re offering a nice mix of pan-Asian cuisines, including Japanese, Chinese, Korean and Filipino dishes,” says Lok. “I don’t think there is anywhere in West Wales that does this kind of food at the moment, and we’re pleased offer something fresh and new.”

They have also added Asian touches to the interior and exterior of the hotel, including an impressive pergola entrance to the restaurant created by a local craftsman. Lok and Jenny have worked to enhance the Woodridge’s large garden, making it a perfect place for a spot of al fresco dining or drinks while the children play.

Now, after over a year of preparation, they are delighted to have opened their doors.

“There have been a lot of ups and downs – obviously Covid didn’t help, but it’s coming together now,” says Lok. “We’ve got a hunger for success and we really want to make something special for the area. I think there’s a lot of untapped potential here.

“Our aim is to offer great quality rooms, a quality restaurant and bar and lovely grounds, and also a high standard of service. We’re very much a family-friendly business and we work to make sure our team and our customers are happy – and that everyone has a smile on their face.”

Continue Reading

Business

Pembrokeshire the perfect holiday spot

Published

on

Pembrokeshire has been the perfect holiday destination for many years.

The county is home to miles of scenic coastline and beaches, stunning villages full of character and plenty of coastal escapes. It is the perfect place for tourists to sweep the cobwebs away and enjoy the beauty of the scenic Welsh countryside.

But with so many holidaymakers set to staycation in the UK, the question many people have been asking is where will they all stay? This is where Pass the Keys® comes in!

As the demand for staycation accommodation and short-term rentals grows across the UK, and more so in Pembrokeshire, there is an increasing demand for professional holiday let management services to help make the process of short term letting a completely hassle-free and enjoyable experience for property owners.

Pass the Keys® is run by local people & partnered with local companies but backed by a national brand who have are tried and tested infrastructure, as well as award winning technology to keep a cut above the rest. We are proud to be one of the only Professional Co-hosts of Airbnb in Pembrokeshire, so you can rest easy knowing that you are dealing with short-term letting experts.

Mark Pennino and Jamie Smith, Owners of Pass the Keys – South Pembrokeshire

Our holiday homes thrive thanks to our high standards of local support and this is demonstrated by our extremely high ratings on both Trustpilot and Google Reviews, why not take a look for yourself. Our bespoke software systems ensure that your holiday home is successfully marketed, occupied and kept safe, all of which are important factors to consider when selecting a holiday letting agency.

So, if you’re curious to find out more or maybe you are managing your holiday home yourself and it’s all getting a bit too demanding, go to our website and see how much your property can earn.

Continue Reading

Business

Health, safety and welfare facilities enhanced at Milford Fish Docks

Published

on

WORK has been completed at Milford Fish Docks to enhance health, safety and welfare facilities, including the installation of the only marine crane in south Wales.

Following close consultation with the fleet, the Port of Milford Haven successfully applied to the European Maritime and Fisheries Fund to add to the existing provisions for local and European fishers at Wales’ largest fishing port.

Despite progress being delayed due to the Covid-19 pandemic, embankment ladders, additional life rings and fire extinguishers have all now been installed around the docks, as well as the refurbishment of the shower, toilet and laundry block which includes disabled access.

On the quayside, a marine crane has been installed to enable fishers to load and unload their bait and catch in a safer, more efficient manner, with comprehensive training undertaken by Port staff who are able to operate the crane at any time of the day or night – at no additional cost to the fishing customers.

In order to help reduce the amount of waste that ends up in the water, a new mobile foul waste pump out facility is now available meaning any waste from fishing vessels will be taken away and disposed of appropriately rather than entering the waterway.

Melanie Durney, Marina and Docks Manager, said: “We are home to Wales’ largest fishing docks and as a Trust Port we use any profit to develop our infrastructure and services to provide opportunities for today and for future generations. Over the last few years, we have been investing to ensure the inshore fleet can work as effectively and safely as possible, and having this funding meant we could build on what is already here. The new shower and laundry block will make a huge difference to the welfare of fishers as they now have their own designated area to freshen up and the marine crane, which is the only one in the whole of south Wales, will make landing their catch a quicker and safer process.”

The project has been part-funded through the European Maritime and Fisheries Fund, which is funded by the Welsh Government and the European Union.

Continue Reading
News7 hours ago

Three people hit by vehicle in Castle Lake Car Park, Haverfordwest

A HIT AND RUN incident in a Haverfordwest Car Park on Saturday night (Jul 24) left three people with minor...

Business11 hours ago

Dragon Palace owners take on The Woodridge Inn Hotel, Saundersfoot

AFTER five years running the popular Dragon Palace Chinese restaurant at Pentlepoir in Pembrokeshire, owners Jenny and Lok Cheung have...

News1 day ago

Police forensics investigation underway at Castle Lake car park, Haverfordwest

SPECIALIST officers from Dyfed-Powys Police are conducting a forensics investigation following an earlier incident at a Haverfordwest car park. Scenes...

News3 days ago

Man, 22, charged with murder of John William Bell in Cardigan

A CARDIGAN man has been charged with murder after a man’s death in Ceredigion. John Bell, 37, and also from...

News3 days ago

‘Plan ahead this summer’, says Leader of Pembrokeshire County Council

THE FOLLOWING is a message from the Leader of Pembrokeshire County Council, Cllr David Simpson: Hello everyone, I hope you...

News4 days ago

Devastated family’s tribute to ‘loving and devoted’ son

THE FAMILY of the 37-year-old man who died in Cardigan in the early hours of Wednesday morning (Jul 21) have...

Business4 days ago

Health, safety and welfare facilities enhanced at Milford Fish Docks

WORK has been completed at Milford Fish Docks to enhance health, safety and welfare facilities, including the installation of the...

News4 days ago

Police appealing for information after Monkton school break-in

POLICE are appealing after Monkton Priory Community Primary School was broken-in to at some time between Friday, July 9 and Monday,...

News5 days ago

Murder investigation launched following death man, 37, in Cardigan

DETECTIVES in Cardigan have confirmed they are dealing with what they believe to be a murder in the early hours...

News5 days ago

Don’t lose your voice! – Residents urged to complete voter registration details

THE RESIDENTS of Pembrokeshire are being urged to get their voices heard. And, the Young People of Pembrokeshire are being...

Popular This Week