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Two Year Contract with Leading Oil Company

9th Sep 2013 07:00

RNS Number : 4175N
Africa Oilfield Logistics Limited
09 September 2013
 



Africa Oilfield Logistics Limited / Ticker: AOL / Index: AIM / Sector: Support Services

9 September 2013

Africa Oilfield Logistics Limited ('Africa Oilfield' or the 'Company')

Ardan Secures Two Year Contract with Leading International Oil & Gas Company

 

Africa Oilfield Logistics Ltd, the AIM listed African focused support services and logistics company, is pleased to announce that its 49% owned subsidiary Ardan Risk & Support Services ('Ardan') has signed a two year contract, with Africa's leading international oil company, to construct well sites and associated infrastructure for their oil and gas exploration programme, currently underway in the Turkana region of Northern Kenya. This contract award is in line with Ardan's strategy of expanding its presence in the rapidly developing sub-Saharan Africa oil and gas industry and servicing established international companies operating on the continent.

 

Africa Oilfield Director Andrew Groves said, "Ardan is establishing itself as the premier provider of turn-key solutions to international companies operating in East Africa's oil and gas exploration industry. This contract, which focusses on the building of the infrastructure necessary to support growing exploration activities in Kenya, marks a further step in Ardan's expansion plan, as it continues to rapidly increase its market penetration and revenues, which have risen year on year since its foundation. Ardan already has a strong presence and reputation for delivery and excellence in East Africa, working with international clients including Yara International, Africa Oil Corp, Weatherford Drilling International, Tullow Oil and BGP Seismic and we look forward to building on their multi divisional support service and logistics offering going forward." 

 

Ardan is a multi-divisional African focused support service and logistics company headquartered in Nairobi, Kenya. The group has an established international client base providing a full spectrum of products and services ranging from the provision of remote workforce accommodation to facilities management and medical support. It services multiple sectors including oil & gas, mining, construction, engineering, industrial, NGO and governmental, allowing its clients to operate and develop their businesses and services efficiently on the African continent.

 

Ardan is rapidly becoming the partner of choice to companies in the region, operating through six established divisions managed by highly skilled and experienced personnel, who provide turnkey solutions to clients. Its divisional structure enables Ardan to offer a fully international accredited and tailored service to meet the requirements of its clients operating in all environments. Its divisions are:

 

· Ardan Engineering and Infrastructure Development, whose services range from well site, road and airstrip construction, to water treatment installation;

· Ardan Workforce Accommodation, which rents and sells remote workforce housing and modular workspace solutions and associated services;

· Ardan Facilities Management, which provides full turnkey lodging solutions including premium catering services, communication installation and environmental waste management; 

· Ardan Medical Services, which provides a full range of internationally accredited advanced life support and general medical services including medi-vac, onsite medical facilities, and medical training; 

· Ardan Procurement & Logistics, whose services range from procurement and warehousing, to transportation of industrial equipment and machinery to general logistical supply solutions; and

· Arden Risk Management, which offers, full risk assessment programmes, and tailored security solutions and protocols.

 

 ** ENDS **

 

For further information please visit www.africaoilfieldlogistics.com or contact:

Andrew Groves

Africa Oilfield Logistics Limited

Tel: +44 (0) 20 7408 9200

David Foreman

Cantor Fitzgerald Europe

Tel: +44 (0) 20 7894 7000

Rick Thompson

Cantor Fitzgerald Europe

Tel: +44 (0) 20 7894 7000

Andy Cuthill

MC Peat & Co LLP

Tel: +44 (0) 20 7104 2332

Susie Geliher

St Brides Media & Finance Ltd

Tel: +44 (0) 20 7236 1177

Charlotte Heap

St Brides Media & Finance Ltd

Tel: +44 (0) 20 7236 1177

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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