Africa Oilfield Logistics agrees contract with Weatherford International subsidiary

PUBLISHED: Sep 26 2013 @ 09:01 | Comments (0) |

The AIM listed African focused support services and logistics company Africa Oilfield Logistics (LSE:AOL) focused support services and logistics company has announced that its 49% owned subsidiary Ardan Risk & Support Services (‘Ardan’) has signed a contract with Weatherford Drilling International Ltd, a subsidiary of Weatherford International Ltd (NYSE:WFT) (‘Weatherford’), the NYSE listed multinational oilfield service and technology company, to provide camp management, catering and medical support to its 120 person camp in Turkana, Kenya.

Ardan has won a number of contracts with international oil and gas, drilling, engineering and exploration companies operating in East Africa, and is advancing its strategy of becoming the leading provider of support services and logistics in Africa.

Pursuant to the terms of the contract, Ardan will provide full camp management and catering services to the 120 permanent staff members at Weatherford’s drilling camp. This will result in Ardan providing ground supervision, cleaning and laundry services and delivering three high quality meals per day, per camp member.

In addition, Ardan will provide high-tech medical support with a containerised consultation room with resuscitation capabilities, which together with the fully qualified medical personnel that Ardan will supply, and access to Ardan’s fleet of ambulances located in the region, will ensure high standards of emergency and general healthcare.

Africa Oilfield Director Andrew Groves said, “Ardan continues to build its reputation as the premier support services and logistics company in the East African region and is rapidly growing its client list, particularly with leading international oil & gas and associated engineering companies including, Africa Oil Corp, Global Geophysical, Tullow Oil and BGP Seismic.

“With a solid foothold in Kenya, Ethiopia and Tanzania, where we are capitalising on the hydrocarbon and mineral boom, we remain active in extending our service offering and geographic reach in order to maximise cross-selling opportunities and long term revenue streams” said Mr Groves.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.