AAI.L Regulatory News (AAI)

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

16 September 2013

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

Secures Contract with NYSE listed Global Geophysical Services

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 contract with NYSE listed Global Geophysical Services Inc. (NYSE: GGS) ('Global'), a global provider of geoscience and engineering solutions to the oil and gas industry. The contract will see Ardan supply a turnkey support camp and medical facility for Global's seismic programme in the Turkana region of northern Kenya, near the town of Lokichar, which is expected to last 18-24 months. Ardan is rapidly expanding its operations in the region and the contract follows the signing of a two year contract with Africa's leading international oil company, to construct well sites and associated infrastructure for its oil and gas exploration programme.

Under the terms of the contract, Ardan will provide Global with a turnkey containerised camp to support Global's international seismic crew. The complex will consist of a main camp to accommodate 180 people, plus a secondary camp for 60 security personnel, and a state-of-the-art containerised manned medical facility to provide cover for up to 250 patients. The camp will consist of modular workforce accommodation units, fully plumbed, powered, furnished and air conditioned, plus an industrial grade kitchen, ablution blocks and recreational facilities fitted with satellite televisions. The high-tech medical support facility will provide Global with a containerised consultation room with resuscitation capabilities, which together with the fully qualified medical personnel that Ardan will supply, will ensure high standards of healthcare.

The contract award is in line with Ardan's growth strategy of expanding its presence in the rapidly developing East African oil and gas industry and servicing established international companies operating on the continent. The Company is making strong progress gaining market share and is currently working on a number of contract proposals both in Kenya and Ethiopia. 

Africa Oilfield Director Andrew Groves said, "Global is one of the world's leading seismic contractors and this contract further endorses the Ardan offering and its ability to provide state-of-the-art high specification turnkey support services solutions to international companies operating in East Africa's oil and gas exploration industry. With contracts already in place with Yara International, Africa Oil Corp, Weatherford Drilling International, Tullow Oil and BGP Seismic, Ardan is in pole position to take advantage of the hydrocarbon development boom in northern Kenya. We look forward to building on Ardan's multi-divisional support service and logistics portfolio, as it continues to rapidly increase its contracts, revenues and international reach." 

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

Further Information:

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 turn-key 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 turn-key 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

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