African focussed support services and logistics company Africa Oilfield Logistics Ltd has announced that Ardan Risk & Support Services the Company’s primary investment, has entered into a 15 year lease over a sizeable land plot in Northern Kenya, which will be used for warehousing, fuel distribution, cold storage and fleet maintenance.
This land Ardan says will be developed into the first of several planned logistics hubs and will support Ardan’s Technical Division as well as its expanding operations in Northern Kenya centered on the rapidly growing oil exploration and production industry in the region.
“Establishing a logistics hub in the burgeoning energy and natural resource destination of Northern Kenya will be a key differential for our business over the coming years,” said Chief Executive Officer of Africa Oilfield Carl Esprey.
In addition to the lease, negotiations are ongoing for an option over a further 25 acres of land in the vicinity to further support the Company’s long term regional expansion plans.
“The development of warehouses and infrastructure for fuel distribution, cold storage and fleet maintenance will enable us to meet the needs of companies in the region, and in time, we will also be able to offer warehouse space directly to our clients on a lease basis creating an additional revenue stream,” he concluded.