{"id":2112,"date":"2014-12-03T10:28:48","date_gmt":"2014-12-03T09:28:48","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=2112"},"modified":"2015-09-07T11:35:07","modified_gmt":"2015-09-07T11:35:07","slug":"atlas-development-secures-first-contract-in-mozambique","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/atlas-development-secures-first-contract-in-mozambique\/","title":{"rendered":"Atlas Development secures first contract in Mozambique"},"content":{"rendered":"

African focused support services and Logistics Company Atlas Development & Support Services Limited has announced that, in line with its expansion strategy for East Africa, it has been awarded its first support services contract in Mozambique.<\/p>\n

The agreement, with an international oil company, underlines Atlas Development’s increasing penetration into the oil & gas support services market and its growing reputation with international blue-chip operators.<\/p>\n

According to Atlas CEO Carl Esprey the multi-service agreement reflects the Company’s strategy of supporting early stage exploration activities with a view to securing and implementing long term development contracts.<\/p>\n

“Atlas Development has its sights set on becoming the turnkey support services company of choice in East Africa, and today’s contract with another international oil company not only marks our transition in a new strategic jurisdiction, but also validates Atlas Development’s reputation as a quality and international standard operator,\u201d says Esprey.<\/p>\n

The contract also marks an entry point into a new country and complements the Company’s existing operational presence in Kenya, Ethiopia and Djibouti.\u00a0 The Company is headquartered in Nairobi and has regional offices in the Turkana region of Kenya, Addis Ababa and Djibouti.<\/p>\n

Esprey adds that this first contract in Mozambique could be the beacon for a new presence in the country.<\/p>\n

“Mozambique, as with other countries in East Africa including Kenya, Ethiopia and Djibouti, holds a significant amount of potential for us.\u00a0 We are therefore pleased to have secured this contract to support our client’s entry into Mozambique and believe that this initial agreement will pave the way for a long term strategic presence in the country.”<\/p>\n

Mozambique is an important new territory for the Company as it is host to the development of multiple large scale oil & gas, mining and power projects, making it an ideal target for Atlas Development.<\/p>\n

The company\u2019s Board adds intends to further leverage its position as a market leader in the provision of turnkey support services and logistics solutions to additional operators within the burgeoning resource and power market in Mozambique.<\/p>\n

This new contract comes even as the company prepares to dual\u00a0list<\/a> in the Nairobi Securities Exchange later in the month with Atlas saying discussions are in the final stages.<\/p>\n","protected":false},"excerpt":{"rendered":"

African focused support services and Logistics Company Atlas Development & Support Services Limited has announced that, in line with its expansion strategy for East Africa, it has been awarded its … Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":2113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[77,178,196,607,809,1252,1636],"class_list":["post-2112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-africa-oilfield-logistics-ltd","tag-ardan-logistics","tag-atlas-development-support-services","tag-djibouti","tag-ethiopia","tag-kenya","tag-mozambique","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/12\/atlas-logistics.png?fit=389%2C260&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-y4","jetpack-related-posts":[{"id":2753,"url":"https:\/\/www.oilnewskenya.com\/index.php\/atlas-development-support-services-expands-north-africa\/","url_meta":{"origin":2112,"position":0},"title":"Atlas Development & Support Services Expands into North Africa","author":"","date":"March 26, 2015","format":false,"excerpt":"Kenyan headquartered \u00a0and listed African focussed support services and logistics company Atlas Development \u00a0has announce that it has been engaged to provide civil engineering supervisory, advanced life support, security and risk advisory services to a European and North African focussed oil and gas company operating in Western Sahara. Atlas says\u2026","rel":"","context":"In "Elsewhere in Africa"","block_context":{"text":"Elsewhere in Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/elsewhere-in-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/Atlas-Development-2.png?fit=389%2C423&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2190,"url":"https:\/\/www.oilnewskenya.com\/index.php\/atlas-development-support-services-lists-on-the-nairobi-securities-exchange\/","url_meta":{"origin":2112,"position":1},"title":"Atlas Development & Support Services lists on the Nairobi Securities Exchange","author":"Samuel Kamau Mbote","date":"December 17, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Nairobi-headquartered support services and logistics company Atlas Development & Support Services (ADSS or Atlas cross listed on the Growth Enterprise Market Segment ('GEMS') of the Nairobi Securities Exchange, having successfully raised KES 450 million (US$5 million) through a private placement to Kenyan investors. According to Atlas CEO Carl\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/12\/img_20141217_093927.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/12\/img_20141217_093927.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/12\/img_20141217_093927.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/12\/img_20141217_093927.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/12\/img_20141217_093927.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2006,"url":"https:\/\/www.oilnewskenya.com\/index.php\/african-oilfield-logistics-limited-rebrands-to-atlas-development-support-services-limited\/","url_meta":{"origin":2112,"position":2},"title":"African Oilfield Logistics Limited rebrands to Atlas Development & Support Services Limited","author":"Samuel Kamau Mbote","date":"November 6, 2014","format":false,"excerpt":"African focused support services and Logistics Company formerly known as Africa Oilfield Logistics Limited announces that it has completed its change of name to Atlas Development & Support Services Limited and effective 28th October. This follows the acquisition of the entire issued share capital of Ardan Logistics Kenya Limited by\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/11\/atlas.png?fit=509%2C322&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3161,"url":"https:\/\/www.oilnewskenya.com\/index.php\/atlas-development-support-services-anticipates-h1-pre-tax-losses-2-5m\/","url_meta":{"origin":2112,"position":3},"title":"Atlas Development & Support Services anticipates H1 pre-tax losses of $2.5m","author":"","date":"July 17, 2015","format":false,"excerpt":"The Kenyan headquartered, African focused support services and logistics company Atlas Development has said the H1 pre-tax losses anticipated is\u00a0$2.5m from an expected turnover of US$11.0m in its latest six month period to 30 June 2015. \u00a0 Atlas attributes the loss to a slowdown in oil exploration in the regions\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/12\/atlas-logistics.png?fit=389%2C260&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1837,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oilfield-logistics-ltd-seeks-to-fully-acquire-ardan-logistics-kenya-limited\/","url_meta":{"origin":2112,"position":4},"title":"Africa Oilfield Logistics Ltd seeks to fully acquire Ardan Logistics Kenya Limited","author":"Samuel Kamau Mbote","date":"September 28, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Africa Oilfield Logistics Ltd has announced that the Board has decided to exercise the call option granted to it pursuant to the framework and option agreement announced on 28 March 2014 to acquire the entire issued share capital of Ardan Logistics Kenya Limited. 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