Mineseeker Operations Overseas Limited, a British Virgin Islands-domiciled corporation focused on aerial survey and mapping, has entered into a Memorandum of Understanding with US-based Wamar International LLC – a multinational group of companies and a leading provider of premium services across different industry sectors including power generation, oil and gas, and aviation. This agreement provides Wamar with representation rights in the Middle East and North African Arab speaking region (MENA region), and commits both parties to enter in good faith negotiations to establish a joint venture entity to handle contracts in this part of the world.
Wamar International, which has offices in the USA, Middle East, South Africa, South America and Asia, will provide offices at their international headquarters in Amman. The business will be headed by Wamar’s special projects manager, Mr Nowar.
Mr. Nabil Barakat, President, CEO and Founder of Wamar International, commented: ‘Wamar is excited about forming a relationship with Mineseeker Operations. There is no doubt that this product is much needed in the MENA region and in all countries affected by landmines. The situation in our region has been very bad for many years and the cost of locating and clearing landmines and unexploded ordnance has been prohibitive as well as technically challenging… I believe that Wamar has the expertise, infrastructure and ability to make a big difference, in conjunction with Mineseeker, with this most important humanitarian effort.’
From today’s date, all sales enquiries from the MENA area are being passed to Wamar – including enquires from Egypt, Kuwait and Libya. Libya was in negotiations with Mineseeker until the 2011 revolution, and the contract negotiation papers have been passed onto Wamar to recommence talks with the new transitional government. At the time that negotiations were terminated, an initial contract valued at US$25 million was drafted to survey areas in the western desert affected by World War Two landmines and unexploded ordnance.