Archive for April, 2012

BVI-registered Mineseeker Operations signed agreement with US company

Thursday, April 26th, 2012

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.

Orca Exploration appoints new Chief Operating Officer

Tuesday, April 17th, 2012

BVI company Orca Exploration Group Inc. announced that Beer Van Straten has been named Chief Operating Officer, the appointment being effective immediately. Beer Van Straten will take responsibility for company’s field operations including large scale development and exploration drilling program in Tanzania. He replaces Dale Rollins who resigned as Chief Operating Officer last month.

Beer van Straten is a senior international oil and gas industry executive having more than 20 years of high level exploration, production and commercial experience in the North Sea, Middle East and Africa. He began his career with Shell in 1988, and worked across North Africa managing operations for Shell and other oil and gas operators. Also, he managed drilling program for Dana Gas in Egypt that led to doubling their reserves and raising production by 50% managing a staff of 800 and 400 contractors. In June 2010, he joined Orca Exploration’s Board of Directors.

Nam Tai Electronics appoints new officers

Wednesday, April 4th, 2012

Nam Tai Electronics, Inc. announced that Mr. Wang Lu Ping has been appointed as Chief Executive Officer of the company, and Mr. Wang Shi Ping has been appointed as Vice Chief Executive Officer, with immediate effect.

Mr. LP Wang has rejoined Nam Tai as Operations President of the manufacturing plant in Wuxi since September 2011, and is currently appointed as Senior Operations President. From 1997 to 2004, Mr. LP Wang was employed by Nam Tai Electronics, where he worked in various capacities, including Engineering Manager, Assistant General Manager and Managing Director. Before joining the BVI company in 1997, he held several management positions in various companies in Taiwan and Malaysia.

Mr. SP Wang joined Nam Tai as an engineer in June 1991, and is currently appointed as Senior Operations President of the manufacturing plant in Shenzhen. During his service in the company, Mr. SP Wang held various senior management positions in Nam Tai subsidiaries, including Engineering Manager, Assistant Manager of the Production Department, Director Deputy General Manager, Operations Vice President and Operations President.