Page 12 - AfrOil Week 37 2021

AfrOil PROJECTS & COMPANIES AfrOil

Aldworth Mbalati, the group CEO of DNG, For his part, Imperial’s CEO Mohammad
described the joint initiative as an important step Akoojee highlighted his company’s commit-
towards mitigating the transport sector’s impact ment to emissions reduction. “One of Imperial’s
on greenhouse gas (GHG) emissions. “We are strategic pillars is integrating environmental,
excited to partner with Imperial on this journey social and governance [ESG] practices into
to decarbonise the transport logistics industry,” our business activities, and this partnership,
he was quoted as saying in the statement. “This alongside other initiatives, is an exciting step in
move is significant for DNG because our goal is Imperial’s journey towards gaining important
to offer a cleaner energy source that enables our insights that position us at the forefront of alter-
customers to be more competitive, while con- native energy fleets,” he commented. “Not only
tributing towards significantly reducing their does it demonstrate our commitment to a just
environmental footprint. Imperial’s operations transition to a low-carbon economy, but it also
in South Africa and across the African continent enables us to provide our sustainability-con-
offer a tangible platform to show how LNG can scious clients and principals with substantially
optimise trade for companies and reduce costs.” greener supply chain solutions.” ™

Kinetiko Energy gears up for three-well

Amersfoort drilling programme

SOUTH AFRICA AUSTRALIA’S Kinetiko Energy is set to begin though, that it was in negotiations with several
work on a three-well drilling programme in the Botswana and South Africa-based companies.
vicinity of the Amersfoort coal-bed methane Additionally, it said it had “sourced casing for
(CBM) collection terminal south-east of Johan- three well sections per borehole, with a qualified
nesburg early in the fourth quarter of 2021. threading supplier ready to fabricate connec-
In a statement published last week, Kinetiko tions,” and was “contracting a specialist cement-
reported that it had selected the three drilling ing supplier to ensure 100% well integrity.”
sites and named them as KA-03PT7, KA-03PT8 In the meantime, Kinetiko is also making
and KA-03PT9. It also said it had started prepar- progress in negotiations with a South African
ing the drilling pads that will be used to sink the institutional investor on funding for a pilot CBM
new wells. All three of the wells will be within production scheme. It did not name the investor
400 metres of the Amersfoort terminal, which but said that the parties had already successfully
will handle CBM from the ER 38 and ER 56 concluded the due diligence process. “[A] deci-
blocks. sion to invest has been made, and formal docu-
As of press time, the Australian company had mentation is now being produced,” it said in the
not yet named its drilling contractor. It stated, statement.

Kinetiko is slated to drill three new wells (Image: Kinetiko Energy)

P12 www. NEWSBASE .com Week 37 15•September•2021