MIDROC Geo Boosting Its Water Well Drilling Rigs Fleet

April 14, 2022: MIDROC Geo/Exploration Services PLC, a member of the MIDROC Investment Group, is vigorously working to boost its Water Well Drilling rigs fleet as it is importing brand-new rigs from Turkey.

A fresh introduction of new machinery with the capacity of 800 m drilling to its fleet aims at enhancing Midroc Geo’s water drilling competence and advances its national contributions of tackling challenges of water scarcity in the country as part of its business specialty and social responsibility.

The company which has been in mineral exploration and drilling businesses since 2015 has clinched a deal with the Turkish Drill Rigs Manufacturing company, ACARKARDESLER, for the procurement and importation of three water drilling rigs of the brand with a total outlay of 744,000 USD.

One of the newly purchased drilling rigs has already received by MIDROC Investment Group in Addis Ababa while the other two are dispatched from Turkey.

According to MIDROC Investment Group Mining Cluster Deputy CEO Mr. Dulla Mekonnen , the main objective of introducing the new Water Drilling Rigs fleet is to expand the company’s water development activities in Ethiopia especially in areas of high water scarcity so as to strengthen its well-established and fashioned Corporate Social Responsibility (CSR) activities.

The Deputy CEO pointed out that Geo Exploration Services PLC., as the sole private large operator in the business, it envisages expanding its services to different areas in the country as well as serve foreign comers engaged in the mining industry.

Acar Drilling is operating in drill rigs manufacturing industry with Acar Kardesler Drilling brand since 1995, in Konya, Turkey.

The new equipment provide the technological convenience for removal of groundwater from the earth in much easier ways to the satisfaction of the company’s customers.

The 800 m capacity drilling rigs has efficient hydraulic system with 60 tons hoisting capacity, single diesel deck engine mounted on the rig, dimensions of the rotary table, centrifugal pump, dimensions of 3-axle trailer, effective electric system and auxiliary parts among others.

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MIDROC Investment Group is a group of Sheikh Mohammed Hussien Ali Al-Amoudi’s companies, mainly engaged in Agriculture, agro-processing, Manufacturing, Mining, Construction, Real-estate, Hotel, Tourism and Commercial endeavors.



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