Last news
4 MIN. READ

Xcalibur Smart Mapping, in collaboration with the Zambian Presidency, has officially commenced its nationwide high-resolution aerial geophysical survey.

This project aims to significantly advance Zambia’s mineral exploration efforts and strengthen the foundations of its mining sector. 

His Excellency President Hakainde Hichilema attended the event and addressed the critical importance of mineral exploration for Zambia’s economic development. He emphasized that comprehensive mineral mapping is essential for fostering transparent and regulated mining practices, ensuring that the nation’s resources benefit all citizens. Furthermore, the President highlighted the survey’s role in mapping underground water resources, which will support future irrigation projects and contribute to drought mitigation strategies. 

Lusaka Province Minister, Sheal Mulyata, emphasized the potential of this initiative to uncover Zambia’s mineral wealth across all provinces. Minister Mulyata noted that the data generated by the survey will play a pivotal role in reshaping the mining industry, fostering informed investment, and driving future growth. 

Xcalibur Smart Mapping’s CEO, Andres Blanco, reaffirmed the company’s commitment to delivering high-quality data through cutting-edge technology, being employed for the first time in Africa. He also highlighted the inclusion of a skills transfer program, designed to equip Zambian professionals with the expertise needed to sustain the project long-term. 

The Minister of Mines and Minerals Development, Paul Kabuswe, acknowledged the historical significance of this mapping project, noting that it is the most comprehensive mineral survey since 1972. He praised President Hichilema’s leadership and policy direction, which have been instrumental in the realization of this project. 

This survey represents a crucial step in Zambia’s mineral exploration efforts, with the potential to guide future investments and support resource management strategies nationwide. 

Related news

Contact us.

FILL THE FORM
Announcements
4 MIN. READ

Xcalibur Multiphysics Group acquisition of a majority participation in the Indian company McPhar International Private Limited

Xcalibur Multiphysics Group acquisition of a majority participation in the Indian company McPhar International Private Limited

Xcalibur is pleased to announce the acquisition of a majority participation in McPhar

This acquisition represents Xcalibur’s entry into a strategic high growth potential market together with Oil Filed Instrumentation (India) Private Limited, a local partner, belonging to the industrial conglomerate The Neterwala Group.

Madrid, October 22nd, 2022. McPhar has headquarters in Mumbai (India). Today it is considered as a reference in the airborne geophysics survey market in India. McPhar is a leading service provider to the major geological agencies, as well as groundwater and geothermal public and private entities.

The company currently employs more than 20 highly qualified professionals and their state-of-the-art equipments and systems will allow them to execute current contracts in hand. Xcalibur, with 13 offices located in 5 continents, focuses on mapping of natural resources including minerals, oil & gas, water, and energy sources (geothermal and hydrogen). With proprietary geophysical technologies the company also has its own fleet of aircrafts, and a large team of expert professionals. This Spanish company flies over territories to measure physical properties of the subsoil.

The data is then processed, interpreted, and converted into valuable information on potential areas of natural resources for private companies, governments, and geological services. With active projects in Colombia, Brazil, Canada, USA, Spain, Portugal, Finland, Australia, Saudi Arabia, India, Japan, Kazakhstan, Nigeria, Democratic Republic of Congo, Republic of the Congo, Angola, South Africa, Tanzania, Botswana and Uganda, the Group’s purpose is to accelerate the energy transition, helping its clients to make more efficient and sustainable decisions to discover their growth potential.

Xcalibur also aims to contribute to the circular economy, the local communities, and the protection of biodiversity, focusing solely on high-interest areas of natural resources and developing social and cooperation projects in those regions through Xcalibur Foundation, the Group’s social arm. Xcalibur will introduce a wide range of technologies, technical know-how, commercial capabilities to the Indian market besides offering a large fleet of its own aircraft. Xcalibur-McPhar will jointly pursue opportunities in a potential market of about 2BnUSD over the next 10 years, investing together in the latest technology and systems and also with the aim to establish a permanent local fleet of aircrafts. Xcalibur counts on the support of COFIDES, Spanish institution that provides financing for international expansion of Spanish companies.

Neterwala Group Statement
Anosh Neterwala, Vice Chairman of the Neterwala Group, stated: This partnership adds tremendous capacity which will enable the group to offer a wide range of latest technologies and expertise for exploration of natural resources. We will utilize our India specific domain expertise of geophysical/geological exploration to help expand the business.

Xcalibur Multiphysics Statement
Andrés Blanco, CEO of Xcalibur Multiphysics Group, stated: This acquisition will allow Xcalibur to take a leading position in India, a strategic market with great growth potential in the search for natural resources and energy transition. Xcalibur will contribute its global leadership by making available all its assets and technologies to the combined company in order to offer a full range of services for natural resource mapping in India.

About Neterwala Group / Oil Field Instrumentation (India) Private Limited (OFI) The Neterwala Group is a professionally run; family owned & managed business enterprise with over six decades of steadfast growth. The group is technologically robust, with diverse manufacturing interests in Metallurgy, Oil Field Chemicals & Instrumentation, Engineering, Environment, and Information Technology. Continuous innovation, sustained by dedicated commitment of its employees, coupled with careful use of acquired technologies and International Joint Venture partnerships, has ensured that the group is a leader in almost all its fields of activity. The Neterwala Group’s CSR program is built around its value system and relies on the commitment of its stakeholders to adopt these values.

The Group is committed to advancing policies and systems across its companies to ensure that all aspects of its CSR program relevant to its businesses are addressed and monitored. These include good ethical behavior, concern for employee health and safety, care for the environment and community involvement. OFI is a leading, specialized high technology-oriented service company in India, engaged in providing advanced and cost-effective solutions to the Oil & Gas Industry (Offshore and Onshore) for over three decades. It is a leading Mud Logging Service provider in India with presence in the Middle East, Africa and Asia Pacific. OFI has a wide range of propriety digital offerings and a strong focus on future opportunities in energy transition.

Related news

Contact us.

FILL THE FORM