Announcements
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EU Raw Materials Week 2023: Xcalibur Multiphysics and Kazakhstan’s National Geological Survey JSC join forces to map Kazakhstan’s natural resources potential

Xcalibur Multiphysics’s airborne geophysical survey will help enhance Kazakhstan’s economic potential in a sustainable way while contributing to achieving the EU’s European Green Deal, REPowerEU and green industrial objectives

The survey is part of Xcalibur’ Multiphysics’s groundbreaking vision of helping Central Asia to map its vast natural resources in a sustainable and efficient way through the creation of a Central Asian natural resources hub, including a transfer of technology, skills and knowledge to create Jobs and strengthen growth.

Xcalibur Multiphysics’s responsible and innovative mapping of natural resources is a centrale enabler of a truly just and sustainable global economy as well as a fair and balanced energy transition.

Xcalibur Multiphysics, the worldwide leader in airborne geophysics, and Kazakhstan’s National Geological Survey JSC, are joining forces to map Kazakhstan’s natural Resources potential by collaborating on airborne geophysical exploration.

Today’s signing of the Memorandum of Understanding (“MoU”) on “Unlocking Kazakhstan’s Geological Potential” was part of the official programme of the EU’s 2023 Critical Raw Materials Week, an annual event organised by the European Commission gathering a wide range of stakeholders discussing EU policies related to critical and strategic raw materials, strategic projects, investment, permitting, exploration, innovation, circularity, and international partnerships.

It was signed by Xcalibur Multiphysics CEO, Andrés Blanco, and National Geological Survey JSC’s Chairman of the Board, Yerlan Galiyev. To prepare and implement the MoU, a joint venture (JV) – Xcalibur Kazakhstan Limited – was established in February 2023.

Xcalibur Multiphysics’s natural resource mapping solutions will provide valuable digital information and data that will locate and unlock Kazakhstan’s natural resources such as critical, base and precious metals, oil and gas, geothermal energy and groundwater in a responsible and efficient way.

For Kazakhstan, the mapping will allow the creation of accessible geophysical data, leading to a more favourable overall investment climate. This in turn will help unlocking intensive, efficient and sustainable geological exploration and the localisation of new deposits, creating local jobs and boosting the nation’s economic growth.

At the same time, the MoU will help the EU to achieve its green transition and decarbonisation goals as described in the European Green Deal, REPowerEU and the Green Deal Industrial Plan: by partnering with Kazakhstan, Xcalibur Multiphysics Will support the EU’s efforts to secure access to important raw materials central to the green and digital twin transition and diversify away from dominant single suppliers.

Xcalibur Multiphysics’s responsible, innovative and data-driven mapping of natural resources is a centrale enabler of a truly just and sustainable global economy as well as a fair and balanced energy transition.

The MoU is part of Xcalibur Multiphysics’s ground-breaking vision helping Central Asia to map its vast natural resources in a responsible, sustainable and efficient way.

The JV will not only include a transfer of technology, skills and knowledge that will strengthen local, regional and national growth and jobs, but also the creation of a Central Asian natural resources hub, with services also being provided to Uzbekistan, Kyrgyzstan, Turkmenistan and Tajikistan. Andres Blanco, CEO of Xcalibur Multiphysics highlighted: “Our aim is to work together and apply the latest technology to map and discover Kazakhstan’s vast potential for natural resources, in particular those related to the energy transition. We are particularly looking forward to setting up our new Central Asia hub in Kazakhstan.”

Michael Douglas, Global Country Mapping Manager of Xcalibur Multiphysics added: “In the journey to Net Zero and supply security mapping Kazakhstan’s abundance of critical raw materials will be invaluable to the EU and lay the ground for a positive and sustained uplift to Kazakhstan’s economy”.

Yerlan Galiyev, Chairman of the Board of National Geological Survey JSC, commented: “We are very happy that we can seize the opportunity to team up with one of the biggest geophysical companies in the world, and we are looking very much forward to work with this renowned company”.

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Xcalibur Multiphysics shines at Ecosistema Ahora

Xcalibur Multiphysics shines at Ecosistema Ahora

Xcalibur Multiphysics, made its mark at the recent event Ecosistema Ahora, organized by Grupo PRISA and presented by El País, held in Madrid

This groundbreaking event brought together visionary leaders, experts, and influencers from various sectors to address the pressing environmental challenges confronting both Spain and the world amid the ongoing climate emergency.

Victor Gonzalez, CEO of Xcalibur Multiphysics Spain, Inspires with Visionary Insights a pivotal moment of the day came when Victor Gonzalez, CEO of Xcalibur Multiphysics Spain, took the stage to present his visionary perspective on the future of natural resources. With profound, Gonzalez enlightened the audience on how the demand for these resources will significantly impact our daily lives. His engaging discourse shed light on the importance of sustainable practices and the urgent need for technological advancements.

The event provided an exceptional opportunity for Xcalibur Multiphysics to engage in a dialogue on the environmental future with Ricardo de Querol Alcaraz, esteemed deputy editor of El País. The enlightening conversation touched upon various critical topics such as natural capital mapping, the energy transition, and the overall impact of climate change on our planet. The exchange of ideas between Gonzalez and de Querol left a lasting impression on all attendees, fostering a shared commitment to combatting climate change and ensuring a sustainable future.

Uniting Diverse Perspectives for Climate Action Throughout the day, Xcalibur Multiphysics had the privilege of sharing the stage with an-array of influential figures, including business leaders, government representatives, and experts, all of whom demonstrated their unwavering dedication to addressing climate change. By bringing together these diverse profiles, the event became a powerful catalyst for fostering collaboration and joint efforts towards a more sustainable world. As a company dedicated to creating a positive impact in the future, Xcalibur Multiphysics leverages cutting-edge technology and a strong commitment to sustainability. With a clear vision and a focus on transformative solutions, Xcalibur Multiphysics aims to shape a better tomorrow for generations to come.

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Events
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Xcalibur Multiphysics participation at Africa Mining Indaba 2023

Xcalibur Multiphysics participation at Africa Mining Indaba 2023

Xcalibur Multiphysics, was present, once again, at the Africa Mining Indaba, held during the 6th and 9th of February 2023 in Cape Town, South Africa

Africa Mining Indaba is a significant event on the continent as it is an excellent opportunity for the meeting companies involved in the African mining sector.

Xcalibur Multiphysics attended once again, to establish new and strengthen existing relationships on the continent with the aim of developing new projects.

With active projects in Nigeria and Uganda, among others, we believe that responsible mapping of natural resources is critical for a more sustainable global economy, therefore the services we provide empower governments to be a part of the clean energy revolution and accelerate their sustainable economic growth to build an inclusive economy.

In partnership with Invest Africa, as part of their 10th Annual Mining Series, our Director from Xcalibur MPH Spain, Victor González, took part in the panel Safeguarding the Future: Critical Minerals and Rare-Earth Elements, where he discussed Africa’s role in critical minerals supply chains, as well as deep sea mining and other unconventional sources of critical raw materials.

Mr. Paul Kabuswe, Zambian Minister Furthermore, on Tuesday the 7th Xcalibur Multiphysics signed a partnership agreement with Africa Finance Corporation, to provide large scale geophysical mapping and co-financing of natural capital projects that will spur minerals and critical raw materials beneficiation in Africa.

This partnership will prioritise projects that locate and identify minerals of interest, resulting in African countries gaining access to better geological data and ultimately to support them in their just energy transition.

AFC Partnership with Xcalibur Multiphysics At the end of the day, we hosted casual drinks at the Xcalibur Multiphysics stand, where many of our customers, new and existing, were able to come and chat with us.

Xcalibur Multiphysics get-together. In addition to being able to engage in conversations with great references from the industry, Xcalibur was able to share its vision and ideas with Mr. Felix Tshiseked, President of the Democratic Republic of Congo (DRC), Mr. Paul Kabuswe, Minister of Mines & Minerals Development, Republic of Zambia, representatives of MinDiver Nigeria and the Government of Uganda, we are very grateful for your visit to our stand.

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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.

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Growth in Demand for “Energy Transition Minerals” Drives Expansion for Xcalibur

Growth in Demand for Energy Transition Minerals Drives Expansion for Xcalibur

At the end of June this year, Xcalibur Airborne Geophysics completed its acquisition of all the CGG Multiphysics businesses, except the multi-client library

Minute to Read by GEO ExPro

Xcalibur has been in operation since 2002 with over 4 million line-km of data collected. It has operated successfully in most countries in Africa as well as the Middle East and Canada. The company has offices in Spain, South Africa, and Colombia and operates a fleet of aircraft which allows them to collect data in challenging environments due to their low-level flying ability and power to weight ratios.

Example of Airborne Gravity Gradiometry (AGG) data used to correlate structures between seismic lines.Source: Xcalibur Multiphysics.

The new combined group will be named Xcalibur Multiphysics and will be able to offer these services on a global basis with additional offices located in North and South America, Europe, Africa, and Australia.

The enlarged company is hoping to take advantage of the projected increase in exploration activities prompted by the surge in demand for minerals resources and underground water, related to the energy transition, green energies, and sustainability challenges. They are currently also engaged in several R&D projects, including the application of Artificial Intelligence and Machine Learning in natural resources and sustainable exploration.

 

 

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