Geodis Wilson, Caracal Energy Enter Long-term Contract
The Industrial Projects division of international freight forwarder Geodis Wilson secured a new three-year contract with Caracal Energy Inc., an international player in the exploration and development of oil and gas fields.
Caracal Energy has chosen Geodis Wilson as its logistics partner for the exploration of a new resource field in Chad, the company’s primary market. The deal includes global freight forwarding activities by air and sea, planning and execution of inland logistics, customs clearance, as well as rail and road transportation through Chad and Cameroon. The contract is worth €34 million, with an option to extend for an additional two years.
Geodis Wilson serves some of the world’s largest oil and gas companies, mostly in markets that are challenging from an infrastructure perspective.
“We are known for delivering specialized transport solutions for the energy segment worldwide, as well as for mining companies, the petrochemical industry, infrastructure projects and the rail industry. Our Industrial Projects division is a strategic driver for our future growth,” said Kim Pedersen, Executive Vice President at Geodis Wilson.
The next shipments related to the exploration project in Chad are taking place in September this year.