Corporate Profile - Alshafak Oil Services

WELCOME TO ALSHAFAK

Alshafak Oil Services Company is a privately owned and independent Oil service provider, providing first class services. Through a continuing program of strategic development and investment, the company additionally offers a wide range of shipping and logistics services, which include international supply chain management, project freight forwarding, stevedoring & warehousing services, and oil & gas / offshore logistics support services.

Services are offered in Libya from 2008 Our highly motivated country-teams are proud to provide quality personalized services and tailor-made solutions with maximum efficiency to a large variety of clients

The Company is operated and managed by dedicated and trusted logistics and shipping professionals, with extensive commercial and operational experience in the international maritime service sector.

in multiple disciplined industries. Alshafak Oil Services Company, based in Tripoli – Libya

OUR VISION At Alshafak Oil Services Company, we are a team of industry professionals offering unparalleled expertise in developing highly innovative products from the logistics trends of the future. Empowered by our commitment towards service quality, reliability and cost effective solutions adapted to meet the changing needs of our customers. Guided by our core values of Excellence, Integrity and Responsibility we promote synergy in the pursuit of sustainable growth and development. We continuously strive to expand our global service portfolio and at the same time maintain our high standards in customer service and dedication to our daily work and endeavor to become a global market leader in the maritime logistics and vessel agency industries by providing greater connectivity to global growth markets through our solid Local network of offices and strategic alliances.

OUR MISSION AND VALUES Our business transactions are based on trust; we are committed to the highest standards of professionalism and our business code of ethics. We believe in transparency as the foundation of our ambition to create lasting value, upholding the interests of our clients, employees and the communities where we operate. We act with a sense of urgency, to demonstrate our ability to respond to client needs with real, tangible and pro-active solutions that strengthen customer confidence and reinforce our market credibility. We value our diverse, talented workforce and inspire them to achieve their fullest potential and provide opportunities for their future. We aim to make a mark in the logistics and vessel agency industries creating milestones that will make us a global brand trusted and recognized for our first in class services. We pursue excellence in the way we do business by doing it first, doing it right and doing it best!

OUR GUIDING PRINCIPLES

ALSHAFAK OIL SERVICES COMPANY WAY OF WORKING

Our guiding principles are embraced by every single team member in Alshafak Oil. As a result, each of our employees will demonstrate: »» A determination to achieve high personal standards »» A commitment to continuous improvement and bespoke innovation »» A focus on providing excellent customer service beyond expectation »» A willing responsiveness to customers -resulting in a ‘can-do’ attitude »» Flexibility and planned improvement based upon clear ideas and targets »» A clear and decisive attitude and understanding about health and safety and the fact that it is our number one core value

HEALTH AND SAFETY The management of Alshafak Oil Services Company is committed to the protection of the health and safety of our employees, our customer’s employees, and the general public. We believe that incidents and injuries are preventable, and that a job is only well done if it is done safely. We have documented Health, Safety and Environmental policies in place, and have a Safety Management System in operation, which is in accordance with the labor laws of the countries in which we operate.

In addition, Alshafak Oil Services Company engages external HSE auditors to perform external safety audits on our operation to ensure that our processes are in keeping with our procedures and the applicable legislation.

HEALTH & SAFETY OBJECTIVES

HEALTH & SAFETY GOALS »» Prevent workplace incidents and injuries

1

Always manage our operations in the safest manner, by recognizing and assessing hazards and applying effective controls

2

Make safe conduct a condition of employment

3

Always comply with health and safety legislation and guidelines

4

Ensure our managers and supervisors provide the tools, supervision, training and resources needed for our employees to work safely

5

Ensure our employees and others on Red Transport work-sites work safely

6

Involve all employees in our health and safety management system

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Review our health and safety performance regularly, evaluate performance information and communicate performance to all employees

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Learn from our experiences to prevent future incidents

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Ensure that our formalized health and safety management system remains current with industry best practices

»» Continually improve our health and safety performance »» Have the best safety performance in the Marine Agency industry »» Foster a culture in which all employees, partners, contractors and subcontractors share this commitment to health and safety and the environment

ENVIRONMENTAL POLICY Our goal is to conduct our business in a way that protects the environment.

Everyone who works for Alshafak Oil Services Company has a responsibility to give their best efforts to achieve this goal.

We are committed to do this through our policy principles.

Consequently, Alshafak Oil Services Company plans and conducts their operations, according to sound environmental principles. They are to strive always to carry out work in the manner best calculated to minimize any adverse environmental effect, to prevent pollution of any kind, and are actively to seek ways

of reducing environmental damage.

Where our operations, our conduct or our existence is subject to specific laws or regulations, our company will comply fully with all such applicable laws and regulations, and if possible will exceed the minimum requirements because this is good business practice. Special attention will be paid to ensure compliance with international conventions and regulations which apply to offshore and oil & gas operations.

At Alshafak Oil Services Company, we are committed to reducing the environmental impact of our operations.

To achieve our objective, Alshafak Oil Services Company employees will in their daily operations:

»» Ensure compliance with all environmental regulations »» Promote efficiency and reduce waste across the organization »» Ensure that environmental awareness is included into its business planning, process improvement and operational disciplines »» Provide accurate reporting to the authorities, the community, our shareholders and employees regarding our environmental performance »» Invest, wherever appropriate, in an asset base and the systems and processes which reduce energy consumption and minimize carbon emissions

CORPORATE RESPONSIBILITY A critical success factor for Alshafak Oil Services Company has been effective cross-cultural communication and collaboration. We recognize that as our client’s chosen Off Shore Logistics, we must ensure that outstanding results are consistently achieved through the cross-culture flow of best practices, knowledge, learning and expertise. Our offices are consistent in offering principals dedication to outstanding customer service, at a very professional level.

01. HUMAN RESOURCE MANAGEMENT

02. COMPLIANCE CONTACT

With a footprint in Libya that stretches over 2 decades, our company has always strived to provide a competitive, but at the same time safe and professional environment for our local and expatriate employees.

For more information on our corporate responsibility please contact our compliance officer: complianceofficer@aos.ly

OIL & GAS OFFSHORE LOGISTICS SUPPORT SERVICES AOS has in-house capabilities as an Integrated Project Logistics Services provider, specializing in Oil & Gas / Offshore Marine logistics, chartering, and Offshore (Support) Vessel agency services in all of Libyan Waters, Our Oil & Gas / Offshore team provides logistics services in all of Libyan locations, For certain projects an exchange and sharing of competencies is put in place between the various divisions within the Company. The Company operations and sales office in Tripoli serves as a back-office to the All of Libyan Locations, oil & Gas / offshore operations and supports the various divisions in administrative functions such as invoicing, accounting, human resource, and project management.

SERVICES WE OFFER 01

Obtain permissions for allowing the entry of vessels and working in the Libyan water from maritime authority

09

Transporting crews to and from vessels and airports

10

Providing supporting vessels for seismic vessels / rigs either Libyan or Foreign

11

Performing all the required procedures to rigs, seismic vessel and chase boats such as following up, supervising and finding solutions to any problems may occur during its existence in the Libyan water

02

Completing temporary importation procedures with custom authority

03

Completing the entry procedures of vessel’s crews (granting visas)

04

Granting permission and assigning of coastal guard person to be on board of the vessel / rig

12

Obtain the acceptance of the Israeli boycott from the concerned department

Completing the final exporting procedures to vessels and closing its files

13

Importing and finishing the customs clearance procedures for anything needed for thaw project such as spare parts, materials, data tapes and any other requirement

14

Exporting anything needs to be exported

15

Doing all the logistics needed for rigs, vessels and chase boats

16

Doing all logistics for on shore field

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Completing replacement procedures of vessel’s crews (crew changes) in and out Libya

07

Processing of taxes procedures related to any kind of agreements, contacts and invoices

08

Hotel booking, air tickets and receiving crews at airports

17

We providing spare parts, tools for all oil fields.

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Performing the maintenance, protection and furnishing oilfields, completing the procedures related to the oil stations and all its services as well as procuring materials, equipments and used machines in oil area and importing it from abroad either temporary or permanent

19

Providing transportation services to materials, equipment and machines related to the drilling in marine and desert areas

20

Accepting the commercial agencies and importing the operation instruments for achieving its purposes

21

Performing the marine and air seismic and the vessels and aircrafts leasing as well as its temporary importation for its use in this field.

At Alshafak we recognize the very specific needs and often time restrictive requirements of our Oil & Gas and Offshore customers. As a result of our historic footprint in Libya, our operators and management have a keen eye for the ‘need for speed’ and the requirement for reliable and compliant delivery services in often difficult and hostile environments. Health, Safety and productivity are at the center of every upstream, mid-stream and downstream operation.

Enabling these operations to perform at optimum levels, without trade-off, is the core of Alshafak Oil Services Company integrated end-to-end supply chain solutions.

Asset utilization via uncompromised material availability as defined

by a client’s policies on critical spares, planned maintenance and production schedules is embedded in Alshafak Oil Services Company logistics approach to supporting the oil and gas and offshore industries.

Our Company has agreements in place with reputable service companies and can offer our clients a full portfolio of supply chain service for the Oil & Gas / Offshore industries.

The AOS Company has a proven experience in handling multiyear in project logistics support services in the offshore construction industry in Libyan Waters, Our company is proud to have a large portfolio of both local and international clients in the Oil & Gas / Offshore (construction) industries.

OFFSHORE YARD MANAGEMENT SERVICES Alshafak Oil Services Company provides a fully integrated offshore supply base capability in various locations ensuring safe and effective on-time delivery of product to projects locally or offshore. Our business manages heavy load out and bulk freight, warehousing and packing, quayside and waste operations utilizing the locally available infrastructure and third party providers where necessary.

In recent years we have managed numerous projects and vessel mobilizations with the support of a strong marine management team that delivered time and again.

VESSEL AND SUPPLY BOAT RENTAL Alshafak Oil provide all kind of vessels, offshore towing, salvage and shipping and supply of the oil rigs with necessary materials, towage of the rigs on long and short routes, as well as positioning and anchoring the rigs. The company also provides salvage, assistance and ship repair services, as well as transport of, we can provide all needed services for our clients.

OFFSHORE OIL / GAS VESSEL & HUSBANDRY AGENCIES As a result of our specialization in the Offshore and Oil & Gas Sector, we have a profound knowledge and understanding of the vessel agency and logistics requirements of offshore support vessels and construction vessels. In the past years the AOS has assisted numerous Oil & Gas / Offshore construction companies in Libyan Waters by providing vessel support services, in particular for vessel mobilisations and demobilization.

On average the AOS assist over 20 local and international companies, our project teams can be mobilized at short notice to any of the Libyan ports in which clients are operate and often beyond, and understand the intricacies of the Oil & Gas and Offshore industries.

Our staff are used to working under pressure and are committed to servicing all requirements of our clients.

MANPOWER SERVICES Main Recruiter for Drilling, Marine and Catering crew on board the semi-submersible rig Ocean endeavor.

Neptun block and data from the well are currently being evaluated by Exxon and OMV Petrom specialists.

The rig commenced drilling offshore Black Sea, in water depths of 800 -1200 meters.

OGR employs close to 100 drilling, marine and catering crew on board the Ocean Endeavor on different ranks:

The Ocean Endeavour rig, which was commissioned by EXXON MOBIL and OMV PETROM to make further exploration drills in the Neptun block, is drilling the Pelican South-l wildcat well about 155 kilometers offshore in the Romanian sector of the Black Sea. The Pelican South-l well will test a new geological structure on the Neptun Block.

Earlier in October 2014, the Ocean Endeavour rig completed drilling the Domino-2 well in the

• – roustabout – roughneck – pumpman – motorman – • marine roustabout – welder – medic / doctor – rig clerk / • administrator – radio operator – translator In efforts to counter a drop in onshore production while reducing their reliance on imports from Russia, countries that border the Black Sea have launched bid rounds and entered productionsharing agreements with operators.

OGR PROJECTS Main Recruiter for Drilling, Marine and Catering crew on board the DP2, semisub rig GSF Development Driller 2.

OGR has been awarded the contract to supply local manpower on board Transocean’s 00 II, a OP2, 2005 built, semi-submersible drilling rig. The DD II has drilled in the Black Sea for Lukoil, in water depths ranging from 800 to 1500 meters.

We employ 60 drilling, marine and catering crew on board the DD II, on different ranks: • • • •

– 3rd engineer – 2nd Mate, OPO – BCO – ballast control operator – roustabout – roughneck – pumpman motorman – marine roustabout / AB – welder – rig clerk administrator / Campboss – stewards and cooks

Oil & Gas Recruitment (OGR) ltd.

Romania and her Cyprus branch – Nextroute (NXTR) Ltd. provides recruitment and employment agency services to an international client base.

We handle requirements for temporary, permanent and contract placements mainly for the offshore, oil and gas industry.

Our staff has an experience of more than 10 years in the offshore, oil and

gas industry: – previously worked on board different offshore support vessels, semi-submersible drilling rigs and driIIships, as well as recruiters for the oil & gas industry for over 6 years.

We can proudly say that our company is the only Romanian Manning Agency 100 % specialized in the offshore manpower supply, both locally and internationally for the oil and gas and renewable energy industry.

Alshafak Oil Services Ltd. Libya – operates from Tripoli, Tunis and Malta and provides all necessary administrative, legal support to the service companies also all needed licenses, permits, visas.

AI Shafak Oil Service, a Libyan joint stock company, was established in 2008 and since then it has been providing all the range of logistic services, including the service of light maintenance and the provision of qualified manpower.

These services are provided to those major oil and gas operators and their main contractors and specialized services providers.

AIshafak is well known among the above mentioned companies, this was through AIshafak involvement in almost all the seismic, drilling and development campaigns executed in the Libyan off shore zone.

AI Shafak since its establishment has acquired and consolidated sufficient know how and expertise, now recognized by its several clients of the oil and gas and contracting companies.

AIshafak believes that its success depends on the success of its clients.

The Black Sea Area Despite the occasional setback – political and exploratory – the Black Sea continues to draw interest from international oil companies, including heavy hitters such as Exxon Mobil, Total, Shell, Lukol, Repsol. Fewer than 100 offshore wells have been drilled in the Black Sea and, until recently, its deeper waters remained mostly unexamined by seismic surveys.

Main Recruiter for Catering crew on board different drilling units for SODEXO REMOTE SITES NETHERLANDS and ESSCOMPASS GROUP ABERDEEN & SINGAPORE: OGR / NXTR employs and posts for Sodexo and ESS Compass Group over 100 offshore experienced catering personnel onboard different offshore / dri lIing / wind farm support units around Europe and the North African coast: • •

– Campboss – Chefs / Day Cooks – Night Cooks / Bakers – Lead Stewards – Stewards

CHAIRMAN MESSAGE I have always firmly believed that our success depend on the success of our client. It is our commitment to provide to our customer timely service and effective support in all those areas that the only gas offshore operation needs.To accomplish this mission we have established an alliance withal those involved bodies needs for permits, licenses visas and all those other vitally needed elements to achieve success.

I would like to pledge that Alshafak team will endeavorfull efforts to meet our client’s exactions.

Eng. Mustafa Omar

Alshafak Oil Services is certified by TRACE. TRACE membership helps companies conduct business ethically and in compliance with the U.S. Foreign Corrupt Practices Act, U.K. Bribery Act and other anti-bribery legislation.

For more information on our recommendations certifications and testimonials, please check our website: www.alshafakoil.ly

OUR CLIENTS AND PARTNERS

Providing Oil & Gas Offshore Logistics Support Services in Libya

Mohamed Attabet St, Al-Dahra, Tripoli - Libya +218 21 334 6416 operations@aos.ly +218 21 334 7246 www.alshafakoil.ly