A. Company profile B. International Petroleum Services collaboration possibilities

2. A. Company profile • B. International Petroleum Services collaboration possibilities • C. Experiences on the Oil & Gas, Energy Market • International Petroleum Services capabilities • Partners • Management and Project management • Planning and construction • Engineering • Maintenance and industrial services

3. International Petroleum Services is a Romanian company which integrates industrial projects ,industrial services, maintenance, project management and technical upgrades. Our services are certified : ISO9001, ISO14001 and OHSAS18001 Our mission is to offer a feasible alternative to the “in-house’’ maintenance, as well as greenfield and brownfield industrial projects and management& project management. Our new branch opened in Basrah Iraq is developing projects in Oil & Gas Industry and Infrastructures.

4. Our expert team is made of: • Management • Project Managers • Mechanical engineers • Electrical and I&C engineers • Civil engineers • QA / QC engineers • Procurement engineers / Contract Managers • Planning / Programming / Cost Supervision Engineers • Process Design engineers • Supervisors • Drilling/work over engineers • Foremen • Welders * Additional workforce can be subcontracted according to the amount of works and site requirements.

5. Business area:Oil & Gas, Refining, Power Plant Oil & Gas units Refineries & Petrochemical Process units Chemical and fine Chemical units Utilities plants and units Ecological units Services: Management & Project management, Engineering, Planning, Procurement, Construction Competitive advantages: “Know how” provided by others OEM parts delivery IPS – General Contractor • Business area: Oil & Gas, Refining and Petrochemical, Power Plant • Services: • Project management, Basic Engineering, Planning, Procurement • IPS – Subcontractor • Services: Construction, Mechanical erection, Electrical and I&C installation, Detailed engineering, Maintenance and servicing, Procurement, Commissioning / Precomissioning and Startup • Competitive advantages: • IPS can supply men power at local costs (low costs); • Efficiency in establishing business partnerships due to EPCM recognized reputation. Other EPCM Company General Contractor

6. C. Experiences on the Oil & Gas, Energy Market IPS experienced personnel as General Contractor/as Subcontractor: • Services and project implementation for Rompetrol, OMV Refineries • Technological improvements programs in energy sector according with UE regulations • Maintenance activities for mechanical, E&IC for: Oil & Gas industry (RomGas, TransGas), Energy industry, Chemical and Petrochemical Industry (Oltchim) • Planned shut-downs and turn-around maintenance refineries/chemical/petrochemical • Project executions in Refineries/Petrochemicals plant, Energy industry • Project executions in oil & gas industry ( drilling & workover , pipeline system) • (Rompetrol, Petrom OMV, Rafo - Refinery, , TransGas, RomGas, Oltchim)

7. Technology drives our business— it speeds schedules, cut costs and ensures quality. To make the best use of it, IPS has implemented proper information systems to better support its activity: • Planning: Primavera • Materials and Work order management: Maximo • Each Project can be controlled in mater of: (budget, contract terms, quality, invoices issued and received, payments)

8. Work areas: • Drilling & work over • Software & IT Security systems • UnisimDesign application • Plant engineering • Process technology • Static/dinamic Mechanical equipment • Piping • Constructions • Electrical & instrumentation • Basic and detailed engineering & design for process and auxiliary units, utilities, terminals, technological equipment, and offsite facilities • Project support services, evaluation of bid packages, analysis and selection of vendor's bids. • Technical assistance during erection and testing. • Mechanical Equipment drawings for oil refineries and energy industries and facilities.

9. For the procurement process, IPS has implementeda competitive electronic tenderingsystem and a procurement management procedure. These are updated on yearly basis and clearly define the main following activities: • Track the requisitions and deliveries. • Keep accurate picture of stocks. • Organize on-line bids. • Record supplier evaluation IPS has the “KNOW HOW”, necessary for management at all stages of a project, from pre-design through construction and startup. • Managing the bid process and orders with subcontractors; • Materials management, including field procurement, receipt of materials, inspection, warehousing and delivery of materials for construction sites; • Planning • Construction fields administration; • Commissioning and maintenance;

10. Installation of machines and plants, tanks, vessels, columns, heaters and E&IC equipment's; • Delivery and installation of piping systems, steel structures, insulation facilities, foundation accessories and special components; • Foundation grouting; • Corrosion protection; • Filling level testing and pressure testing; • Initial filling with lubricant; • Dismantling; • Static and rotating equipment overhaul. • Insulation & Painting take-off

11. IPS has the logistics and specialized personnel in electric/automation field and large distributed process control systems (DCS, PLC,SCADA, intelligent devices) implementations: • CIMS - holds a complete data base of all the electric and automation equipment's, also used for all the detailed design in all the IPS’s implementation projects. • ThePRAM laboratory ensures services as signal measurements, testing and complete inspections for electrical installations and equipment's. • FAT and SAT activities • Planning and engineering of maintenance projects • Mechanical Inspection • Exchange of machinery and plant components • Overhaul and repair of machinery ( pumps, compressors, turbines ) and plants • Process Control and Optimization of Plants ( UnisimDesign simulation software) • Risk Management and Troubleshooting • Procurement and manufacture of spare parts • Predictive maintenance: oil analysis, vibration analysis, root cause failure analysis technique • Insulation & Painting take-off

12. E. Partners ZIRAN TELEDYNE DAFORA PETRODESIGN CONDMAG GENERAL TURBO WALTER TOSTO TMUCB NORTON INTERACTIVE BIOGREEN ALPACCES ROMCONSTRUCT

13. Basrah / Iraq Residential Neighborhood of Bay / Next College of Physicians, Tel. 009647806610504 office@petroleumservices.ro www.petroleumservices.ro Bucharest / Romania Str. Nicolae Tonitza 11 Tel. +40 744777069 office@petroleumservices.ro www.petroleumservices.ro Iasi / Romania Str. Manta Rosie 16 Tel./fax. +40 232222621 office@petroleumservices.ro www.petroleumservices.ro