Committed to Excellence

cced.com.om

CC Energy Development S.A.L. (OMAN)PO Box 539, PC 133, Al Khuwair, Muscat, Sultanate of Oman. Tel.: +968 2206 3001 Fax: +968 2460 7061

CC Energy Development S.A.L (CCED) is an independent upstream Oil and Gas Exploration and Production Company that has been operating in Oman since 2007. In addition to significant existing production, CCED has had considerable exploration success to ensure long-term sustainability.

CCED brings significant exploration, development, and production experience in the oil and gas industry and is an important contributor to the hydrocarbon sector in Oman. CCED is dedicated to long-term

sustainable development of the industry through building Omani capability, enabling economic improvement and supporting the local communities in which it operates.

Committed to Excellence

CCED acquired Blocks 3 & 4 in Oman in 2007. Over the previous 40 years several oil companies had explored the blocks with little success, however CCED brought a refined geological perspective and explored different opportunities. Soon, the company discovered two separate reservoirs. CCED has made a substantial investment to transform exploration success into a value generating development in a remarkably short time, while continuing to explore and appraise additional opportunities within the Blocks.

We strive for excellence in everything we do and we are proud of the technical capabilities that have allowed us to grow quickly and organically into such a valuable contributor to the economy of Oman.

Walter SimpsonManaging Director

Our Assets & Milestones

CCED’s operating footprint is in Blocks 3 & 4, one of the largest concession areas in the Sultanate of Oman.

Assets in Oman

Key Milestones

We are currently producing close to 40,000 bpd from Blocks 3 & 4, and will soon bring three new projects on-stream further strengthening our vision to be a long-term value-adding contributor to the oil and gas sector in Oman.

Ramzi KhouryFinancial & Commercial Director

CCED Operator

Tethys Oil Partner

Mitsui Partner

Onshore Blocks 3 & 4

2008

LicenseAcquired

Q2/Q3-2009

ExplorationWell Drilled

Q2-2010

Early ProductionCommenced

December 2012

CommercialDeclaration

Oil ProductionOman Blocks 3&4 / 2012 - 2017

45,00040,00035,00030,00025,00020,00015,00010,0005,000

-

70,000,00060,000,00050,000,00040,000,00030,000,00020,000,00010,000,000-

2012

AVE BOPD CUMULATIVE

2013 2014 2015 2016 2017

BOPD

CUM

M. P

ROD

UCT

ION

(BA

RREL

S)

CC Energy Development S.A.L (CCED) is an independent upstream Oil and Gas Exploration and Production Company that has been operating in Oman since 2007. In addition to significant existing production, CCED has had considerable exploration success to ensure long-term sustainability.

CCED brings significant exploration, development, and production experience in the oil and gas industry and is an important contributor to the hydrocarbon sector in Oman. CCED is dedicated to long-term

sustainable development of the industry through building Omani capability, enabling economic improvement and supporting the local communities in which it operates.

Committed to Excellence

CCED acquired Blocks 3 & 4 in Oman in 2007. Over the previous 40 years several oil companies had explored the blocks with little success, however CCED brought a refined geological perspective and explored different opportunities. Soon, the company discovered two separate reservoirs. CCED has made a substantial investment to transform exploration success into a value generating development in a remarkably short time, while continuing to explore and appraise additional opportunities within the Blocks.

We strive for excellence in everything we do and we are proud of the technical capabilities that have allowed us to grow quickly and organically into such a valuable contributor to the economy of Oman.

Walter SimpsonManaging Director

Our Assets & Milestones

CCED’s operating footprint is in Blocks 3 & 4, one of the largest concession areas in the Sultanate of Oman.

Assets in Oman

Key Milestones

We are currently producing close to 40,000 bpd from Blocks 3 & 4, and will soon bring three new projects on-stream further strengthening our vision to be a long-term value-adding contributor to the oil and gas sector in Oman.

Ramzi KhouryFinancial & Commercial Director

CCED Operator

Tethys Oil Partner

Mitsui Partner

Onshore Blocks 3 & 4

2008

LicenseAcquired

Q2/Q3-2009

ExplorationWell Drilled

Q2-2010

Early ProductionCommenced

December 2012

CommercialDeclaration

Oil ProductionOman Blocks 3&4 / 2012 - 2017

45,00040,00035,00030,00025,00020,00015,00010,0005,000

-

70,000,00060,000,00050,000,00040,000,00030,000,00020,000,00010,000,000-

2012

AVE BOPD CUMULATIVE

2013 2014 2015 2016 2017

BOPD

CUM

M. P

ROD

UCT

ION

(BA

RREL

S)

We are a young and dynamic organisation with some of the brightest minds in the industry. We don’t just focus on Omanisation as a number, but we build capacity and develop our people to create an internationally qualified and capable workforce. We invest continuously in training and development and have an active Graduate Training & Development programme.

Nadra Said Al BarwaniHead of HR & Admin Services

Building CapabilityCCED believes its technical excellence is built on the ability and potential of its people. We are committed to developing Omani capability at all levels of the organisation. The total workforce is around 700 people and currently 80% of these are Omani.

CCED provides a challenging and stimulating work environment for young graduates with opportunities across various technical functions such as Petroleum Engineering, Geology, Project Engineering and Operation & Maintenance Engineering.

Well-developed people practices make working at CCED both enjoyable and rewarding, while providing aspiring Omani talent the platform to learn and grow in their careers.

DrillingRig count in 2 Rigs

Rig count in 2 Rigs

Rig count in 3 Rigs

Rig count in 4 Rigs

Rig count in 4 Rigs

Rig count in 3 Rigs

Seismic

CCED completed 1,668 km2 of 3D and 850 km of 2D

CCED completed 1,600 km2 of 3D

CCED completed 1,300 km2 of 3D

CCED completed 320 km2 of 3D

“I enjoy working in CCED because of the work environment that encourages work-life balance.”

Arwa Al JabriAssociate Reservoir Engineer

“I enjoy working in CCED because of the work environment that encourages work-life balance.”

“I really enjoy working in CCED because of a clear development plan and career path.”

Azzan Al HarrasiGeologist

“CCED provides an environment that encourages clear communication and transparency and keeps the employees engaged.”Ayman Al BimaniGIS Spatial Analyst II

“I enjoy working here as the company has a clear mission and vision which is inspiring me and keeps me highly motivated.”Iman Al HajriInternal Auditor

CCED places strong emphasis on growing the local economy. We believes that it is our responsibility to invest in the communities we work with and develop business that can bring value to Oman.

Our In-Country Value (ICV) programme is based on three core pillars:• Omanisation through employment, education,

training and development• Hiring and supporting local community

contractors• Assisting in developing and promoting newly

established Omani Companies and ensuring that knowledge and training is passed to those companies

CCED has instituted a number of initiatives that help build ICV such as: • Vendor Development Program: Working closely

with Omani contractors to help build their capabilities, allowing them to secure contracts

• Ring Fencing Program: Gives priority to Omani contractors in certain areas of procurement and local contracting

• ICV Monitoring and Reporting System: Web-based system launched in 2017 allowing contractors to report the ICV online

• CCED has been supporting the SME Initiative (Tahfeez) in cooperation with the Ministry of Manpower, ‘Riyada’ within the labour market and employment lab and the National Programme to Promote Economic Diversification (Tanfeedh)

CCED is committed to building the skills and capacity of Omani contractors in order to deliver sustainable commercial benefits for the country.

Abdullah Al AbriICV Manager

Committed to grow the Omani Economy

Initiatives

• We also work with local small companies providing them with, guidance and assistance in bid preparation and strategic planning to allow them improve their competitive advantage

• We have been supporting the development of the Super LCCs and recently signed our first contract with Al Sawari

We are a young and dynamic organisation with some of the brightest minds in the industry. We don’t just focus on Omanisation as a number, but we build capacity and develop our people to create an internationally qualified and capable workforce. We invest continuously in training and development and have an active Graduate Training & Development programme.

Nadra Said Al BarwaniHead of HR & Admin Services

Building CapabilityCCED believes its technical excellence is built on the ability and potential of its people. We are committed to developing Omani capability at all levels of the organisation. The total workforce is around 700 people and currently 80% of these are Omani.

CCED provides a challenging and stimulating work environment for young graduates with opportunities across various technical functions such as Petroleum Engineering, Geology, Project Engineering and Operation & Maintenance Engineering.

Well-developed people practices make working at CCED both enjoyable and rewarding, while providing aspiring Omani talent the platform to learn and grow in their careers.

DrillingRig count in 2 Rigs

Rig count in 2 Rigs

Rig count in 3 Rigs

Rig count in 4 Rigs

Rig count in 4 Rigs

Rig count in 3 Rigs

Seismic

CCED completed 1,668 km2 of 3D and 850 km of 2D

CCED completed 1,600 km2 of 3D

CCED completed 1,300 km2 of 3D

CCED completed 320 km2 of 3D

“I enjoy working in CCED because of the work environment that encourages work-life balance.”

Arwa Al JabriAssociate Reservoir Engineer

“I enjoy working in CCED because of the work environment that encourages work-life balance.”

“I really enjoy working in CCED because of a clear development plan and career path.”

Azzan Al HarrasiGeologist

“CCED provides an environment that encourages clear communication and transparency and keeps the employees engaged.”Ayman Al BimaniGIS Spatial Analyst II

“I enjoy working here as the company has a clear mission and vision which is inspiring me and keeps me highly motivated.”Iman Al HajriInternal Auditor

CCED places strong emphasis on growing the local economy. We believes that it is our responsibility to invest in the communities we work with and develop business that can bring value to Oman.

Our In-Country Value (ICV) programme is based on three core pillars:• Omanisation through employment, education,

training and development• Hiring and supporting local community

contractors• Assisting in developing and promoting newly

established Omani Companies and ensuring that knowledge and training is passed to those companies

CCED has instituted a number of initiatives that help build ICV such as: • Vendor Development Program: Working closely

with Omani contractors to help build their capabilities, allowing them to secure contracts

• Ring Fencing Program: Gives priority to Omani contractors in certain areas of procurement and local contracting

• ICV Monitoring and Reporting System: Web-based system launched in 2017 allowing contractors to report the ICV online

• CCED has been supporting the SME Initiative (Tahfeez) in cooperation with the Ministry of Manpower, ‘Riyada’ within the labour market and employment lab and the National Programme to Promote Economic Diversification (Tanfeedh)

CCED is committed to building the skills and capacity of Omani contractors in order to deliver sustainable commercial benefits for the country.

Abdullah Al AbriICV Manager

Committed to grow the Omani Economy

Initiatives

• We also work with local small companies providing them with, guidance and assistance in bid preparation and strategic planning to allow them improve their competitive advantage

• We have been supporting the development of the Super LCCs and recently signed our first contract with Al Sawari

CCED values its presence in Oman and is committed to being part of the community within which it operates. Our Corporate Social Responsibility program encompasses our employees, contractors, government, and local communities as well as our impact on society and the environment at large.

We believe that a responsible approach towards all our stakeholders and society as a whole is essential to our continued success.

Corporate Social Responsibility

• Supporting the 12th Rattel Wartaqi (Recite & Elevate) competition

• Helping build a multipurpose hall at the Imam Salim bin Murshid School

• Building new classrooms at Al Ghydarana School in Adam

• Building a Theater in Al-Nujabaa School in Adam

• Supporting the development of the education through digital communications

• Supporting Education & Services Projects at Hafs bin Rashid School (Classes 10 -12)

• Supporting Open Class for Hail Al Awamer School

• Supporting the Society of Chemical Engineering - SQU

• Extending educational support to students in concession area

• Supporting the Job Seekers Employability Development Program

• Supporting the 3rd Duqm Society & Economy Forum

• Support Nursing Continuous Professional Development

• Support Omani Women Association in Adam

Schooling & Education Business & People Development

• Support Traffic Week Events 2017

• Sponsoring health awareness campaigns

• Shading and equipping the Fish Market in Mahoot

• Supporting Al Wafa Centre - Department of Social Development in Mahoot

• Sponsoring health events in North Batinah

Community & Wellness

In line with this commitment, CCED has successfully completed the following activities:

The company is working to continuously improve its HSE performance. We focus on parallel themes of cultural development and excellent systems. Developing our culture drives the behaviours we are looking for and we have done this, by introducing a number of initiatives such as a safety card system and a Safety Club. These initiatives have resulted in enhancing the reporting and learning culture with our workforce committed to taking care of each.

As an organisation that has people at the centre of everything, HSE is a core value of CCED’s business. Strong and visible leadership is delivered through our commitment to building trust, adhering to Life Saving Rules, empowering our workforce to intervene without repercussion and showing zero tolerance to unsafe behaviours.

CCED actively engages with its contractors to ensure they understand our expectations, manage HSE in line with these expectations and ensure their employees embrace a safe working culture.

Health, Safety & Environment

CCED values its presence in Oman and is committed to being part of the community within which it operates. Our Corporate Social Responsibility program encompasses our employees, contractors, government, and local communities as well as our impact on society and the environment at large.

We believe that a responsible approach towards all our stakeholders and society as a whole is essential to our continued success.

Corporate Social Responsibility

• Supporting the 12th Rattel Wartaqi (Recite & Elevate) competition

• Helping build a multipurpose hall at the Imam Salim bin Murshid School

• Building new classrooms at Al Ghydarana School in Adam

• Building a Theater in Al-Nujabaa School in Adam

• Supporting the development of the education through digital communications

• Supporting Education & Services Projects at Hafs bin Rashid School (Classes 10 -12)

• Supporting Open Class for Hail Al Awamer School

• Supporting the Society of Chemical Engineering - SQU

• Extending educational support to students in concession area

• Supporting the Job Seekers Employability Development Program

• Supporting the 3rd Duqm Society & Economy Forum

• Support Nursing Continuous Professional Development

• Support Omani Women Association in Adam

Schooling & Education Business & People Development

• Support Traffic Week Events 2017

• Sponsoring health awareness campaigns

• Shading and equipping the Fish Market in Mahoot

• Supporting Al Wafa Centre - Department of Social Development in Mahoot

• Sponsoring health events in North Batinah

Community & Wellness

In line with this commitment, CCED has successfully completed the following activities:

The company is working to continuously improve its HSE performance. We focus on parallel themes of cultural development and excellent systems. Developing our culture drives the behaviours we are looking for and we have done this, by introducing a number of initiatives such as a safety card system and a Safety Club. These initiatives have resulted in enhancing the reporting and learning culture with our workforce committed to taking care of each.

As an organisation that has people at the centre of everything, HSE is a core value of CCED’s business. Strong and visible leadership is delivered through our commitment to building trust, adhering to Life Saving Rules, empowering our workforce to intervene without repercussion and showing zero tolerance to unsafe behaviours.

CCED actively engages with its contractors to ensure they understand our expectations, manage HSE in line with these expectations and ensure their employees embrace a safe working culture.

Health, Safety & Environment

Committed to Excellence

cced.com.om

CC Energy Development S.A.L. (OMAN)PO Box 539, PC 133, Al Khuwair, Muscat, Sultanate of Oman. Tel.: +968 2206 3001 Fax: +968 2460 7061