Petro Gas Oil Services

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PETRO GAS OIL SERVICES.

8 Abin Al Hassan St.Zaviath Al Dahmani Tripoli, Libya. Tel : 00218 21 3408344 / 3408345 / 3408346Fax : 00218 21 3408572Email : [email protected] Site : www.petrogaslibya.com Mr. Abdurrazag Mukhtar ChairmanPetro Gas Oil Services

Mr. Abdurrazag Mukhtar has over 30 years experience in the oil and gas sector in Libya. He is the Founder and Co-owner of several former Libyan companies, including the National Fiberglass Company, Desert Services and Yasin & Co. and has well over twenty years experience in the USA with various startup and well established companies (Founder of ECOM Development) (V.P. of Sysorex Information Systems).

Youssef Omar Business Development Manager at PetroGas LibyaLibya | Oil & Energy

Current:Business Development Manager at PetroGas Libya

Past:Software Engineer at Catbird, Owner at ParkingBookings, Software Engineer at Calmirco Inc, Operational/IT Manager at Park n Travel, Private consu...

Education:Santa Clara University, Tripoli University

Summary:- Engineering Management. - Project Management, Planning and Budgeting. - Software Engineering. - Web applications development

Business Development Manager

PetroGas Libya

October 2011 – Present (1 year 4 months) Tripoli, Libya

- Strategic Consulting to the local Oil & Gas companies, by offering expat consultants in petroleum and industrial engineering.- Managing all legal and logistics for the expats from the 1st day till they leave.- Budgeting operation expenses for the following year on a quarterly bases.

http://www.linkedin.com/pub/youssef-omar/5/795/a1a

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- Opening new lines of business to be offered to Oil & Gas companies, including Project Management Services, and Full Project Implementation.- Contracting with international Oil & Gas service companies to support our future projects.- Introduced an open source ERP software to smoothen company's daily operations.

Petro Gas Oil Services Limited is based in Tripoli, capital city of Libya formed under the Libyan law with our core business operating in the Oil & Gas sector. A trusted national business that is distinguished for providing exceptional expertise and technical knowledge across all phases in the industry

We have consistently continued to deliver national class solutions with strategies that look to improve company assets, competitive position and increase long term business success. This success has been well proven having worked, and still continue to do so, with world renowned and respected global partners.

SERVICES Following are the services of Petro Gas in brief :

Maintenance of oil gas and gas wells and immersed pumps Maintenance of petroleum pipelines including filters, meters and surface pumps. Electromechanical installation and maintenance works related to oil and gas fields and

pipelines. Supply of materials and supplies related to petroleum and gas industries. Supply of spare parts and materials required for petroleum and gas industries. Consultant in both upstream and downstream Providing local Libyan engineers with wide and varied experience in their respective fields

PROFILE Mission Statement: To create a partnership synergy between the client and ourselves in order to minimize costs, gain entry to the Libyan market, and advise businesses on how to secure private & government contracts. Consultants: Our team of consultants has over 20 years of experience in Libya and the middle east (with private & Government companies). Their knowledge ranges and encompasses both upstream and downstream sectors. Our consultants are post graduates of American and European Universities specializing in the oil industry.

The industry as a whole took a back seat in 1980 when government reforms led to the nationalization of all private sector companies, curbing free private enterprise. The economy was further hit in 1992 by the UN sanctions. In the beginning of the year 1997, we took cover by temporarily extending our base to Abu Dhabi from where we oversaw our operations. Our Tripoli office maintained a low profile and acted as an information transit and follow-up center. We have an

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office in Benghazi too. The recent total lifting of embargo on Libya by the European Union & United States has prompted us to restake our claims in being a part of its economic development. The private sector in Libya presently coexists with the functioning public sector where it runs under a defined set of guidelines constituted by the government.

By the beginning of the year 2005, both U.S. and United Nations completely lifted their embargo on Libya. Most of the American oil companies have started their activities in Libya.

In addition to consultation, we also provide the following services:

Consultation in both upstream and downstream Providing local Libyan engineers with wide and varied experience in their respective fields Representing multinational companies

PROJECTS

Professional Technical Assistance Services

ClientProject Name / Contract #

Business Area Project Description

Mellitah Gas Co, Libya NC-118Professional Technical Assistance

Supply of Engineers 2ndQ - 4thQ 2010

Waha Oil Company PL-82Professional Technical Assistance

Supply of Engineers 4thQ 2009 - 1stQ 2011

Mellitah Gas Co, Libya HSE-545Professional Technical Assistance

Supply of HSEQ Specialists. 1stQ 2010 - 1stQ 2011

Waha Oil Company Major ProjectsProfessional Technical Assistance

Supply of Engineers 3thQ 2010 - 1stQ 2011

OCTG & Line Pipe Projects

Client Project Name/Job Ref. Business Area Project Description

Turkish Petrolum 10-OD/19Sales Management & Consultancy

Casing. 3rdQ 2010

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Akakus Oil Operations, Libya

P91194 , P91196 & P91218

Sales Management & Consultancy

Casing. 3rdQ 2010


P91197 & P91193Sales Management & Consultancy

Tubing. 3rdQ 2010


P91206Sales Management & Consultancy

Pup Joints. 3rdQ 2010

JSC Tatneft Libyan Branch

PO 353 & PO 354Sales Management & Consultancy

Casing & Tubing. 4thQ 2009

Turkish PetrolumPO 20/OD/10 , 09/OD/06 & 09/OD/07


Casing & Tubing. 4thQ 2009

Mabruk Oil OperationsCTN/169/2006/09/C17


Line Pipe. 3rdQ 2009

Turkish Petrolum 09/OD/04Sales Management & Consultancy

Casing & Tubing. 3rdQ 2009


P091192, P91193 , P91194 , P91196 , P91197 , P091200 , P91205 & P91218


Casing , Tubing & Pup Joints. 2ndQ 2009

Waha Oil Company PO 98704Sales Management & Consultancy

Casing. 2ndQ 2009


P81872 , P81879 & P81875


Casing. 1stQ 2009


P81768 & P81769Sales Management & Consultancy

Casing. 4thQ 2008

Consultancy & Commercial ManagementSupply of New Units


Greenstream BV, Libya Job Ref. 160.5949Sales Management & Consultancy

Supply of Units. 2ndQ 2010

China Petroleum Job Ref. 120.7984 Sales Supply of Units. 2ndQ 2009

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Pipeline, LibyaManagement & Consultancy

Greenstream BV, Libya Job Ref. C_1605949Sales Management & Consultancy

Supply of Units. 1stQ 2009

Greenstream BV, LibyaInvitation Ref. 1605949


Supply of Units (5th Compression train, turn key). 2ndQ 2008

ENI OIL LTD.Elephant Power Gen Job Ref. 1705653


Supply of power generation units (4xFr5/1 Long lead Items) for Elephant field. 4thQ 2007

ENI OIL LTD.Elephant Power Gen Job Ref. 1900480


Supply of power generation units (4xFr5/1 Long lead Items) for Elephant field. 3rdQ 2007

Consultancy & Commercial ManagementServices & Spare Parts


Azzawiya Oil Refining Co, Libya

Job Ref. C_82445022Services & Spare Parts

Supply of spare parts. 2ndQ 2010

Ras Lanuf Oil & Gas, Libya



Arabian Gulf Oil Co, Libya

Job Ref. C_5645573 & C_5645646

Services & Spare Parts


Mellitah Gas Co, LibyaJob Ref. C_5045316 & C_5646718



Waha Oil Company Job Ref. C_1735312Services & Spare Parts


Sirte Oil Company, Libya Job Ref.C_1446362Services & Spare Parts




Supply of spare parts. 1stQ 2010


Job Ref. C_5645563 , C_5645646 , C_5646908 , C_5645573 & C_5645583



Mellitah Gas Co, Libya

Job Ref. C_1242566 , C_5045603 , C_5646188 , C_5646024 & C_5644391



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Job Ref. C_1249922 , C_5645552 , C_8244938 & C_8245034



Mellitah Gas Co, Libya

Job Ref. C_1242566 , C_5045603 , C_5644391 , C_5646024 & C_5646188



Sirte Oil Company, Libya Job Ref. C_5646769Services & Spare Parts




Supply of spare parts. 4thQ 2009

Mellitah Gas Co, LibyaJob Ref. C_5644391 & C_5644941




Job Ref. C_504406 & C_5044794



Waha Oil CompanyJob Ref. C_5644397 & C_5644767




Job Ref. C_1242356 , C_8244755 , C_1242422 & C_8239230



Mellitah Gas Co, Libya Job Ref. C_5644391Services & Spare Parts

Supply of spare parts. 3rdQ 2009






Waha Oil CompanyJob Ref. C_1735313 & C_5644397 & C_5645013




Job Ref. C_1130784 , C_5140940 & C_8244554






Greenstream BV, LibyaJob Ref. C_2858034 , C_8243239 & 1605949


Supply of spare parts. 1stQ & 2ndQ 2009

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Mellitah Gas Co, Libya Job Ref. C_8243801Services & Spare Parts



Job Ref. C_5645066 & C_8244377






Waha Oil Company

Job Ref. C_5643965 , C_8244359 , C_5644329 , C_5644110 & C_5644050






Sirte Oil Company, LibyaJob Ref. C_1242177, C_1242242 & C_1446156







Job Ref. C_8239173 & C_8244359






Waha Oil CompanyJob Ref. C_1735309 & C_1735311







Mellitah Gas Co, LibyaJob Ref. C_5642693, C_5643353



Waha Oil Company

Job Ref. C_1735308 , C_1735310 , C_5643291 & C_5644050






Waha Oil CompanyJob Ref. C_5642494 , C_8243304 & C_8243855



Repsol Oil Operation, Invitation Ref. 70646 Services & Supply of spare parts. 1stQ 2008

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Libya & 70647 Spare Parts

Waha Oil Company Invitation Ref. 15126Services & Spare Parts


Waha Oil Company Job Ref. 2840786Services & Spare Parts


Repsol Oil Operation Job Ref. 2840786Services & Spare Parts


ABOUT LIBYA

Oil exploration in Libya began in 1955, with the key national Petroleum Law No. 25 enacted in April of that year (a new petroleum law is currently under development). Libya's first oil fields were discovered in 1959 (at Amal and Zelten -- now known as Nasser), and oil exports began in 1961. During 2004, Libyan oil production was estimated at nearly 1.6 million barrels per day (bbl/d), with consumption of 237,000 bbl/d and net exports of about 1.34 million bbl/d. The vast majority (more than 90%) of Libya's exports are sold to European countries like Italy (545,000 bbl/d in January-October 2004), Germany (274,000 bbl/d), France (94,000 bbl/d), Spain and Greece. In addition, Libyan oil exports to the United States reached 66,000 bbl/d in October 2004, after resuming in June 2004 for the first time in two decades.

Overall, Libya would like foreign Companies help to increase the country's oil production capacity from 1.60 million bbl/d at present to 2 million bbl/d by 2008-2010, and to 3 million bbl/d by 2015. In order to achieve this goal, and also to upgrade its oil infrastructure in general, Libya is seeking as much as $30 billion in foreign investment over that period. Libya is considered a highly attractive oil province due to its low cost of oil recovery (as low as $1 per barrel at some fields), the high quality of its oil,its proximity to European markets, and its well-developed infrastructure.

If Libya reaches 2 million bbl/d in oil production capacity, this would take the country back to a level it has not seen since the late 1970s. During that decade, Libya's revolutionary government imposed tough terms on producing companies, leading to a slide in oilfield investments and oil production -- from 3.3 million bbl/d in 1970 to 1.5 million bbl/d in 1975, before rising again to 2.1 million bbl/d in 1979. During the 1980s, Libyan oil production averaged around 1.2 million bbl/d, rising to around 1.4 million bbl/d in the 1990s. Libya's main oil export grades include Es Sider (36-37o API), El Sharara (44o API), Zueitina (42oAPI), Bu Attifel (41o API), Brega (40o API), Sirtica (40o

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API), Sarir (38o API), Amna (36o API), and ElBouri (26o API). Most Libyan oil is sold on a term basis, including to the country's Oilinvest marketing network in Europe; to companies like Agip, OMV, Repsol YPF, Tupras, CEPSA, and Total; and small volumes to Asian and South African companies. Libyan oil is generally light (high API gravity) and sweet (low sulfur), but also thick and waxy.

Reserves & Geology:

Currently, according to the Oil and Gas Journal, Libya has total proven oil reserves of 39 billion barrels. The country has 12 oil fields with reserves of 1 billion barrels or more each, and two others with reserves of 500 million-1 billion barrels. However, Libya remains "highly unexplored" according to Wood Mackenzie Consultants, and has "excellent" potential for more oil discoveries. In addition, despite years of oil production, only around 25% of Libya's area covered by agreements with oil companies. The under-exploration of Libya is due largely to sanctions and also to stringent fiscal terms imposed by Libya on foreign oil companies.

On January 30, 2005, Libya held its first round of oil and gas exploration leases since the United States ended most sanctions against the country. Known as EPSA 4, the round -- launched in August 2004 – offered 15 exploration areas for auction. Approximately 56 companies registered 104 bids, but in the end only a handful of companies actually won acreage in the intensely competitive bidding. In the end, acreage in 9 areas (5 onshore oil blocks and 4 offshore, gas-prone blocks) went to U.S.-based Occidental Petroleum, while Chevron Texaco and Amerada Hess won acreage in 1 block each. Other companies with winning bids included the Indian Oil Corp., Liwa (UAE), Oil Search Ltd. (Australia), Petrobras (Brazil), Sonatrach (Algeria), Verenex (Canada), and Woodside (Australia). Significantly, no European companies were awarded acreage in this round.

Specifically, an Occidental-Liwa consortium won onshore blocks 131 and 136 in the Murzuq basin, plus onshore blocks 106 and 124 in the Sirte area, and block 59 in the Cyrenaica area near the Egyptian border. Occidental also won offshore block 53 (Gulf of Sirte), with offshore blocks 35, 36 and 52 (all Gulf of Sirte) going to an Occidental/ Liwa/Woodside consortium. Sonatrach won onshore block 65 (Ghadames), with a Verenex-led group getting onshore block 47 (North Ghadames, near Tunisia). Petrobras won offshore block 18 (Gulf of Sirte), Indian Oil Corp. won block 86 (West Sirte), and Amerada Hess won offshore block 54 (Gulf of Sirte). It is believed that winning companies paid a high price for Libyan acreage -- reportedly on both signature bonuses and production shares -- highlighting the great degree of interest in the relatively underexplored country. Occidental, for instance, paid $25.6 million for Block 106 alone.

Refining & Marketing:

Libya has five domestic refineries, with a combined nameplate capacity of approximately 380,000 bbl/d, significantly higher than the volume of domestic

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oil consumption (227,000 bbl/d; the rest is exported). Libya's refineries include: 1) the Ras Lanuf export refinery, completed in 1984 and located on the Gulf of Sirte, with a crude oil refining capacity of 220,000 bbl/d; 2) the Az Zawiya refinery, completed in 1974 and located in northwestern Libya, with crude processing capacity of 120,000 bbl/d; 3) the Tobruk refinery, with crude capacity of 20,000 bbl/d; 4) Brega, the oldest refinery in Libya, located near Tobruk with crude capacity of 10,000 bbl/d; and 5) Sarir, a topping facility with 10,000 bbl/d of capacity. In May 2002, Libya signed a $280 millioncontract with South Korea's LG Petrochemicals to upgrade Az Zawiya. In addition, Ras Lanuf also is slated for upgrading, although that project appears to have been delayed.

Natural Gas:

Continued expansion of natural gas production remains a high priority for Libya for two main reasons. First, Libya has aimed -- with limited success -- to use natural gas instead of oil domestically (i.e., for power generation), freeing up more oil for export. Second, Libya has vast natural gas reserves and is looking to increase its gas exports, particularly to Europe. Libya's proven natural gas reserves as of January 1, 2005 were estimated at 52 Tcf by the Oil and Gas Journal, but the country's actual gas reserves are largely unexploited (and unexplored), and thought by Libyan experts to be considerably larger, possibly 70-100 Tcf. Major producing fields include Attahadi, Defa-Waha, Hatiba, Zelten, Sahl, and Assumud. To expand its gas production, marketing, and distribution, Libya is looking to foreign participation and investment. In recent years large new discoveries have been made in the Ghadames and el-Bouri fields, as well as in the Sirte basin. Libya also produces a small amount of liquefied petroleum gas (LPG), most of which is consumed by domestic refineries.

Yet another proposal is to build a nearly 900-mile pipeline from North Africa to southern Europe. Such a pipeline could transport natural gas from Egypt, Libya, Tunisia and Algeria, via Morocco and into Spain (a pipeline between Morocco and Spain already exists). Also, Tunisia and Libya agreed in May 1997 to set up a joint venture which will build a natural gas pipeline from the Mellita area in Libya to the southern Tunisian city and industrial zone of Gabes. In late 1998, Tunisia and Libya signed an agreement for around 70 Bcf of gas per year to be delivered from Libyan gas fields to Cap Bon, Tunisia, and in October 2003 the two countries set up a joint venture gas company to build the pipeline. Completion by 2005 is anticipated. In 1971, Libya became the second country in the world (after Algeria in 1964) to export liquefied natural gas (LNG). Since then, Libya's LNG exports have generally languished, largely due to technical limitations which do not allow Libya to extract LPG from the LNG, thereby forcing the buyer to do so. Libya's LNG plant, at Marsa El Brega, was built in the late 1960s by Esso and has a nominal capacity of about 125 Bcf per year. However, US sanctions prevented Libya from obtaining needed equipment to separate out liquefied petroleum gas (LPG) from the natural gas, thereby limiting the plant's output to about 15% of nameplate capacity, all of which is exported to Spain.

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