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CREDOIL SPRL CREDOIL’S CURRICULUM VITAE IN THE LIGHT OF 2025 VISION PAGE 1 OF 12 DOC NO. CREDO-EDNGC-FIN-16-00 1 “Hopping to be of Service, We Remain” CREDOIL SPRL Woluwe-Saint-Pierre, Rue kelle 100, 1150 Brussels, Belgium Tel: +32-472-261574 Website : www.credoil.be E-mail : [email protected]

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CREDOIL SPRL CREDOIL’S CURRICULUM VITAE IN THE

LIGHT OF 2025 VISION PAGE 1 OF 12

DOC NO. CREDO-EDNGC-FIN-16-00

1

“Hopping to be of Service, We Remain”

CREDOIL SPRL Woluwe-Saint-Pierre, Rue kelle 100, 1150 Brussels, Belgium Tel: +32-472-261574

Website : www.credoil.be

E-mail : [email protected]

CREDOIL SPRL CREDOIL’S CURRICULUM VITAE IN THE

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DOC NO. CREDO-EDNGC-FIN-16-00

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About us

Who We Are: CREDOIL SPRL (CREDOIL) is an engineering, procurement, construction,

and project management company with nearly 5 years (including personal) of experience in

the design and development of industrial projects particularly in the oil, gas and

petrochemical Fields.

We are a privately owned company, with over 5 qualified technical and support personnel,

specialized in the engineering, procurement and construction management/supervision of

advanced oil, gas and petrochemical Projects.

We have earned our reputation over decades of high quality work and safe & on time delivery

of more than 10 projects.

What We Do: We provide complete consultancy and technical services for the development

of industrial projects particularly in the oil, gas and petrochemical fields.

Our services extend to every aspect of such projects, from the initial concept of feasibility

studies to the provision of Know-How and License, Basic Design, Front-End and Detail

Engineering, followed by procurement, supply services, construction supervision and

management.

In the past years we have made major contributions to the development of energy industries

around the world at various capacities of consultant, EPC contractor and/or project manager.

Added to above, we commited to engage in, suppling all kinds of commodities and

description such as but not limited to oil, gas, chemical and petrochemical products,

and raw materials.

We are seeking new business developments to strengthen our global presence and

successfully expand trade activities.

Eventually, by improving our quantitative and qualitative facilities and services,

CREDOIL endeavors to fulfill its customers’ requirements thoroughly.

History

From past up to present: The ascent of CREDOIL SPRL (CREDOIL) from a compact

engineering firm to a leading EPC contractor is best described through CREDOIL SPRL

(CREDOIL)’s founder, Mrs. M. Bam, chairman emeritus:

In 2011 Mrs. Bam and a group of close associates founded IBS in Germany, which very soon

made its mark as a dynamic and reliable consulting firm, later moved her activities to

CREDOIL SPRL (CREDOIL).

For nearly 2 years Mrs. Bam has presided over CREDOIL SPRL (CREDOIL)'s growth,

during periods of intense hardship and fundamental changes in the business and the market.

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She has shaped CREDOIL SPRL (CREDOIL) into a world class industrial EPC contractor

with his wisdom, prudent leadership, and fiscal savvy.

Mrs. Bam is, as always, the source of inspiration and the leader in CREDOIL SPRL

(CREDOIL)’s quest for excellence.

Mission

MISSION MANIFESTO

CREDOIL WITH THE AIM OF CUSTOMERS SATISFACTION

PROVIDING

HIGH QUALITY SERVICES & PRODUCTS AT A

COMPETITIVE PRICE, TIMELY DELIVERY

BY PROVIDING BEST SERVICES TO THE TARGET MARKETS.

ENDEAVOR CREATIVITY EXCELLENCE

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Policy

CREDOIL SPRL (CREDOIL) was stablished we commited to engage in, suppling

all kinds of commodities and description such as but not limited to oil, gas, chemical

and petrochemical products, and raw materials., and providing complete consultancy

and technical services for the development of strategic industrial projects particularly

in the oil, gas and petrochemical fields; however CREDOIL SPRL (CREDOIL) has

committed itself to observe all requirements, national and international laws and

regulations, prevent environment pollution; monitor its personnel safety and health;

restrain job harms and injuries; enhance the company efficiency and effectiveness;

and perform continuous evaluation and improvement in the company. CREDOIL

SPRL (CREDOIL) has also chosen Integrated Management System (IMS) on the

basis of ISO9001:2000, OHSAS18001:2007 and ISO14001:2004 standards to

materialize all the above mentioned goals.

into consideration the following executive policies:

Effective relationship with other organizations to protect environment, and taking care

of health, safety and life quality on the part of the personnel active in manufacturing

concern and various agencies;

Implementation of HSE effective management system, and development of the system

on the basis of the slogan which reads “accidents should be prevented before they

happen”.

Minimization of any undesirable consequences in the company concerning HSE

fields through continuous evaluation and improvement;

Making decisions on having access to sustainable development through carrying out

continuous training, consulting, internal and external audit programs;

Making efforts to protect and safeguard the protected region located in our project’s

territories while stressing the importance of the ecology, and the biological sensitivity

of this habitat, and making the personnel aware of them through providing

information and continuous training.

Mrs. M. Bam

Chief Executive Officer

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Organization Chart

The philosophy of cooperation in thinking, planning, designing, and solving problems has

become a part of our organization culture. Teamwork and collaborative capabilities are

recognized and rewarded in our evaluation systems.

The empowerment of our employees through involvement, improvement, and teambuilding

has been the key to our successful organization which stands out in our profession.

The quality and standard of the services performed by CREDOIL have always been of prime

importance to the company. To that effect, quality of the engineering work is constantly

supervised and monitored by highly-qualified experts in all CREDOIL departments.

Continuous working relationships with various clients, variety of services, and the number of

projects engineered in different fields, over the past 5 years, all attest to the experience and

familiarity of CREDOIL specialists with the latest standards, procedures and good

engineering practices in the field of industrial projects.

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Services range

CREDOIL SPRL (CREDOIL) provides its full spectrum of services in the following major

fields:

- Petrochemical & Chemical Complexes

- Oil & Gas Process Facilities

o Oil Refineries

o Gas Treatment Plant & Gathering System

- Oil & Gas Field Developments (Surface Facilities)

- Upstream On-Shore Facilities

- Transportation & Pipeline Systems

- Gas & Water Injection Systems

- Infrastructures

o Electric Power Generation & Distribution

o Plant Utilities

o Terminals & Storages

o Water Treatment & Desalination Systems

o Waste Water Treatment

- General Industrial Developments

Services and Experience

Our vast experience, gained over the decades, affords us the capability to provide a full

spectrum of services in all phases of industrial development projects – as a single source

consultant/contractor or in collaboration capacity with other organizations.

PROJECT DEVELOPMENT

- Market Study

- Profitability Analysis

- Technical & Economical Assessment

- Financing Appraisals

- Conceptual and Feasibility Studies

PROJECT SERVICES

- Contract Services

- Financing Assistance

- Risk Management

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- Management Consultancy (MC)

- Project Management

- Project Planning, Scheduling & Cost Control

- Provision of Know-How & License

- Conceptual & Basic Design

- Front-End Engineering Design (FEED)

- Detail Design & Engineering

- Procurement & Material Supply

- Expediting & Inspection

- Construction (via Sub-Contractors)

- Construction Management & Site Supervision

- Commissioning & Start-Up

Products Supply Abbility

Our vast ability, gained over the past years expernces during our engagement with Oil & Gas

fields, affords us the capability to supply a full range of products in abroad range of Oil, Gas

and Petrochemical industries – as a semi-uinq source or in collaboration capacity with other

corporations:

Abroad Range of Products:

Aromatics

Polymers

Chemicals

Fertilizers

Liquid Gas and Feedstock

Aromatics are types of hydrocarbons derived from petroleum, characterized by one or more

six-carbon rings (benzene rings) molecular structure and 'sweet' or aromatic odor.

Benzene, toluene, and xylenes are the most common aromatics, and are extensively used in

the chemical industry as chemical feedstocks, solvents, and as additives to gasoline to raise

its octane rating.

- Benzene

- Ortho-Xylene

- Para Xylene

- Mixed-Xylene

- Toluene

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Polymers

Polymers are substances containing a large number of smaller, identical molecules (called

monomers) linked together. These substances often form into a chain-like structure. Polymers

have extremely high molecular weights and the chains may differ from one another in their

molecular weights.

Today, the polymer industry has grown to be larger than the aluminum, copper and steel

industries combined.

Polymers already have a wide range of applications that far exceeds that of any other class of

material available. Current applications extend from adhesives, coatings, foams, and

packaging materials to textile and industrial fibers, composites, electronic devices,

biomedical devices, optical devices, and precursors for many newly developed high-tech

ceramics.

- Polyethylene (PE)

o High Density Polyethylene (HDPE)

o Low Density Polyethylene (LDPE)

o Linear Low Density Polyethylene (LLDPE)

- Polypropylene

o HomoPolymers

o Random Copolymers

o Heterophasic Copolymers

- PVC AND PET

o Polyvinyl Chloride

o Polyethylene Terephthalate (Bottle Grade PET)

o Polyethylene Terephthalate (Textile Grade PET)

- Polystyrene (PS)

o High Impact Polystyrene (HIPS)

o General Purpose Polystyrene (GPPS)

o Expandable Polystyrene (EPS)

o Crystal Melamine

o Epoxy Resins

Chemicals

Chemicals are substances formed by chemical union of two or more elements or ingredients

in definite proportion by weight. They are produced by or used in a reaction involving

changes in atoms or molecules.

Generally, "chemicals" refers to a much wider class of substances that includes many

mixtures of chemical substances that often find application in many vocations.

There are two major types of chemicals:

o Acrylonitryle Butadiene Styrene (ABS)

o Styrene Butadiene Rubber (SBR)

o Polycarbonate

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Inorganic Chemicals are compounds that do not contain hydrocarbon groups.

Organic Chemicals are compounds containing hydrocarbon groups.

Chemicals are used to make a wide variety of consumer goods, as well as thousands inputs to

agriculture, manufacturing, construction, and service industries.

- Methanol

- Di Ethylene Glycol (DEG)

- Mono Ethylene Glycol (MEG)

- Linear Alkyl Benzene (LAB)

- HAB

- Crystal Melamine

- Epoxy Resins

- Acetic Acid

- TDI

- Soda Ash

- Sodium Bicarbonate

- Sodium Hypochlorite

- Chlorine

- Tri Ethylene Glycol (TEG)

- Sodium Carbonate Heavy

- Sodium Carbonate Light

- Caustic Soda

- Nitrogen

- Nitric Acid

- Hydrogen Chloride

- MTBE

- Ethyl Benzene

- Vinyl Chloride Monomer (VCM)

- Hexane

- Argone

Fertilizers

Fertilizers are a large number of organic and synthetic materials, spread on or worked into

soil to increase its capacity to support plant growth. Fertilizers are divided into two broad

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groups: organic and inorganic, or chemical. Organic fertilizers are derived from living plants

or animal sources. Chemical fertilizers are usually manufactured and have the advantage of

low cost. The commonly used synthetic fertilizers consist almost entirely of nitrogen,

potassium and phosphorus in forms that are readily utilized by plants.

- Anhydrous Liquid Ammonia

- Granular Sulphur

- Urea

- Ammonium Sulphate

- Explosive Ammonium Nitrate

- Ammonia Sulphate

- Agricalture Ammonium Nitrate

- Di Ammonium Phosphate (DAP)

Liquid Gas and Feedstock

Liquefied gases and feedstocks are substances used especially as fuels or as raw materials

supplied to processing plant for chemical synthesis. Some hydrocarbons such as ethylene, 1,

3-butadiene, propane and butane are classified in this category.

- Propane

- Heavy End

- Butane

- Ethylene

- Pentane Plus (C5+)

- Raffinate (C6-Non Aromatic)

- Dry Pyrolysis Gasoline (DPG)

- 1,3 Butadiene

- C4-Raffinate

- Butene - 1

- LPG

- C4 CUT

- Propylene

- Polypropylene - PI 080

- Raffinate

- C6- Non Aromatic

- Ethane

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- Ethylene Dichloride

- Fuel Oil

- Propylene (Polymer Grade)

- Light End

International Cooperation

To keep up with the pace of technology, and for effective utilization of specific know-hows

in implementation of projects, CREDOIL has associated itself with a number of reputable

international companies.

CREDOIL's extensive experience in cooperation with international engineering firms for the

implementation of projects in Middle East, has been either through joint venture agreements

or on subcontracting basis.

The international companies CREDOIL has cooperated with, either at the bidding or

execution phase of various projects, include:

1- B & A GLOBAL ENERGY INC., established under the state laws of U.S.A having its

principal office at 1401 South Denver Street, Tulsa, OK 74119, U.S.A., Manufacturer and

Licencor of Flar Gas Recovery Package (Zero Flaring).

2- INSPIRED BUSINESS SOLUTIONS (IBS) Unternehmensberatungsgesellschaft mbH,

CREDOIL’s sister company, established under the state laws of Federation of Germany

having its principal office at Kranhaus 1, Im Zollhafen 18 50678 Cologne, Germany,

registered number HRB 72411

3- Mavitronics FZEINSPIRED, CREDOIL’s sister company, established in Hamriyah Free

Zone of UAE having its principal office at Po.Box. 52722 Office No. 117G-18, Hamriyah

Free Zone,Sharjah, United Arab Emirates

References

We are currently providing a procurement service to some wellstablished and biggest entities

across Oil and Gas industry, and even engaged with supplying some of critical Oil, Gas and

Petrochemical products for famous corporation around the world; however we couldn’t

disclosure their specifications as our confidentiality policies.

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CREDOIL SPRL Woluwe-Saint-Pierre, Rue kelle 100, 1150 Brussels, Belgium Tel: +32-472-261574

Website : www.credoil.be E-mail : [email protected]