Main Update Highlights from entire month of June, 2013

• PDO signs $40m Deal with Local Contractor Al Baraka Oilfield Services.

• Oman invites bids for electrical substation contract ‐ Work will involve building 220kV substation

in the northeastern town of Izki.

• Petrofac wins Oman operations and maintenance contract ‐ Contractor to manage commission

of two new production assets for Oman Oil Company.

• OOC forms JV for mega crude storage facility ‐ Oman Oil Company and its subsidiary Takamul
  Investment Company have formed a joint venture firm. Oman Tank Terminal Company (OTTCO) ‐ to
  build, own and operate upto 200 million barrel oil terminal, which is going to be the largest crude
  storage terminal in the Middle East region.
• Terminal expansion project at Sohar ‐ Agreement signed to develop a new 70‐hectare container
  terminal. Marking an important milestone for the further recognition as cargo gateway for Oman and
  the GCC, Port of Sohar signed a development agreement with Hutchinson Whampoa, an internationally
  reputed independent container terminal operator, for establishing a new 70 hectares container terminal
  for Oman International Container Terminal.
• Khazzan gas project moves forward ‐ BP agrees a retail gas price with the Muscat government
  for the scheme.
• Developer agrees partial share of Sohar Power Company ‐ GDF Suez still maintains majority
  share in independent water and power project.