1st General Operation Meeting for PetroServices Operation/Branch Managers

PetroServices held the 01ST General Operation Meeting – GOM in Cairo Office between 26-30 November 2008 to discuss professionally the production and operations plan for 2009 with all branch managers who working under PetroServices logo.

PetroServices GmbH participated in OGT 2008 in Turkmenistan

PetroServices GmbH participated in the 13th Turkmenistan International Oil Oil & Gas Conference which took place in Ashgabat Exhibition Palace Ashgabat Turkmenistan between 19-21 November 2008.

PetroServices GmbH –Egypt Branch- signed a new contract

In October 1 2008 PetroServices GmbH signed a new contract with ElPaso Egypt Production Company as well as effective from November 2008 there will be two Units in operation with ElPaso & PetroSA Egypt (pty) Ltd.

Provision of Data Transmission Service for TWO Clients

In September 15 2008 PetroServices GmbH offered a Data Transmission Service for TWO clients INA- NAFTAPLIN & East Zeit Petroleum Company (ZEITCO) with an excellent and a high performance way.

PetroServices awarded two contracts in different services

In August 18 2008 PetroServices GmbH signed a new contract with Hunt Oman (Block 51) Exploration Company onshore drilling program in the Adam/Sanaw area of Sultanate of Oman. In August 11 2008 PetroServices Drilling Engineering (PSDE) signed a contract with NaftoGaz of Ukraine Egypt Branch for Mud Services in Western Desert Location.

PetroServices participated in NEFTEGAZ 2008 in Russia

PetroServices GmbH participated in the 12th International Oil & Gas Exhibition which took place in Moscow between 23-27 June 2008 and the event was a great success where many people from different countries visited our booth.

Two PetroServices operations in the Sultanate of Oman

With the collaboration of PetroServices agent in Oman Riyam Engineering & Services L.L.C we have two new operations running in Oman. The first is within a contract with PTTEP OMAN COMPANY Ltd signed on May 1 2008. Another farm-out contract from OILEX OMAN LIMITED CO was signed with TETHYS OIL AB.