Project Owner: Aramco Gulf Operations Company Limited (“AGOC”) and Kuwait Gulf Oil Company Ltd.

Location: Al-Khafji, KSA

Business Unit: CRES

Scope of Work: Aramco Gulf Operations Company Limited (“AGOC”) and Kuwait Gulf Oil Company Ltd. (“KGOC”), jointly operating at and from Al-Khafji, Saudi Arabia, for oil and gas exploration, development and production in the offshore area of the divided ex-Neutral Zone between Saudi Arabia and Kuwait (“Al-Khafji Joint Operations”). Following to this project CRES is working as a part of JV on long term agreement of 15 years & expected to be extended to supply all required recourses (Supervision, Manpower, materials & equipment) of blasting & painting activity including scaffolding scope to repair the platforms in offshore area. The contract’s value is 225,000,000 SAR.