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| Seeking founding of the company to achieve the following purposes |
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Buying and selling and leasing, rental and operation of oil tankers of all kinds, including the transfer of gas and oil and its derivatives. |
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Movables and real estate owned for activities directly in the permissible limits in accordance with the law. |
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Operations and methods to transport gas, crude oil and its derivatives. |
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Exploration for oil and gas. |
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Do studies and consultation purposes in the area of the company. |
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To build crude oil refineries. |
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Use of financial surpluses available to the company through its investment in the Governor financial administered by the companies and specialized bodies. |
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Explorations. |
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Investment in petroleum products |
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The implementation of these purposes is subject to the volume of capital and the approval of domestic and international law to be implemented |
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| Elements Of The Company's Success |
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The oil and gas will remain the long term the main source of energy in the world will be indispensable in public life where the reserves on the world level equivalent to 3.3 trillion barrels. |
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They commodity most moneyed and save energy for the production of various types such as electricity and fuel for vehicles, aircraft, etc. .. These elements can be indispensable rights in any moment of his life. |
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They key article, the strategy adopted by the economics and policies of the industrialized countries and developing countries. |
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The sharp decrease in oil refineries in contradiction number in America alone from 490 to 149 only refinery, and the subsequent demand for its effective role in the volume of demand and price appreciation in the market is fertile ground for investment world needs. |
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The size of the huge investments that have been adopted by the oil producing countries or natural gas to develop and upgrade production, infrastructure development and ports to receive supertankers. |
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Alliances and the contracts concluded between the number of producing countries and international companies specialized in the management and exploration of oil and natural gas. |
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The increasing demand for oil and liquefied natural gas throughout the world, which is not confined to certain countries as it was before, with the opening of new markets in the world has increased the demand for energy elements. |
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The apparent lack of the means of maritime transport, particularly in the field of liquefied natural gas in that the more demand for oil and gas increases the demand for the means of transport. |
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| The Company's Operations |
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The goal will be the company's management in identifying strategies is the shipping sector of oil and gas primarily especially with non-members of OPEC, for the following reasons : |
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Flexible decision making in determining prices and transportation. |
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Geographical proximity between the production and import States. |
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Failure to comply with these states production limits imposed by OPEC, which makes them unable to meet orders in global markets. |
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Rare tankers to these countries, thus requiring continuous basis points to specialized shipping to help them fulfill their obligations. |
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The size of most of these States reserves of oil and natural gas, thus helping to meet the requisitions required amounts. |
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The size of the markets and customers in these countries is encouraged to deal with them. |
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| Principles Work Co. |
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The company's board is seeking to set controls and regulations, administrative and financial work include : |
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Full commitment to marine laws, as well as the domestic laws of each State to be dealt with. |
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Full commitment to the principles, ethics and professional integrity in the areas of employment. |
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Full compliance with regulations, administrative and operational decisions issued by the departments concerned and approved by the Governing Council. |
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Full commitment to financial regulations and the powers and responsibilities to business contracts and keeping the property of the company. |
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The application of administrative controls at all administrative levels and good distribution of work and powers to reach the highest degree of functionality. |
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Compliance and respect for others and those which are dealt with in terms of time and quality and good handling. |
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