Trusted Worldwide

Trusted worlwide
Multinational
MB Holding Company is a true multinational.

The Group employs over 4000 employees, spread across 4 continents covering the Middle East, Europe,
Africa, South Asia and Australia.

From global operations and assets in oilfield & drilling services, oil & gas exploration & production, mining
& minerals, oilfied, marine & defence engineering & manufacturing, to broad-ranging investments in
diverse capital markets, the Group continues to build on its immense 30-year legacy.

Multicultural
MB Holding Company celebrates its multicultural identity.

The Group comprises professionals of 54 nationalities employed across more than 20 countries. Despite
this rich diversity, majority of staff in the MB family are from local communities in the area of operation.

The MB Group’s global people development strategy focuses on recruiting the right local talent, fostering
a culture of excellence, and nurturing a new generation of leaders.

Multidimensional
MB Holding Company believes in a purpose beyond business.

The Group has a comprehensive Health, Safety and Environment (HSE) Policy, community outreach and
many corporate citizenship initiatives to ensure that the company’s impact on the local community is
always positive.

MB Holding has a well-planned approach to Corporate Social Responsibility (CSR). In meeting its immediate
commitment to local communities, the Group makes substantial investments to share the benefits of
economic development; and as a sign of its commitment to future generations. The Group also works
proactively to conserve resources and protect the local ecology.

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 INDEX
More than 30 Years of Experience, Our Vision, Mission & Core Values: 06-07

World-class Worldwide 08-09

Building a Multinational Entity, Diversified Investments 10-11

Petrogas E&P 12-15

MBPS 16-19

Gulf Drilling 20-21

Mawarid 22-23

Nautilus Minerals, Namibian Marine Phosphate (PTY) Ltd. 24-25

United Engineering Services (UES) 26-29

Koller 30-31

Hyspec 32-33

Nurturing a Multicultural Identity 34-35

HR MB Group 36-37

Corporate Social Respnsibility (CSR) 38-41

Key Pesonnel 42-45

Contact us 46-47

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 MORE THAN

30 YEARS OF
EXPERIENCE
OUR VISION
By 2025 we will have a diverse global portfolio of sustainable businesses and new
ventures that will have achieved a ten-fold increase in revenues compared with 2015
level. We will be a globally recognized brand known for its quality and excellence.

ESTABLISHING TRUSTED OUR MISSION

PARTNERSHIP GLOBALLY
MB Group will maximize its stakeholders value through managing a selective, sustainable,
The MB Holding Group has diligently strived to deliver excellence and demonstrated the profitable and high-value business portfolio of operating companies and new business
highest degree of integrity in all spheres of its operation. ventures.

For over 3 decades, the company has built an enviable reputation for reliability, innovation
and an unwavering commitment to customers’ success. This approach has led to consistent
OUR CORE VALUES
support from existing and new customers as the company expanded, both operationally
• Profitability and growth.
and geographically.
• Operational excellence.
• Respect stakeholders value and priorities.

Today, the MB Group has built a strong global base of specialised expertise, world-class
assets and loyal customers in oilfield & drilling services, oil & gas exploration and production,
oilfield, marine & defence engineering, trading and manufacturing, mining & minerals and
investments.

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 World-Class
UK
GERMANY
THE NETHERLANDS
POLAND
Worldwide
MONACO
HUNGARY MB Holding Company LLC is based in Muscat, in the
Sultanate of Oman, with a strong global footprint in
the oil & gas, engineering, manufacturing, mining and
TURKEY
investment sectors. In each arena of operation, the
MB brand has become a representative of world-class
standards, people and assets.
IRAQ

The MB Holding Group has operations in more than

BAHRAIN
EGYPT
20 countries worldwide – spanning the Middle East,
UAE Europe, Africa, South Asia and Australia.
KSA
INDIA
OMAN
Besides the geographical range, the MB Group also
boasts best-of-breed professionals and specialists in
their respective fields. The Group employs over 4000
employees from 54 nationalities delivering significant
value and success for customers across 4 continents.
SOMALILAND

MALAYSIA

RWANDA

TANZANIA PAPUA NEW GUINEA

AUSTRALIA
NAMIBIA

SOUTH AFRICA

8
9

7
 MB HOLDING COMPANY LLC
MB HOLDING COMPANY LLC, Oman

ENGINEERING MANUFACTURING & TRADING OIL FIELD SERVICES EXPLORATION & PRODUCTION MINING & MINERALS INVESTMENTS

100% 100% 100% 100%

33% Risk Management Services LLC,
United Engineering Services LLC, Oman MB Petroleum Services LLC, Oman Petrogas E&P LLC Oman Mawarid Mining LLC, Oman
Oman

100% 100% Oman Operations - Workover, Production 100% Mazoon Petrogas SAOC, Oman - 50% in 100% 12% Al Madina Investments Co.
Hyspec Engineering Ltd, UK Mawarid Mining Tanzania Limited
Services, Drilling Fluids Block 5 Oman SAOG, Oman

100% Koller Maschinen und Anlagenbau GmBH, 100% 50% Daleel Petroleum Company 50% 26% Al Madian Takaful Company
Gulf Drilling LLC, Oman Mawarid Mining Co. Limited, KSA
Germany LLC, Oman SAOG, Oman

63% 100% MB Petroleum Services Company Ltd., 100% Petrogas Rima LLC, Oman - 75% in Rima 100% 100% MB Informatics Private Ltd.,
Protection Group International Ltd., UK Mawarid Offshore Mining Ltd., BVI
Saudi Satellite Small Fields India

100% 100% Bahrain Branch 100% Petrogas Kahil LLC, Oman - 100% Block 27% 100%
UES International Sdn. Bhd., Malaysia Nautilus Minerals Inc. Synapse LLC, Oman
(Workover) 55

46% 100% 100% Petrogas (Gibraltar) Ltd. - 40% of Block 85%

Smith International (Oman) LLC MBPS Worldwide DMCC, Dubai Mawarid Mining Rwanda Limited
SL 18 (Somaliland)

30% 100% 100% Petrogas International E&P Cooperatief 100%

SC Tubular Solutions Oman LLC MB Well Services GmBH, Germany Tri Metals Mining (Rwanda) Ltd.
U.A, Netherland

10% 100% 100% 100%

Cameron Services Middle East LLC, Oman MB Drilling Overseas Ltd, Cyprus Petrogas E&P Netherland BV UCL Resources Pty Ltd., Australia
42.50%
Namibia Marine Phosphate Pty Ltd.,
100% 100% Namibia
MB Hungry Operations Petrogas E&P Mozambiq BV
100% Mawarid Mining (Mauritius) Pty 42.50%
Ltd.
100%
Petrogas E&P UK LTD

100%
Petrogas North Sea LTD

100%
Petrogas Denmark ApS

30% Kuwait Energy Company JV - Egypt

Concession Area A

Building a
Multinational DIVERSIFIED INVESTMENTS

Entity The MB Group of companies encompasses broad-ranging and diverse interests in oil & gas, oilfield
services, marine & defence engineering and manufacturing, mining & mineral exploration, trading,
Established in 1982, the MB Group quickly emerged as one of the fastest growing and largest players in and investment sectors.

the oilfield services sector in the Middle East, eventually, expanding its credentials to over 20 countries
MB Holding Company also manages a broad investment portfolio. It includes equity funds, hedge
across 4 continents.
funds, structured products and other money market instruments in international markets.

The company’s phenomenal growth is widely attributed to:

MB Overseas Ltd. BVI is a special purpose entity that manages investments in international markets
• The company’s strong business ethics and integrity. like the GCC region, India, Japan, USA, and Brazil.
• Consistent focus on operational excellence.
• Passionate commitment to high HSE standards.
• Enthusiastic support of delighted clients.
• Eagerness to share success with the community at large.

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 Petrogas E&P LLC is the holding company for MB Holding’s oil & gas exploration and production interests
locally and internationally. The company began in 1999 when Petrogas was awarded Block 7 in Oman
containing the mature Sahmah field and the marginally productive fields of Ramlat and Rija. As an Operator,
Petrogas, managed to arrest production decline and kept the block producing safely and efficiently for the
concession license period. The Block license expired in 2015 and was extended until 2016, facilitating a
smooth handover to the new Operator.

Further success came in 2001 with the award of Block 5 in Oman and the 50/50 partnership with China
National Petroleum Corporation in the operating company Daleel Petroleum. Daleel’s production climbed
steadily from 4,500 bopd in 2002 to reaching 50,000 bopd, by 2016. Daleel’s technical and support
departments work harmoniously together in setting plans of action, leaving no stone unturned. Such
strategy culminated in continuous efforts on subsurface and facilities debottlenecking and expansion, armed
with a mandate to grow efficiently, through targeted exploration and appraisal activities. In addition, the
strategy ensured focused well and reservoir management deploying appropriate and justifiable technologies
including EOR.

Further producing assets were acquired in 2007 in Egypt, where Petrogas farmed in for a 30% interest in
mature producing assets on the west side of the Gulf of Suez (Area A). The Asset is under a Service Agreement
with the General Petroleum Company operated by Kuwait Energy Company having 70% interest. Success
followed in 2008 with the exploration discovery of the Shukeir Northwest field. This has allowed production
to increase and be sustained above 6,000 bopd ever since.

In 2008, Petrogas was awarded a Service Agreement with Petroleum Development Oman (PDO) to operate
the Rima Cluster of Small Fields in Oman (75% working interest).

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 In 2013, Petrogas was awarded Block 55 concession Petrogas Europe was established in 2014 in the
At the time of handover, there were 9 producing fields, discovered and developed in the 1980s, and 9
in Oman and made a farm-in agreement in Block Netherlands when Petrogas acquired Chevron
undeveloped single-well discoveries. Five of the latter have now been brought on-stream. There were 20
SL-18, Somaliland with DNO. Then in March 2016, Exploration and Production Netherlands
active wells in August 2008 producing 2,200 bopd, and in 2016 Petrogas was operating more than 250 active
Petrogas was officially approved as a 40% equity B.V. (CEPN), including its subsidiary Chevron
wells. 2000 km2 of new 3D seismic data was acquired in 2012. Production, based on drilling with one rig only,
partner in Mozambique, Area A exploration license Transportation B.V. (CT) later renamed as
peaked at 14,300 bopd in Q1 2012 then stabilized at 10,000 to 13,000 bopd levels since then, as the focus
with Sasol. Petrogas E&P Netherlands B.V. (PEPN) and
on well delivery continues.
Petrogas Transportation B.V. (PT).. PEPN gross
/ working interest of average daily production
in 2016 was 20,900 /8,600 boepd from
the existing fields. Just after a year, Petrogas
significantly achieved a great milestone, as it
safely installed its first platform in the North Sea
and successfully drilled 3 wells, resulting in the
first gas being produced in December 2015.

As part of the plan to grow our resource base

in the North Sea, Petrogas has signed a Sales
Purchase Agreement (SPA) with PA Resources
AB to acquire some of its subsidiaries holding
a number of exploration and potential
developmental interests in Denmark, The
Netherlands, UK and Germany.

Petrogas’ New Ventures Team continues to

evaluate opportunities to grow the company
still further in key focus areas of the Middle East,
Europe, North and East Africa, and Asia. It also
seeks opportunities where synergies between
Petrogas’ upstream skills and those of sister
companies of the MB Group can be realized.

Over a decade the company has grown its oil

production from a few thousand bopd to more
than 80,000 bopd gross, and its staff from a
handful to more than 300, including Europe, of
whom almost 93% are locals.

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 WIRELINE SERVICES
Since 1995, MBPS has been providing Wireline Units and Services for oil & gas E&P companies. These
units are fully equipped to provide services like memory production logging tools, data acquisition and
zone changing. Wireline comes as a 0.108 and 0.125 inch standard size that can be changed to any other
MB Petroleum Services LLC truly provides a “One-Stop-Shop” for oilfield services in the Middle East. Its services standard size to meet the requirements of ‘downhole’ conditions.
include: Workover services, Well testing, Drilling fluids and Mud Engineering Services, Mud logging, Wireline/
Slickline Services, Coiled Tubing and Stimulation Services, Nitrogen Services, Non Corrosive Pumping Services,
and Completion Services. By being a multi-services provider, MBPS is uniquely placed along the oilfield services
value chain through its in-house capabilities. Depending on the client’s requirements, MBPS has been providing
services on a stand-alone basis or as an integrated package of services, taking full responsibility for the field
throughout its life cycle.

To ensure the intergity of the equipment, support oilfield operations and maintain the quality of assets, MBPS
has invested in establishing large workshops, attached to its operations in Middle East, Europe, North Africa,
Asia, Asia-Pacific, Australia and New Zealand.

Major Clients include, Petroleum Development Oman (PDO), Saudi Aramco, Qatar Petroleum (QP), Occidental
Oman, Daleel Petroleum LLC, BP Exploration (Epsilon) Limited, BP Exploration Operating Company Limited,
Jordan, Petrogas LLC, Petrogas Rima, Oman Oil E&P, PTTEP Oman, Tatweer Petroleum, Bahrain, Oil and Natural
Gas Corporation, India, SASOL, Canadian Nexen and many more.

WORK-OVER & WIRELINE SERVICES - MEMORY PRODUCTION LOGGING

WELL-SERVICES OPERATIONS
Since 1992, MBPS has built its reputation as one of
the leading work-over and well services provider as
well as well intervention contractors in the Middle
East. As a recognised lead contractor for integrated
oil well maintenance services, MBPS has successfully
tackled several highly demanding and technically
challenging client operations.
Services include standard and complex well
maintenance activities, ranging from beam pump
replacements on artificially lifted wells to multi-zone
isolations and re-completions in both vertical and
horizontal well bores.
MBPS has expanded its workover client-base
through short and long term contracts with
multinational and regional oil majors.
MBPS offers Production/Injection Profiles, Leak Detection Logs, Gas Lift Surveys, and a variety of other
diagnostic procedures that can provide E-line (Electrical line) quality logs at very cost effective prices.
WIRELINE SERVICES - PRESSURE SURVEYS
These surveys include long-term build up/draw down tests, and are conducted by specialized personnel
and equipment. Full analysis services are available with the industry-best standard software, quartz crystal
capacitance and sapphire gauges with highly accurate analysis.
COMPLETION SERVICES
Completion Services and Material from MBPS are designed to help operators meet the objectives of
producing and processing hydrocarbons at the optimum cost, safety, and efficiency. Completion Material
is collected at the facility, assembled, tested and transported to the rig site under the supervision of an
experienced completion engineer.
Some of the types of well completion that MBPS can handle:
● All types of completion for water injector wells
● Dowel completion strings
● High pressure and high temperature wells
● Oil and gas wells

16 17
 Completion materials that MBPS can make available, directly or through our partners, include:
● Side Pocket Mandrels
● Gas Lift Valves
● Packers
● Low Pressure Wellhead
COILED TUBING, NITROGEN AND PUMPING SERVICES
MBPS has been providing Coiled Tubing and associated services for over 17 years gaining extensive experience
within the region. MBPS owns and operates state-of-the-art Coiled Tubing units, Nitrogen Pumping and Fluid
Pumping units. The Coil Tubing, Nitrogen and Pumping operations are monitored and controlled by specialized
applications using the latest computer software licensed from the technology leaders in the industry.
WELL TESTING AND SAND MANAGEMENT SERVICES
MBPS offers both onshore and offshore testing of wells as an integral part of reservoir management for both
new and mature oil/gas fields. Since the integrity of the data collected during well testing is critical, these
packages are often custom-built for especially demanding conditions. MBPS is equipped to test wells up to
15,000 Psi well bore pressure.
The MBPS group also provides in-line sand management systems and services for post-frac clean ups.
Coupled with modern Multi-Phase Flow Meters, this makes a powerful tool when developing HP/HT gas/
condensate reserves.
MBPS has developed equipment and techniques of international standards and utilizes world-best practices,
to make it the preferred services provider in the Middle East with a proven record in executing assigned jobs
in an efficient, cost-effective and timely manner.

DRILLING FLUIDS AND MUD ENGINEERING

SERVICES
MBPS offers cost-effective mud engineering solutions for drilling
complications like shale inhibition, abnormal pressure and temperature
using both water and oil-based mud. MBPS has also successfully
engineered wells demanding the use of carefully balanced chemical
formulations in order to control sub-surface pressures and to perform
a variety of other essential down-hole functions. MBPS has experience
in drilling exploratory, appraisal and development wells, both vertical
and horizontal. The company has wide experience in formulating drilling
fluids for drilling complex geology with high H2S content and high
temperatures.

MUD LOGGING SERVICES

The Mud Logging Services team at MBPS has worked closely with Petron
(USA) to develop specialised mud logging equipment. MBPS provides
clients with real time drilling information that is useful with drilling
exploration wells where quick decision-making can save costs.

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 Gulf Drilling LLC, a subsidiary of MB Petroleum Services (MBPS) worldwide, has been established with the
objective of providing quality drilling services. Its focus on building strong long-term relationships makes Gulf
Drilling the partner of choice for businesses across the Sultanate of Oman and the Middle East region.

As a leading drilling contractor, Gulf Drilling LLC operates a fleet of drilling rigs capable of drilling up to 20,000
ft depth wells including oil, gas and geothermal wells in both exploration and development fields for industry
leaders like Petroleum Development Oman (PDO), SHELL , OCCIDENTAL (OXY), MEDCO, Daleel, Petrogas
and Hydrocarbon Finder.

With excellent capabilities and oilfield-related facilities in Oman, Gulf Drilling LLC is well positioned to ensure
the rapid deployment of solutions, with full logistics and operational support to ensure the integrity of
equipment and assets, including rig-moving, transport of company-supplied materials, preparation of well
programs, materials utilization lists, and support for well design.

Gulf Drilling LLC has implemented an Oracle-based Enterprise Asset Management System to centrally
monitor and maintain the condition of its assets. This robust system is implemented in all rigs.

In Oman, Gulf Drilling LLC – in association with its sister company United Engineering Services (UES) –
provides engineering and maintenance support to drilling rig operations. The Rusayl Oilfield Centre workshop
is well equipped and large enough to assemble a complete drilling rig. It has its own high-pressure test bay,
fabrication shop, sand blasting and painting facilities.

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Mawarid Mining LLC is a subsidiary of MB Holding Company, registered in the Sultanate of Oman. Mawarid’s
key focus is the exploration and development of mines both nationally and internationally. Mawarid holds the
distinction of being the first private sector mining company to engage in the exploration and development of
copper & gold in the Sultanate. In its more recent history, the company has grown internationally, with current
active sites in Namibia, Rwanda and Papua New Guinea.
The long term objective of Mawarid is to become one of the largest private mining companies within the
international mining industry. Mawarid has invested in in-house exploration and development and focused on
sustainable growth by acquiring interests in mining companies worldwide.
22
Mawarid owned and operated several open-pit copper mines in northern Oman. The ore produced from the
mines was processed at the copper concentrator facility owned and operated by Mawarid in the Al Batinah
region of Oman.
Mawarid holds 28% equity stake in Nautilus Minerals Inc. (Nautilus), a company listed on the Toronto Stock
Exchange (TSX). Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive
sulphide deposits and will be the pioneer in underwater marine mining when operations commence at the
Solwara 1 deposit in 2019.
Mawarid acquired 85% equity interest in Namibian Marine Phosphate (PTY) Ltd, which holds the mining
license for and is developing the Sandpiper Marine Phosphate, which will produce 3 mt of phosphate
concentrate in 2019.
Mawarid is developing the Icyari coultan project in Rwanda. The project when in production would
produce 5% of the world’s supply. Furthermore, through its wholly owned subsidiary Tri Metals
Mining, Mawarid entered into and executed 3 TIN exploration & large scale mining license agreements
with the Government of Rwanda.
The company retains a strong in-house team of professional and technically capable geologists,
metallurgists and mining engineers to carry out exploration, mining, processing and project evaluation
activities. Mawarid is well positioned to utilize the installed capacity and expertise to aggressively
expand its project portfolio on the international stage, in addition to rapidly assimilating new projects
and opportunities.
Exploration Drilling in Rawanda
23
 Seafloor Production System

(Sandpiper Marine Phosphate Project)

The Sandpiper Marine Phosphate Project (“Sandpiper Project) is located at Walvis Bay in Nambia and is held in
the Namibian registered entity Namibian Marine Phosphate Pty Ltd (“NMP”)

The 3 major shareholders of NMP are:

Nautilus Minerals Inc is leading Auxiliary Cutter

Shareholding as on 31st Dec 2016
the world in the quest to develop
seafl­oor mineral deposits. 100%
HAVANA
The updated DFS, published on 12th April, 2013,
Granted the first Mining INVESTMENTS concluded that the Sandpiper Project is economically
Lease in January 2011 for the
and technically feasible and has the potential to be a
deposits at the prospect known 15% 42.5%
as Solwara 1, in Papua New
42.5% project with long-life capability to deliver attractive
Bulk Cutter
Guinea. investment returns.

Nautilus holds highly

prospective exploration acreage
in the western Pacific (granted
and under application), as well
as in international waters in the
Central Pacific .
Previous exploration has
already identified 19
mineralised sea­floor systems in
the Bismarck Sea in PNG and
19 in Tonga.
Major Shareholders (30.6.2017)
Mawarid Mining LLC: 28%
Metalloinvest: 16.9%
Sandipiper Marine Phosphate Project
The high re-activity of the Sandpiper Project concentrate
product makes it suitable for both:
- Direct Application Phosphate Rock (“DAPR”)
Collecting Machine NMP applied for and was granted a Mining Licence - Single Super Phospate (“SSP”)
(ML 170 over a defined mineral resource area,
covering an area of 2,233km2, which is valid for
20years, from 14th July 2011
The ore is the free-flowing sand, which lies directly
on the ocean floor with estimated JORC and N143-
101 compliant reserves and resources as set out
below:

Reserves and Resources

CLASSIFICATION MILLION TONNES GRADE

NAUTILUS MINERALS RESOURCES ESTIMATES Proved and Probable Reserves 133 20.41%
Classification Class Tonnes Cu( Au Ag Zn (%) Contained Contained Au (Koz) Indicated Resources 80 19.82%
%) g/t) g/t) Cu (t
Inferred Resources 1,608 18.90%

Solwara 1 Indicated 1,030,000 7.2 5.0 23 0.4 74,160 165.6 Sandpiper bulk sample collection, off shore Namibia
within ML170
@ 2.6 % Cu eq cut-off Inferred 1,540,000 8.1 6.4 34 0.9 124,740 316.9

Solwara 12

@ 2.6 % Cu eq cut-off Inferred 230,000 7.3 3.6 56 3.6 16,790 26.6

24 25
 PANTONE 1797 COOL GRAY 8 C

C0 M100 Y99 K4 C00 M01 Y00 K43

R227 G27 B35 R161 G161 B164

New UES Headquarters in Rusayl Industrial Area

United Engineering Services LLC has been a pillar of Oman’s Engineering services for over 3 decades UES adheres to the latest and highest quality standards and is an ISO certified company. Our
catering to the fields of oil & gas and power generation & water. Recognized for HSE excellence, its Fabrication division is accredited with ASME (U, U2, S, and R) and is authorized by the National Board
quality products and on-time delivery, UES has grown from strength to strength since its inception in of Boilers & Pressure Vessel Inspectors to place their approved stamp on fabricated products.
1979.
Our Machining Division is API (5CT, 6A, 7.1, 16A) certified in Oman, while its UK facility (Hyspec
Today, UES is an international company with multiple facilities in Oman, UAE, UK, Germany and Engineering) is certified with the prestigious AS9100C, which expands its capabilities and allows
Malaysia, with more facilities expected to be setup internationally in the near future. In addition to them to machine parts for the oil & gas, defense, aerospace, nuclear, and renewables industries.
supporting the fields of oil & gas and power generation & water, UES has now successfully integrated
into the fields of marine & defence. UES is strategically placed and with the support provided by its
parent company MB Holding Company LLC, it has taken advantage and potential access to markets all
over the world.

26 27
 UES marine division specializes in the design & manufacture of fast interceptor boats for coastal
protection utilizing 3D infusion process which enhances & optimizes the advanced composite
manufacturing technology of materials such as Kevlar and Carbon Fiber.

UES represents the joint ventures which it has formed with various major international manufacturers
and service providers to provide leading products and services to a wide array of industries.

In order to “Meet the Industry Challenges” in the near future, UES has taken steps to ensure significant
growth in terms of product & services portfolio, scale and size of work and facilities, technology and
know-how in the existing and new markets, as well as international presence.

BUILDING BLOCKS FOR SUCCESS

Over 30 years of delivering a wide range of technical & innovative solutions and products worldwide
Meeting and Exceeding expectations of global industry leaders in quality and service

Accredited to major internationally recognized technical standards, including ISO, AS9100C, ASME,
API, & extensive portfolio of Premium Thread licenses
UES positions itself for its continual advancement in technology and processes
UES is driven by an experienced and dedicated team of professionals across various aspects of the
business. The technical knowledge and know-how contained within team UES is second to none.
We ensure that the right staff are recruited and retained within the business, thus maintaining a key
competitive advantage.

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 Koller, a subsidiary of UES, has over 100 years’
experience in engineering solutions and producing
high-quality engineering equipment for the oil and gas
industry.

Koller products are tested, validated for compliance

and, if required, certified by independent expert
organizations such as TÜV, German Lloyds, DNV in
accordance with international regulations.

Koller is specialized in design and construction of well

servicing products, special machines and special steel
constructions. The solutions and systems the company
provides are customized to suit client’s requirements
and are based on the latest technology available.

The company ensures long term after-sale technical

support including post warranty service, which is
provided on site.

The product range of Koller includes but not limited to:

trailer and skid mounted wireline & logging units, fluid
pump units, coiled tubing units, wellsite equipment,
offshore & subsea steel constructions, workshop
equipment and hydraulic power units.

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 Hyspec Engineering, a subsidiary of UES, is the leading provider of sub-contract precision engineering
services to oil & gas, defence, aerospace, nuclear and renewables sectors. From our headquarters
based out of west of Scotland covering over 40,000 square feet, our 100+ workforce delivers
precision machining parts, kits and assemblies to multi-national OEM’s across the globe.
Hyspec has recently expanded by adding an additional 2,000 Sq.m facility in Moorfield in the UK. It
has the capability to manufacture parts ranging from 10mm to 2.5 metres in diameter, and 6 metres
in length depending upon geometry.
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With Hyspec as a service provider, quality and on-time delivery is a given. We help our clients achieve
their goals by being able, flexible, transparent, responsive and reliable. We accomplish this by combining
an expert work force with world class infrastructure, intelligent planning systems and seamless
communication.
Our workforce comprises some of the most experienced personnel in the industry. Well- established,
effective quality management systems that are certificated to international standards to ensure reliability
across the value chain. Along with our valued employees and processes, we operate one of the best
precision manufacturing facilities within the UK.
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 NURTURING A
MULTICULTURAL IDENTITY
The MB Group employs more than 4000 people in over 20 countries of 54 nationalities. In the MB Group,
seasoned professionals and fresh recruits, nationals and expatriates work and learn from one another in a
uniquely inclusive environment.

While the company firmly believes that ‘diversity’ enriches the workplace, it also understands that attracting,
developing and retaining local talent promotes a deeper, stronger and long-term bond with the communities it
works alongside.

MBG employees participating in World Sports Day

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35
 MBG Family Day
GLOBAL HR STRATEGY FOR THE FUTURE
MBH Group HR Strategy sets out the HR Vision, Mission and Values that are
designed to enable the HR function to help the Group achieve its business goals in
a sustainable manner. The strategy includes the HR Roadmap that outlines the HR
transformation journey from 2009 until 2027.

The strategy emphasizes the key priorities for the HR function which include; resourcing the business,
developing a world class leadership cadre, strategic partnership between HR & the business, cutting edge HR
technology, LEAN, competitive EVP, learning and career development and employee engagement. Moreover,
being in a group of companies, it is our goal to build 1-HR mindset locally & globally. The desired outcomes
from implementing these priorities are sustainable business performance, value adding HR solutions, having an
excellent work environment and Distinct Employee Experience™.

WORLD-CLASS LEADERSHIP DEVELOPMENT

CROSS POSTING The requirement of developing future-fit, world class leaders is more crucial now than ever. It is a key
In 2016, a cross posting program - under which employees take long term temporary assignments in other business objective, given the importance of providing appropriate leadership for a Global business like ours.
Group companies - was launched for the first time across MB Group of companies. The aim of the program In MB Group we conduct leadership potential assessment, talent reviews and succession planning with the
is to utilize and exchange expertise we have globally. Cross posting program provides opportunity and allows objective of identifying and developing our leadership talent pool. individual development plans are then
participating employees to learn and to grow both their technical and interpersonal competencies. It is an used to plan specific interventions for the incumbents in terms of leadership development programs or work
effective tool for developing leadership and enhancing cultural awareness which in turn supports and improves assignments that will support them unleash their potentials. This type of engagement with potential leaders
the Diversity & Inclusion management within the Group. supports our retention efforts as well as their targeted development.
This program is in line with the business objective of enhancing the 1-Group identity, in addition to the HR
priority of building 1-HR mindset locally & globally.
INTEGRATED HRMS CLOUD BASED PLATFORM
The Company has upgraded to Oracle Fusion as our HR Management System (HRMS). This is a
strategic decision to have a cloud based, integrated and scalable system that can be deployed to
COMPETENCY DEVELOPMENT FOR GLOBAL COMPETITIVENES
any part of the Globe. Fusion platform greatly simplifies and enhances the talent management
We have developed Competency Management Framework (CMF) for all disciplines in the Group together
processes across the Group. It improves employee engagement through simpler and more
with our business Subject Matter Experts (SME). These joint efforts between HR professionals and business
sophisticated communication technologies. The system provides rich HR analytics and dashboards
experts resulted in a robust competency model that shall assist in developing competent employees. The
to the management, which in turn will result in more insightful decision-making.
framework integrates a number of people management processes e.g. competency assessment, recruitment,
performance management, learning and development, talent reviews, succession planning, and career
development. Developing High competency workforce shall give us a competitive advantage in facing the
CREATING VALUE FOR THE BUSINESS
business and operational challengesHR
nowTOWNHALL FEBRUARY 2017
and in the future.
HR function strategic focus is shifting away from transactional processes towards creating tangible
value to the business. Examples of this shift in the Group include:

Providing strategic partnership to operations and management to deliver operations cost-

effectiveness, enhancing quality of services and introducing cutting edge technology.

Resourcing the business with best talents identified from within the group or handpicked from the
market.

Imbedding the meritocracy and high performance culture in the Organization to unleash our staff
talent.

Offering high class learning and development interventions that are motivating and cost-effective.
Capitalize on technology to offer innovative solutions like eLearning and blended learning. All in
all, aim to create a learning and high performing organization that is agile and equipped to respond
HR Town-hall Meeting to various market conditions.

36
36
37
 CORPORATE SOCIAL
RESPONSIBILITY (CSR)
The holding company and its subsidiaries are dedicated to develop societies in which we operate,
especially in our home base, Oman. MB Foundation was legally recognized by the Ministry of Social
development in 2011 to formalize MB Group companies’ philanthropic efforts and to carry out their
charitable activities. In order for our resources to have the highest impact, the MB Foundation board
has prioritized four main pillars, which all CSR activities operate under:

• Education of Omani Youth

• Women’s empowerment
• Citizens Health & Welfare
• Contribution to Civil Society
At MB Holding we have launched
PhD scholarship program with
Heriot-Watt University, Dubai,
where the first Omani has been
selected to complete her PhD study.
Our companies have also worked closely with ‘Nisa Sidab’, a women’s group in the Mutrah area who
makes souvenirs for tourists at Muscat port. They were provided with materials, as well as business
cards and product packaging to elevate the presentation, allowing them to promote their goods.
Similarly, we provided the ‘Omani Women’s Association’ with embroidery and sewing machines. The
objective was to further promote entrepreneurship amongst women, enabling them to learn a new
craft and to create sustainable income for themselves.

We have also sponsored the first

‘Omani Student Expo’ held at Sultan
Qaboos University. The exhibition
gave students on international
scholarships a platform to present
their innovative projects and
academic research in the fields of
science & mathematics, health &
environment, and engineering to an
audience of potential investors and
employees.

First Omani selected for PhD scholarship

38 39
 In addition, we supported the ‘National Breast Cancer Genetic Testing’ research centre at Royal
Hospital by providing them with medical kits necessary for diagnosing patients. Moreover,
we purchased diabetic strips, physician scales with digital height rod and nicotine tabs to be
distributed amongst patients who smoke at the Athaiba Health Centre.

Through partnering with the Oman Disabled Association in Sohar & Muscat, we provided
essential aid including but not limited to cerebral palsy wheel chairs, leisure & sports wheel chairs,
steel chairs, motorized beds and mattresses.

In April 2016, we celebrated the official opening of pottery workshop gifted to the men’s prison
in Samail. The rehabilitation of incarcerated individuals was acknowledged by the management
to be of great importance as the program allows inmates to generate income by selling their
products. In addition, studies show that such facilities lower the rate of repeat offenders and help
former detainees to rejoin society and become active members of the community.

We have also partnered with Golden Tulip to supply medical equipment for Nizwa Hospital.
Moreover, through the hospital we provided special needs patients with necessary personal medical
equipment.

On an annual basis we organize a fun day for children from the childcare centre, with a number of
activities for the different age group.

Official opening of pottery workshop in Nizwa’s prison

40
40 41
 KEY PERSONNEL
Dr. Mohammed Al Barwani
Chairman – MB Holding
Dr. Mohammed Al Barwani is the founder and
Chairman of MB Holding. He has investments in
various companies with interests in oil & gas, mining,
engineering, financial services and real estate. He is
on the board of Al Madina Investment SAOG, Oman
Air and Nautilus Minerals (Toronto Stock Exchange).
Moreover, Dr. Mohammed is the President of the
Oman American Business Centre, which promotes
the economic and trade ties between the two
nations. He is the Honorary Consul of Republic of
Poland to the Sultanate of Oman.
Usama Al Barwani
CEO - Petrogas E&P, MD - UES
Usama Al Barwani is the Chief Executive Officer of
Petrogas E&P, the exploration and production arm
of MB Holding. He manages the long-term strategic
plan for Petrogas in Oman and internationally,
ensuring optimum oil & gas production with highest
QHSE targets. Moreover, Usama is the Managing
Director of United Engineering Services (UES).
Before assuming this position, he was the Head of
New Business Development in MB Holding, where
he served 12 dedicated years in various positions.
42
Sharifa Al Harthy
Vice Chairperson – MB Holding
Sharifa Al-Harthy is the Vice Chairperson of MB
Holding Company. She has played a vital role in
setting up the MB Group of Companies since
its inception in 1982. In addition, she heads the
MB Foundation, which aims to provide support
to our local community in areas of education,
healthcare and social welfare. She has been
announced by Forbes Middle East among the
100 Most Powerful Arab Business Women.
Tariq Al Barwani
CEO – Mawarid Mining, MD – MBPS
Tariq Al Barwani is the Chief Executive Officer of
Mawarid Mining, the renowned Omani mining
company. As a CEO, Tariq leads the company
to expand locally and internationally, employing
technology to enter new minerals’ market.
Additionally, Tariq is the Managing Director of MB
Petroleum Services (MBPS), where he focuses
to develop MBPS as one-stop-shop for oil & gas
services. Furthermore, he directs the company to
follow their new strategy via LEAN methodology
and corporate performance management.
Iman Al Barwani
CSR and Corporate Communications Manager
- Petrogas E&P
In addition to her position as CSR and Corporate
Communications Manager of Petrogas E&P, Iman Al
Barwani is the Vice Chairperson of MB Foundation.
She concentrates on sustainable social projects that
support our community’s welfare. Moreover, she is
engaged in efforts to support women’s empowerment,
offering educational opportunities, and contributing to
society development in Oman.
Safana Al Barwani
Managing Director of MUSSTIR
Safana is the Managing Director of MUSSTIR, the
Omani real-estate developer company. She oversees
development and management of all properties on
behalf of the Group. Her strategic focus is to position
MUSSTIR to be a renowned real-estate developer
company in Oman and internationally. In addition,
she works to tactically diversify MUSSTIR’s properties
portfolio to strengthen the company in all aspects.
Rahma Al Barwani
Head of Communications & External affairs
- MB Holding
Since her tenure as Head of Communications
and External Affairs at MB Holding, Rahma Al
Barwani has dedicated her efforts to creating
stronger communication channels within our
stakeholders, inside and outside the company.
Moreover, she is capitalizing on technological
advancement to develop robust media
capability that would support the Group’s
objectives. Rahma focuses to build well-
reputed brands for the Group, for the purpose
of maintaining the company’s slogan “Trusted
Worldwide”.
Sushil Srivastava
Group Chief Financial Officer
Sushil joined MB Group in 2001 and he is
currently assuming the role of Chief Financial
Officer of MB Holding Group. He focuses on
Group’s strategic, financial and commercial
objectives. During his tenure with the Group,
he has successfully negotiated and executed
several acquisitions including arranging
financing and contributing to the growth of the
Group.
43
 KEY PERSONNEL
Said Al Jabri
Director – Corporate Operations
Said Al Jabri is the Director of Corporate
Operations in MB Holding. He oversees the
progress of subsidiary companies against
their established strategies. In addition, he is
responsible for directing HR, legal, medical and
communication functions. With management
team, he provides strategic direction to develop
corporate profitability and ROI. Part of Said’s role
is to represent the company in external events
and discussions.
Namit Rustagi
Legal Counsel of MB Holding
Namit is MB Holding’s Legal Counsel for 9 years
with extensive experience in areas of corporate
finance, structured and conventional fundraising,
cross-border transactions, international
commercial transactions, inbound and outbound
merger & acquisition, litigation and corporate
restructuring.
44
Murali Chidambaram
Group Chief Internal Auditor
Murali, a qualified chartered accountant, with over
26 years of experience in finance and auditing
(external and internal) joined MB Group in 2002. In
his current role as a Group Chief Internal Auditor for
MB Holding and its subsidiaries, he is instrumental
in setting up the Internal Auditing Department.
Moreover, through structured internal audit
approach, he has effectively provided framework for
risk and governance, compliance and effectiveness
over processes.
Jawed Khan
General Manager – Synapse
Jawed is the General Manager of Synapse LLC,
the Information Technology arm of MB Holding
and subsidiaries. He joined MB Group in 1999.
He is responsible for group-wide formulation and
implementation of information technology and
management strategies and governance in-line with
business strategies of MB Group of companies.
Said Al Maskari
UES Oman CEO
Said has been appointed as UES Oman CEO
on March 2017 after joining UES mid 2016 as
Chief Operations Officer (COO). In his capacity
as UES Oman CEO, he is in charge of the overall
operations, profitability, development and
continuing business expansion of all its products
and services. He is responsible for directing
and controlling the operations of UES so that
it achieves its strategic objectives and financial
targets.
Salim Al Harthy
MBPS CEO
Salim Al Harthy is the CEO of MB Petroleum Services
(MBPS). He leads MBPS to be partner of choice for
E&P companies locally and globally. Through his
leadership, MBPS aims to provide integrated oil &
gas services to its customers. His strategy of realizing
the objective of being partner of choice is to provide
MBPS customers high-quality of service, which meets
their target production and timeframe.
Neville Storey
UES International Business CEO
Neville has extensive experience in the Oil &
Gas industry for nearly 25 years. Since joining
United Engineering Services (UES) in 2000,
Neville’s role has been expanding. In 2005
additional responsibilities of managing the
Manufacturing and Services stream have been
given to him. Today, Neville is UES International
Business CEO and leads the international joint
ventures and investments of UES.
Badran Al Hinai
Group HR Manager
Badran’s executive Human Resources
Management experience spans more than
20 years across public and private sectors
in Oman and the UK. His prime focus is to
drive HR in the Group to be a true Strategic
Business Partner and a value adding function.
45
Contact us
SULTANATE OF OMAN INTERNATIONAL
MB HOLDING COMPANY LLC KINGDOM OF SAUDI ARABIA HUNGARY
IP.O. Box 695, Muttrah MB Petroleum Services CO.Ltd. MB Drilling Overseas Ltd.
Postal Code 114, Sultanate of Oman P.O. Box 1969, Al Khobar- Zip Code 31952 MB 2001 Ltd.
Tel: +968-24580580 – Fax: +968-24580599 Kingdom of Saudi Arabia Kőrösi út 43.
Email: mboman@mbholdingco.com Tel: +966-3-8117755 5000 Szolnok
www.mbholdingco.com Fax: +966-3-8116868 Hungary
Email: mbsamgr@mbpetroleum.com Tel : +36 (56) 52071 Fax: +36 (56) 420399

PETROGAS E&P LLC KINGDOM OF BAHRAIN PETROGAS E&P NETHERLANDS B.V.

P.O. Box 353, Ruwi Mohammed Al Barwani Petroleum Services Co. Laan van Zuid Hoorn 14
Postal Code 112, Sultanate of Oman Al-Seef-Building #2415 – Block 428 2289 DE Rijswijk,
Tel: +968-24527900 – Fax: +968-24527909 Road 2831 – Flat 42 The Netherlands
Email: petrogasep@petrogasep.com Manama – Kingdom of Bahrain
www.petrogasep.com Tel: +97317564715/16 – Fax: +97317564713
Email: mbpsbahrain@mbpetroleum.com UES OVERSEAS OFFICES
MB PETROLEUM SERVICES LLC UNITED ARAB EMIRATES UNITED KINGDOM HUNGARY
P.O. Box 695, CPO Seeb MBPS Worldwide DMCC Hyspec Engineering MB 2001 Ltd.
Postal Code 111, Sultanate of Oman 30th Floor, Swiss Tower, Rigg Street, Stewarton, Ayrshire, Kőrösi út 43. 5000 Szolnok
Tel: +968-24580000 – Fax: +968-24580259 Cluster Y, Jumeirah Lake Towers, Scotland, KA3 5AJ Tel : +(56) 520710; Mob : +(30) 299 5162
Email: mboman@mbpetroleum.co.om P.O.Box 25299, Dubai, UAE Email: info@hyspecengineering.co.uk Fax: +(56) 420399
www.mbpetroleum.com Tel: +971 4 709 1999 www.hyspecengineering.co.uk E-mail: remeczkif@mbrt.hu
Tel: +44 (0) 1560 483512

GULF DRILLING LLC ABU DHABI MALAYSIA MB Metalworks Ltd.

P.O. Box 1335 Azaiba Mohammed Al Barwani Petroleum Services UES INTERNATIONAL SDN BHD Kőrösi út 43. 5000 Szolnok
Postal Code 130, Oman Arjan Business Centre # 1667 No 1 Jalan T.U 43, Taman Tasik Utama Tel : +(56) 520710; Mob : +(30) 633 2778
Tel: 24580400 Defence Road, Abu Dhabi, UAE 75450 Ayer Keroh Melaka Fax: +(56) 420399
www.gulfdrillingme.com Email: Khodhouri@mbpetroleum.co.om Off No +606 253 3536 E-mail: lazarg@mbrt.hu
Fax No +606 232 1729

UNITED ENGINEERING SERVICES LLC GERMANY GERMANY MB Property Ltd.

P.O. Box 216, Rusayl, Postal Code 124, Sultanate MB Well Services GmbH KOLLER Maschinen- und Anlagenbau GmbH Kőrösi út 43. 5000 Szolnok
of Oman Brietzer Weg 4 Bruchkampweg 5 Tel: + (56) 520757; Mob : +(30) 9634147
Dir. Tel: +968 24161200 29410 Salzwedel, Germany 29227 Celle Fax: + (56) 420399
Fax: +968 24150101 Tel: +49 3901 83520 Tel: +49 5141 9898-0 E-mail: gulyasf@mbrt.hu
Email: info@uesoman.com Fax: +49 3901 35056 Fax: +49 5141 9898-98
www.uesoman.com Email: info@mbwellservices.com Email: info@koller-celle.de
Web: www.koller-celle.de

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