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IASI-UNGHENI GAS PIPELINE

The consortium Habau PPS PipelineSystems-Inspet-IPM Partners Romania has completed the construction of Iasi-Ungheni gas pipeline in Romania, including the Prut river under-crossing.

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-diameter: 20 inches

-length onshore: 32 Km

-length of Prut under-crossing : 806 m

IPM-Partners Romania share in this project was 33%

The project completed as scheduled in the contract with National Agency for Mineral Resources and within the contracted budget.

The technical supervisor of the project was S.N.T.G.N TRANSGAZ. S.A.

20 INCHES PIPELINE AND PIG STATION-TRANSGAZ

Preparation for Pigging and Assessment for 20 Inches Gas pipeline Silistea-Bucuresti, including civil works and installation for a DN500 Pig Launching Station at Sendreni - contract awarded to association IPM-Partners Romania - PETROCONST - Pegamont.

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TRANSGAZ S.A. is the National Gas Transmission Company, established based on Governmental Decision no. 334/28 April 2000, the Romanian legal person responsible for transmission, international transit, natural gas dispatching, research-design in the field of natural gas transmission.

10 3/4 INCHES PIPELINE CONTRACT-CONPET S.A.

IPM-PARTNERS Romania has signed the contract for the execution of 10 3/4 inches oil transport pipeline Vermesti-Rafo Onesti, Dofteana area,  for CONPET S.A.

The project involves the replacement of the oil pipeline on a working route of 7600 m, Dofteana area 6.2 km and Poieni Monument area another 1.4 km.

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CONPET S.A. is the company operating the national oil transport system through pipelines in Romania.

 IPM-Partners is an engineering and construction Company providing services for the Oil&Gas industry, focused in building quality pipelines and associated industrial facilities.

EXTERNAL CORROSION DIRECT ASESSMENT -DCVG - ROMGAZ S.A.

Romgaz S.A. has awarded the Association IPM-Partners Romania-Center for Innovation and Technological Transfer Ploiesti with the contract "Evaluation for Technical State of Gas Collection Pipelines - Branch Romgaz Targu Mures".

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The project involves the assessment of approximately 186 km of buried gas collection pipelines, using indirect inspection - DCVG and Soil resistivity assessment, direct inspection (NDT), calculation of remaining operating duration and Maximum allowed operating pressure. Total duration for the execution of the project will not exceed 120 working days.

ROMGAZ S.A. is the largest natural gas producer in Romania and one of the largest in Eastern Europe. The company is responsible for producing around 40% of the total natural gas consumption in Romania. Its majority stockholder is the Government of Romania.

IPM-Partners is an engineering and construction Company providing services for the Oil&Gas industry, focused in building quality pipelines and associated industrial facilities.

24 INCHES GAS PIPELINE AND UNDERCROSSING - TRANSGAZ

TRANSGAZ S.A. has awarded the association IPM-Partners – Habau PPS Pipelines Systems with the execution of a 24 inches, 40 bars gas pipeline, in the area of Peceneaga-Silistea, Braila County, Romania. The project includes the replacement of 200 m gas pipeline and the execution of a 90 meters undercrossing of a county road in the area. The contract has been concluded and the preliminary operations are in progress.

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TRANSGAZ S.A. is the National Gas Transmission Company, established based on Governmental Decision no. 334/28 April 2000, the Romanian legal person responsible for transmission, international transit, natural gas dispatching, research-design in the field of natural gas transmission.

Habau PPS Pipelines Systems Romania is the Romanian subsidiary of Habau Group, a leading contractor in Europe, undertaking all sizes of projects for the major companies in the oil and gas industry as well as for the chemical and water supply industries.

IPM-Partners is a powerful and well developed company for construction and engineering services in Romania, Austria and Germany, offering more than 20 years of experience in the Oil & Gas industry, proven expert knowledge in EPCC and strong CEE competence.

20 INCHES PIPELINES CONTRACT, TRANSGAZ

IPM-Partners Romania in association with Habau PPS Pipeline Systems Romania, was awarded with a 20 inches, 40 bars gas pipeline aerial river crossings construction contract by TRANSGAZ S.A. in Romania.

The contract covers the execution of 6 aerial crossings of rivers in the area Turburea-Isalnita, total length of 1400 meters. The project is in its start-up phase and it is scheduled to be completed in the second semester of 2012.

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TRANSGAZ S.A. is the National Gas Transmission Company, established based on Governmental Decision no. 334/28 April 2000, the Romanian legal person responsible for transmission, international transit, natural gas dispatching, research-design in the field of natural gas transmission.

Habau PPS Pipelines Systems Romania is the Romanian subsidiary of Habau Group, a leading contractor in Europe, undertaking all sizes of projects for the major companies in the oil and gas industry as well as for the chemical and water supply industries.

IPM-Partners is a powerful and well developed company for construction and engineering services in Romania, Austria and Germany, offering more than 20 years of experience in the Oil & Gas industry, proven expert knowledge in EPCC and strong CEE competence.

ROMANIA, PRAHOVA COUNTY CHAMBER OF COMMERCE BOARD

IPM-Partners Romania, has become a member of the Board of Prahova County Chamber of Commerce and Industry, follow up the elections held on May, 23, 2012.

Mr. Antonio Tache, General Manager of IPM-Partners will carry on this honorable duty on behalf of IPM-Partners Romania. Mr. Aurelian Gogulescu, the president in charge, has been re-elected.

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The Chamber of Commerce and Industry Prahova is a non-governmental organization of public use, meant to promote the Prahova County's economy both on the domestic market and overseas, and to support the local business community in its relation with the internal authorities and the specialized organizations abroad.

IPM-Partners is a powerful and well developed company for construction and engineering services in Romania, Austria and Germany, offering more than 20 years of experience in the Oil & Gas industry, proven expert knowledge in EPCC and strong CEE competence.

20 INCHES PIPELINES CONTRACT, CONPET S.A.

IPM-Partners Romania in association with Habau PPS Pipeline Systems Romania, was awarded with a construction contract by CONPET S.A. in Romania.

The contract covers front end engineering and design, permitting, detailed design, procurement and construction of a 20 inches Oil Transport Pipeline Baraganu-Rafo Onesti, 8 sections, total length 12,55 km, between the pumping stations Baraganu si Martinesti. The contract is scheduled to be completed in the second semester of 2012.

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CONPET S.A. is the company operating the national oil transport system through pipelines in Romania. Habau PPS Pipelines Systems Romaniais the Romanian subsidiary of Habau Group, a leading contractor in Europe, undertaking all sizes of projects for the major companies in the oil and gas industry as well as for the chemical and water supply industries. IPM-Partners is a powerful and well developed company for construction and engineering services in Romania, Austria and Germany, offering more than 20 years of experience in the Oil & Gas industry, proven expert knowledge in EPCC and strong CEE competence.

CONTRACT AWARDED: 24” AND 12” RIVER UNDERCROSSING, OIL PIPELINES

IPM-Partners Romania, in association with Habau PPS Pipeline Systems, was awarded a construction contract by CONPET S.A. in Romania.

The contract covers the execution of two rivers undercrossings (Prahova and Ialomita rivers) for three crude oil pipelines between Constanta and Ploiesti. One pipeline is of 24 inches and the other two of 12 inches in diameter. The contract is scheduled to be completed in the first semester of 2012.

RTEmagicC logo conpet 01.pngCONPET S.A. is the company operating the national oil transport system through pipelines in Romania. Habau PPS Pipelines Systems Romaniais the Romanian subsidiary of Habau Group, a leading contractor in Europe, undertaking all sizes of projects for the major companies in the oil and gas industry as well as for the chemical and water supply industries. IPM-Partners is a powerful and well developed company for construction and engineering services in Romania, Austria and Germany, offering more than 20 years of experience in the Oil & Gas industry, proven expert knowledge in EPCC and strong CEE competence.

NEW ORGANIZATION, DIVISIONAL PRINCIPLE: ENERGY, CIVIL

PM-Partners Romania has re-organized its business by splitting its activity in two business units: Energy Projects Business Unit and Civil Projects Business Unit.

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Mr. Eugen Tittes will lead the Energy Projects BU. Eugen Tittes has a mechanical engineering background and was in charge with many managerial positions in the oil & gas industry. The Civil Projects BU will be managed by Mr. Andre Jabke, having a civil engineering background and managing in the past large projects for many multinational companies, in Germany and Romania. Through this re-organization, IPM-Partners will be able to better cope with complex projects and to offer more specialized services for its customers.

IPM-Partners is a powerful and well developed company for construction and engineering services in Romania, Austria and Germany, offering more than 20 years of experience in the Oil & Gas industry, proven expert knowledge in EPCC and strong CEE competence.

NEW COLLEAGUE, PORTFOLIO & SUPPORT MANAGER

IPM-Partners Romania has a new Portfolio & Support Manager.

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Ms. Luminita Marinov is now the Portfolio & Support Manager of IPM-Partners and she is responsible to be the liaison between Supply Chain Department, Controlling Department and the Business Units of IPM. Mrs. Marinov has worked in the past for companies like DHL Romania, MOLDOCONS Group, in key management positions, and her business references are more than explicit to provide confidence that she will be successful in her new position. We wish her good-luck!

Marin Mehedinteanu Street 
100010 Ploiesti PH
Romania

Phone: +40 344 140752
Mail: office@ipm-partners.com
Web: www.ipm-partners.com