0 RED SEA GROUP

Red Sea Marine originated as a limited partnership company operating under the Free Zone Authority of SUEZ with its Head Office in Cairo. The company's permit is divided into two main parts. The first is for a licensed warehouse which allows us to stock upstream and downstream Oilfield Equipment for sales, services and rental. The second is Marine Service & supply, having a Free Zone License allows REDSEAGROUP to import and export products with maximum speed and efficiency. There are no taxes or customs duties other than the nominal 1% on invoice value for incoming material and 0.5% on re-exported products. Since the Petroleum Sector in Egypt operates on a 'Duty Free' basis, REDSEAGROUP's license is perfectly tailored to comply with the Egyptian General Petroleum Corporation (EGPC) operating mandate. Our customers range from the Oil and Gas sector, whether drilling, production, workover, refinery or petrochemical. We cater to their requirements and needs and are able to source their immediate and long term needs. In addition to supplying material and spares we are also in the service business, providing different service facilities for our customers. We also have a small supply & Tug Boats that can be rented to other companies working on Medetrenian & Gulf os Suez for petroleum services, Port constructions and dredging and we have the ability to give an expert workers for the Marine & Petroleum services Reference to our good reputation in the market we've got locations based on Suez, Port Said, Damitta and Alexandria. Not only these locations but also the start point of North Suez Canal (Port Said), and we've also got good relation with Suez Canal Port authorities and all governmental authorities whether in Port Said or Suez.