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NAFTAGAS Oilfield Services awarded by Chamber of Commerce of Romania’s Timis County

October 31, 2016

At a ceremony in Romanian City of Timisoara, the award was received by Milos Ivankovic, manager of the Company’s branch office in Romania. The prize was awarded for business excellence in the sector of services in exploration and production of oil and gas for 2015. At a ceremony in Romanian City of Timisoara, the award was received by Milos Ivankovic, manager of the Company’s branch office in Romania. The award ceremony was held at the Regional Business Center of Timis County Chamber of Commerce, in the presence of hundreds of guests from the business, cultural and public life in Romania. It is a tradition that Timis Chamber of Commerce for 23 years awards the leading companies operating in this western Romanian district. The award ceremony was held at the Regional Business Center of Timis County Chamber of Commerce, in the presence of hundreds of guests from the business, cultural and public life in Romania. Award for NAFTAGAS Oilfield Services is the new confirmation that NIS and its subsidiaries in the region are recognized as reliable partners and business entities that contribute to the economy of the area in which they operate. Also, this award is the new impetus for the NIS to strengthen its presence in the region and to continue to be a significant investor and employer in its sector. NAFTAGAS Oilfield Services operates on the territory of Romania from 2013, and so far, among other things, conducted two large seismic projects in western Romania. Depending on the scope and intensity of the project, the Company engages significant number of subcontractors and workers. NAFTAGAS Oilfield Services are certified to work in the European Union. NIS service capacities own equipment, plant and vehicles that are required to provide services in the field of exploration and production of oil and gas. NIS aim is to increase the presence of its services in the region and in the international market.