CNC Oil & Gas Editorial Introduction

CNC Oil & Gas works on the market as a capital investor through the creation and management of joint venture companies and SPEs (Specific-Purpose Enterprise), for the formation and promotion of lo- calized clusters with high-intensity natural gas consumption, with the basic premise of being their exclusive supplier.

Within such premise, CNC Oil & Gas presents a commitment to provide not only a sales contract for the long term programs, but also the investment capacity on Capital Expenditures, be that on opera- tional assets as major stakeholder on base load high-intensity natural gas consumption facilities like or thermo-electric units or up to 100% on regasification terminal units. On top of that, CNC Oil & Gas offers a wide range of integrators with proven worldwide technical quality, working with advanced engineering techniques to improve cost-bene- fit performance to implement such projects. These integrators are companies pertaining to the group; however, due to corporate gover- nance practices determination, such enterprises are mandatorily inde- pendent and follow austere management rules and rigid ethics princi- ples in order to participate in public bids, and are audited timely.

CNC Oil & Gas has a structure defined for the activities on the mar- ket segments of Oil and Gas, divided in business verticals that are in- corporated in the governance, with large expertise in creating a value chain with a results delivery culture. The company is managed by the top senior executive: as President and Chairman of the Board, Mr. Carlo Conti; with large track of execution and expertise in worldwide operations and business development in the segments of oil, natural gas and Naval Demolition Organization and also other segments re- lated to energy and commodities. Such background was acquired throughout the work with companies of the group and other business joint ventures.

CNC Oil & Gas wishes to show there is a strategic interest on de- veloping the cluster related to energy generation, since this is a seg- ment with advantageous economic perspective as on of the energy pathways for the worldwide development. Within the business philos- ophy, there always should be a rigorous risk analysis and investment compliance to satisfy the company's corporate governance standards, with focus on constant results transparency and ethics on conducting businesses, on top of the utmost respect to environment and society, being the respect to legal requirements and the recognition of the hu- man being in the processes. CNC Oil & Gas presents a low-profile characteristic when managing assets through JVs or SPEs, which can be demonstrated by working exclusively with prime-graded worldwide banks and first-demand guarantees.

SERVICES

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SERVICES

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SERVICES

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SERVICES

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About Us

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CNC Oil & Gas is an early stage investor on the energy market seg- ment, mainly operating through business joint ventures with first class worldwide companies. CNC Oil & Gas is also active in Industrial/Civil, Marine & Military Demolition. CNC Oil & Gas has worked for the demo- lition and commercialization of all scraps of all disused Vessels located in Guinea Conakry (Africa).

Top Executives

Carlo Conti, President and Chairman of the Board

President and Chairman of CNC Oil & Gas is Mr. Carlo Conti, with more than 35 years of management experience in large enterprises.

Mr. Conti has held the Company in the execution of sizeable projects, dealing with subjects such as crude oil and petroleum products trading sourcing from different countries and delivering them to refineries or customers facilities worldwide, for important customers such as Iraqi Crude Oil, and PDVSA Also, led the company to executive several drilling activi- ties on a turnkey basis in rather difficult to operate countries such as Algeria, as well as tendered as advisor for general contractors in the realization of important refinery

and related facilities in Brazil; under his conduction the company was chosen to develop Risha Gas Field in Jordan.

Mr. Conti was the responsible for InterOil Services UK to be regis- tered in both SOMO and the United Nations as a national oil purchaser, and also organized and managed the barter of crude Oil for Food (for United Nations).

Mr. Conti also has several successful jobs on the hydrocarbon oil and gas field development in different parts of the world when these developments might not interest large oil companies, generally due location in remote areas with less than high production volumes.

A brief list of clients that Mr. Conti has managed are: Elf Aquitaine Production, Total, CGG Massy Flagship Geo, Dupont, Conoco Hydrocarbures, Petrorep, Centre d'Etudes et de Geophysique Appliquée at CGG Massy, CGG Canada (Calgary), Norway (Stavanger), Oman (Muscat), Mexico (Villahermosa), and USA (Houston-Texas); Maurel & Prom, Vermillon Incie; Repsol Algeria (Tanker in Iraq); Texas Crude Energy, Houston, USA; Marex & TGS NOPEC, ECS FMK GmbH (Egypt Branch), among others.

Mr.Conti further regarding Naval Demolition has held the Company in the execution projects dealing with GRUPPO PITTINI - ITALY - GRUPPO ARVEDI SPA SAVONA ITALY - GRUPPO ACEROLMITTAL EUROPE

Our Business

CNC Oil & Gas is currently on an early stage as investor in the energy market segment; however, with over 35 years of experience combined in the energy sector, the company has been building over on the top executives' past careers.

CNC Oil & Gas does focus on ventures worldwide and can create and aggregate value through development and management, as well as presenting deep institutional and market sector knowledge.

CNC Oil & Gas's commitments are related to:

  • Access to a broad capital base;
  • Project and company accurate management; through active day-to-day engagement in operations and timely board-level decision-making process;
  • Providing sales contracts for long-term programs;
  • Huge expertise in energy sector.

Strategic Focus

CNC Oil & Gas covers mainly greenfield projects, but there is a clear understanding that there are existing outside that may come up with particu- lar benefits, despite the additional risks usually involved.

Greenfields

  • Financing: Greenfield projects, in general terms, have very attractive financing lines that usually incentives;
  • Maintenance: New equipment reduces the cost of maintenance, as well as the risks of non-scheduled;
  • Regulatory: Public bids for greenfield projects are mandatory and take place annually.

Brownfields

  • Time to Market: While greenfield projects must be built to operate in up to 3 to 5 years from the bid,
  • existing assets must start the energy supply in a very short term, usually around one year from the sometimes even less than that;
  • CAPEX volatility: Given that the asset is already built, the risks of get the CAPEX out of control becomes very low.

CNC Oil & Gas is currently on an early stage as investor in the energy market segment; however, with over 35 years of experience combined in the energy sector, the company has been building over on the top executives' past careers.

CNC Oil & Gas does focus on ventures worldwide and can create and aggregate value through development and management, as well as presenting deep institutional and market sector knowledge.

Business structure

CNC Oil & Gas has a lean business structure, relying heavily in a low-profile activity; therefore most of its human resources are sta- tioned within the ongoing projects. Other than that, Mr. Mr. Carlo Conti, President and Chairman of the Board, there are the highest top-level executives at the company, Mr. Conti stay focus based in Florence, Italy.

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ACNC Oil & Gas governance structure and framework

Good corporate governance is much more than compliance with in- ternational rules and regulations. It is an integral part of how the company chooses to do business and is a relevant part of the overall commitment with the community in which the company is inserted.
While there is a solid internal control, both risk management and company audit procedures ensure that proper controls are 100% valid. CNC Oil & Gas also encourages all partners, business joint ventures, and employees and associates to review their own corporate governance terms and each other's activities and outputs. This helps to all make sure that they have acted correctly and to confirm that the right decisions are chosen and to challenge each other if they think something is the matter, if something appears unusual or that they may think there is a better way of doing things.

Board of Directors

The board of directors is completely committed to keep high stan- dards of corporate governance in place and believes that a solid cor- porate governance framework enables efficient and effective deci- sion-making processes with clear responsibilities, leading to achieve CNC Oil & Gas's goals and delivering long-term value to shareholders. The company's strategy involves monitoring financial per- formance, in-depth analysis of new business opportunities, driving solid strategies to associated companies, and ensuring standards of conduct and accountability across the business. These are the top fo- cus areas for the board of directors.

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Business principles

CNC Oil & Gas believes an organization can only deliver outstanding performance over the long term if everyone's behavior meets a set of standards and shared values. The company shares it like a practical guide to living these principles and values every day. It is designed to be clear and must be the context in which all company business decisions are made. They set out our commit- ment to the highest integrity in: business relationships, including zero tolerance for corruption; safe and secure working environ- ments; developing employees personal and professionally; treating all of "our" people with fairness, respect and decency; They express too the intention to make a positive contribution to economic, social and environmental development in the countries where the company operates, and to ensure consistency of approach by service providers and contractors.

CNC Oil & Gas believes that operating in accordance with these Business Principles is mandatory for sustainable performance and long-term value creation. They are approved by the board of directors and must be followed by all involved people at all times, including when seconded to joint ventures.


There are 9 principles that the company believes in:



Great people allowed growing at the pace of their talent and compensated accordingly, are the most valuable assets of our company;

We, the company, must select people who, with the right development, challenges and encouragement, can be better than ourselves.
The company will be judged by the quality of its teams;

We, the company, will never be completely satisfied with obtained results, which are the fuel of our company. Focus and zero-complacency guarantee lasting competitive advantage;

The consumer is the Boss. We, the company are "the brand", connect with our consumers through meaningful brand experiences, balancing heritage and innovation, and always in a responsible way;

We, the company, are a company of owners. Owners take results personally, positive or negative;


We, the company, believe common sense and simplicity are usually better guidelines than unnecessary sophistication and added complexity;

We, the company, manage our costs tightly, to free up resources that will support the top-line growth;

Leadership by personal example is the best guide to the company's culture. We do what we say;

We, the company, do not take shortcuts. Integrity, hard work, quality and consistency are keys to building a long-lasting fruitful company.

Compliance

Due to its international presence, CNC Oil & Gas is committed to a wide spectrum of compliances and regulations, to which the company follow completely. As part of the business foundation, corporate governance sustains all company's behavior to comply to rules and regulations whenever and wherever they apply. As part of business conduct direction, CNC Oil & Gas is also looking for ways to improve such rules and regulations, and acts accord - ingly to the proper authorities in both following such rules as well as to propose eventual changes, as they are to improve the mar- ket segment. More than that, international-level audits conducted within the company help on making sure all compliance are met accordingly.

Agreements | Partnership

GHANA

JV Agreement for developing renewable energy in the country.

GUINEA

JV Agreements for developing, New Bauxite loading Port, Roads/Railway connections from Bauxite Mining Sites, new Port, Naval Demolitions and others.

CAMEROON

Frame Agreements for "Génération des Grands Projets du Cameroun" 2020 - 2027.

RUSSIA

Frame Agreement with Russian Oil and Petrochemicals.

OTHERS

West Africa: ANGOLA, BURKINA FASO, BENIN, NIGER ECT

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