Petrom & TotalSoft - Three Years Collaboration 28 October 2008

2 Primavera Conference AGENDA Introduction to Petrom Project Management Tool Petrom & Total Soft

3 Primavera Conference Introduction to Petrom Petrom Facts and Figures (2007) ► Turnover:12,284 mn RON (3.683 mn EUR) ► EBITDA:3,111 mn RON (933 mn EUR) ► Employees: 26,397 ► Total oil and gas production: 70,27 mn boe ► Refining: 5,92 mn tons ► Filling stations: 550 in Romania, 257 in Moldova, Bulgaria and Serbia ► Planned Investments: 1.5bn Eur / year till 2010 Petrom has activities in: ► Exploration and Production ► Exploration and Production Services ► Refining ► Marketing ► Gas, Power & Chemicals

4 Primavera Conference ► Primavera Enterprise was selected based on its ability to manage most of the “9 Knowledge Areas” of Project management Project Integration Management Scope Management Cost Management Time Management Quality Management Risk Management Procurement Management Communication Management Human Resource Management Identify adverse events Rank, Monitor and Manage Risks Identify and manage issues Link Primavera with Pertmaster What to accomplish Availability/Capacity Workloads of resources The deadline The budget Enterprise solution Publish data on web My Primavera Link documents to tasks Project Management Tool Selection ► With planned investments of 1.5 bn Euro / y in projects - need for a suitable “Project Management Tool” arose

5 Primavera Conference “In Preparing for battle, I have always found that plans are useless, but planning is indispensable” President Dwight Eisenhower (1890 – 1969) Project Management Tool Selection In Preparing for the global marketplace, I have found that planning is indispensable and dynamic models are the critical success factor

6 Primavera Conference ► Primavera Enterprise was selected based on its ability to manage most of the “9 Knowledge Areas” of Project management Project Integration Management Scope Management Cost Management Time Management Quality Management Risk Management Procurement Management Communication Management Human Resource Management Identify adverse events Rank, Monitor and Manage Risks Identify and manage issues Link Primavera with Pertmaster What to accomplish Availability/Capacity Workloads of resources The deadline The budget Enterprise solution Publish data on web My Primavera Link documents to tasks Project Management Tool Selection ► With planned investments of 1.5 bn Euro / y in projects - need for a suitable “Project Management Tool” arose

7 Primavera Conference Introduction to TotalSoft ► Totalsoft covers at present 85% of the market of Project Management applications in Romania ► Single representative of the primavera systems in eastern europe and is authorized to provide:  licenses  consultancy  training  technical support Petrom & TotalSoft Collaboration ► In Nov Petrom & Totalsoft entered into a contract & initiated their collaboration. ► The initial contracts entailed Totalsoft to provide  10 concurrent licenses for Petrom E&P and Refinery  Shared / Common database  Training of Petrom employees  Consultancy services & Technical Support - Implementation and Set up of Primavera - Develop OBS and EPS Structures

8 Primavera Conference Progress till to date : Licenses Petrom & Totalsoft YearLicense Type Licenses P3e 10 Licenses Methodology Management Primavera Licenses 10 DevPlan Converter Licenses 20 Primavera Mobile Licenses 10 My Primavera Licenses 5 PertMaster Licenses

9 Primavera Conference Progress till to date : Primavera Version Training Petrom & Totalsoft YearPrimavera Version 2004Primavera Enterprise 5 Client Desktop Primavision Citrix 2008Primavera Enterprise 6.1 Client Desktop My Primavera Citrix YearNo of Trained Users

10 Primavera Conference Progress till to date Implementation & setup: Petrom & TotalSoft 683 Domestic Assets projects 230 Drilling Projects 5 Programs

11 Primavera Conference PRIMAVERA HANDBOOK Petrom & TotalSoft 1.Introduction, General Requirements 2.Log In to Primavera 3.Primavera General Overview 1. The Workspace 2. What is a Layout? 1. Customize Projects Table 2. Customize Activities Table 4.Planning Phases 1. Planning Phase 1: Initial Schedule -> BL1 2. Planning Phase 2: Update (duration and costs) Engineering and Technical Economical Analyze before AFE 3. Planning Phase 3: Update AFE (date of issue) 4. Planning Phase 4: Planning and Budgeting according with approved AFE -> BL2 5. Planning Phase 5: Update Project (dates and costs) 6. Planning Phase 6: Update Procurement for Execution, Equipments, etc. -> Contracts award 7. Planning Phase 7: Planning Execution (based on Contract for execution) -> BL3 8. Planning Phase 8: Update Execution 5.Create the monthly report 6.ANNEX 1 – Example of Schedule 7.ANNEX 2 – Monthly Overview Report CONTENT Progress till to date :

12 Primavera Conference RESOURCE PLANNING EXERCISE ► Envisage the resource requirements during the life cycle of each Program/Project ► To optimize the usage of available resources ► To identify and reduce the over allocation of resources ► To inform other departments about the time frame when their support is required so that they can make available the required resources ► To develop a basis for resource requirement and inform HR of the same ► To have a dynamic model available which can be updated on a quarterly basis ► To have costs associated to each resource (e.g. daily rates) Petrom & TotalSoft Progress till to date

13 Primavera Conference PETROM AND TOTALSOFT EXTERNAL SUPPORT July 2006 : Petrom E&P ordered Total Soft’s PM Services for Abandonment and Waste Management Project ( 7 specialists and 1 PM) Today : Petrom and Total Soft partnership refers to 3 Programs and 24 Total Soft specialists: Abandonment and Waste Management Project Well Modernization PMO

14 Primavera Conference Petrom & TotalSoft WAY FORWARD Continue working together to achieve excellence in Project Management Conduct Risk Analysis workshops for all programs Keep the database neat and clean Link the monthly progress report to Primavera Implement a testing database