GSP Rebranding campaign

August 1, 2007

Grup Servicii Petroliere (GSP) is launching today its new website: www.gspdrilling.com as a part of its rebranding campaign.

GSP promotes transparency, believes in communication, and respects the accuracy and readiness of information. From our desire to inform and stay in touch with our publics, we have launched today GSP’s new and improved website, as an important communication tool.

The new website features complete and complex information covering issues as: general and particular information about the company and its assets, its policies and strategy; comprehensive information about its on-going operations, as well as interactive tools as the photo gallery, press releases, job applications, and the company’s presentation and monthly inside magazine.

The launching of GSP’s website is completing the rebranding campaign the company has undertaken these last months, and is a part of a more comprehensive campaign: the rebranding of all the companies inside the UPETROM GROUP. Today, all the companies inside the UPETROM GROUP (GSP, UPETROM – 1 MAI, UPETROM TRADING & ENGINEERING, FOSERCO, AQUAFOR INTERNATIONAL, UPETROM – 1 MAI Kazakhastan, NAVYMAR SHIPPING, VEGA TURISM) have been integrated and defined in terms of the corporate communication.

General Information:

GSP provides offshore drilling and drilling related services. The professional experience of the company’s over 700 employees led along time to great successes in offshore drilling. GSP is a company with 100% private share capital.

GSP contributed and continues its endeavors to the exploitation of the submerged fields of oil and gas in the Persian Gulf, on the Romanian continental shelf, on the Greek continental shelf, the Turkish and Bulgarian continental shelves.

Further Information:

Radu Petrescu Tel.: +40 2317014, Fax: +40 2319192
radu.petrescu@gspdrilling.com

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