Azfen Joint Venture
31, Istiglaliyat str. Baku, Azerbaijan, AZ 1001 Baku, AZE 1001 Azerbaijan www.azfen.com	Contact:	+99412 492 57 27 (Fax)

Company Overview Established in 1996, "AZFEN" is the leading Regional construction company providing International Standards services. Services include engineering, construction, installation and manufacturing. Company is fully committed to the policy of no accidents and no harm to people and to the environment. "AZFEN" is operating Quality Management System in compliance with the requirements of ISO 9001 series of standards. Dynamic tendering policy of "AZFEN" and its openness to work in alliances and consortiums led to successful completion of over 60 projects within 10 years. Key Facts - Early Oil Project (EOP) Baku-Supsa Crude Oil Export Pipeline Construction (Azerbaijan section); Tekfen-Azfen Alliance; Client-AIOC - EOP Mechanical, Electrical and Instrumentation Works at Sangachal Terminal; Azfen; Client-AIOC - EOP Pump Stations and Pressure Reducing Stations Construction (Georgia); Tekfen-Azfen Alliance; Client GPC (Georgian Pipeline Company) - Full Field Development (FFD) Program - Sangachal Onshore - Terminal Expansion; Tekfen-Azfen; Client-BP - Apsheron Peninsula High Pressure Gas Pipeline Construction; Tekfen-Azfen Alliance; Client- Mitsui-Toyo Corporation - ACG FFD STB-1 Barge Upgrade; Azfen; Client-Saipem - ACG FFD Compression & Water Injection Platform Topsides Fabrication; Amec-Tekfen-Azfen Consortium; Client-BP -In September 2004, ATA (Amec-Tekfen-Azfen) Consortium was awarded PCWU Platform fabrication project within phase III of ACG FFD project. The project is ongoing and planned completion date is January 2008; Amec-Tekfen-Azfen Consortium; Client-BP Key Financial Facts - Amount of work done in 2005: $ 81,000,000 Personnel - Peak number of employees to date: 3600

Primary Line of Business: Engineering Ownership: Private Number of Employees: 4000

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