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Poseidon Services; S.A. All rights reserved Copying, reproduction, modification, publishing, transmitting or distribution of these contents in any way is strictly prohibited without prior written consent from Poseidon Services,S.A. Thursday,25 March 2004 The Agency BreakdownRestrictionsContact usSuggestionsNewsPOSEIDON SERVICES, S.A." DEDICATION, COMMITMENT AND FOCUS,THAT'S HOW WE LEAD" Write us -------------------------------------------------------------------------------- home Venezuelan Marine Notice POSEIDON SERVICES, S.A. IS LARGELY OWNED BY A HOLDING OF COMPANIES CALLED "CORPORACION COREPLY DE VENEZUELA" (CCV) THAT MAINLY DEALS WITH THE OIL INDUSTRY IN VENEZUELA HAVING A PARTNERSHIP IN MATURE OIL FIELDS WITH PDVSA AND THE ARGENTINIAL CONGLOMERATE "PEREZ-COMPANC". THIS PARTNERSHIP IS CURRENTLY PRODUCING APROX. 70.000 BPD. NONTHELESS, POSEIDON?S HISTORY GOES BACK TO 1974 WHEN MR. EDUARDO (EDDIE) WANNISSIAN CREATED VENSPORT C.A. ALONG WITH MR. RUBEN ORTEGA SENIOR AND WORKED TOGETHER UNTIL LATE 1991 WHEN DECIDED TO SPLIT AND WORK SEPARATELY. THAT YEAR C.C.V. WAS CREATED AND WAS GRANTED THE FIRST OIL FIELD IN JUNE 1992 AND A SECOND ONE IN 1997 UNDER THE ROUNDS OF OPERATIVE AGREEMENT HELD BY PDVSA. IN 1997 THE HOLDING DECIDED THAT THEY WERE TO RESUME ACTIVITIES IN THE SHIPPING INDUSTRY AND POSEIDON SERVICES WAS OPENED IN AUGUST 1997. SINCE THEN A SELECT GROUP OF CLIENTS SUCH AS PDVSA, VENFLEET LTD, CITGO PETROLEUM , CITGO ASPHALT, HEIDENREICH MARINE, TEEKAY SHIPPING, O.S.G., AMONG OTHERS, HAVE BEEN SUPPORTING STRONGLY THE COMPANY. -------------------------------------------------------------------------------- BACKGROUNDHow could POSEIDON SERVICES add value to your good companyQuality PolicyClients -------------------------------------------------------------------------------- TopMain The Agency BreakdownRestrictionsContact usSuggestionsNews In 1997 the holding decided that they were to resume activities in the shipping industry and poseidon services was opened in august 1997. Poseidon Services S.A. - Puerto Cabello