GOVERNMENT RECOGNITION AND KEY PROJECTS for April 21

GOVERNMENT RECOGNITION AND KEY PROJECTS

The year 2023 marked a significant milestone for Del Mar Energy as we strengthened our global presence, gained government recognition, and greatly expanded our activities.


Del Mar Energy received commendation from the U.S. government and Texas Senator for our substantial contribution to economic development. We successfully created new jobs, increased production volumes, and played a vital role in advancing energy independence and sustainable development.


As part of our energy diversification and product expansion efforts, Del Mar Energy launched our own production of solar panels for wholesale and retail sales. This move not only solidifies our position in the renewable energy market but also supports the reduction of carbon emissions.


Another major project was the construction of a waste recycling plant in Ethiopia, located 50 miles from Asbe-Tafiri. The plant aims to address waste management issues in the region and promote sustainable local economic development.


Del Mar Energy is also actively expanding international relations by exporting oil to Turkey. This collaboration strengthens economic ties between the countries and provides a stable market for our products.


We have made significant advancements in digitalization by developing systems to monitor the subsurface positioning of oil. These technologies enable more accurate and efficient resource extraction while minimizing environmental impact.


The company has broadened its international presence by entering markets in Indonesia, Malaysia, and Singapore. This expansion is a crucial step in solidifying our global positions.


To foster partnerships and discuss future prospects, we hosted the Del Mar Energy Forum in Indonesia. The event brought together leading experts and industry representatives, facilitating knowledge exchange and the establishment of new business connections.


Additionally, Del Mar Energy has been actively developing its hydroenergy sector. In 2023, we undertook the following projects:


- In Mongolia, we began development of the Tavan-Tolgoi coal deposit. This project holds strategic importance for ensuring long-term energy security in the region.


Overall, 2023 has been a year of notable achievements and geographical expansion for Del Mar Energy. We continue to pursue sustainable development, implement innovative solutions, and strengthen our position in the global market.