The retirement, savings, and welfare funds of the oil industry have extended the deadline for submitting the power of attorney for purchasing Tabaan shares for employees, retirees, and survivors of the oil industry until November 15, 2023. This action aims to facilitate the registration process for applicants who have not yet submitted their power of attorney.
Details of the Extended Deadline and Registration Process
Applicants who have previously registered in the Sama system but have not yet submitted their power of attorney can complete their registration until November 15. This opportunity allows individuals to benefit from purchasing Tabaan shares by submitting their power of attorney.
Read more: The supply of marine fuel in Europe and Africa has been limited due to high demand
Power of Attorney Forms and Requirements
Applicants can use Form Number One, which was previously available in the Sama system, or Form Number Two, which is now uploaded in the system. Both forms are valid for finalizing the registration and are sufficient for applicants. Individuals who have previously submitted Form Number One do not need to resubmit the power of attorney, and their registration is considered finalized.
Implications of This Action for the Oil Industry
The extension of the deadline for submitting the power of attorney reflects the retirement funds' commitment to addressing the needs of employees and retirees in the oil industry and can help strengthen the spirit of cooperation and participation in this sector. Additionally, this action may be effective in increasing investment and strengthening the economy in this area.
Applicants can download the related power of attorney file from the Sama system, and if they need more information, they can refer to this system.
Read more: Reconfirmation of the Jack Da gas field in the North Sea by the UK government · Increase in BP and TotalEnergies investment in the USA
