The company's purpose is the purchase, sale, rental, management, installation, production, distribution, planning, as well as consulting and providing assistance in the sector of floating and fixed installations used for transporting, filling, unloading, storing, and prospecting oil and other liquids. Taking stakes in all companies in Switzerland and abroad and their financing, in any form, with the exception of any stake in companies holding residential real estate in Switzerland. Furthermore, it may undertake any activity not prohibited by Swiss law, in Switzerland or in any country, i.e., within this framework, any commercial, financial, or industrial activity. The company may grant loans and other forms of financing to other companies in the group and to third parties (including companies that are direct or indirect shareholders of the company and companies directly or indirectly owned by them), as well as provide guarantees in favor of these same companies and to third parties (including, but not limited to, the direct or indirect shareholders of the company or companies directly or indirectly owned by them) for all kinds of commitments, in particular in the form of guarantees, sureties, pledges, or fiduciary transfers of the company's assets, or provide guarantees, take security, or otherwise guarantee the commitments of the company or these other companies, for a fee or not. It may also grant licenses, acquire and assign any license and any intellectual property right. The company may carry out all operations and acts that seem conducive to the achievement of its purposes or that are compatible with these purposes. It may finally create subsidiaries and branches, and acquire real estate in Switzerland and abroad, it being specified that any real estate that could be held within the framework of the aforementioned activities will be exclusively allocated to commercial use.
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