CORPORATE PRESENTATION JAN 2019

Transcription

1 CORPORATE PRESENTATION JAN 2019

2 Presentation Outline Dynamic Drilling - Overview Current Operating Fleet Management Experience QHSE Advantage

3 Overview Incorporated in India, One of the fastest growing ISO 9001, & offshore drilling contractor Management consists of prominent Industry leaders & professionals with excellent track record Over 30 Years of management experience in operating Jack Up rigs in India, Key Management leadership responsible for starting the leased rig concept in India Currently operating two 300ft Jackup rigs with ONGC on long term contract. Executed six long term contracts of Jack Ups rigs and one long term contract for 1000ft floater with ONGC. In 2013 Company constructed 350ft New Generation Jack Up Rig in world renowned Keppel Shipyard, Singapore, A group company is constructing a 350ft Jack Up (Le Tourneau Super 116-E) at COSCO Dalian Shipyard, China with option of two additional rigs of the same design

4 Organisational Structure BOARD OF DIRECTORS Corporate Office Delhi President CFO VP BD COO OPEARTIONS QHSE HEAD VP CONSTRUCTION CHIEF GM HEAD HR CHIEF GM BD DRILLING MANAGER PROJECT TEAM GM HEAD ADMIN DRILLING SUPDT. RIGS MANAGER QUALITY DGM HEAD IT MANAGER SAFETY MANAGERS MANAGERS EXECUTIVES EXECUTIVE PROCUREMENT COORDINATOR LOGISTIC COORDINATOR HELIBASE COORDINATOR OFFICE PERSONNEL COORDINATOR RIG CREW QHSE OFFICER

5 Experienced & Seasoned Management Key management team with vast industry experience Ex-key members in ONGC/Reliance/Jindal Drilling and multinationals with the following credentials :- Operated up to 5 Jack Up rigs including 2 rigs owned via joint venture(s) Negotiated more than 30 rig chartering contracts in current and previous company in India. Supervised the construction of 3 KFELS B Class Jack Up rigs including Discovery-I and Virtue-I in previous company with enhanced capabilities to better suit drilling operations in India All rigs delivered before schedule and on budget Managed ~99% operational uptime for Discovery-I and Virtue-I since delivery

6 Current Operating Fleet Name Owner RIG Type/Design/Classification VICTORY DRILLER VICTORY DRILLING LTD 300 FT/MLT 116 C/ABS Class Operator ONGC, INDIA Contract Status FEB, 2018 FEB, 2021 Name Owner RIG Type/Design/Classification Operator Contract Status VALIANT DRILLER JACKUP DRILLING LTD 300 FT/MLT 116 C/ABS Class ONGC, INDIA OCT, 2018 OCT,2021

7 Contract Executed Name Owner RIG Type/Design/Classification Operator Contract Status NOBLE DUCHESS NOBLE CORPORATION, USA 1500 FT/DRILLSHIP/ABS Class ONGC, INDIA MAY, 2012 OCT, 2015 Name Owner RIG Type/Design/Classification Operator Contract Status NOBLE KENNETH DELANEY PARAGON ( MIDDLE EAST ) LTD 300 FT /F&GL 780 MOD II/ABS Class ONGC, INDIA OCT, 2010 MAY, 2014

8 Contract Executed Name Owner RIG Type/Design/Classification DYNAMIC VISION VISION DRILLING PTE LTD 350 FT/KFELS B Class/ABS Class Operator ONGC, INDIA, FEB, 2013 MAR, 2018 Contract Status AVAILABLE Name NOBLE ED-HOLT (PARAGON L1112) Owner PARAGON OFFSHORE DRILLING LLC RIG Type/Design/Classification 300 FT/LEVINGSTON III-C/ABS Class Operator ONGC, INDIA Contract Status OCT, 2015 SEP, 2018

9 Contract Executed Name Owner RIG Type/Design/Classification PARAGON M1161 PARAGON (MIDDLE EAST) LTD 350 FT/KFELS B Class/ABS Class Operator ONGC, INDIA Contract Status APR, 2015 MAR, 2018 Name Owner RIG Type/Design/Classification Operator Contract Status PARAGON L786 PARAGON (MIDDLE EAST) LTD 300 FT /F&GL 780 MOD II/ABS Class ONGC, INDIA MAR, 2015 MAR, 2018

10 Contract Executed Name Owner RIG Type/Design/Classification Operator Contract Status VALIANT DRILLER JACKUP DRILLING LTD 300 FT/MLT 116 C/ABS Class ONGC, INDIA MAR, 2015 FEB,2018 Name Owner RIG Type/Design/Classification VICTORY DRILLER* VICTORY DRILLING LTD 300 FT/MLT 116 C/ABS Class Operator ONGC, INDIA Contract Status JAN, 2014 FEB 2017 *Rig Operated by sister concern Dynasty Oil

11 Rig Available Available for Charter Name : Dynamic Momentum Rig Type : Jack Up Design : Le Tourneau Super 116E Water Depth : 350ft Classification : ABS Class Year Built : Under construction Status : Under Construction at COSCO, Dalian Contract status : Available for charter from Q Name : Dynamic Vision Rig Type : Jack Up Design : KFELS B CLASS Water Depth : 350ft Classification : ABS Class Year Built : 2013 Operator : Worked with ONGC (Feb 2013 Mar 2018) Contract status : Available for Charter from Q2 2018

12 QHSE Oil Industry Safety Directorate (OISD), Offshore Regulatory Authority of India, approved QHSE management system in place in line with IADC guidelines for Offshore operations and other international benchmarked guidelines All rigs have gone through IADC & API safety cases to ensure the safety integrity for all operations. OISD has awarded Rig Dynamic Vision for Best Overall Safety Performance in Offshore Rigs category Well worked out bridging documents and safe practices on well barrier systems, emergency response plans and drills in place Comprehensive Training & Competence Management in place All safety audits are followed up by third party independent auditors and OISD auditors Emphasis on critical safety systems like Power Management System (PMS), Emergency Shutdown Systems (ESD), Fire & Gas detection systems and Life Saving systems ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) & ISO 18001:2007 (OHSAS)

13 QHSE Comprehensive QHSE Management System based on OHSAS 18001/ HSG 65 Model incorporating elements from MODU/ SOLAS/ MARPOL / API/ OISD others: Leadership and Accountability Organisation, responsibilities, resources, standards and documentation Evaluation and risk management Planning and procedures Occupational Health Implementation and performance monitoring Management of Change HSE Communication process Auditing and review Incentives Environmental Friendly Policy & Practices (MARPOL Compliant) and

14 Emergency Response & Security Team in place for proper addressing and mitigating measures for compliance to various contractual, regulatory and taxation issues Tested management systems in place for implementing Emergency response systems with Offshore Defence Advisory Group (ODAG), Oil Spill Containment agencies, MediVac infrastructure and other operation related services Management of Quick Response Team (QRT) for implementing, shore and rig based, the mandatory International Ship and Port Facility Security (ISPS) code Well established and networked Air and Marine Logistics support group in place Company Security Officer (CSO) in place for smooth coordination of all security related drills and observations with Ship Security and safety Officer (SSO) on board. All rigs voluntarily equipped with Automated Identification System (AIS)

15 Asset Integrity Management Asset Integrity is based on these guiding principles: Robust and Audit based QHSE Management System Risk based and assessed Computerised Maintenance Management System (CMMS) with in-built Quality and safety modules IADC KSA (Knowledge, Skills and Ability) based Competency building and development of the most vital resource Our People Location specific Emergency Response Plan management system Underpinning of the Asset Integrity Management System is A Competent Shore-based and Rig-based workforce backed by a responsive and responsible Company Management System An integrating focus on People and Process Safety is the underpinning of all Business Goals

16 Safety Award to Dynamic Drilling s Rig Dynamic Rig Dynamic Vision operating with ONGC has recently been awarded the prestigious Oil Industry Safety Award (OISD) for Best Overall Safety Performance in Offshore Rigs category during the year by Mr. Dharmendra Pradhan, Ministry of State (Independent Charge) for Petroleum & Natural Gas in recognition of its overall Best Safety Performance.

17 Noble Chairman Award 23 August 2011 In the Jackup category, the Noble Kenneth Delaney, working in the Middle East and India Division, completed 2010 with no serious unplanned events (average Risk Potential of Low ) and a Total Recordable Incident Rate (TRIR) of 0.00.With the 2010 Chairman s Award we are specifically measuring Process Safety as an award criterion. In this regard the Noble Kenneth Delaney closed out 100% of all maintenance work orders on Safety Critical Equipment.

18 Strategic Alliance Paragon is the leading provider of standard specification offshore drilling services and owns a fleet of 40 rigs and operate in five continents. Noble Corporation is one of the largest Drilling Contractor in World. Company started its operation in collaboration with Noble in India. Ezion Holdings is a Leader in the development, ownership and chartering of strategic offshore assets, Bought multiple Standard rigs SEACOR Holdings Inc. (SEACOR) is a diversified, multinational company that owns and operates marine and aviation assets primarily servicing the oil and gas, industrial aviation, and marine transportation industries, Keppel Corporation, Singapore - World Leader in Offshore Construction and Shipbuilding and has received equity investment from the same in its asset owning company

19 Strong Industry Relationship

20 THANK YOU DYNAMIC DRILLING & SERVICES PVT LTD , 6th Floor, DLF Towers, Shivaji Marg, New Delhi (INDIA) Tel : +(91) , Fax: +(91) marketing@dwdspl.com DYNAMIC DRILLING & SERVICES PVT LTD Office No. A, 8 th Floor, The Summit Business Bay, Prakashwadi, Andheri Kurla Road, Andheri East, Mumbai (INDIA) Tel : +(91) , Fax: +(91) marketing@dwdspl.com w w w. d w d s p l. c o m