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performance through people

performance through people. Company Presentation. Summary. Pier Offshore Management Services AS (POMS) was founded in 2006 by a senior rig industry team. The business idea is to provide full operational management during construction and operation of drilling units.

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performance through people

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  1. performance through people Company Presentation

  2. Summary • Pier Offshore Management Services AS (POMS) was founded in 2006 by a senior rig industry team. The business idea is to provide full operational management during construction and operation of drilling units. • Experience is key to both getting contracts with oil companies and to operational performance on units. With the strong increase in the number of drilling units in the market, and entry of a number of players without operational experience, we believe experienced teams to handle operations will be in great demand going forward. • POMS offers experienced rig management teams to our clients, both during the construction period and for the actual operations phase. Through our network and with innovative incentives we are confident that we can attract a broad set of the most attractive people in the industry. • POMS has taken on management contracts from two customers: Sevan Drilling and Skeie Drilling and Production. A team has been set up in Trondheim to handle these two customers. Staffing of first units is progressing very well.

  3. Strategic building blocks

  4. Client Portfolio • Sevan Drilling Pte Ltd (www.sevanmarine.com) • Scope of services: Full operational rig management during construction and operation of Sevan Drilling Unit #1. • Effective contract date, 1 August 2006 • Drilling rig currently under construction in China for a 6-year firm contract withPetrobras in Brazil • CommencementQ1, 2010 • Skeie Drilling & Production ASA (www.skeiedrilling.com) • Scope of services: Full operational rig management during construction and operation of 3 newbuild Jack-up units plus options • Effective contract date, 1 September 2006 • Design, KFELS Class N, (designed for dual mode operation; drilling / production) • Delivery March, August, December - 2010

  5. Key Management and Operational Experience Management Operational experience • Stein Eggan, President/CEO • BA (Hons) Business Organisation from Heriot-Watt University, Edinburgh. • Has 15 years experience from the oil & gas industry and has held several positions within Golar-Nor Offshore, PGS and Teekay Petrojarl, latterly as Vice President Business Development. • Willy Tørhaug, Chief Operating Officer • Certified Drilling Superintendent / Company man and has over 30 years experience from offshore drilling operations. • Has held various positions within Golar-Nor, Transocean and Ocean Rig ASA, latterly as Senior VP Operations from 1997. • Dag Eggan, QHSE Director • M.Sc in Environmental Engineering from Norwegian University of Science and Technology in Trondheim. • Has 10 years experience working with QHSE issues for the international offshore drilling industry and has held various positions in Polycrest and Ocean Rig ASA, latterly as Senior VP HES&Q from 2003. • Operation of Offshore Units from shallow to ultra-deep harsh environment waters • Start-up and running of a new Drilling Company, i.e. Ocean Rig • Development of total integrated HES&Q management system for overall management of a drilling contractor to comply with requirements from both regulators and operators • Operational interface to yard/new-build projects • Co-ordination and preparation of safety/risk- and working environment related analysis/assessments required to achieve compliance with class, flag state and coastal authorities • Preparation of required applications for Regulatory Compliance, and interface with relevant regulators /Clients to achieve final operational Certification in relevant countries • Recruitment and training of operational personnel to professionally operate the unit, meeting the qualification requirements as defined in the HES&Q management system and set forth by clients/regulators • General operational management of offshore unit(s) on behalf of Owner • Business Development, Marketing/Contract Management

  6. Operational Management Services – Scope of Work Emergency Preparedness management Personnel management including recruitment, training, salary, tax Development and implemenation of total integrated QHSE Management System Budget and cost management / reporting / unit insurance Execution of Drilling Contract including operational/ admin. interface with Client Client Oilco Operation Pre -operation Contract management / Marketing / Tenders Regulatory Compliance/ Class/ Flag State and Coastal Authority management

  7. Project supervision and operations preparations Responsibility and Mandate • OPERATIONS • Prepare Operational Documentation • Prepare Maintenance Procedures • Prepare Acceptance Criteria • Assist Project and Verify Operability • System by system • Area by area • Accept and Operate • Coastal Authority Certification (PSA) • Client Interface • CONSTRUCTION PROJECT • Supervise the engineering, construction, documentation and delivery of the Rig: • Fully commissioned • Documented • Certified (Flag State and Class) • Ready for Operations FORMAL HANDOVER DELIVERY ACCEPTANCE

  8. Operational Framework/Management System approvals CONTINUOUS OPERATIONAL MANAGEMENT SUPERVISION AND VERIFICATION • OPERATIONS MANAGER • (PIER Offshore Management Services) • Operational Management Planning and Supervision • Facilitation, development and implementation of integrated QHSE Management System, Operation Processes and Procedures to ensure Regulatory / Client Compliance (including Regulatory Certification Processes). • OPERATIONS COMPANY • (Client Operations Group) • Execution of Drilling Contract and daily management of Rig Operations under direct supervision and guideance of Operations Manager • MANAGEMENT MONITORING • (PIER Offshore Management Services) • Overall Management Verification and Auditing on behalf of Owner to ensure continuous maintenance of: • Regulatory Compliance • Client / Contract Compliance • Internal Management System Compliance • Experience Transfer & Continuous Improvement (between fleet and other management contracts) • POMS’ Operational Framework accepted by Petrobras for Operations Management of the first Sevan Driller unit under contract with Petrobras. • Operations Framework also accepted by StatoilHydro as part of the pre-qualification audit performed on Skeie Drilling & Production. KEY PERFOMANCE INDICATORS MONITORING & CONTINUOUS IMPROVEMENT

  9. QHSE Management System Framework accreditation • Achilles accreditation (Joint Qualification System for the Offshore Industry) achieved for both Sevan Marine and Skeie Drilling & Production based on QHSE Management System framework developed by POMS. • Pre-qualification QHSE audit performed by StatoilHydro 4th June 2008 to assess operational set-up and management system framework against Statoil’s qualification requirements (NORSOK S-006) with only a few minor obeservations identified

  10. Integrated QHSE management System Model QHSE Management System Key Management System Elements

  11. Extensive network and in-house competence combined with on-line application database • Recruitment of both onshore and offshore positions through world-wide network. • In-house database with more than 1500 qualified candidates. • Senior project management people available on short term notice for overseas assignment. • Liason with local representatives.

  12. Recruitment and on-line application system Client specific positions Detailed qualification requirements On-line application

  13. OPERATIONS MANAGEMENT FRAMEWORKOPERATIONS MANAGEMENT – KEY COMPANY STRUCTURE UNIT OWNER CLIENT COMPANY (Owner & Contract Holder) Rig Company 1 Rig Company 2 Rig Company 4 Rig Company 3 Management Agreement PIER Offshore Management Services AS(Overall Management Supervision) Operations Company PIER “NewCo” (“Single Purpose” (SPC) Operations Management Company) (100% controlled by PIER Offshore Management Services AS or 100% controlled by Client Company)

  14. Operational Organisation FrameworkTypical Onshore Management Organisation – Established for each Client/Unit Owner

  15. Operational Organisation FrameworkTypical Rig Offshore Organisation – Semisubmersible MODU’s (Drilling) Offshore Installation Manager (OIM) Dayshift/NightshiftPersonnel 12 hours shiftPersonnel Radio Operator Camp Boss Medic Safety Officer Total Crew No. onboard : 67 Rig Superintendent 2 x Storekeeper Subsea Section Leader StabilitySection Leader Technical Section Leader Electrical Section Leader Drilling Section Leader(Toolpusher) 2 x Subsea Engineers Stability S.L. II Tourpusher 2 x Electricians Ass. Tech. Sect. Leader 2 x Electronics 2 x Driller 4 x Engine Room Op’s 4 x DP Operator 2 x Assistant Driller 2 x Motormen 2 x Deck Foreman 2 x Derrickman Hydraulic Engineer 2 x Crane Operators 2 x Pumpman Rig Mechanic 8 x Roustabouts Welder 8 x Roughneck

  16. Operational Organisation FrameworkTypical Rig Offshore Organisation – FDPSO Unit (Drilling/Production) Offshore Installation Manager (OIM) Permanent Crew Onboard - # 25 Drilling Mode Crew – # 14 Admin. Camp Boss Production Mode Crew - # 7 Medic Safety Officer Pending Activity Crew – # 8 Rig OperationsSuperintendent Total Crew No. Drilling/Production Mode - # 59 1+(1) x Storekeeper* ProcessSection Leader Marine / StabilitySection Leader Technical Section Leader Electrical Section Leader Drilling Section Leader(Toolpusher) Stability S.L. II 2 x Process CCR Op. Tourpusher 2 x Electricians Ass. Tech. Sect. Leader 4 x Process Operator 1 x Electronics 1+(1) x Driller* Engine Room Op. 2 x CCR Operator 2 x Assistant Driller Motorman Subsea Section Leader 2 x Deck Foreman 2 x Derrickman Hydraulic Engineer 2 x Crane Operators 2 x Subsea Engineers 2 x Pumpman Rig Mechanic 3+(3) x Roustabouts* Welder 6 x Roughneck * Number in brackets (#) indicates additional number for full Drilling or combined Drilling/Production mode activity.

  17. SEVAN DRILLER ORGANISATION - BRAZIL CONTRACTUAL STRUCTURE FOR BRAZIL OPERATIONS

  18. Business Models • Consulting Agreement • Defined scope of work and deliverables • Building supervision • Project management • Term Sheet • Pre operation phase • Recruitment / training • Documentation • QHSE/Management systems • Management Agreement • Full rig operation

  19. Contact details Pier Offshore Management Services AS Havnegata 9, Brattøra P.O. Box 1218, Pirsenteret 7462 Trondheim Norway Tel +47 73 10 84 00 Fax +47 73 51 05 01 Email mail@poms.no Web www.poms.no

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