Operational Management Services

Pier Offshore Management Services AS
–

Company Presentation Page
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Company Presentation

Pier Offshore Management Services AS
–

Company Presentation







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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.



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Company Presentation







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Strategic building blocks






Business idea

To build an independent
offshore drilling and
production management
services company

Scope of work

Operation of offshore
mobile drilling and
production units

Ambition

Become a world
-
leading
supplier of professional
drilling and production
management services

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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
with

Petrobras

in
Brazil

–
Commencement

Q1, 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

Pier Offshore Management Services AS
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Key Management and Operational Experience



Operational experience

Management

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

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Operational Management Services
–

Scope of Work

Development and
implemenation of total
integrated QHSE
Management System

Emergency
Preparedness
management

Budget and cost
management / reporting
/ unit insurance

Personnel management
including recruitment,
training, salary, tax

Regulatory Compliance/
Class/ Flag State and
Coastal Authority
management

Contract management /
Marketing / Tenders

Client

Oilco

Pre
-
operation

Operation

Execution of Drilling
Contract including
operational/ admin.
interface with Client

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FORMAL HANDOVER

DELIVERY








ACCEPTANCE


CONSTRUCTION PROJECT

Supervise the engineering, construction,
documentation and delivery of the Rig:



Fully commissioned



Documented



Certified (Flag State and Class)



Ready for Operations




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

Project supervision and operations preparations

Responsibility and Mandate

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Operational Framework/Management System approvals





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.

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:


o
Regulatory Compliance

o
Client / Contract Compliance

o
Internal Management System
Compliance

o
Experience Transfer &
Continuous Improvement
(between fleet and other
management contracts)


CONTINUOUS OPERATIONAL MANAGEMENT SUPERVISION AND VERIFICATION

KEY PERFOMANCE INDICATORS MONITORING & CONTINUOUS IMPROVEMENT

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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

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QHSE Management System



Key Management System Elements

ELEMENT

ADRESSING

Leadership,
communication and
commitment

Top
-
down
-
top commitment and company culture
essential to the success of the system. Employee
participation is a key factor.

Policy and strategic
objectives

Corporate intentions, principles of action and
aspirations with respect to all aspects of the
operations

Organisation, resources
and documentation

Organisation and qualifications of people, allocation
of responsibility and resources and documentation
of sound QHSE performance and Total Service
Quality

Evaluation and risk
management

Identification and evaluation of risks, for activities,
products and services, and development of risk
reducing measures/barriers

Planning

Planning the conduct of the work activities,
including planning for changes and emergency
response

Implementation and
monitoring

Performance and monitoring of activities, and how
corrective action is to be taken when necessary

Auditing and reviewing

Periodic assessments of system performance,
effectiveness and fundamental suitability as basis
for continuous improvement


Integrated QHSE management System Model

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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.



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Recruitment and on
-
line application system

Client specific positions


Detailed qualification requirements

On
-
line application

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Operations Company PIER “
NewCo
”

(“Single Purpose” (SPC) Operations Management Company)


(100% controlled by PIER Offshore Management Services AS
or 100% controlled by Client Company)



UNIT OWNER

CLIENT COMPANY

(Owner & Contract Holder)


Management Agreement

Rig
Company
2

OPERATIONS MANAGEMENT FRAMEWORK

OPERATIONS MANAGEMENT
–

KEY COMPANY STRUCTURE


PIER

Offshore Management Services AS

(Overall Management Supervision)


Rig
Company
1

Rig
Company
3

Rig
Company
4

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Operational Organisation Framework

Typical Onshore Management Organisation
–

Established for each Client/Unit Owner

Operations Manager
(Units/Rigs)
CLIENT / OWNER
CEO/President
E&I Manager
Marine Manager
Drilling Manager
Maintenance Manager
Personnel Manager
Accounting/Payroll Manager
Drilling Eq. Specialist
Administration/
Document Control
Operational/Technical Support
Manager
Supply/Purchasing Manager
QHSE Manager
Process Manager
(As Applicable)
OWNER RIG MANAGEMENT COMPANY
Managing Director
Business Development/
Marketing
Human Resources
Manager
Office Administration
Manager
Chief Operating Officer
QHSE Director
Finance/Accounting
Manager
IT Support
OWNER / CONTRACT
HOLDER COMPANY
OWNER OPERATIONS
MANAGEMENT COMPANY
OPERATIONS BASE ORGANISATION
Owner Rig
No. 1
Rig Manager
Ass. Rig Manager
(PENDING CONTRACT)
QHSE Advisor
Supply/Purchasing
Personal Co
-
ordinator
Technical Superintendent
Technical Limit Co
-
ordinator
(PENDING CONTRACT)
Rig Accountant
Owner Rig
No. 2
Rig Manager
Owner
Rig No. 3
Rig Manager
Rig Offshore Organisation
OIM
Org. Structure as for Rig No. 1
Org. Structure as for Rig No. 1
Drilling Eq. Specialist
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Operational Organisation Framework

Typical Rig Offshore Organisation
–

Semisubmersible MODU’s (Drilling)

Offshore Installation Manager
(OIM)

Subsea

Section Leader

Stability

Section Leader

Technical

Section Leader

Drilling Section Leader

(Toolpusher)

Rig

Superintendent

Radio Operator

Medic

Camp Boss

Safety Officer

2 x Storekeeper

Electrical

Section Leader

Ass. Tech. Sect.
Leader

4 x Engine Room Op’s

Hydraulic Engineer

Rig Mechanic

2 x Motormen

Welder

2 x Electricians

2 x Electronics

2 x Driller

2 x Assistant Driller

2 x Derrickman

2 x Pumpman

8 x Roughneck

Tourpusher

4 x DP Operator

2 x Deck Foreman

2 x Crane Operators

8 x Roustabouts

2 x Subsea Engineers

Stability S.L. II

Dayshift/Nightshift

Personnel

12 hours shift

Personnel

Total Crew No. onboard : 67

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Operational Organisation Framework

Typical Rig Offshore Organisation
–

FDPSO Unit (Drilling/Production)

Offshore Installation Manager
(OIM)

Marine / Stability

Section Leader

Technical

Section Leader

Drilling Section Leader

(Toolpusher)

Rig Operations

Superintendent

Admin.

Medic

Camp Boss

Safety Officer

1+(1) x Storekeeper*

Electrical

Section Leader

Ass. Tech. Sect.
Leader

Engine Room Op.

Hydraulic Engineer

Rig Mechanic

Motorman

Welder

2 x Electricians

1 x Electronics

1+(1) x Driller*

2 x Assistant Driller

2 x Derrickman

2 x Pumpman

6 x Roughneck

Tourpusher

2 x CCR Operator

2 x Deck Foreman

2 x Crane Operators

3+(3) x Roustabouts*

2 x Subsea Engineers

Stability S.L. II

Permanent Crew Onboard
-

# 25

Drilling Mode Crew
–

# 14

Total Crew No.
Drilling/Production Mode
-

# 59

Subsea

Section Leader

Process

Section Leader

2 x Process CCR Op.

4 x Process Operator

Production Mode Crew
-

# 7

Pending Activity Crew
–

# 8

* Number in brackets (#) indicates additional number for full Drilling or combined Drilling/Production mode activity.

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SEVAN DRILLER ORGANISATION
-

BRAZIL

CONTRACTUAL STRUCTURE FOR BRAZIL OPERATIONS

Petrobras
E&P
SERV
(Brazil)
Sevan Marine Serviços
de Perfuração Ltda.
Personnel & Svcs
Sevan Drilling Ltd. (UK)
Equipment
Sevan Drilling Pte. Ltd.
Singapore
(To be confirmed)
Unit Owner
Offshore Legal Entities
Internal
Charter Agreement
Contractual Relationship
Sevan Marine Internal Relationships
Sevan Marine do Brasil Ltda.
Brazilian Legal Entity
Sevan Drilling AS
(To be replaced by Sevan Drilling Rig II Pte.)
Stockholders
Pier Offshore Management Services AS
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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








Pier Offshore Management Services AS
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Company Presentation







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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