C mpanyy Pro

Com ofilee

MB PE
ETROLEUM SERVICE
ES LLC
C
Best value well
B w site
se
ervices: sa
afer, smartter-
to
ogether witth our clien
nts

Quality, Saffety &

Q
R
Reliability a
always

MB Pe etroleum Services
S is
s a multinational corp poration
providin
ng cost-effe
fective quaality drilling
g and integ
grated welll
service
es worldwiide with thhe assurance of reliab bility and
added value to alll our stakeeholders.

M B P e t r o l e u m S e r vi c e s L L C
P.O
O.Box: 695 & PC: 111,
Bu
uilding No. 58 85
18
8th Novembe er Street,
Azzaiba North. Muscat,
Su
ultanate of Oman.
O
P h o n e : 00968
8 24580 000
Fax: 00968 24580 347
mboman@mbpetroleum.co.om
 COMPAN
NY PRO
OFILE

GE
ENERAL INFO
ORMATION

• Registered Name : M B Petroleum

P Serrvices LLC
• Registe
ered Office : P.O. Box
B 695, CPO O Seeb, Posta
al Code 111,
& Postaal Address Sultan
nate of Oman
• Comme ercial Registra
ation No. : 1/140991/4 dated 2nd
n
September 1982
in Oman n
• Type off Ownership : Limite
ed Liability Co
ompany
• Contactt Information : Telephhone +968 24 4491606, 245580000
Facsimmile +968 24 4491530, 248
850347
E-mail mbom man@mbpetro oleum.co.om
Website www.m mbpetroleum.ccom
A
ABOUT MB PETROLEUM
P M SERVICES

• Estab blished in 198

82, one of the e largest Midd
dle Eastern
oilfield services provider
p base
ed in Oman.
• Provides quality drilling and inte egrated well services
s
worrldwide with th he guarantee e of reliability and
a added va alue to all
stakkeholders.
• Operrations in Oma an, Germany, Austria, Hun ngary,
Syrria, Saudi Ara abia, Yemen, India, China, Malaysia, Ind donesia,
Philippines, New w Zealand & Australia
A
• Provider of qualityy services and d solutions to the
upsstream Oil, Ga as and Geoth hermal industrry.
• Clients include: PDDO, Shell, To otal, Exxon, Chevron,
Phillips Petroleum, Nexen, Co ontact Energyy Gas de Fran nce,
Occcidental, Saud di-Aramco, ONGC,
O Qatar Petroleum,
P SA
ASOL.
• More e than 5,200 employees.
e
• ed over 3,000 Oil, Gas and Geothermal Wells and
Drille
prove
en track recorrd of over 25,,000 work-oveer well entriess over the yea
ars.
• ISO 9001-2000
9 ce
ertified since December
D 19
997.
• Memmber of IADC and
a IWCF

L
LIST OF SHARE HOLDER
RS

Share holders
h Pe
ercentage

MB Holding Compan
ny LLC 99.99 %
Mohammed Ali Moha
ammed Al Ba
arwani 00.01%
 COMPAN
NY PRO
OFILE

CO
ORPORATE STRUCTURE
S E

LIS
ST OF KEY MANAGEMEN
M NT PERSONN
NEL AND TH
HEIR DESIGN
NATION

Names of o Key Execuutives T

Title
1. Eamon Gorman
G MB Group CE EO
2. Pinak Ch haudhuri Chief Financiial Officer
3. Kamran Haque
H CEO Oman, India & Pakisstan
4. Narendra a M Bhandari GM – P&P, Contracts
C & Business Deveelopment
5. Nigel Galllivan General Man nager Quality & HSE
6. Said Al Mufarji
M General Man nager New Te echnologies
7. Jean Marrc Braun G M Drilling Fluid
F Engg. Services
S
8. Attila Davvid Sass Manager Coil Tubing Servvices
9. Humaid AlA Balushi Manager Drilling Services
10. Khamis ala Hinai Manager Workover Servicces
11. Adrian Du uckett Manager Well Test Servicces
12. Steve Peerry Manager Wirreline Services
13. Hamyar Al A Saadi Operations Manager
M Coile
ed Tubing Serrvices
14. Hazem Eltoukhy
E Manager Mud d Logging Se ervices
15. Manoj Bh hargava Manager Fina ance
16. Azza Al Harthy
H Manager Hum man Resourcces
 COMPAN
NY PRO
OFILE

S
SERVICES AN
ND SOLUTIO
ONS

• Drilling Rig Servvices

• Woorkover & Well Services
• Weell Testing serrvices
• Wirreline & NCP Services
• Coiled Tubing, Notrogen
N & Sttimulation serrvices
• Drilling Fluids & Mud Engineeering Servicess
• Mud Logging & Geological
G Se
ervices
• Completions wo orkshop & Runnning services
• Ressearch & dev velopment and
d Customised d solutions

S
SERVICES AT
T A GLANCE
E

Drillling Services
s

• MB Petroleum owns and d operates tweenty four drilling and forty four workover rigs.
• Expertise in key wells and providing tecchnical solutio
n drilling turnk ons to drilling problems.
• Operational support in preparing well programs, materials
m ation lists, drilling proposals.
utiliza
• Full logistics support, inccluding rig mo
oving and tran nsport of commpany-supplied materials.
• Since 1998 8, MB Petroleu um is a memb ber of the Inteernational Asssociation of Drilling
D Contra
actors (IADC),, a
premiere asssociation, wh hich formulate
es drilling guiddelines and standards
s for the industry.

Worrk over and Well

W Servicin
ng

• Carried out over Twenty five thousand d hoist well entries since 1992.
• Thirty Eigh ht workover rigs
r supporteed by oilfieldd workshops and compre ehensive tran nsportation and
a
maintenancce facilities.
• Secured se everal prestig
gious contracts besides having long--term value added Workkover and Well W
Services co ontracts with major
m clients.
• Full logistics support, inc
cluding rig mooving, transpoort of company-supplied materials.
• Operational support, including preparration of well programs,
p maaterials utiliza
ation lists, sup
pport for well entry
e
proposals

Welll Testing & Production

P Services
S
 COMPAN
NY PRO
OFILE

• MB Petroleum provides these services both onsho ore

and offfshore.
• MB Petroleum offers state-of-the-art equipme ent
packa ages for all surface
s appliications, man nned by high hly
qualified, trained and experie enced professionals. The ese
packa ages often custom built to satisfy the most
m demandiing
criteria
a.
• MB Petroleum has the capability
c andd equipment to
test wells
w up to 15
5,000 Psi we ell bore presssure. Since thet
integriity of the daata collected during well testing is ve ery
importtant, MB Petroleum
P u
uses state-o
of-the-art daata
acquissition techniquues.
• The group also a providess in-line sand d manageme ent
system ms and servicces for post-ffrac clean upss. Coupled with
w
moderrn Multi Phase Flow Metters, this makes a powerrful
tool when
w developing HP/HT gas/condensate e reserves.
• MB Petroleeum develope ed equipmentt and techniq ques, aligned
d with internaational standa ards and worrld-
best practicces, makes it the preferrred services provider in the t Middle East
E with pro
oven records in
executing assigned
a jobs in an efficien
nt, cost effective and timelyy manner.

Wire
eline Service
es

• MB Petrole
eum has more e than 23 sta
ate of the art Trailer mountted Slickline Units with Inttegrated Cran
ne.
MBPS Slickkline units als
so have the capacity to execute
e High Pressure and Heavy dutyy jobs includiing
fishing.

Co
ompletions Workshop
W an
nd Completio
ons running services
s

• All Complettion Workshop activities vizz., Make-up, Break-out and Pressure te

esting
• State of Artt computerized Torque Machine
• In-house exxpertise to supervise running of Comple etion

Drrilling Fluids and Mud En

ngineering Se
ervices

• Inhouse expertise
e an
nd infrastruccture for prroviding Mu ud
Engineering g solutions bo
oth Onshore anda Offshore
• Mud Engine eering solutio
ons for HP HT T wells
• Technical expertise
e avaailable for pro
oviding Synthetic Oil Base ed
Muds
• Rig site Lab boratories for analysis and testing
• Proprietary software for Mud Reports an nd Chemica al
Manageme ent.
• Licenced so oftware for Hyydraulic analyysis – Hudpro
o
• Well established on-shore laboratory with state e-of-art testin
ng
facilities in the
t region

Mud
d Logging Se
ervices
 COMPAN
NY PRO
OFILE

• Operating Six
S state of arrt advanced Mud
M Logging Units
U
• Competent and experiennced mud loggers and Well site Geologists

Co
oiled Tubing,, Nitrogen & Stimulation services

• Coiled Tubing,
T Acid Stimulation
S & Nitrogen servvices
• Coiled Tubing
T assiste
ed rig less wo
orkovers
• Rig less Plug and Aba andonment ofo wells

Ne
ew Technologies & produ
uction solutions

• Provides innovative, customized technologiess and produ uction solutio

ons to most convention
nal and
unconventtional problemms.
• Helps incrrease oil and gas productio
on cost-effectively and safe
ely.

chnologies / solutions prrovided inclu

Tec ude:

• Self optimizing artificial lift systems for

f PCP’s, beam pumps an
nd gas lift
• Real Timee Surveillance e capability in any pumpingg well
• Multi-phasse flow meteriing solutions
• Sand tolerrant, high volu ume sucker ro od pumps
• Hydraulic jet
j pumping system
s supplyy
• Radial jet drilling systemm for ultra shoort radius
• Velocity sttring installation and optimization
• Microbial Enhanced
E Oill Recovery
• Gas Hydra ate removal / prevention withw ultrasonic emitters
 COMPAN
NY PRO
OFILE

• Microbial Biotechnology
B y & CETCO processes
p to treat
t produce
ed water

L
LOCAL FACIL
LITIES

To ensuure the integrity of our equ

uipment and tot support our oilfield operrations and maintain
m the quality of our
assets, MB Petroleum m has investeed in establish
hing large wo
orkshops, attaached to its op perations in Oman,
O Syria,
Yemen, Germany and Hungary. Full logistics and operational support, including rig moving, transport of
companny supplied materials, prep paration of weell programs, materials utilization lists, and
a support fo or well entry
proposaals are provide
ed.

MB Petrroleum has immplemented Oracle

O based Enterprise Asset
A Manage ement Systemm to centrally monitor and
maintain
n the condition of the equip
pments and assets.
a This syystem is implemented in all
a rigs.

UES Om man: MB Petrroleum througgh its sister co

ompany UES
S provides eng
gineering and
d maintenancce support to
drilling, workover and
d production services
s operrations.

The workshop has all

a the necesssary equipme ent required for major rep pair and overhauls. There e is enough
space around
a the wo
orkshop for rig up of a com
mplete rig. In addition, the
e Rusayl Oilfie
eld Center woorkshop has
its own high-pressure test bay, fabrication shop,
s sand blasting
b and painting facilities. Our opperations in
Germanny, Hungry, Sy
yria and Yemmen are suppo orted by well-e
equipped worrkshops of sim milar standard
ds.

UES Wo orkshop, loca

ated in Muscaat and caterss to the inspeection, mainte
enance & cerrtification of th he drilling &
work ovver rigs and ancillary
a equipment, The facility
f equipp
ped with, fabrrication facilitties for heavyy equipment
and vesselss, high pressure test bay, sand blasting g & paint sho op. The equip pment has a
storage yarrd for tubularss, heavy equip
pment and veessels and chemicals.

In addition MBPS has the t following field based operating an

nd logistic support bases
strategicallyy spread out across
a the Su
ultanate of Om
man

• MB Nimr Workshop, locate ed near the sites,

s caters too the inspectio on,
maintenancce & certificattion of the flee
et of about 50 00, heavy med dium and ligh ht vehicles.
• MB Fahud Ba ase, located near
n the sitess to cater to th
he certification
n of the
equipment, equipped witth high pressu ure test bay, storage & sup pply equipme ent.
• MB Fahud co ompletions wo orkshop, locaated near the sites
s to cater to the
preparationn of downhole e assemblies forf workover and Well com mpletions, equ uipped with
high pressuure test bay, storage
s & sup
pply equipmen nt.
• MB Bahja Wiire-line workshops, located d near the sitees to cater to the
inspection, maintenance e, certification & preparatioon of downhole flow-control devices,
downhole to ools, storage & supply equ uipment.
• MB Mud and chemical Lab boratory, Located in Musca at to cater to the
requiirements of th
he field operations related to mud & che emicals, (fromm nearly all thee rigs operating in
Omaan)

F
FINANCIAL S
STATUS & INFORMATION
N
Selected Financial Infformation in US $ ('000)
 COMPAN
NY PRO
OFILE

2008 200
07 2
2006 2005 2004
Revenues 986,4
490 640
0,859 406,422
4 321,489 223,514
Gros
ss Profit 170,0
070 158
8,160 63,197 51,009 39,567
Earn
nings before
e Income tax 86,5
585 130
0,677 37,393 60,292 23,005
Net Earnings 81,8
818 124
4,866 35,994 59,864 22,517
Tota
al Current As
ssets 290,7
763 279
9,231 125,632 136,238 57,877
Prop
perty & Equipment, net 464,0
063 422
2,675 170,549 83,779 70,090
Tota
al Assets 1,131,7
707 970
0,095 4
483,033 352,493 253,540
Tota
al Liabilities 725,4
497 619
9,561 3
314,325 200,611 185,699
Tota
al Equity 406,2
210 350
0,534 168,708 151,882 67,841
Deb
bt Equity Ratiio 1..78 1.76 1.86 1.32 2.73

C
CONTACT FO
OR FINANCIA
AL REFEREN
NCES

• Bank Name: National Bank

B of Oman
• Mailing Address: PO Box 751,
7 Ruwi, Po
ostal Cod 112, Sultanate off Oman

M
MBPS QUALIITY

The succe
ess of any business ente
erprise depen
nds on the quality
q of its people, equipment and process.
p

Process iss an importaant element of the people-equipmentt-process tria angle, which dictates con ntinuous
on with respect to performance. It is the
optimizatio erefore very important
i to include
i monittoring system
ms in the
process too achieve coonsistent delivverables of good
g quality.. Understand
ding the need d for consisttency in
quality, MB
B Petroleum became
b one of
o the first cerrtified compan nies in Oman for the ISO 9001:2000.
9

M
MBPS HSE
 COMPAN
NY PRO
OFILE

MB Petrolleum are com mmitted to conduct

c businness in a ma anner that protects the health
h and saafety of
employeess, contractors
s and society at large and protect the environment.
e MBPS believves that a goood HSE
performance is paramo ount to our business succeess and we sh hall manage HSE
H matters like any other critical
business activity.
a
MBPS is committed
c to promote a cu ulture in whicch all employe
ees realize th
he need to lo
ook after them
mselves,
the people
e around them
m and the envvironment theyy live in. MB HSE
H Manageement Systemm

Health, Saafety and the ays been strrong and valued aspects of MB Petrroleum’s
e Environment have alwa
operationss.

MB Petroleum has buiilt a sustaina able HSE Culture through visible mana agement
commitme ent, increasin ng employee es’ HSE awa areness, anaalyzing all identified
hazards, improving the e competence e of our stafff, and streng
gthening prevventative
maintenannce programs s. MB Petrole eum is continnually striving
g to improve its HSE
performance. Our ultim mate goal is to o have a heaalthy workforcce with zero fatalities,
f
zero LTI’s,, zero rolloverrs, zero equip
pment damage and zero en nvironmental impact.

C
CONTACT DE
ETAILS WITH
HIN MB PETR
ROLEUM

• Name: : Narendra Kum

N mar M Bhanda ari
• Function
n : G
General Mana ager, P&P, Co
ontracts and Business
B Devvelopment.
• Mailing address : M Petroleum
MB m Services L.L
L.C
P
P.O.Box: 695 & Postal Codde: 111, Seeb
b.
B
Building No. 585, 18th November Streett, Azaiba Nortth.
M
Muscat - Sulta
anate of Oman.
• Email Address
A : n
nmb@mbpetro oleum.co.om
• Phone Number
N : +
+968 2449160 06, 245800000
• Mobile Number
N : +
+968 9942135 54
• Fax Nummber : +
+968 2449153 30, 245803477