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Page 1: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

Page 2: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

Company Profile

www.gspdrilling.com

Grup Servicii Petroliere (GSP) is located in Constanta Harbor, Romania.

GSP provides a wide range of integrated services in the following business areas:

• Offshore Drilling

• Platform drilling and tender assist drilling

• Onshore drilling

• Well Intervention Services

• Offshore Construction as Jacket and topside fabrication, pipelay, heavy lift

• Subsea completion

• Saturation diving and ROV operation

• Naval Supply and Transportation

GSP is a member of International Association of Drilling Contractors - IADC

Page 3: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

Our Business

www.gspdrilling.com

DRILLING ACTIVITIES

• Directional and Horizontal Drilling

• Maintenance and Repairs

• Offshore and Onshore Wells Design

• Rig Moving Operations

• Ordinary and Continuous Coring

• Engineering and Technical Consultancy

• Side Tracking and Re-entries

• Fishing Jobs

• Drilling Fluids Engineering

• Conductor Hammering

• Wells Production Stimulation

WELL INTERVENTION SERVICES

• Engineering and Design of Workover

• Workover Operation

• Coil Tubing: Fishing, Acid and Nitrogen Pumping

• Wells Production Stimulation (Fracking, Acidisation)

• Manpower

• Fishing Jobs

• Wire Line Operation

Page 4: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

Our Business

www.gspdrilling.com

OFFSHORE CONSTRUCTION

• Engineering and Design of Offshore Installations

• Onshore Fabrication and Assembly Yards (Berth 34, Midia

North Constanta, Agigea South Constanta)

• Midia Pipeyard and Machine Shop

• Onshore Heavy Lift Equipment up to 550 t

• Loadout, Seafastening and Transportation

• On Site Installation, Wind turbine erection

• Subsea Pipe Line, Umbilical and Cable Laying

• Saturation diving and ROV operation

• Commissioning and Operation

• Manpower

NAVAL SUPPLY AND TRANSPORTATION

• AHTS , AHT and PSV vessels

• Offshore Personnel Carrier and offshore MEDEVAC vessel

• Diving Support Vessel

• Marine transportation Barges (3)

• Ocean transport Submersible Barge

• Top Flat Barge (incl.250 and 550 t cranes)

• Top Flat Sliding Barge

• Marine Floating Crane (1 x 100 t)

• Barge Shearleg Crane 1800 t

• Multi Purpose Vessel (planned)

Page 5: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

GSP Construction and Workshop Facilities in Berth 34

Constanta Harbor, Midia Port North Constanta and Agigea

South Constanta

www.gspdrilling.com

GSP Production Facilities

• GSP is in the process of concluding an substantial expansion of its infrastructure in

support of its fast growing involvement in the offshore construction business

• GSP is authorized by Romanian Naval Authority (RNR) to produce naval equipment and

render services in Constanta Harbor

• (RNR authorization certificate 3/435HM/102/1)

Page 6: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

GSP

HEADQUARTERSTRAINING CENTER

RAIL WAY

WORKSHOP BERTH 34

GSP Production Facility - Berth 34, Constanta Harbor

YARD CAPABILITIES

• Offshore prefabrication and construction

• Jack up rigs overhauling and upgrading

• Barge conversion

• Complete drilling package outfitting

for jack up or drillships

• Offshore oilfield equipment repairs

• NDT

• Steel works

• Tubular and valves checking and repairs

• Hydraulic equipment checking and repair

• Electrical equipment checking, measurement,

rewind and repairs

• Engines maintenance and repairs

• Cranes and lifting equipment checking and repairs

• Refrigerating plants maintenance an repair works

• Carpentry

Page 7: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

GSP Production Facility - Berth 34, Constanta Harbor

WORKSHOP

• Multipurpose workshop covering an area of 2600 m2 compliant to international safety standards for industrial buildings and equipped

• The workshop is endowed with a ten tons gantry, working at 5 meters height and running 72 meters in length

• A heavy duty opened concrete platform of 6.000 m2 completes the production area

• Berth facilities allow execution of any kind of offshore constructions as well as vessels and offshore drilling rig overhauling projects

Page 8: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

GSP Production Facility - Berth 34, Constanta Harbor

TRAINING CENTER

GSP Training Centre is the first step in the GSP’s endeavor to build a complete set of facilities capable to offer a comprehensive training package, including the following:

• Training in well control • Training in operating the driller’s cabin controls (Cyber Chair)

• Safe operation of onshore and offshore cranes • Training in HSE

• On-the-job training • Drilling Superintendent module training

• Safe operation of DP/non-DP operated vessels • Safe operation of ROV

at the offshore installations

• Anchor handling and Dynamic Positioning • Heavy lift operations

• Survival at sea • Fire fighting • 2310 square meters total area

• 120 seats in four training halls

• 20 seats in conference room

• 14 design offices

• 50 seats in cafeteria

Simulator room:

Equipped with the DrillSIM-6000 capable to offer full Well Control training

and training in Cyber Base operating controls

Page 9: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

GSP Production Facility - Berth 34, Constanta Harbor

• The GSP Jupiter upgrading works were finalized in berth 34 in November 2007

• GSP Saturn conversion project started in November 2008 in the same complex process and is completed on

June 12, 2009

• Next project is the conversion and construction of the Shallow water pipe lay barge GSP Bigfoot1 to be completed

in February 15, 2010

GSP JUPITER UPGRADE COMPLETION

(2007)

GSP SATURN UPGRADE IN PROGRESS

(2008)

GSP SATURN

COMPLETION

June 2009

Page 10: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

GSP Production Facility - Midia Base

www.gspdrilling.com

300 METERS LONG QUAY

280 METERS LONG QUAY

BLACK SEA

GSP MIDIA - PHASE 1 + PHASE 2 PROJECT

PHASE 1

Midia Port production facility covering an area of 17,000 sqm.

contains:

• Workshops

• Fully secured complex

• Large modern office building with new IT installations

• Social facilities according to international health and safety

regulations

• Modern canteen and storage facilities

Midia Base will be a unique industrial facility in

Romania, integrating all required services to run our

offshore drilling activity

This facilities will also be available for Third Parties

to jointly provide:

• Well intervention services in the Black Sea

• Construction of modules for the petrochemical

industry in Eastern Europe and the Middle East

PHASE II

• The actual area of the Midia Base is going to be extended to 317,000 sqm in

the second development stage. This will increase the area capabilities for pipe

coating, large storage area and to increase our capabilities in manufacturing

offshore construction as production jackets, topsides, floating production units,

barges

• Through this new investment GSP can be a serious canditate to the large gas

pipe transport projects in the region

• The extension will result in open access to the sea with two quay sections of

280 m and 300 m length. Water depth is 8 meters

• The site lies in the close vicinity of the Danube - Black Sea Channel

Page 11: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

GSP Production Facility - Midia Base

www.gspdrilling.com

CAPABILITIES

• Offshore prefabrication and construction

• Jack up rigs overhauling

• Land rig overhauling with the support of

Upetrom 1Mai

• Offshore oilfield equipment storage and repairs

• NDT

• Steel works

• Tubulars and valves storage, checking and repairs

• Pipe coating , pipes storage

• Hydraulic equipment storage, checking and repair

• Electrical equipment storage, checking, measurement,

rewind and repairs

• Engines storage, maintenance and repairs

• Cranes and lifting equipment

• Refrigerating plants maintenance an repair works

• Carpentry

CONSTRUCTION PROCESS 2009

Page 12: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

GSP Shipyard , Agigea

www.gspdrilling.com

GSP’s port facilities are being extended with a new 38.600 m2 port facility area with a 372 meters

long quay opening in Constanta South - Agigea Port

Over 10 million dollars has invested in the development of the new production facility as of June 2009

The Constanta South – Agigea Port facility will include a multipurpose workshop and a heavy duty opened platform

as well as the necessary infrastructure and utilities allowing GSPto perform extended offshore prefabrication and

construction works on the new location

Page 13: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

GSP Production Facilities

www.gspdrilling.com

The location will allow GSP direct water way connection between Black Sea and Western Europe (Rotterdam)

GSP Production Facility,

Berth 34

GSP Shipyard, Agigea

GSP Production Facility,

Midia

Page 14: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

GSP Fleet

www.gspdrilling.com

Current Fleet:

• 5 Jack up rigs (GSP Atlas, GSP Jupiter, GSP Orizont, GSP

Saturn, GSP Prometeu)

• 9 Vessels (GSP King, GSP Queen, GSP Prince, GSP

Vega, GSP Orion, GSP Perseu, GSP Licorn, GSP Phoenix

and GSP Lyra)

• Floating shearleg crane 1800 mt (GSP Neptun)

• Foating crane (GSP Granit)

• DLB barge under construction ( GSP Bigfoot 1)

• 2 transport barges (GSP Bigfoot 2, GSP barge 3)

Expansion Projects:

• New construction drillship (GSP Venus)

• New construction MPP/pipelay/heavy lift vessel -

(GSPTitan)

• New construction DSV vessel (GSP Tbn)

All our assets are compliant with:

• MODU Code requirements

• ISM (International Safety Management Code)

• ISPS (International Ship and Port Facility

Security Code)

• SOLAS (Safety Of Life At Sea)

• MARPOL (Maritime Pollution)

• IMO (International Maritime Organization)

• COLREG (Collision Regulations), Load Line

Conventions, International Conventions

of Tonnage measurements of ships

Page 15: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

GSP Rig Fleet

www.gspdrilling.com

GSP’s rig fleet consists of 5 Jack up rigs ultimately owned by GSP Drilling Ltd, Malta.

All rigs are on long term bareboat to GSP

GSP Jupiter: Built 1987, converted to cantilever in 2007. Water depth 300 ft. ABS class

GSP Saturn: Built 1988, converted to cantilever in 2009. Water depth 300 ft. ABS class

GSP Orizont: Built 1982, cantilever type with water depth 300 ft. GL class

GSP Atlas: Built 1985, converted to cantilever in 2006. Water depth 300 ft. GL class

GSP Prometeu: Built 1984. Water depth 300 ft. ABS class

Page 16: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

GSP Vessel Fleet

www.gspdrilling.com

GSP controls and operates a fleet of 9 vessels consisting of:

GSP Queen: AHTS offshore support vessel, 8000HP. Built 2005 Singapore. ABS class

GSP King: AHTS offshore support vessel, built 2005, Singapore. ABS class

GSP Prince: DSV & ROV Survey Offshore Support Vessel built in 2009, Baatbygg Shipyard

GSP Perseu: Tug and supply vessel built 1994. BV class

GSP Phoenix: Passenger and supplies vessel, built in 1995. BV class

GSP Lyra: High speed passenger and MEDEVAC vessel

GSP Vega: AHTS offshore tug/supply vessel built 1983. 12,800HP. DnV class

GSP Licorn: Tug and supply vessel built 1995. BV class

GSP Orion: Offshore supply vessel built 1983. DnV class

Page 17: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

GSP Lifting Units

In support of its drilling and offshore construction operations GSP

owns a fleet of on and offshore heavy lift cranes:

GSP Granit: 100 tons floating crane, built in 1973, length 40,66m, width

20.02m, effective motor power 2 x 331 kW, minimum security

crew 7 members

GSP Neptun: 1800 tons floating shearleg crane, build in 1998

Liebherr LG 1550: Onshore crane with 550 tons lifting capacity

Liebherr LR 1300: 4 crawlers crane with 300 tons lifting capacity

Liebherr LR 1280: Crawler crane with 280 tons lifting capacity

Liebherr LR 1200: Crawler crane with 200 tons lifting capacity

Liebherr LR 1250: Crawler crane with 250 tons lifting capacity

Liebherr LTM 1070: All terrain mobile crane with a 50 metres length telescopic

boom and 70 tons lifting capacity

TEREX A 300: Hydraulic type rough terrain crane with 30 tons lifting capacity

MDK 504: TAKRAF crane type with a 27 tons lifting capacity

Page 18: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

GSP Investment Policy

www.gspdrilling.com

Page 19: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

Investment Policy

www.gspdrilling.com

Since 2004, GSP has invested over 500 million USD in the

acquisition and modernization of its vessels and drilling rigs,

including extensive upgrade of GSP Jupiter and GSP Saturn rigs.

GSP puts strong emphasis on its workforce and will continue to

invest in the training and education of its employees to ensure the

highest quality of operations.

GSP has a long term investment plan including the continuous

modernization of the equipment onboard of the drilling rigs.

GSP Drilling is the dedicated investment vehicle for the group’s

non transportation offshore assets

All investments made must meet GSP’s long term strategic

objectives and return requirements

Investment Programs are divided into 3 segments:

1) Current / Ongoing Investments;

2) Planned Investments and

3) Future Potential Investments

GSP JUPITER pre and post upgrade

December 2006 December 2007

Page 20: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

Current / Ongoing Investments

GSP NEPTUN

SHEARLEG

CRANE - 1800 Tons

PERFORMANCE

Lifting Capacity

• 1.800 tons

Lifting Speed, Load

• 1.8 m/min

Lifting speed, Unload

• 3.6 m/min

Lifting Height

• 76.00 m

L.O.A: 83m

L.B.P: 79.680m

Breadth: 36m

Depth6.400m

Gross Tonnage: 6,557 t

Ballast Tank: 6,527,60 m3

Deck Machinery / Mooring

Deck Cranes – Tyoe 6000 – 2S

• Lift height – 80m

• 2 Boom(2.500 x 5.000 x 5.000 x 86m)

• Gate Post / Back Tower (Luffing Winch)

• Main Hoisting Winch

• Aux Hoisting Winch

Anchor Windlass – 1 SET, capacity: 18t x 10m&min (2 gipsy wheel)

FWD Anchor Winch – 2 SET capacity: 15t / 7,5t x 20m/40m/min

AFD Anchor Winch – 2 SET capacity: 32t /16tx20m/40m/min

Machinery and propulsion

• Main Engines (Hydraulic Machinery System): Diesel Engine

for Hydraulic Power Unit

• Aux. Engines : Diesel, 2 Set, Type D2366t/4 Cycle,

capacity 227 PS x 1800 r.p.m.

Accommodation: nine persons

GSP Neptun*acquired in June 2009

Page 21: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

MAIN CHARACTERISTICS

Length over all 85,30 m

Length between p.p. 75,00 m

Breadth moulded 18,00 m

Depth to main deck 9,10 m

Max draft 6,8 m

Free deck space abt. 550m²

TANK CAPACITIES

Water ballast approx. 1850 m3

Fuel oil approx. 1100 m3

Potable water approx. 430 m3

CLASS

DnV +1A1 SF, E0, DYNPOS AUTR, CLEAN,

COMF c3-v3, HELDK. NAUT OSV, Ice C ERN 99,99,99

SPEED

Speed at 5.5m draft approx. 16 knots

ACCOMMODATION

64 persons in 34 single bunk and 15 double bunk cabins

MAIN PROPULSION SYSTEM

Diesel electric propulsion plant

Two Azipull AZP 100 thrusters of 2200kW each.

Frequency controlled rpm and CP

SIDE THRUSTERS

Two super silent tunnel thrusters in bow of approx. 1150kw each.

Frequency controlled rpm and CP.

One retractable azimuth thruster in bow

1400kw with freq. controlled rpm and CP.

DSV & ROV Survey Offshore Support Vessel DP2 on 5 years bareboat charter to GSP (with purchase option)

*Delivery September 09

Current / Ongoing Investments

GSP Prince

Page 22: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

Current / Ongoing Investments

GSP Prince (continued)

www.gspdrilling.com

HELIDECK

Sikorsky S-92.

Rules: CAA CAP437 / DnV

DECK EQUIPMENT

A-frame 100t SWL (optional)

50t/15m, AHC offshore crane, 2000m wire

Module Handling System (Optional)

ODIM Launch And Recovery System (LARS) for WROV 3000m

Moon pool 7.2m x 7.2m net opening

Moon pool ø 1200mm for Multibeam sonar

ANTI-HEELING SYSTEM

Pump capacity abt. 1800 m3 /h

DYNAMIC POSITIONING SYSTEM

Dynamic Positioning System (AUTR/DP II)

1 Acoustic pos. units + one optional

2 DGPS, 2 wind sensors, 2 x MRUs

POWER GENERATING PLANT

4 x 1825 kWe diesel powered generator sets

1 x 425 kWe diesel powered generator set

1 x 160 kWe Emergency generator

SAFETY EQUIPMENT

Fast Rescue Craft (FRC),According to SOLAS for the specified class

and number of crew

ROV Type TRITON® XLX 150 HP

Depth Rating 10,000 fsw (3050 msw)

Weight in Air (approx) 10,500 lb (4.8 Tonnes – 3050 msw)

Length including manipulator mount 128 in (3,250mm)

DIVING SYSTEM

Saturation Diving System

A 12 man portable saturation diving system rated at 300 meters

and built to IMCA guidelines and classed

by ABS and DNV.

Page 23: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

Current / Ongoing Investments

GSP Bigfoot 1

www.gspdrilling.com

L.O.A (excluding stinger) 135.00 m

Beam 42.00 m

Air Draught 26.00 m

Draught Scantling 5.00 m

Draught Operational approx. 2.50 m

Deadweight 20.000 tons

Deck Area 5670 sq. m

Deck Loading 15 t/m2

Frame spacing 2500 mm

Helideck Max Sikorsky S-61N & S-92

Ballast 18420.16 cu.m. at 100% full

Complements 208

Accomodation 208 persons

ROV (Perry Slingsby Comanche ROV System (3000msw depth rating))

Heavylift (400 t) / Pipelay / Tender Drilling Assist Barge - currently under conversion in Constanta

Designed by the Dutch / Norwegian design

firm, Ulstein Sea of Solutions.

*Estimated completion Q1 2010

Page 24: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

GSP BIGFOOT 1

PIPELAY

EQUIPMENT

Bevel Machine Welding equipment Triton® XLX 150 HP

Heavy Workclass ROV

System

Saturation Diving System

UKRAINE

AZOV SEA

RUSSIA

Current / Ongoing Investments

GSP Bigfoot 1 (continued)

SHALLOW WATER

PIPELAY BARGE

Page 25: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

Delivery: September 2009

Current / Ongoing Investments

GSP Tbn.

PRINCIPAL PARTICULARS:

Length Overall 59.25m

Length Waterline 56.00m

Breadth Moulded 14.95m

Depth Moulded 6.10m

Draft (max) 4.95m

GRT / NRT 1690/TBA

Class American Bureau of Shipping

Notation +A1 (E) Towing Vessel, Fire Fighting Class 1,

Offshore Support Vessel, +AMS, +DPS-1

Maximum Speed 13 knots (100% MCR)

Accommodation 42

PROPULSION SYSTEM:

Main Engines 2 x CAT 3516B = 2 x 2575 bhp@1600rpm

Main Generators 3 x CAT C18 350kw, 50Hz, water cooled

Emergency Generator Perkins 65kw, radiator cooled

Bow Thruster Kamome 6 T

DECK EQUIPMENT:

Anchor 2 x high holding power anchor 1305kg, 440m

Chains 440m x 38mm grade 2 stud link chain

Anchor WindlassElectro-hydrolic, 2 cablelifter + 2 warping

drums rated pull: 9 Tons@12m/min for 38mm dia. chain

220m (L) x 38mm (Ø) Grade U2 (each side)

Capstan 2 x 5 tonnes @ 15m/min

Tugger Winch 2 x 10 tonnes @ 15m/min

Deck Crane 1 x 3T @ 9m

Stark Jaws 2 x 200Tonnes @ 600mm

Towing Pin 1 x 200Tonnes SWL

Towing+Anchor Handling 1 x Electro-hydraulic, 150

tonnes, 200 tonnes

CARGO CAPACITIES:

Deadweight @4.95m draft 1390 Tonnes

Deck Cargo 500mt

Page 26: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

Planned Investments

www.gspdrilling.com

Fleet Expansion

GSP selectively invest in new equipment required to support its operations and to meet it current and future customers

requirements. Currently the Company is considering multiple newbuild investment projects required to meet the expanding deep

sea activity in the Region

GSP Titan – DP3 deep water pipelay

vessel

The new ECO - Vessel will be unique in the

world as it efficiently, economically and

ecologically combines three offshore

operating capabilities into one vessel design:

pipelaying (S lay & J lay), heavy lift (1800

mt). The unit has been designed by the

Dutch / Norwegian design firm, Ulstein Sea

of Solutions.

Page 27: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

MAIN VESSEL SPECIFICATIONS:

• The GSP Titan is designed as a multi purpose ECO friendly offshore

construction vessel. The vessel shaped hull allows for a transit speed

of 13 knots, enabling rapid worldwide mobilization

• Delivery date: Q1 2012

• The MPP Vessel has three main modes of operation

Pipelay mode (S lay & J lay)

Heavy lift mode

• X-bow design

• Able to pass under the Bosporus bridge

• State of the Art design versus “revamped” old designs

• Deepwater capability and dandling of stinger and pipe

• Larger free deck area compared to existing units

• Improved motion behavior and station keeping performance

Design features:

Length overall 172.4 m

Breadth moulded 35.0 m

Depth at side 18.2 m

Scantling draught 12.0 m

Operational draught 8.0 m

Speed 14 knots

Accommodation 300 persons

Power 6 x 7400 kW

Main thrusters 2 x 5500 kW

Retractable thrusters 5 x 3500 kW

Bow thruster 1 x 2500 kW

Equipment particulars:

Main crane:

Maximum lifting capacity 1000 ton @ 35 m

Minimum subsea lifting capacity 120 ton @ 300 m

depth

Pipelay equipment:

Tensioner capacity 3 x 200 ton

A&R capacity 1 x 650 ton

A&R capacity 1 x 220 ton

Deepwater lowering system:

Maximum lifting capacity 250 ton @3000 m

depth

Planned Investments

GSP Titan (Continued)

SHIP DESIGN

Page 28: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

Planned Investments

GSP Venus

www.gspdrilling.com

XDS 3600 – GSP Venus

Specific versions of the design will be made for the following areas:

• Operation in the Black Sea (maximum height 55 meters above the waterline)

• Operation in Arctic areas (fully winterized and ice-class)

• Future Deep Sea Exploration and Development requires modern Drillship

• Currently working together with Ulstein Sea Of Solutions on a concept design suitable for the specific

conditions of the Black Sea

• The vessel will be designed as a self propelled dynamically positioned drillship featuring an X-bow of which the drilling

equipment and Vessel’s characteristics are in compliance with operations in 3600m of water depth and a drilling depth

of 12000 m

• Planned Delivery: 2012

Newbuild Drillship

Page 29: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

www.gspdrilling.com

Principal dimensions:

Length overall 208.0 m

Length between perpendiculars 198.0 m

Breadth moulded 35.0 m

Depth at side 18.2 m

Scantling draught 12.0 m

Operational draft 10.0 m

Equipment particulars:

Speed 14 knots

Accommodation200 persons

Power 6 x 7400 kW

Main thrusters 2 x 5500 kW

Retractable thrusters 4 x 3500 kW

Bow thruster 1 x 2500 kW

Derrick:

A bolted type galvanized derrick with the following specification will

be installed:

• Base 50 ft x 50 ft

• Clear height 180 ft

• Static capacity 2,500 kips

Equipment:

Derrick Dual Retractable Guide Derrick (DRGD)

for a Dual NOV Hydralift 1000/750 -36

Cylinder Rig Installation

Topdrive HPS 1000-2E-AC-KT-High Torque.

1000 short tons (907 tones) load capacity on Main Well.

Hookload 1000T on Main Well / 750T on Auxiliary Well

Planned Investments

GSP Venus

Page 30: - GSP Shipyard ·  ... pipelay, heavy lift ... • Onshore Heavy Lift Equipment up to 550 t • Loadout, Seafastening and Transportation

Drilling equipment:

- Top drive (TDS-4 or equivalent (650t))

- Top mounted heave compensator

- Rotary table (49 ½” table opening, 650t hang-off)

- Draw works

- Setback

- BOP (11”, 10,000 psi)

- Surface BOP

- Riser tensioning (min 1,000 kips)

www.gspdrilling.com

Future Potential Investments

GSP Caspian drill barge DB1000

GSP Caspian drill barge

DB1000

General specifications:

- Type Drilling Barge

- Design DB 1000, Ulstein Sea of Solutions

- Main Generator Sets

- Emergency set

4 x 1500 kW

1 x 500 kW

- Derrick Self erecting 1,300 kips, 48x48x180 ft clear height

- Mud pumps 2 x 2200 HP triplex pumps (plus 1 optional)

Barge capacities:

Fuel oil 1000 m3 Brine 2 x 300 m3

Potable water 500 m3 Base oil 250 m3

Drilling water 500 m3 Silos 8 x 25 m3

Reserve Mud tanks 450 m3 Sack store suitable for 200t

Active Mud tank 50 m3 Aft deck load capacity 5 t/m2 incl. poop deck

Cranes:

Crane capacity 2x 60t @ 10m outreach

40t @ 20m outreach

6t @ 36m outreach

Overhead gantry

For tubular and drill pipe

10t

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GSP Caspian drill barge DB1000 (continued)

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Following main dimensions were selected, based on frame spacing of 800mm in transverse and vertical direction.

In longitudinal direction web frame spacing was selected at 2800mm.

Length : 156 m

Breadth moulded : 32 m

Depth at side : 15 m

Scantling draught : 8.5 m

Operational draught for deepwater : 8.0 m

Operational draught for shallow water : 3.5 m

Displacement at operational deep draught : Approx. 40,000 t

Deadweight at operational deep draught : Approx. 27,500 t

Displacement at shallow draught : Approx. 16,500 t

Deadweight at shallow draught : Approx. 4,000 t

Lightweight : Approx. 12,500 t

Main dimensions

Modular design

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Future Potential Investments

GSP Azov – Shallow Water Drilling Jack-up

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Delivery : Q2 2010

Type: Levingston A+1 Maltese Cross class independent leg cantilever

jackup MODU

Builder: Talcahuano Shipyard, Chile, South America

Year Built: Earliest Q4 2010

Class: ABS + A1 Self-Elevating Mobile Drilling Unit USCG requirements

for MODUs

Flag: Panama

Elevating : National rack and pinion, electric drive jacking system Principal

Quarters: A three-level quarters house, with air-conditioned accommodations

for 80 persons

Heliport: 62' diameter heliport designed to withstand loads imposed by a

Sikorski S-61 helicopter or equal.

DRILLING EQUIPMENT:

Draw works: TFM - 55 E Upetrom – Romania 2300 HP

Mud Pumps: Three Upetrom Triplex Mud Pumps 3 PN 1600,

120 spm 7 /2" x 10 each one equipped with 6 ½ liners.

TRANSIT CONDITION:

Minimum Draft (Lightship) 10'-4"

ABS Load Line (Hull Draft) 13'-0"

Total Variable Load 3,000 Kips

Total Variable Load While Jacking 2,631 Kips

Design Wind Load (Field Transit) 70 Knots

Design Wind Load (Ocean Transit) 100 Knot

PLATFORM EQUIPMENT:

Generators:

Numbers 5

Manufacturer LEROY SOMER GENERATOR

Emergency generator:

Type Caterpilar Marine Model C18 DI-TA

Output 587 HP / 438 Kv

The GSP Azov 155 is designed to work in water

depths ranging from 15 to 150 feet in Azov Sea,

Black Sea and Caspian Sea

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Thank You !

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