(street) name? - Association of Dutch Businessmen

BUSINESS PROFILE
20 years of service to industry (1986-2006)
Arie J Koortens – Vice
President/General Manager
ModuSpec Engineering Asia
Pacific, The Middle East &
Australasia.
ModuSpec Engineering (International) Ltd. was
established in The Netherlands in 1986. During
this time, oil companies frequently utilised oilrigs
without any or very limited knowledge of the
condition and state of maintenance of the rigs. Leo
Nagtegaal, current director and owner of ModuSpec,
recognised the need for independent rig inspections.
ModuSpec, an acronym for Mobile Offshore
Drilling Unit Inspections established a regional
office in Singapore in 1992. I was appointed as the
Manager of the ModuSpec office in Singapore to
oversee the operations and its growth in the
Australia and the Asia Pacific region.
Over the years with our good track record of
work done for the major oil companies in this region,
demand for our services grew by leaps and bounds.
Fourteen years down the track, ModuSpec
Engineering Asia Pacific is the leader in Risk
Management Services in the Asia Pacific and The
Middle East.
“The first ModuSpec office in Singapore was
based in my home which was located at Green
Ridge Crescent. Since 1992, we have moved
office 5 times, each time to bigger premises to
accommodate our growing support staff.
Health, Safety and Environmental issues are
of primary importance to the Oil and Gas Industry.
ModuSpec acquired a Risk Engineering Company
in 2000, and in 2003 acquired an Australian Risk
Engineering Company. With the newly acquired
companies we have developed a risk-based
approach towards our rig inspection business,
concentrating on areas which have the highest risk
with respect to accidents, environmental issues
and downtime.
Our ability to reduce or even prevent downtime
through our inspection process is nowadays an
important (not the most important one as that still
is HSE) reason for our clients to use our services as
the day-rates for rigs at the moment are extremely
high, 170 -200,000 US$/day for a Jack Up and a
5th generation Semi Submersible commands more
than twice that amount and on top of this in general
the total operating cost for 1 day drilling operation
is twice the amount of the day-rate of the rig.
The key services provided by ModuSpec are as
listed below:
• Risk Management Services
• The inspections of land and offshore drilling units
• The development of manual and computerized
maintenance systems,
• Conduct training courses for drilling and oil
companies.
• Commissioning of new build rigs.
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Vol.16 • No. 5 • June 2006
The ModuSpec service presently in very high
demand during this current industry “boom” were
Jack Up Drilling Units are ordered as if they are
hot cakes, Ship-Yards and equipment suppliers
are stretched to the very limit of their
capabilities, is the ModuSpec Commissioning
and QA QC services during the new building of
drilling units.
The result of the successful ModuSpec QA-QC
and Commissioning services is a new rig delivered
in a safe and reliable operational condition before
or close to the scheduled delivery date.
Before we end this article I would like to share
some special insights encountered during the
course of our business. One project in Irian Jaya
brought back vivid memories. It took three days
to reach the location of the drilling unit, traveling
by a Merpati Fokker 27 (probably with serial
number 1) via the various Islands and finally
arriving in Sorong Irian Jaya to overnight and on
the next morning departed on a small bush plane,
followed with a boat ride, a land rover and truck
to arrive at the rig site. A week later we had to
return via the same route. From the recollection
of this trip, a vivid picture emerged in mind, of a
pre Second World War deserted Shell drilling
location with an oil storage tank complete with
the Shell logo and a large tree growing through
the top of the tank.
In another project
located in Central
Sumatra, our surveyor
had his daily mud bath
in a ‘jungle Spa’ as
pictured on the right.
This year, ModuSpec
is celebrating its 20th
anniversary as the
leading independent
provider of rig inspection and risk management
services for both the up and downstream oil and
gas industry. Twenty years ago, what began as a
small one-man operation working from home, has
now grown into a multinational company employing
close to 250 employees, with offices in Calgary
(Canada), Houston (USA), Macae near Rio de
Janeiro (Brazil), Perth and Melbourne (Australia),
Singapore, Kuala Lumpur (Malaysia) and Aberdeen
(Scotland). The head-office is located in
Serooskerke in The Netherlands.
Not unimportant, the key to our success?
Good people and the fact that we write Client
with a capital “C”.