OPTIMUS MODULAR SOLUTION

OUR VISION

THE PRIMARY CHOICE FOR THE GLOBAL

MODULAR RIG SERVICES MARKET
REALISING OUR VISION

Initially focused in the North Sea, we provide services to

the P&A, Well Intervention and Drilling markets, which
include:

•Innovative modular rigs with low POB

•Well engineering studies
•Project management & collaboration
•Engineering & technical support
•Crewing solutions
Jotun B P&A Campaign

THE UNIT
• Compact, light weight, configurable
• Top Drive – 60,000 ft-lbs torque
• Footprint – 11.7mx 11.7m (38ft x 38 ft)
• Nominal Hook Load – 225 Te (250 short
ton)

• Maximum Hook Load (stuck pipe) –

300 Te (350 short ton)
• Automated Pipe / tubing handling –
2-7/8” to 20” (drill pipe/ casing
range)
• Conductor pulling (boring and Drilling & Side-tracking 
pinning, diamond wire cutting): 16in Work Over 
to 30in diameter range Well Intervention 

P&A (Reservoir Isolation) 

Certification: 
DNVGL-OS-E101 drilling plant P&A (Conductor Removal)
NORSOK compliant
NORSOK Z-015 temp. equipment
BENEFITS
• Proven capability in NNS
• Compliance to temporary equipment standards
• Certification
•DNVGL-OS-E101 drilling plant
•NORSOK compliant
•NORSOK Z-015 temp. equipment
• Compact with small footprint, light weight, configurable,
• Low POB therefore a positive effect on safety
• Conductor pulling (boring and pinning, diamond wire cutting):
16in to 30in diameter range
• Support services – 24/7 onshore support
• Substantial reduction in P&A costs
 Lost Time Incident Frequency (LTIF)
HSE PERFORMANCE DURING PROJECT

LTIF Rates (per 200k Hrs)

ZERO injuries!
ZERO lost time incidents!
ZERO medical treatment cases! 0.0
2016 2017
0.0 0.0
2018

ZERO spills!
Total Recordable Incident Frequency
(TRIF)

TRIF rates (per 200k m/hrs)

0.5

• Safety by design 0.4

• Automation – removing people from 0.3

0.2
operational danger zones 0.1

• Effective RED ZONE management 0.0

2016
0.0 0.0
2017
0.0
2018
philosophy
Observation submissions
• Regular DROPS inspections % p.p. 2017/18 comparison
• Effective planned maintenance 150%

• Effective investigations and reviews 100%

• Proactive crew attitude 50%

• Driven to improve 0%
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2017 2018
PROVEN FINANCIAL MODELLING
Modular Solutions
100%

90%
32%
80%
53%
70%

60%

50% 100% 97%

40%
68%
30%
47%
20%

10%

0% 3%
Refurbished Derrick P&A only Optimus P&A only Optimus with sim ops (WL & Coil) Optimus Drilling and P&A

Cost to Operator Savings

THANK YOU