Barakat Company Profile

…touch of quality

Head Office: Ground Floor CNPS Building, Opposite Immigration office, Bonanjo, Douala. Cameroon

Office Phone: 237 33 42 55 88Direct Lines: 237 22 05 46 01

237 77 65 30 51Fax: 237 33 42 37 95

Website: www.barakatcameroon.com E-mail: [email protected]

http://www.barakatcameroon.com/

Company Profile (30-06-2009) 2

TABLE OF CONTENTS

1.0 Background History 03

Values and Mission Statement 03

Quality and Safety Engineering Statement

04

1.1 The Company 04

2.0 Capabilities Company Services

05

Company Services 05

4.0 Dreyfields Activity Report

10

4.1 Safety Statistics 10

5.0 Previous Work Experience 11

6.0 Key Personnel Profile 11

7.0 Nigerian content ` 12

8.0 Safety Declaration 13

9.0 Quality Assurance Policy

14

10.0 Community Relation Policy 15


1.0 BACKGROUND HISTORYS

Established as a Cameroonian company in 2006, BARAKAT SARL is a Maritime Intervention services company positioned to render quality and time efficient services to the maritime related industries. Our level of service is reflected in our commitment to the highest standards and our professional experience guarantees expert support in Ship Agency (Representation of Shipping Companies), Shipchandling (…..) Catering services, placement of maritime personnel, crew management,…..and total quality management through the provision of Technical Assistance to Expatriates in Cameroon (Arrangement of resident and work permits, accommodation, in-country transportation, financial assistance, health-care services, etc)

OUR MISSION

To exceed our client’s needs for the highest quality and total satisfaction.

To develop services which are cost effective and efficient. To develop the skills of our employees, enhance teamwork and

creativity Effective project monitoring and supervision. Attain a high level of creative project planning and

conceptualization To protect the environment To achieve high standards of occupational health and safety To ensure the company’s profitable growth To ensure that Quality remains at the forefront of our services.

MISSION STATEMENT

BARAKAT SARL is committed to finding the best way forward, in a fast moving and highly competitive business world; and bridging the ever-growing technological innovations and the best service standards. To remain at the top, we shall relentlessly pursue innovative solutions, and constantly grow our knowledge base with uncompromising passion for Quality

OUR VALUES

In everything we do, even in the Community, we shall always work in a customer and objective oriented manner with clearly defined goals in


terms of Quality of service. In all our professional areas, and at all levels, we shall carry out our duties skillfully, diligently and efficiently

QUALITY AND SAFETY STATEMENT

It is the philosophy of BARAKAT that accidents/injuries are preventable and therefore unacceptable in her operations. In line with this the company shall therefore integrate safety into her business and will vigorously pursue all accident prevention programs through her well

structured and effective Community Affairs, Safety, Health, Environmental and Security (CASHES) System.

BARAKAT is committed to ensuring that quality of services delivered are of the highest standard at all times conforming to local and Int’l standards and satisfying customer’s needs, or, contractual requirements.

Our team of highly skilled and accomplished professionals provides both business andQuality management support that is necessary to raise productivity and profitability without stress. We therefore serve in Quality and Safety, which is why we give guarantee to our clients for every given contract.

1.1 THE COMPANY

BARAKAT SARL is established as a Maritime Intervention Services Company in Cameroon in February 7, 2006 with Registration No. RC.DLA/2006/B/559, Tax Payer’s Number M040600020423U and a committed share capital of 20 000,000 Francs CFA.

DETAILS OF COMPANY BANKERS AND CREDIT FACILITIES

BANKERS DETAILS

Name of Bank: The Company's Cameroonian Bankers is:

S.G.B.C BICEC RUE JOSS AVENUE DU GENERALE DE GAULLES


BONANJO, DOUALA BONANJO, DOUALALITTORAL LITTORAL

AFRILAND FIRST BANK UNITED BANK FOR AFRICA (UBA)RUE JOSS RUE DE LA LIBERTE,BONANJO, DOUALA AKWA, DOUALALITTORAL LITTORAL

The Company has access to large financial resources -from the above mentioned Banks to execute any given Contract or Order with large foreign/local procurement element.

CAPABILITIES

Our expertise covers: Ship Agency (Representation of Shipping Companies) Shipchandling/ Ship Supplies Provision of Catering Services Placement of professional maritime personnel Technical Assistance to Expatriates

BARAKAT’s high quality Services are cost effective, and offer functional expertise, forming a basis for further development of our client’s “Asset Management” strategies. The organization of the company encourages management to be personally involved in the day-to-

day operations of the company thus placing years of experience at the disposal of Dreyfields clients

COMPANY SERVICES EXPLAINED

BARAKAT offers a wide range of services. The company is well into the following services:

SHIP AGENCY (Representation of Shipping Companies)

For three years, BARAKAT enjoys satisfactory service recommendation from all past and present clients.


Using the state of art computers and software programs we are able to:

Map Geological structures and prospects Construct pore pressure profiles from old well logs Provide real-time pressure data and geological interpretation of drilling wells Construct geological cross sections Digitize paper log copies into LAS files for modern day analysis,

interpretation and integration into your seismic and mapping programs

Interpret 2D and 3D seismic data Digitize your map Make volumetric calculation of your production acreage Perform Petrolphysical analysis of well logs

DREYFIELDS RESOURCES LTD-IN HOUSE SOFTWARE-

1. DIGIRULE:

FastLOGTM: Log digitizing program, used to digitize paper log copies into ASCII and/or LAS files. This digitized data can then be imported into any of the various programs used in the petroleum industry.It has the ability to display formation tops, plot in multiple colors for easy viewing, plot at any scale with full header, and includes LOGEDIT. This program, a comprehensive log editor, it can export in up to 22 different formats, including DXF, LAS, and SEG-Y. It quickly and easily allows interactive tops picking, editing of headers and curve data points, TVD corrections and seismic check shot data. The powerful utility Value Conversion allows manipulation of the curves by stretching, shrinking os shifting.

CrossLOGTM: Create precision cross sections, either structural or stratigraphic with complete graphic control of color, line style, text and log appearance. Has the ability to import both scanned log images and digitized vector logs.

GeoCADTM: Professional quality mapping program, this is a powerful mapping system with sophisticated data acquisition and full CAD editing capabilities. Its data import and conversion features allow the integration of public or purchased data, in house digital data, and digitized paper hardcopy to produce detailed base maps. GeoCAD


makes it easy to include all of the following data types on your maps: shotpoint locations, interpreted seismic horizon values, well locations, formation tops, contours, culture, leases, faults, etc.

VOLTM: Volumetrics program, powerful software for capturing map data and using it for volumetric reserve calculations. Calculates surface areas, volumes or perimeters at any map scale. Calculates rock volumes using either Pyramidal or Trapezoidal methods.

2. KNOWLEDGE SYSTEMS, INC:

DRILLWORKS PREDICT PROFESSIONAL 2004 TM: An integrated family of products that meets all your geopressure and well-bore stability needs. This family includes:Drillworks Predict , version 10 Drillworks Pressbase Drillworks 3D Drillworks Anaseis Driollworks SafeSeal Drillworks Geostress

It is generally accepted that problems related to inaccurate pore pressure and well-bore stability analysis and prediction cost the energy industry billions of dollars each year in stuck pipe, lost wells, damaged formations, increased drilling costs, lost circulation, etc.

With off-shore rig price rates ranging up to $250,000/day, a delay of even a few days to deal with unanticipated well control problems from a pressure related kick adds a substantial amount to the well cost.

With DrillWorksPREDICT 2004TM formation pressures, geo-stress and well-bore stability are easily and accurately determined at three significant phases in the life of an oil or gas well: (1) in the planning stage, (2) in real-time while the well is drilling, and (3) in post-drill analysis reservoir studies.

In the planning phase, drilling cost can be more accurately predicted, and often reduced, by the more accurate prediction of pore pressures and geo-stresses to be encountered, as these factors dictate the major cost components of a well including casing setting depths, hole sizes, number of casing strings, mud programs and hydraulics.

While the well is drilling, pressure related problems such as kicks and stuck pipe can be averted and casing setting depths can be extended to eliminate casing strings by closely monitoring the formation


pressures in real-time. Thus improved drilling performance, efficiency and safety are achieved.

Post drilling pore pressure studies can provide a whole new dimension for use in reservoir evaluation.

DrillWorksPREDICTTM is the most used software system in the world today for formation pressure analysis, geo-stress and well-bore stability criteria and the user base includes most of the major oil and gas operator and service companies. The system is being used effectively by drilling engineers, geophysicists, geologists, and petrophysicists to predict pore pressure, fracture gradient and overburden gradient profiles.

The system uses a variety of kinds of data including well logs, seismic, and MWD data. Rather than relying on a single pore pressure model, the system incorporates a variety of models and methods such that the most effective for the specific geologic conditions can be used.

This family of products allows pre-drill analysis that provides Knowledge Based Drilling, thus decreasing Geopressure/Well-bore Stability related problems to avoid trouble and improve drilling success.

The key exploration benefits of DrillworksSafeSeal include the ability to analyze seal integrity, test for commercial accumulations of hydrocarbons, reservoir capacity estimation and improve your commercial discovery success rate. The key drilling benefits of DrillworksSafeSeal include a better understanding of the subsurface hazard environment, achieve a step-change improvement in drilling performance and avoid costly drilling problems.

The key benefits of DrillworksGeostress include creating a geomechanical model fully integrated with a geopressure model, view a visible window of safe mud weights, plan optimum well paths, mud and casing programs, perform real time well-bore stability analysis and minimize surprises and prevent shear failure, fractures and lost circulation.

Drillworks3D allows visualization and understanding the environment and analysis of volumes.

DrillworksAnaseis quickly and easily allows correction of seismic bias of interval velocity performed by 2D or 3D seismic processing for improved geopressure analysis.


S D C GEOLOGIX :

GEOTM: Dreyfields Resources uses Geo (Suite 5, including GeoXsec) as its primary tool for log drawing, at the well site, on a daily basis, and in the office, when constructing composite logs for previously drilled wells. Geo is a very user-friendly program, which has the ability to incorporate mud log data or MWD data at the well site, along with the lithology. Lithology can be presented either in color or black & white, whichever is suits a particular situation. (Black & white logs are generally prepared at the wellsite for smaller files when emailing reports to clients offices.) Log configuration is discussed in detail with the client prior to leaving for the wellsite, so that when logs are sent to the office, the client gets precisely what is wanted.

In addition, Dreyfields Resources has available GeoView, which when installed on the clients’ computer allows him to view and print the logs that are sent daily via email.

Other software used by Dreyfields Resources includes SURFER and ARCVIEW mapping, 3D and GIS products from Golden Software and ERSI Inc, respectively.

INFORMATION TECHNOLOGY SERVICES

CUSTOM APPLICATION DEVELOPMENT Web Enabling Business Applications Business Analysis Functional and Technical Design Request for Proposal Development Offshore Software Development Evaluation and Selection of Software Enterprise Project Management Quality Assurance Data Warehouse Business Consulting Security and Risk Assessment Business Continuity Planning IT Assessment - Systems,Networks, Staffing & IT

Infrastructure

PROJECT MANAGEMENT


Total Cost of Ownership Linking IT/Business Strategy Mentor Program Infrastructure

DATA AND PHYSICAL SECURITY Network Design and Implementation Standard Desktop Deployment Help Desk Support Windows Platform Migration UNIX/LINUX Platform Migration Collaborative Systems and E-mail Solutions

SUPPLY OF COMPUTER HARDWARE AND LAPTOPS


SAFETY EQUIPMENT SUPPLY


SECURITY EQUIPMENT


MARINE TRANSPORTATION SERVICES

OFFSHORE SUPPLY VESSELS ANCHOR HANDLING VESSELS

PASSENGER BOATS HOUSE BOATS

TRAININGTRAININGComprehensive training services on a hands-on and formal basis are provided by Dreyfields. Courses are tailored to a customer’s needs. Specialists training are provided in the Commissioning and Operation & Maintenance sectors.


Depending upon the skill, learning ability and progress made by the student, it is possible that the training sessions could be either shortened or lengthened if necessary. If at any time in the future, the trainee has questions about what was covered during the training sessions, we at Dreyfields Resources will be available to answer and give advise at no additional charge unless a full day is required.

Our primary in house software for the creation of well-site geological logs, composite logs, etc. is Geo software, distributed by Geologix Inc, a subsidiary of SDC Software Corporation. We provide detailed instruction in the creation of logs with this software.

In addition, we have in house software for: Log digitization, Pore Pressure determination, and others.

PROJECT MANAGEMENT AND ENGINEERING

Dreyfields management personnel have engineered and managed major projects throughout the country. The company’s expertise extends from preparation of technical and commercial specifications through to issuing enquiries, assessment of tenders, contract negotiations, placing of contracts, construction supervision/supply, quality assurance and control, commissioning and take over.

Company Profile (30-06-2009)

COURSE DURATION

FORMATION PRESSURE EVALUATION 3 - 4 days

RESERVOIR EVALUATION 2-4 days.

WELL SITE GEOLOGIST-PROCEDURES AND RESPONSIBILITIES (including construction of GeoLog)

2-5 days

ROLES OF OPERATION GEOLOGIST 1 day

LITHOLOGICAL INTERPRETATION 1 day

WELL CORELATIONS3 days.

SIESMIC SECTION INTERPRETATION including STRUCTURAL MAPS INTERPRETATION

2 day summary course which should be followed up by a more comprehensive one

15

We operate on the same premise throughout all of its activities – quality with no compromise, on time, within budget, at highly competitive prices.

Our Project Management philosophy involves application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations. Many organizations have experienced failed implementation exercises due to lack of project management ability. Our expertise in project management techniques entails the employment of Total Quality Management concept for every project including Turn-key Projects supervised. This includes the following:

Project Integration Management-project plan development, execution and overall change control.

Project Scope Management-initiation, scope planning, definition, verification, and scope change control.

Project Time Management-activity definition, sequencing, duration estimating, schedule development, and control.

Project Cost Management-resource planning, cost estimating, cost budgeting, and control.

Project Quality Management-quality planning, quality assurance, and control.

Project Human Resource Management-organizational planning, staff acquisition, and team development.

Project Communications Management-communications planning, information distribution, performance reporting, and administrative closure.

Project Risk Management-risk identification, risk quantification, response development, and response control.

Project Procurement Management-procurement planning, solicitation planning, solicitation, source selection, contract administration, and contract closeout.

ENVIRONMENTAL ENGINEERING

Dreyfields exclusively provide value added environmental products and turnkey services that have been designed, developed, tested and proven in North America and Europe.We have set goals for the continuous advancement of environmental upgrade through the introduction of high tech environmental products and consulting services.


Statistics indicate that both public and private sectors, in order to reduce environmental stress and to preserve our natural resources, should maintain environmental quality control and upgrading as a top priority. We therefore work on the premise that a balance must be maintained to control environmental abuses, limit damages and manage the environment’s well being.

MANAGEMENT SUPPORT

Dreyfields provides highly qualified, experienced personnel with Geological and Petroleum engineering backgrounds to support our client’s own project organization.

Covering Geological fields, personnel are carefully selected to meet each client’s specific criteria. Client Representation

DREYFIELDS ACTIVITY REPORT FOR THE PAST YEAR

The Company in the past year was restructuring to reposition itself properly for effective and value added operation. This it did by streamlining it operations to focus more on the core areas where it had competitive advantage in the oil and gas sectors of the economy. These areas are geological well-site supervision, MWD and Wireline log supervision, quality control and interpretation, pore pressure analysis, geological interpretation, geological mapping, log digitizing, and drilling information management It has beefed up its management with very qualified personnel who are experts in geological fields and has also acquired more Computers and Processing software.

The company extended its services to other areas which include Supply of safety and security Equipment and Information technology and Marine Transportation service, and training

ACCIDENT STATUS REPORTSAFETY STATISTICS REPORT FOR THE PAST THREE (2) YEARS

SAFETY STATISTICS FOR THE PAST TWO YEARS

ACTIVITY 2007 2008FATALITY NIL NIL

LTI NIL NILRTA/RTI NIL NIL

During 2007 boasts the following enviable records:Zero Accident Company Profile (30-06-2009) 17

Zero Lost Time AccidentsZero Injuries to any of its staff, either on Rig locations or in the office locations

PREVIOUS WORK PROFILE

KOSMOS ENERGYConstruction of ware house, supply and storage of drilling cuttings samples Port Harcourt

Our resident geologist who also is a director has had extensive experience in Wellsite geology. Below are some the places he has worked

Addax petroleum Development (Nigeria) Limited

Addax petroleum Development (Cameroon) Limited

Peak petroleum Limited

Addax petroleum Development (Nigeria) Limited

Ashland Oil Company Nigeria Limited

Shell Petroleum Development Company (SPDC)

Mobil Producing Nigeria Unlimited

Abacan/Amni Petroleum Joint Venture

Abacan Resources International

Star Deep / Texaco

6.0 KEY PERSONNEL PROFILEDreyfields retains a team of expert geologist and petroleum engineers.

Below are details of Dreyfields’s existing Key personnel

S/N

Name Job Position

Nationality Qualification Years Experie

nce1 Mr. Richard

VormelkerDirector American MSc Geology 42yrs

2 Charles Ogbode

Consultants

Nigerian PhD Geology 15yrs

3 Samuel Consultan Nigerian BSc Petroleum 3yrs Company Profile (30-06-2009) 18

Orimoloye ts Engr.

4 Olisa Emodoh Consultants

Nigerian BSc Petroleum Engr

3yrs

6

Charles Ibrahim

Consultants

Nigerian BSc Petroleum Engr

1yr

The Company has full time staff strength and contract staff that comprises both men and women. The Company’s corporate organizational structure is to ensure that the overall organization functions to provide the expected satisfactory performance for any given contract.

DREYFIELDS RESOURCES NIGERIA LIMITED NIGERIAN CONTENT

Dreyfields Resources Nigeria Limited is committed to customer satisfaction and long-term relationship, and shall employ processes, techniques and technologies that safeguard the Nigerian environment and encourage the employment of Nigerians now and in future projects.Dreyfields Resources Nigeria Limited understands the Nigerian Oil Industry Nigerian Content Requirements to be:

That the Oil Companies recognizes the long-term value of Nigerian content to their growth, operations and importance to the people of Nigeria. As a result they will:

Conduct work in a way that has near and long term benefits to community in which Company works, consistent with its corporate guiding principles. This includes working directly and through other to provide education and training which brings together national objectives to improve quality of life which business needs.

Work proactively to achieve high level of Nigeria content in the scopes of work for projects, taking into consideration competitiveness and capability.

Invest in training to bridge the gaps between business needs and local capabilities.

Dreyfields Resources Nigeria Limited hereby confirms that the laid down plan and procedures for Nigerian Content and Knowledge/Technology Transfer will be followed while incorporating our service provision strategies for work. The end result


will definitely be an excellent service delivery during the course of rendering its services to the oil and gas sector.

This Policy is approved by…………………………..…Dated……………….

JONAS ANIDI COO


DREYFIELDS RESOURCES NIGERIA LIMITED SAFETY DECLARATION

DREYFIELDS RESOURCES NIGERIA LIMITED foremost interest in all projects is SAFETY and ENVIRONMENTAL PROTECTION; and we will demonstrate SAFETY in all our operations.

Dreyfields Resources Nigeria Limited is already conversant with the current requirement of the mineral oils Act, and mineral oils (safety) Requirements, and the factories Act and will incorporate the CLIENT's safety rules and standards together with our safety manual in the execution of contract services.

DREYFIELDS RESOURCES NIGERIA LIMITED has familiarized herself with requirements of STANDARDS WORK SITE and will incorporate all standards.

DREYFIELDS RESOURCES NIGERIA LIMITED will also provide all necessary safety clothing and equipment for all personnel.

DREYFIELDS RESOURCES NIGERIA LIMITED will ensure that persons engaged in work and services in all contracts shall remain medically fit throughout the duration of the contracts. Dreyfields Resources will prepare and present certificates of medical fitness on all personnel and ensure that all personnel are CLIENT certified swimmers.

DREYFIELDS RESOURCES NIGERIA LIMITED Safety Manager and Project Manager will ultimately be responsible for safety in our operations. The staff will also have experienced safety officers who are well acquainted with CLIENT's safety regulations and will ensure that all proper work permits and complementary certificates are obtained prior to commencement of work and shall keep them up to date daily and ensure that all safe working practices are observed during the execution of all contracts. DREYFIELDS RESOURCES NIGERIA LIMITED shall strictly enforce the permit to work system before commencement of any work. Only CLIENT's authorization can action any night movement.

DREYFIELDS RESOURCES NIGERIA LIMITED have Accident/workmen's compensation insurance policy for their workers against any occupational disease or any other impairment to health or injury by accident. Company Profile (30-06-2009) 21

This Policy is approved by…………………………..…Dated……………….

JONAS ANIDI COO


9.0 DREYFIELDS RESOURCES NIGERIA LIMITED QUALITY ASSURANCE POLICY STATEMENT

Dreyfields Resources Nigeria Limited, a Geological and Petroleum Engineering Company is committed to ensuring that quality of goods and services delivered are of the highest standard at all times conforming to local and International standards and satisfying Client’s needs, or, contractual requirements.In pursuance of the above, Dreyfields Resources Nigeria Limited ensures that the best, skilled and qualified personnel is engaged for the execution of her works and services and continuously monitored and supervised for effective performance of the Quality Management System, structured to meet the requirements defined in ISO 9001.From the foregoing, utmost importance shall be given to conformance with International and local acceptable quality standards, which is intended to sustain Dreyfields in the competitive market. Dreyfields Resources Nigeria Limited management objective is to provide services and products, which are in conformity with ISO 9001 standard and to Client’s contractual requirements. To fulfill these objectives, the company has decided to adopt the Quality Assurance System and Program as outlined in the Quality manual.

It is required of all personnel to operate in strict accordance with the Quality system, performing their tasks correctly and contributing to the application and continued improvement of the Quality Management System. The Managing Director has the overall responsibility for ensuring that all personnel in the Company are fully aware of the Company’s Quality policy and their individual responsibilities as defined in the Quality Manual.

The Managing Director has therefore appointed the QA/QC Manager who has undergone the ISO 9000 Quality Systems Course as the Management Representative. He shall be responsible for the day-to-day operation of the Quality System via the QA/QC & HSE-MS Department, to whom any queries or problems relating to Quality shall be directed.

The company’s policy remains as follows: “All activities by individuals or teams will be planned and executed in such a way that Client’s


requirements as well as DREYFIELDS business objectives are met safely, efficiently and cost effectively”.

This Policy is approved by………………………………….Dated……………………….

JONAS ANIDI COO


DREYFIELDS RESOURCES NIGERIA LIMITED COMMUNITY RELATIONS POLICY

For enhancement of harmonious relationship between Dreyfields Resources Nigeria Limited and host communities with the aim to ultimately reduce operating costs, and shutdown culminating from unhealthy Dreyfields Resources Nigeria Limited-community relationship, Dreyfields shall engage 60% of the non-skilled work-force from the Local/host Community.

Dreyfields Resources Nigeria Limited will engage a community liaison officer who shall liaise between the community and Dreyfields Resources Nigeria Limited on matters such as employment of indigenous and community development projects.

The implementation of the community Relations Plan shall be the responsibility of the HSE / Community relations department.

Dreyfields Resources Nigeria Limited’s policy is to function to manage community affairs as an integral part of Dreyfields Resources Nigeria Limited business with a view to maintaining good relationship between Dreyfields Resources Nigeria Limited and her host community.

Prior to mobilization/movement to any locality, Dreyfields Resources Nigeria Limited will pay a visit to the community Chiefs and Leaders.

Any community disturbance or threat shall be reported to client without delay.

This Policy is approved by……………….………..…….Dated……………….

JONAS ANIDI COO


Barakat Company Profile

Documents

Transcript of Barakat Company Profile