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Dragon Offshore Selects AVEVA

Maritime Activity Reports, Inc.

April 11, 2007

AVEVA announced that the Dragon Offshore Industries LLC (Part of QGM Group), Hamriyah free zone port, Sharjah, has selected AVEVA’s Marine Solution to use throughout all project lifecycles from estimation, through initial and detailed design, to the fabrication and final assembly. QGM Group was formed initially to provide engineering and turnkey construction and project Management services to the oil and gas sector, operators and contracting companies. Over the years it has expanded considerably and now has extensive experience in jack up rig construction, rebuild, modification, in addition to ship repairs and maintenance, which underpinned its decision to look for a new solution. AVEVA Marine will be used following training, on the current ongoing new build jack up projects ‘Thule Energy’ and ‘Thule Force’. These new build projects are in addition to the ‘Thule Power’ jack up, the reconstruction of the ‘Ex AD 19’, to deliver enhanced operating capability and state of the art drilling systems. These projects are for Thule Drilling of Norway and are valued at $355m. Mr. Tony Bromham of Dragon Offshore comments: “We selected AVEVA’s Marine Solution due to its technical superiority; its product development roadmap and AVEVA’s commitment to delivery of high level technical support and consultancy. We believe that by using this solution, we can deliver the best product and solutions to our most valued clients and at the same time gain the edge over our competitors and help to further establish Dragon Offshore as a lead player in the Marine & Offshore industry in the Middle East.” Louay Dahmash, Regional Director of AVEVA comments: “We are delighted to be working with Dragon Offshore. We are confident that AVEVA Marine is the ideal solution for Dragon Offshore, providing more productive engineering, cut-downs in fabrication costs, optimised workflow, and a leverage that further enhances its pioneering position in the region. To AVEVA, this serves as the first major AVEVA Marine implementation in the Gulf, a step that is bound to be followed with continued success in this area.”

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