The Dockwiser Middle East edition focuses on Dockwise and external developments in the region. The feature, Mecca of World Oil & Gas (12-23), covers the history of Middle Eastern oil spanning 100 years, review of top oil and gas players, world oil and gas landscape, countries leading the offshore pack and offshore drilling hotspots. Next to the feature, you will explore various sections including DockTalk, where Pushing Limits (24-25) and Arabian Float-over (34-35) articles cover recent installation projects. We also provide you with two different Industry Perspectives from the CEO of Shelf Drilling (30-31) and Dutch Ambassador to the UAE (36-37). In the Creating New Horizons section, seasoned managers from Dockwise and Boskalis provide an insight of doing business in the region as they focus on Growing Offshore Business (26-27) and Understanding Customer Needs (32-33). In the Technology Focus section, we describe the phases of a Float-over installation (28-29) whereby semi-submersible heavy transport vessels are used to transport and install offshore topsides. In addition to the oil and gas focus, we included a leisure article covering travel in beautiful Abu Dhabi (12-14).

1. MECCA OF WORLD OIL & GAS
MIDDLEEAST
2 0 1 4 I I S S U E 1 3
GrowingOffshoreBusiness
Focus.Reliability.
Relationships.
INTERVIEW WITH DAVID MULLEN,
CEO AT SHELF DRILLING
INTERVIEW WITH JAAP MEIJ,
VP SALES OFFSHORE PROJECTS AT DOCKWISE
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2. DOCKWISER DOCKWISER
2 3
DOCKWISE SUCCESSFULLY TRANSPORTS SECOND AIRCRAFT CARRIER HULL
Second of two Canberra class Amphibious Landing Helicopter Dock (ALHD) hulls,
the Adelaide was loaded onto the Blue Marlin at the Vigo inlet in Spain. The hull was
built by Navantia for the Royal Australian Navy measuring 230 m long.
The Adelaide was transported to BAE System Australia’s shipyards at Williamstown,
where it will be completed and delivered to the Commonwealth of Australia. •
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3. DOCKWISER 5
FROMTHECEO
Dockwise commences 2014 on a
positive note following a successful
year highlighted by winning its
largest contract ever (Wheatstone)
and the transport of the Concordia.
With the global economy showing
signs of recovery combined with a
relatively stable oil and gas industry,
the outlook for the year provides a
platform on which we can continue
to enhance our market position.
From an organizational perspective
it is safe to say that Dockwise has
become a solid part of the Boskalis
Offshore organization. The coming
years will continue to be exciting and
at the same time challenging for our
staff as Boskalis Offshore expands
its position in the industry.
The Middle East is an attractive
region with opportunities for
service companies active in the oil
and gas industry. In the region, we
continue to witness an increase
of offshore exploration activities.
With unique assets and a standing
track record, we have much to offer
clients operating in the Middle
East, particularly with installation
projects and jack-up rig transports.
Historically, Dockwise has had
success in the region transporting
a tremendous amount of rigs and
plans to maintain its presence.
Through Boskalis’ established
relationships dating back more
than 40 years, we will be able to
further strengthen our market
position and network. We intend to
deepen our relationships with the
larger EPC contractors active in the
region and continue to cooperate
with manufacturers in the Far East.
With these strategic relationships,
we will be able to collectively better
serve and surpass end customer
expectations.
In all, we firmly believe the Middle
East is and will continue to be an
attractive region with plenty of
growth and opportunities. •
FOREWORD
The Middle East is home to
nearly half of the world’s oil and
gas reserves with nations such
as Saudi Arabia, Qatar and Iran
leading in pole position. The
feature, Mecca of World Oil &
Gas (12-23), covers the history
of Middle Eastern oil spanning
100 years, review of top oil and
gas players, world oil and gas
landscape, countries leading
the offshore pack and offshore
drilling hotspots.
Next to the feature, you will
explore various sections including
DockTalk, where Pushing Limits
(24-25) and Arabian Float-over
(34-35) articles cover recent
installation projects. We also
provide you with two different
Industry Perspectives from the
CEO of Shelf Drilling (30-31)
and Dutch Ambassador to the
UAE (36-37). In the Creating
New Horizons section, seasoned
managers from Dockwise and
Boskalis provide an insight of
doing business in the region
as they focus on Growing
Offshore Business (26-27) and
Understanding Customer Needs
(32-33). In the Technology
Focus section, we describe the
phases of an Offshore Float-over
installation (28-29) whereby
semi-submersible heavy
transport vessels are used to
transport and install offshore
topsides. Next to the oil and
gas focus, we included a leisure
article covering travel in beautiful
Abu Dhabi (8-10).
Enjoy the read.
Editorial Team
REGARDS,
ANDRÉGOEDÉE
CEODOCKWISE
CONTENTS
DOCKNEWS6 - 7
ABUDHABI8 - 10
INDUSTRYPERSPECTIVE
FOCUS. RELIABILITY. RELATIONSHIPS. 30 - 31
STRONGER TRADE RELATIONS 36 - 37
DOCKSHOT2 - 3
STRONGERTRADE
RELATIONS36 - 37
MECCAOFWORLDOIL&GAS MIDDLE EAST
FEATURE
100YEARSOFMIDDLEEASTERNOIL14 - 15
TOPOIL&GASPLAYERS16 - 17
WORLDOIL&GAS18 - 19
LEADINGTHEOFFSHOREPACK20 - 21
OFFSHOREDRILLINGHOTSPOT22 - 23
DOCKTALK
PUSHING LIMITS 24 - 25
ARABIAN FLOAT-OVER 34 - 35
DOCKWISER
4
CREATINGNEWHORIZONSTOGETHER
GROWING OFFSHORE BUSINESS 26 - 27
UNDERSTANDING CUSTOMER NEEDS32 - 33
TECHNOLOGYFOCUS
OFFSHORE FLOAT-OVER INSTALLATION 28 - 29
Boskalis is strategically positioned to add significant
value for our relationships in the Middle East.
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4. DOCKWISER 7
WHEATSTONEMARKSDOCKWISE'SLARGESTCONTRACTEVER
DOCKWISETOTRANSPORTTHEWORLD'SLARGEST
ANDHEAVIESTJACK-UPRIGS
SUCCESSFUL
LUNCH&LEARN
SESSIONS
TOUR
FORLIFE
TEAMBOSKALIS/DOCKWISEAT
'RACEOFTHECLASSICS'
An enthusiastic team of 36 young professionals forming team Boskalis/Dockwise
competed in the 8th edition of the Race of the Classics, a major regatta in the
North Sea - bringing together 24 classic sailing ships - at which more than six
hundred Young Professionals lock horns. •
Dockwise has been conducting
‘Lunch & Learn’ sessions
successfully for many years. These
informal sessions are designed to
better inform relationships about
our service capabilities in a relaxed
and informal environment and at
the same time better understand
customer needs and challenges.
A small team of Dockwise experts
explain the services offered to
a broad group of management,
engineering, logistics and
procurement professionals with
attendance around 40 participants.
The cross functional approach
has had great results and has
been instrumental for a holistic
understanding of logistics for large
modular projects or heavy marine
transport services. Should you be
interested in participating in an
upcoming session, contact
sales@dockwise.com •
Last year Boskalis participated in
the Tour for Life 2013, an 8-day
cycling tour from Italy to the
Netherlands covering 1,250 km. The
event is characterized by fundraising
to support Doctors Without Borders,
an organization that provides
emergency medical relief to victims
of disasters, conflicts and epidemics.
The team was composed of 10
employees from various Boskalis
divisions. The philanthropic athletes
are now preparing for the upcoming
2014 challenge taking place from
August 31 to September 7. For more
information, visit:
www.tourforlife.nl/en/ •
UPCOMINGEVENTS
OTC May 5-8, 2014
Houston, USA www.otcnet.org/2014/
Rio Oil & Gas September 15-18, 2014
Rio de Janeiro, Brazil www.ibp.org.br
APPEA April 6-9, 2014
Perth, Western Australia www.appeaconference.com.au
Mexican Petroleum Congress June 4-7, 2014
Acapulco, Mexico www.congresomexicanodelpetroleo.com
Canada LNG Export September 16-18, 2014
Calgary, Canada www.canadalngexport.com
ADIPEC November 10-13, 2014
Abu Dhabi, UAE www.adipec.com
MCE Deepwater Development April 8-10, 2014
Madrid, Spain www.mcedd.com
ONS August 25-28, 2014
Stavanger, Norway www.ons.no
Offshore Energy October 28-29, 2014
Amsterdam, The Netherlands www.offshore-energy.biz
OSEA December 2-5, 2014
Singapore www.osea-asia.com
Dockwise has been awarded a contract by Bechtel for
module transport services, for the Chevron-operated
Wheatstone Project in Western Australia. The contract
value is estimated at approximately USD 275 million,
making it the largest contract ever for Dockwise and
work has commenced early 2014.
The scope of work includes logistical management and
transportation of over 100 modules from the Wheatstone
Project module yards in China and Malaysia to the
Wheatstone Project site located at Ashburton North,
12 kilometers west of Onslow in Western Australia.
To complete its scope the full breadth of heavy marine
transport assets including an expected total of six
Dockwise was awarded a contract from Statoil Petroleum
AS for the transportation of two large newbuild jack-up
drilling rigs. The two Cat-J rigs will be the largest and
heaviest jack-up rigs ever to be transported on a heavy
transport vessel. The rigs are on order with a South
Korean yard and are scheduled to be transported to
Dockwise Heavy Transport Vessels (HTVs) ranging in
size from T-Class to Type III open stern vessels, barges,
Floating Super Pallets (FSPs), two new SMIT Giant
barges and Anchor Handling Tugs (AHTs) will be used.
The HTVs will provide on-deck stowage for modules,
as well as piggy back capacity for barges/FSPs also
carrying modules, whilst the SMIT Giant barge and
AHT combination will be used as a towage solution.
By combining the comparative advantage of each
transport solution and using the broad expertise across
the Boskalis group, a total logistical management and
transportation package has been put together. •
Norway between the second half 2016 and the second
half 2017. Dockwise will deploy two of its largest vessels:
the Blue Marlin and her sister vessel the newbuild White
Marlin, which will be put into service later this year. •
DOCKWISER
6
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5. DOCKWISER
8 DOCKWISER 9
Abu Dhabi is one of the fastest
growing visitor destinations in the
Middle East region, offering a vast
array of tourism activities, from
those seeking religious knowledge
and experiences to those simply
looking for thrills.
In 2012, Abu Dhabi welcomed
2,388,023 guests to its 136 hotels
and hotel/apartments – a 13%
rise on its 2011 performance and
surpassing its target of 2.3 million
guests for the year, chalking up a
record for Abu Dhabi’s hospitality
sector according to the Abu Dhabi
Tourism & Culture Authority (TCA
Abu Dhabi). Hotel revenues for the
period were also up - this time by
6% - to Dh4.6bn ($1.261bn). The
target for 2013 has been set at 2.5
million visitors.
Abu Dhabi has a rich past evidenced
by scores of restored mud fortresses
Dhabi, it is open daily to visitors,
except on Friday morning, which is for
worshippers only.
The complex features 82 domes,
over 1,000 columns, 24 carat gold
chandeliers and the world’s largest
hand knotted carpet. The main prayer
hall is dominated by one of the world’s
largest chandeliers – 10 meters in
diameter, 15 meters in height and
weighing 12 tons. The mosque’s
first ceremony was the funeral of its
namesake, Sheikh Zayed, who is buried
at the site. Reflective pools surround
the mosque, amplifying its beauty.
The striking white and gold colors
that shine in the sun are transformed
at night by a unique lightning system
that reflects the phases of the moon.
During the holy month of Ramadan,
the mosque hosts vast Iftar meals
for the local population, where all
are welcome to join together for the
breaking of the daily fast.
Abu Dhabi’s coastline (more than
400kms) is one of its major natural
attractions, that range from a stroll
on the Corniche in the evening to
diving and sailing, Abu Dhabi offers
a plethora of water related activities;
it boasts five marinas including
the Emirates Palace Marina, the Al
Bandar Marina, Ghantoot Marina,
the intercontinental marina as well
as the Yas Marina.
Yas Marina
Yas Marina with its 175 berths gives
access to Yas Island, home to Yas
Marina circuit, where the world
famous Formula One motor racing
events are held. Visitors also have
the opportunity of driving the circuit
as part of the program on offer at
the Ferrari Formula One Experience.
The Yas Viceroy hotel offers first
class facilities on the Island, with
direct access from the Marina.
Another slightly more esoteric
pastime is camel racing. The annual
Abu Dhabi International Hunting
and Equestrian Exhibition (Adihex) is
home to the annual camel auction,
which attracts locals and tourists
alike. This year’s reserve price for a
young camel is AED25, 000 ($6,800),
a 20% increase from 2012. The record
auction price however, is AED6m
($1.6m), but AED2m ($550,000) is
considered a good price. The Camel
Race Track offers races on Thursday
and Friday in the winter. Not only can
you watch the races, but you’ll have
the opportunity to visit the paddocks;
the town of Shweihan, in the eastern
part of Abu Dhabi emirate is well
known for its races, and Liwa also
has an annual event.
2000 Green spaces
Abu Dhabi offers many green
spaces, about 2000. The Khalifa
Park, built at a cost of $50 million,
has its own aquarium, museum,
train play park and formal gardens.
As well as its well-maintained green
spaces, spacious, modern and air
conditioned malls are a welcome
escape from the summer heat and a
world of choice when it
comes to shopping. In Abu Dhabi,
malls are a place to catch up with
friends or for a family outing. With
their imaginative designs and wide
range of outlets, shopping malls,
of which there are currently 12, are
extremely popular. The bigger malls
across the emirate and the remains
of an underground irrigation system
in Al-Ain oasis, a site that has been
continuously inhabited for more than
4,000 years. The emirate’s cultural
life is rooted in a long tradition of
literary work, camel and horseback
riding, falconry, traditional artwork
and the cultural exchanges brought
about by trade. It is the largest
and most populated of the seven
emirates that make up the UAE,
with over 80% of its landmass. The
emirate’s population, now over
1.6 million, is expected to reach 3
million by 2030.
Sheikh Zayed Grand Mosque
One of Abu Dhabi’s most popular
tourist attractions is the Sheikh
Zayed Grand Mosque. This
architectural work of art is one the
world’s largest mosques, with a
capacity of over 40,000 worshippers.
Unlike other mosques in Abu
ARISINGSTARINTHE
REGIONALFIRMAMENT
THEABUDHABIMALL,WITHOVER200SHOPSANDAN
AVERAGEOF40,000VISITORSADAY,ISMORETHAN
JUSTASHOPPINGDESTINATION.
BY RHONA WELLS

6. DOCKWISER
10
NAMEYOURCHALLENGE.
TOGETHERWE'LL
ACHIEVEIT.
REALIZING
THEINCONCEIVABLE
TOGETHER
Nothing is impossible when we put our minds to it. With the right people and passion we can move mountains.
At Dockwise, we provide reliable and trusted services our customers have come to expect. We take pride working
together with our clients and partners to deliver one of a kind projects in the oil and gas, mining, renewable, port
and marine industries for more than 30 years. We provide exceptional ocean transport, offshore installation and
logistical management solutions unlike any other. Our unique fleet of 23 semi-submersible heavy transport vessels
in combination with our multidisciplinary engineering hubs enables us to meet your local needs. Being part of
Boskalis, the global dredging and marine expert, opens up a world of even more opportunities for our customers.
A journey of a thousand miles starts with a single step. Let’s take it together.
DISCOVER YOUR JOURNEY AT WWW.DOCKWISE.COM
buzz with activity as people meet,
eat, pose and parade. During festive
occasions such as Eid or Ramadan,
malls are venues for special events
such as dance or cultural shows,
often featuring international acts.
The Abu Dhabi Mall, with over 200
shops and an average of 40,000
visitors a day, is more than just
a shopping destination. The Mall
offers a selection of restaurants,
coffee shops, a children’s play area
as well as a Cineplex cinema. The
Marina Mall features a 100 meter
high viewing platform, an ice rink,
a bowling alley, a Cineplex, musical
fountains and hundreds of big name
brands and stores; it has become
an Abu Dhabi landmark. A new
addition to the mall is CityStore the
region’s first stand-alone store of an
English Premium League team. The
Manchester City FC outlet features
a full range of club merchandise,
of the desert, Beit Al Bahr, the
original houses of Emirati sea-
dwellers which are made from palm
fronds, and Beit Shaar, or woven
tents. There are no televisions on-
site, encouraging the guests to enjoy
an authentic desert experience.
Another exciting green destination
is Masdar city, which can be visited
daily, a city designed to rely entirely
on solar energy and other renewable
energy sources, with zero-waste.
It initially aims to be a sustainable
zero-carbon car free city and is
already well on track to achieving
its aims.
From green credentials to
exhilarating experiences and super
slick hotels, with new inspiring
museums underway, Abu Dhabi
has something for all discerning
travelers of the 21st century. •
including a shirt printing service to
create personalized items.
Desert experiences
Making the most of its geographic
location and desert heritage, Abu
Dhabi also offers a variety of desert
experiences, which include the
ubiquitous dune bashing, sand
boarding, skiing and desert camps.
In Al Ain, deep in Abu Dhabi’s
heritage heartland Al Khatem, the
Arabian Nights Village harnesses
the soul and essence of old Arabia.
Conceived to give visitors a chance
to experience the timeless and
ethereal beauty of the desert as
well as traditional Emirati life, the
Arabian Nights Village is not a hotel,
but by no means is it rough camping
either. The site is powered by four
sound-proofed generators and there
are three types of room available,
Beit Al Barr, traditional mud houses
This article is reprinted with kind permission from ‘The Middle East Magazine’. It first appeared in October 2013 of said magazine.
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7. 14 - 15
100YEARSOFMIDDLEEASTERNOIL
16 - 17
TOPOIL&GASPLAYERS
18 - 19
WORLDOIL&GAS
22 - 23
OFFSHOREDRILLINGHOTSPOT
20 - 21
LEADINGTHEOFFSHOREPACK
DOCKWISER 13
DOCKWISER
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MIDDLE EAST FEATURE

8. OFMIDDLEEASTERNOIL
MIDDLEEASTFEATURE
DOCKWISER DOCKWISER
14 15
would be not only the deciding factor
in countless confrontations, but
vital to strategic decision making
for both the Axis and Allied powers.
After World War II, the majority of oil
consumption has been until recently,
primarily in Europe, North America
and East Asia, despite the largest
concentration of oil reserves located
in the gulf region. Numerous foreign
policy debacles resulted in repeated
world oil crises following attempts
to colonize or control oil producing
nations in the Middle East.
Oil crises
Mohammed Mossadegh
nationalizing the Anglo-Iranian
Oil Company in Iran was the
commencement of the first crisis
in 1951. The United States and
Great Britain responded in 1953
by initiating a coup, infamous
Operation Ajax, resulting in the fall
of Mossadegh and the return of
the Shah. There was also growing
sentiment in the Middle East that
Western oil companies were taking
too large a share of the revenues,
while the oil exporting countries
were keeping only a fraction of what
they were entitled. This imbalance
among other aspects led to the
creation of the Organization of
Petroleum Exporting Countries
(OPEC) by Saudi Arabia, Iran, Iraq,
Kuwait and Venezuela.
The next oil crisis would begin
with the nationalization of the
Suez Canal by Egypt. This oil
crisis began in 1967 when Egypt,
Jordan and Syria attacked Israel
in what would come to be known
as the Six-Day War, resulting in an
Arab oil embargo that temporarily
crippled the American Economy.
This encouraged significant energy
and monetary policy changes in
Oil has had a significant impact on
humanity. The impact, however, on
today’s Middle East has questionably
been even greater. The age of oil
in the region started in 1901, when
William Knox D’Arcy, a British
businessman, obtained a significant
oil concession from the Shah of
Persia, which covered much of
modern day Iran. The entrepreneur
was at the brink of bankruptcy
when he discovered oil in 1908
which would later be managed by
the Anglo-Persian Oil Company,
predecessor to today’s British
Petroleum. The discovery of oil and
subsequent quantities played a
significant role in the dispute for its
control leading toward and after the
world wars.
World wars
Soon the Middle East would be
involved in World War I. The British
formed an alliance with Sharif
Hussein of Mecca against the
Ottomans who were ordered by
Enver Pasha. The formed alliance
attempted to fuel Arab nationalism
against the Turks. After the war,
the British failed to support Arab
independence as promised. The
Ottoman lands would be divided into
French and British protectorates with
political boundaries that gave little
regard to the division of people and
groups. This division of land is for the
most part still with us to this day.
Despite early oil discovery in Persia,
the age of oil in the Middle East
would not seriously begin until well
after the end of World War I. The
global economy continued to rely
on coal during the interwar period.
After a wave of discoveries of major
reserves through the Middle East
before and shortly after World War
II, coal slowly began to give way to
the up and coming oil boom. Of those
discoveries, the most significant
findings were found in Iraq, Bahrain,
Saudi Arabia and Kuwait. Creation
and independence of many of the new
Middle East states strongly coincide
with the influx of oil revenues. Iraq
and Saudi Arabia acquired their
independence in 1932 followed much
later by Kuwait in 1961.
Access to oil during World War II
Oman, Jordan, Kuwait and Bahrain.
Minor protests have been seen
in Saudi Arabia, whereas major
protests have been witnessed in
Iraq and Lebanon. Many of these
countries continue to experience
unrest, while others have managed
to subside tensions.
The next 100 years
Oil sourced from the Middle East has
played an important role in molding
the 20th century. Oil discoveries
of vast quantities, world wars
and crises have all contributed in
sculpting today’s global oil and gas
landscape.
Today, the Middle East accounts for
nearly half of the world’s proven
oil and gas reserves. In spite of
significant worldwide shifts and
technological advancements in
production and exploration, it will
likely be many decades before the
world economy stops relying on
Middle Eastern oil and gas to fuel
the demands of a growing global
economy.
The world’s dependence on fossil
fuels is expected to curb in the
next 100 years. Technological
advancements in alternative energy,
peak oil theories and population
growth will all play a vital role on
global energy supply and demand.
Middle Eastern oil and gas reserves
will gradually taper off forcing
countries in the region to diversify
their economy to avoid possible
stagnation. A post-oil economy will
significant impact humanity, but
may potentially have an even greater
impact in the Middle East. •
the West, particularly a renewed
search for other sources of supply
and a move to alternative energy
sources. Worldwide oil exploration
and advances in alternative
energy continued to the 1979
Iranian Revolution, resulting in
the overthrow of Shah by the
dissident Ayatollah Khomeini and
establishment of his vision for a Shia
Islamic Republic.
OPEC’s control and influence over
the global oil market reached a
crossroad as high oil prices of
the 70s resulted in major new oil
discoveries in Alaska, Caucasus,
the Caspian Sea and North Sea
all of which began to undermine
OPEC’s dominance. The mid-80s
witnessed a collapse in oil prices
forcing OPEC to undertake a shift
from deliberate price controls to an
indirect influence on prices based on
member quotas.
The last crisis of the twentieth
century originated from the first Gulf
War and Iraq’s attempted annexation
of Kuwait. The combined reserves of
Iraq and Kuwait during this period
was estimated upwards to almost
70 percent of the world’s known oil
reserves. This war ended with the
fall of the Saddam Hussein regime
followed by a decade of relative
stability in Middle Eastern oil states
until the events of 11 September
2001, which would upset this
balance in a dramatic way.
The most recent crisis, the Arab
Spring, a revolutionary wave of
demonstrations, protests and civil
wars, has had a significant impact
in the Arab world since 2010.
Civil unrest has led to overthrown
regimes in Libya, Yemen and Egypt
as well as governmental changes in
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010
20
0
40
60
80
100
120
Fears of shortage US
Iranian revolution
Iraq invaded Kuwait
Invasion of Iraq
Growth of Venezuelan
production Post-war reconstruction
Suez crisis Arab Spring
USD PER BARREL, 2012

9. IRAQ
Res
Pro
Res
Pro
150
3,115
9%
3.7%
3.6
0.8
1.9%
n/a
IRAN
Res
Pro
Res
Pro
157
3,680
9.4%
4.2%
33.6
160.5
18%
4.8%
KUWAIT
Res
Pro
Res
Pro
101.5
3,127
6,1%
3,7%
1.8
14.5
1,0%
0,4%
SAUDI ARABIA
Res
Pro
Res
Pro
266
11,530
15.9%
13.3%
8.2
102.8
4.4%
3.0%
UAE
Res
Pro
Res
Pro
97.8
3,380
5.9%
3.7%
6.1
51.7
3.3%
1.5%
QATAR
Res
Pro
Res
Pro
23.9
1,996
1.4%
2.0%
25.1
157
13.4%
4.7%
The Middle East is the mecca of oil
and gas. With estimated 48 and 43
percent of the world’s oil and gas
reserves respectively, the region
is by a long shot ahead of the rest
of the world. South and Central
America are a distant second place
with 20 percent proven oil reserves
whereas Europe and Eurasia hold 31
percent of the world’s gas reserves.
The Middle East is home to oil and
gas heavyweights. In total, the
region holds nearly half of world
oil and gas reserves of which Saudi
Arabia holds 15.9% - nearly a sixth
- or a whopping 266 billion barrels
of oil lying under its territory along
with 8.2 trillion cubic meters of gas
reserves.
Iran boasts 9.4% of the world’s
oil reserves and the lion’s share
18 percent of the world’s gas
reserves. The Persian nation is
The United Arab Emirates ranks
high in the region and holds a
5.9 percent of global oil reserves
with 97.8 billion barrels at its
disposal. The Gulf state is capable
of producing nearly 3.3 million
bpd. It also has the second-highest
production to consumption ratio in
the world after Iraq.
Though tiny in comparison to
its neighbors, Kuwait boasts 6.1
percent of global oil reserves which
translates into 101.5 billion barrels
of oil. In terms of its production
potential, Kuwait pumps out around
3.1 million bpd.
Qatar compensates its lack of oil by
claiming the world’s second largest
gas reserves at 13.4 percent. Second
only to Iran, Qatar produces a
staggering 157 billion cubic meters
of gas. •
capable of producing 102 billion
cubic meters of gas. Were it not
for the numerous trade sanctions
imposed on it—a major hindrance
to the development of its oil and
gas infrastructure—the Islamic
Republic could potentially find
its production to be many orders
of magnitude higher. Recent
developments surrounding
sanctions placed on Iran may alter
the production capabilities of this
oil and gas rich nation.
Iraq’s oil and gas reserves are
estimated at 150 billion barrels
and 3.6 trillion cubic meters
respectively. The country is
currently faced with instability and
the slow recovery of its oil and gas
industry. Production figures are
expected to increase quite rapidly
as investment in modernizing its
energy infrastructure and field
development gathers pace.
TOPOIL&GAS
PLAYERS
MIDDLEEAST
LEADINGTHEWORLD
DOCKWISER DOCKWISER
16 17
MIDDLEEASTFEATURE
Reserves
THOUSAND MILLION BARRELS
Reserves
TRILLION CUBIC METERS
Production
THOUSAND BARRELS DAILY
Production
BILLION CUBIC METERS
Figures shown as percentage of world total.
Source: IEA, BP Statistical Review of World Energy 2013.

10. 4
3
7
.7
5.8 4.1
3
1
8.3
Gas
Middle East
Total Africa
Asia Pacific
North America
South & Central America
Europe & Eurasia
4
8
7.8 13
2
0
8
.
4
2.5
Reserves
Oil
3
3
1
1
9.6 18
8
.
5
2
0
Production
1
6
6
.
4
2
7
5
.
3
3
1
15
Production
DOCKWISER DOCKWISER
18 19
MIDDLEEASTFEATURE
WORLD
The Middle East holds nearly half of world’s oil and gas reserves and ranks high in the production of these precious
fossil fuels, but how do other regions compare?
Oil Comparison
The South & Central America region has the second highest oil reserves (20%) followed by North America (13%),
Europe & Eurasia (8.4%), Africa (7.8%) and Asia Pacific (2.5%). The top three oil producing regions are led by the Middle
East which produces 33 percent of world output followed by Europe & Eurasia (20%) and North America (18%).
Gas Comparison
Second only to the Middle East, the Europe & Eurasia region has a sizable amount of gas reserves at 31 percent of
the world’s total. Collectively, the Middle East and Europe & Eurasia regions account for nearly 74 percent of the
world’s known reserves. The Asia Pacific region has the third largest gas reserves at 8.3 percent followed by Africa
(7.7%), North America (5.8%) and South & Central America (4.1%). Europe & Eurasia tops the chart as the highest gas
producing region with 31 percent of world’s output followed by North America (27%), Middle East (16%), Asia Pacific
(15%), Africa (6.4%) and South & Central America (5.3%). •
Figures shown as percentage of world total.
Source: IEA, BP Statistical Review of World Energy 2013.
Reserves Production
Oil 13% 18%
Gas 5.8% 27%
NORTHAMERICA
Reserves Production
Oil 20% 8.5%
Gas 4.1% 5.3%
SOUTH&CENTRALAMERICA
Reserves Production
Oil 8.4% 20%
Gas 31% 31%
EUROPE&EURASIA
Reserves Production
Oil 2.5% 9.6%
Gas 8.3% 15%
ASIAPACIFIC
Reserves Production
Oil 48% 33%
Gas 43% 16%
MIDDLEEAST
Reserves Production
Oil 7.8% 11%
Gas 7.7% 6.4%
TOTALAFRICA
Reserves

11. OFFSHOREPACK
MIDDLEEASTFEATURE
Safaniya Oil Field
Saudi Aramco
Recoverable Reserves:
36 billion barrels
Daily Production:
1,500,000 barrels
Upper Zakum Oil Field
Zakum Development Company
Recoverable Reserves:
21 billion barrels
Daily Production:
500,000 barrels
Manifa Oil Field
Saudi Aramco
Recoverable Reserves:
13 billion barrels
Daily Production:
500,000 barrels
DOCKWISER DOCKWISER
20 21
Offshore oil and gas reserves are found throughout the world with the greatest
share concentrated in the Arabian Gulf. The three largest offshore oil fields are
located off the coasts of Saudi Arabia and the United Arab Emirates (UAE). The
combined reserves are estimated well above 100 billion barrels of which an
estimated 70 billion barrels are recoverable.
Safaniya
Safaniya field in the Arabian Gulf,
Saudi Arabia, is the world’s largest
offshore field. It is owned and operated
by Saudi Aramco, the national oil and
natural gas company of Saudi Arabia.
The field is believed to contain an
estimated total reserve of more than
50 billion barrels. The recoverable oil
reserves at the field are estimated to
be up to 36 billion barrels.
Safaniya was discovered in 1951
and has been in production since
1957. It is operated with more than
624 production wells and a series of
different platforms. Daily production
capacity of the heavy crude oil
producing field is up to 1.5 million bpd.
Saudi Aramco is currently
implementing a Master
Development Plan to sustain the
production capability of the ageing
field. The development plan includes
expansion and upgrade of the field’s
crude-gathering and transport
capacity, and the installation of
electric submersible pumps (ESPs)
for artificial lifting of crude.
Upper Zakum
Upper Zakum oil field, located
84 km north-west of Abu Dhabi
Islands, UAE, in the Arabian Gulf,
is the second largest offshore oil
field in the world. The offshore oil
field reportedly contains around 50
billion barrels of oil in total with an
estimated recoverable oil reserve of
up to 21 billion barrels.
The Upper Zakum field was
discovered in 1963 and brought
on stream in 1967. It is owned and
operated by Zakum Development
Company (ZADCO), which is a joint
venture of Abu Dhabi National Oil
Company (ADNOC-60%), ExxonMobil
(28%) and Japan Oil Development
Company (JODCO-12%).
The current production capacity of
the field is 500,000 bpd. The crude
oil from Upper Zakum is sent for
further processing, storage and
export to the Zirku Island located
140 km north-west of Abu Dhabi.
The oil field is currently undergoing
an upgrade worth more than USD
10 billion to increase its daily
production to 750,000 bpd by 2015
and expected to sustain the same
volume for 25 years.
Manifa
Manifa oil field, located south-
east of the Safaniya field in the
shallow waters of the Arabian Gulf
is reported to contain an estimated
recoverable oil reserve of up to 13
billion barrels, making it the third
largest offshore oil field. It is a
heavy crude oil producing offshore
field owned and operated by Saudi
Aramco.
Manifa field was discovered in 1957.
It started production in 1964 with
daily capacity of 200,000 bpd. It
was brought offline in 1984 due to
reduced demand for its heavy crude.
Saudi Aramco made an investment
decision in 2007 to restart production
with increased capacity as the oil
price exceeded USD 70 per barrel.
The front-end engineering and
design (FEED) for the Manifa crude
oil field development was completed
by the end of 2007. The first phase of
production started in April 2013, and
by the end of the year, production
reached 500,000 bpd and is expected
to increase to 900,000 bpd by the end
of 2014. •
1 2 3
1
2
3
TOPTHREEFIELDSLOCATED
INARABIANGULF

12. DOCKWISER DOCKWISER
22 23
The offshore landscape in the Middle East has seen a
considerable degree of drilling activity. High oil prices
and development of advanced technologies have led to an
increase in the number of offshore drilling projects.
The offshore drilling hotspot shows no sign of slowing.
In spite of all the challenges, the market for offshore
drilling in Middle East is one of the fastest growing in the
world. An estimated 307 wells were drilled in the region
during 2013 and expected to reach 364 by 2020.
The Middle East is attracting a great deal of investment
from oil majors such as BP and Total. Offshore drilling
expenditure has grown across the region reaching nearly
USD 65 billion between 2006 and 2012.
High rig count
It comes as no surprise for the oil and gas industry
that the offshore arena in the Middle East is keeping
international and regional drilling companies busy as
The region has an
estimated 138 rigs in
total of which 108 are
actively drilling,
while the remaining
30 rigs are cold/hot
stacked, en route or are
under construction.
the region has the highest rig count in the world. The
region has an estimated 138 rigs in total of which 108 are
actively drilling, while the remaining 30 rigs are cold/hot
stacked, en route or are under construction. The top five
rig managers - Noble, National Drilling, Rowan, Ensco and
Shelf Drilling - account for nearly half of the active rigs.
Growing exploration activities
Saudi Arabia tops the chart with a sizable 46 offshore rigs
operating within its territory. The oil and gas giant has over
the past year significantly increased exploration activities.
Iran and United Arab Emirates are also very active offshore.
Iran accounts for 28 offshore rigs while the United Arab
Emirates accounts for 21. Qatar follows closely with 11
offshore rigs to further production aspirations.
As these offshore drilling trends continue, we can
expect sustained investments to support offshore field
development in the Middle East. •
MIDDLEEASTFEATURE
Source: RigBase, Petrodata 2014; Morgan Stanley 2014
OFFSHORE
DRILLING
QATAR
11
UAE
21
OMAN
2
SAUDI ARABIA
46
IRAN
28
OFFSHORE RIGS COUNT

13. DOCKWISER DOCKWISER
24 25
The start of the Ofon2 project goes a long way back. It all started in 2007, when Dockwise
received a commitment letter from Technip France, resulting in a contract for the transport
of a topside weighing almost 14,000 mt.
Next to a safe delivery of the topside,
the project team had to deal with
another challenge, the rapidly
increasing risk of piracy at the
topside discharge location in the
Gulf of Guinea.
Closely following instructions and
recommendations given by the
Dockwise Security Council, Total/
Technip security advisors and a third
party assessor, Drum Cussac was
called to transform the Transshelf
into an impregnable fortress. “At
Dockwise, we take safety seriously.
Protecting the crew, cargo and the
vessel is etched into our company
culture and we do not compromise
on safety,” comments Bas Polkamp,
Project Manager at Dockwise
Meanwhile, Dockwise matured from
a heavy marine transport company
to a full transport and installation
contractor. Dockwise’s extended
capabilities had quite an impact
on the Ofon2 contract resulting in
a few variation orders following
Dockwise’s expressed ambition
to take on additional scope. Next
to transportation, Dockwise was
also assisting with the float-over
installation of the now
16,000 mt topside.
Enduring hurdles
In 2011, the ultimate client Total
managed and took the next steps
required to progress with the project
by contracting Saipem-Nigeria
for the fabrication of the Ofon2
jacket. Next to this, the Dockwise
Ofon2 project team being kept to
skeleton-crew had a green light to
scale up to a full team in order to
prepare engineering, procurement
and subcontracting, QHSES, project
control, logistics and operations.
Pushing limits
The Dockwise team faced the
challenge to push the Transshelf
to her very limits due to the cargo
weight increase to 16,000 mt.
Substantial underdeck
reinforcements and additional
buoyancy realized by two big tanks
on the stern of the vessel did the
trick in order for the Transshelf
to safely transport and install her
heaviest cargo ever.
Flawless execution
Execution of the project commenced
on 22 August 2013, when the vessel
was mobilized from Bahrain to the
project equipment supply base in
Singapore.
With the majority of project
equipment carried on deck,
Transshelf arrived at the Cosco
Dalian Yard in China for outfitting on
17 September 2013. In a period of
6 weeks, the full deck of Transshelf
was covered with steel and
equipment as every square meter of
the deck was used.
Upon completion of the outfitting
phase, the vessel sailed to the
Hyundai Heavy Industry offshore
yard in Ulsan, Korea to load
the topside by means of a skid
operation. With the topside safely
sea-fastened, the Transshelf
commenced her 40 day voyage to
OML-102 on 26 November 2013.
After a project life of eight years,
the Ofon2 float-over project was
completed safely in 13.5 hours. The
successful installation of the Ofon2
deck was executed on
7 January 2014. •
LIMITS
OFON2FLOAT-OVER
DOCKTALK
DOCKTALK WITH
BAS POLKAMP
Project Manager at Dockwise
VIEW
THE PHOTO
GALLERY

14. DOCKWISER DOCKWISER
26 27
What is your role at Dockwise?
As VP Sales Offshore Projects, I have
global commercial responsibility for
all offshore related transportation
and installation contracts. In doing
so, I ensure strategic and financial
objectives set by the company are
met. Next to this, I closely liaise
with the regional managers on
their individual prospects and
assist in our search to identify and
collaborate with strategic partners
for larger projects that go beyond
our existing capabilities. Other
responsibilities include membership
of the Dockwise Proposals and
Project Board and key account
management responsibilities for
some key clients.
Now that Dockwise is a wholly
owned subsidiary of Boskalis,
we closely work together with
other business units to ensure
we capitalize on the potential
synergies of identified opportunities.
Furthermore, we feel responsible
to make sure communication
between the various business units
is optimal.
How does Dockwise stand to benefit
from the growing offshore market?
The Middle East is a growing but
volatile market influenced by a
large number of external and
cultural factors. In the region,
we foresee a tremendous boost
in capital expenditure (CAPEX)
in the coming decade. These
investments ultimately result in
field developments that will require
services provided by Dockwise and
Boskalis Offshore.
In the near future, we foresee very
large offshore developments in the
Arabian Gulf and more specifically
the United Arab Emirates. With
our unique assets and established
service track record, we can provide
value added activities for the various
clients managing these mega
development projects. In the long
term, a serious number of potential
prospects have been identified
which require early influencing
and positioning to ensure future
development concepts match our
capabilities. Local visibility and
presence are key in this process.
At the same time, the Middle East
oil and gas market is considered
to be a relatively closed market
where large local contractors
dominate the playing field. Creating
or building a new market position
requires the right network,
local support, persistence and a
business proposition that cannot
be ignored. The remaining cultural
differences can be bridged with local
presence and partners, which are
instrumental for growth.
Can you describe Dockwise’s
competitive environment in this
region?
Competition mainly comes from
the established larger Engineering,
Procurement, Installation and
Construction (EPIC) contractors
that offer transport and installation
services as leverage to win full
EPIC contracts. For this reason, we
focus on (inter)national Engineering,
Procurement and Construction
(EPC) contractors as they are keen
to team up with Dockwise and
Boskalis Offshore.
Given the public bidding process
for large projects, governed by
local laws, price will ultimately
be the major differentiator in
deciding who will win the job.
The value proposition currently
offered by Dockwise and Boskalis
allows us to be competitive without
compromising our margins. With
support of Boskalis Middle East, a
local entity with more than 40 years’
experience in the region, we will
be able to further our ability to win
projects of this scale. •
OFFSHORE
BUSINESS
CREATING NEW HORIZONS TOGETHER
INTERVIEW WITH JAAP MEIJ, VP SALES OFFSHORE PROJECTS AT DOCKWISE
Jaap Meij, VP Sales Offshore Projects
at Dockwise, has more than 20 years’
experience in the offshore industry. Prior
to Dockwise, he has worked for Heerema
Marine Contractors in various management
functions. Mr. Meij holds an Executive MBA
from Business School Netherlands.

15. OFFSHORE
FLOAT-OVER
BIGGERANDHEAVIERDECKSONTHEHORIZON
TECHNOLOGY FOCUS
DOCKWISER DOCKWISER
28 29
An offshore installation method that
is more than three decades old is
generating renewed interest from
many operators who are challenged
with designing heavy-lift crane
installations. Float-over installation
has become a cost-effective
alternative to lift installation for
offshore construction, as ever-
increasing size and weight of
decks constantly exceed the lifting
capacity of floating cranes.
Exploration of oil and gas in more
remote offshore fields is driving
the increasing demand for larger
offshore units along with float-over
installations. In the coming four
years, an estimated 660 offshore
production platforms are expected to
be constructed worldwide of which
180 weigh more than 12,000 tons.
Float-over strengths
Float-over installations have innate
benefits due to the installation
approach. One of the key strengths
of the float-over is the lack of
rendez-vous risk, which is the
schedule risk resulting from the
need to have the crane and vessel
in the field at the same time. In
principle, float-over installations
do not have a weight limitation
as today’s heavy transport
vessels (HTVs) are capable to
transport and install mega sized
topsides. In addition, integrated
platform installation eliminates
extensive offshore hook-up and
commissioning resulting in limited
overall offshore exposure.
Float-over phases
There are several phases involved
when installing a deck with a
semisubmersible HTV. The first is
the standby phase where the HTV is
at a safe distance from the jacket but
connected to the mooring system.
Last minute arrangements such as
preparing the vessel’s ballast system
or the hydraulic jacks are under way.
The second is the docking phase
where the vessel carefully enters the
jacket slot, the distance between the
jacket legs. Winches or tugs are used
to pull the HTV carefully into position.
In the third phase, pre-mating, the
vessel positions the deck directly
above the jacket. Once positioned,
the HTV ballasts to match the leg
mating unit (LMU) with the receptors
on top of the jacket legs. During this
phase, it is critical that the vessel
motions be limited to suit the chosen
LMU geometry. No weight transfer
yet occurs.
For a successful float-over
operation, countless hours of
preparation come down to the exact
moment when the deck makes
contact with the jacket. The fourth
phase is the most critical point of
the installation leaving no room for
uncertainty in the functionality of the
load transferring equipment.
In the mating phase, the deck is
lowered onto the jacket by the
vessel’s rapid ballasting system
where large quantities of water
enter the ballast tanks, which
enable the HTV to submerge. During
this phase, the deck’s weight is
completely transferred from the
vessel onto the jacket. Custom
engineered elastomer is used in the
design of the LMUs to dampen the
friction during load transfer.
In the post-mating phase, the deck
sits secure on top of the jacket and
a gap is created between the deck
support unit (DSU) and the HTV to
ensure vessel motions will not cause
contact between the two.
In the exit phase, the vessel departs
from the jacket slot on its own
propulsion or with assistance from
tugs. These five phases may slightly
differ depending on equipment and
installation approach.
Float-over requirements
There are three essential
specifications required for an HTV
to perform a float-over. The first
is the HTV’s width being the right
size. The vessel must be narrow
enough to fit inside the jacket
slot. Secondly, the vessel must be
designed with an open stern and
equipped with movable casings.
The open stern enables the HTV to
exit the jacket slot during the last
phase of an installation. To ensure
the deck is perfectly positioned
onboard the vessel, casings, which
facilitate balance and ballasting,
can be moved to best accommodate
the cargo. Lastly, HTVs must have
sufficient strength and stability to
carry and transport heavy decks. •

16. DOCKWISER DOCKWISER
30 31
Shelf Drilling is working closely
with Transocean under a
transition services agreement.
Is the transition coming along as
planned?
Achieving independence from
Transocean was a challenging and
complex undertaking. Although
the transition of the 38 rigs in 12
different countries has thrown
many obstacles in our way, today
we are substantially independent
and managed to achieve this within
the projected timeframe. The
Transaction required that Shelf
Drilling establish it own entities
in each area of operation with all
the prerequisites to operate as
an independent company. Shelf
Drilling developed and built a fit
for purpose ERP system and an IT
supporting infrastructure that was
easy to maintain. The ERP system
was intentionally not customized to a
high degree.
What regional opportunities do you
see in the Middle East?
The Middle East is a fast growing
market and I expect it will continue
to be as Saudi Arabia, Qatar and
UAE continues to look to increase
their production or productive
capacity. The customer break-even
costs in the Arabian Sea are among
the lowest in the offshore sector
and compare reasonably well with
onshore Middle East.
The Saudi Arabian market is
experiencing increased domestic
demand and increasing natural
decline on the large prolific onshore
mature fields. Offshore production
is projected to continue to increase;
all the significant discoveries are
in the shallow water of the Arabian
Gulf such as Safaniya and Manifa
field with 36 and 16 billion barrels of
recoverable oil. Currently almost 25
percent of the country’s production
is coming from offshore production.
The United Arab Emirates (UAE)
is the home of the second largest
offshore field “Upper Zakum” with
50 billion barrels of oil in place and
21 billion barrels of recoverable.
National Drilling Company (NDC)
provide rigs to the parent ADNOC
group of companies and also looks
to the international contractors for
the additional rig capacity to meet
the current rig demand. UAE has
aggressive production targets and
consequently and progressively
increasing rig requirements over the
next 5 years.
Qatar has clear targets to increase
liquid hydrocarbon production as
a result of significant near shore
exploration success in recent years.
Qatar is the home of the largest
offshore gas field, the North Field,
and I expect we will see a gradual
lifting of the gas moratorium on
drilling which will further enhance
drilling activity in the outer years.
Which industry trends in the Middle
East impact Shelf Drilling’s growth
strategy?
The Middle East macro environment
is supportive of the current activity
trends and will likely continue to
support growth. The Middle East
is currently the largest jack-up
market and the prolific nature of the
near shore fields and low customer
break-even economics will continue
to fuel growth. In addition the near
shore fields will provide a buffer
against the natural decline of some
of the large on shore fields. The
Kingdom of Saudi Arabia has a
rapidly growing population where
approximately 50% of the population
are below 25 years of age, the
kingdom currently consumes
approximately 4 million barrels of
oil per day and this trend will likely
continue to grow with the increasing
demand within the kingdom.
The newbuild supply is not a threat
to our activity in the Middle East, as
the rigs working in Saudi Arabia are
very fit for purpose for what they do,
conforming with “Schedule G” and
having a shallow draft capability to
work in work-over and development
drilling on the very shallow water
areas of the Safaniya and Manifa
fields offshore Saudi Arabia.
We are however also looking at
newbuilds, with the difference
that the Shelf Drilling newbuilds
design will be fit for purpose for
our geographies with technical
specifications that will provide
greater efficiency while drilling and
during rig moves. We also believe
that we can build new rigs, which
are fit for purpose and more efficient
and that are substantially less
expensive than the newbuilds in the
market today. •
FOCUS.RELIABILITY.
INDUSTRY PERSPECTIVE
Shelf Drilling Holdings Limited is a private
company which owns and operates
independent catilever jack-up drillng rigs
headquartered in Dubai with operations
in Southeast Asia, Middle East, India,
Mediterranean, North Africa and
West Africa. The company is
solely focused on shallow water
drilling and currently active in
12 countries. Shelf Drilling
is led by David Mullen and
supported by approximately
4,000 employees and
contractors.
Jack-up rig ‘Key Hawaii’ on board the Transshelf
OFFSHOREDRILLINGACTIVITIESSOAR
INTERVIEW WITH DAVID MULLEN, CEO AT SHELF DRILLING

17. DOCKWISER DOCKWISER
32 33
What is your joint responsibility in
the Middle East?
We are responsible for dredging
activities in the Middle East such
as building ports and channels and
land reclamation. We also support
the intergroup companies in the
Middle East. For example, we are
expanding our activities to areas
where we see increased added
value, both for our customers and
indirectly for Boskalis Offshore
and Dockwise who are active in
the offshore industry. In doing
so, we make use of our network,
which dates back to the 1970s, to
broaden the services offered to our
customers.
How important is the Middle East
for Boskalis?
The Middle East is a strategic region for
us. We have offices in Bahrain, Oman,
Saudi Arabia and the United Arab
Emirates. This network allows us to
stay close to our customers and further
grow our presence in the region.
There are projects in this region
which run into the billions. A few
years back, we won two such projects
within a three year period with
turnover upward of two billion euros.
These mega projects come along
once in a while, and some of them
are so complex that we are one of
the few players who can provide a
solution.
For example, the Ras Laffan project
in Qatar, one of the largest maritime
engineering projects in the world,
was a port expansion over a period of
three years where more than 3,000
specialists worked to create the
largest LNG harbor in the world. In
total, 29 million cubic meters of sand
was used for land reclamation for
LNG tank storage, container handling
and future docks and 24 million cubic
meters was dredged to widen the
waterways. In addition, 33 kilometers
of breakwaters were constructed,
requiring 40 million tons of rock.
The Khalifa Port and Industrial
Zone (KPIZ) project in United Arab
Emirates is another example of a
large scale project. The KPIZ is one
of the world’s largest greenfield
development projects and is part of
Abu Dhabi’s major diversification
plan to develop various sectors. In
total, Boskalis dredged 46 million
cubic meters from the access
channel and harbor basin.
What is important to get business
done locally?
Understanding customers’ needs is
important. Projects can at times be
extremely complex while others are
fairly simple. We take every project
seriously and always provide the
high quality service our customers
have come to expect, regardless of
whether the project is worth five or
500 million euros. We are always
available for our customers and
strive to help them grow
their business.
It is also important to keep our
customers abreast of latest
technology and capabilities. For
example, we recently learned that
one of our key customers wanted
to conduct Inspection, Repair and
Maintenance (IRM) services on two
of their Floating, Production, Storage
and Offloading (FPSO) vessels. At
that time, they were not aware of
the existence of onsite dry-docking
services for their IRM needs. We
explained to them how the world’s
largest heavy transport vessel,
the Dockwise Vanguard, is able to
dry-dock an FPSO onboard for IRM
services. This is an example of how
we keep our customers connected to
the very latest technology available at
Boskalis.
How is Boskalis positioned to help
organizations in the Middle East grow
their offshore ambitions?
We are strategically positioned to
support regional organizations in
growing their offshore ambitions.
Boskalis Offshore offers the total
marine scope for energy solutions.
We can now use our extensive
network and established reputation
in the region to extend the scope of
services offered to our customers,
primarily through our offshore
division which includes Dockwise, the
newly acquired heavy transport and
installation specialist. With Dockwise,
we are able to strengthen our
solutions for the energy market. •
Ko de Blaeij and Kyriakos Vakanas are seasoned
managers at Boskalis with more than 80 years
of combined experience serving the Dutch
multinational in various management functions.
Mr. De Blaeij, currently Director Middle East,
is responsible for the dredging business in the
region and holds a Civil and Environmental
Engineering degree. Mr. Vakanas, currently
General Manager Middle East, is responsible for
growing business in the region and holds a Civil
Engineering and Architecture degree.
UNDERSTANDING
NEEDS
KYRIAKOS VAKANAS, GENERAL MANAGER MIDDLE EAST AT BOSKALIS
CREATING NEW HORIZONS TOGETHER
INTERVIEW WITH KO DE BLAEIJ, DIRECTOR MIDDLE EAST AT BOSKALIS AND
Port expansion project, Ras Laffan, Qatar

18. DOCKWISER DOCKWISER
34 35
Dockwise recently completed the transport and float-over installation of one of the largest integrated decks
in the Middle East. The 7,700 mt Central Metering and Manifold Platform (CMMP) was built for the South Oil
Company (SOC), Iraq’s Ministry of Oil. The unit will be used for the Iraq Crude Oil Export Expansion Project -
Phase 2, within the framework of the expansion of the Al Basra Oil Terminal (ABOT), aimed to improve and
modernize Iraq’s oil export infrastructure. Foster Wheeler developed the front-end engineering design for the
complete project and is currently acting as PMC managing the execution phase on behalf of the SOC.
using a semi-submersible heavy
transport vessel (HTV) or barge. For
the CMMP float-over, an HTV was
chosen as it better accommodates
adverse weather conditions (e.g.
typhoon risk) when compared to
a barge.
Before the installation, the
Finesse vessel was modified to
accommodate the CMMP unit and
subsequent installation. The vessel
was equipped with skid beams,
surge stoppers, a stern entry guide,
boarding ladders, winches and a
transom fender.
The CMMP float-over installation
was executed in four phases. The
first phase involved mooring the HTV
in front of the jacket by connecting
As a project manager, what was
your responsibility for CMMP
installation?
Saipem, contracted by the SOC,
was responsible for building and
commissioning the topside and
reached out to us to provide an
outfitted vessel for the load-out
from the quayside onto the vessel
along with the ocean transport from
the yard to the discharge location
offshore Iraq.
My role as project manager was to
make sure all the boxes were ticked
and ensure a safe and successful
project execution which included
outfitting, transport and installation.
The CMMP deck was transported
3,900 nautical miles through a
course of 14 days from Saipem’s
yard in Karimun, Indonesia to the
Arabian Gulf, about 550 kilometers
south-east of Baghdad. The float-
over was conducted in 28 m of water
near the Al Faw Peninsula.
Can you describe the process
involved for the CMMP float-over
installation?
There are two methods to install
topsides offshore. Operators can
choose to lift or float-over topsides
onto the substructure. The float-over
is an alternative installation method
to the conventional heavy-lift crane.
A float-over installation is executed
the vessel in an anchor spread
consisting of four anchor points of
which two connected the jacket. In
the second phase, the vessel was
positioned directly above the jacket.
Winches onboard the HTV reeled
steel wires, which were connected
to the jacket, to pull the vessel into
the slot. In the third phase, the
deck was carefully lowered onto
the jacket by the vessel’s ballasting
system where large quantities of
water entered the ballast tanks,
enabling the HTV to submerge.
During this phase, the deck’s weight
was completely transferred from
the vessel onto the jacket. Lastly, a
gap was created between the deck
support system and the vessel to
avoid collision while the vessel
slowly exited the slot.
The Arabian Gulf is a known high
risk area. What measures does
Dockwise take to mitigate
security risks?
Safety of our crew, cargo and
vessel is important. That is why
when a vessel is required to sail
through a high risk area, the
Security Council at Dockwise
has to approve. For this project,
we received the approval with
accompanying measures that had
to be taken into account to ensure
safety. The most impactful
measure was the decision to man
the Finesse with a vessel
protection detachment (VPD)
from the Royal Dutch Navy.
Next to the VPD, we had regular
communications with the Iraqi
Navy who was patrolling the area. •
ARABIAN
CMMPDECKINSTALLATION
DOCKTALK WITH
DANIEL VAN DER BEEK
Project Manager at Dockwise
DOCKTALK
VIEW
THE PHOTO
GALLERY

19. STRONGERTRADE
INDUSTRY PERSPECTIVE
DOCKWISER DOCKWISER
36 37
The Netherlands Ministry
of Economic Affairs and
representatives of the UAE
government agreed in November
2013 to further strengthen trade
relations between the two countries,
with better protection of mutual
investments and cooperation in the
energy sector. Has this agreement
materialized into recent or
upcoming initiatives?
The official visit to the United
Arab Emirates (UAE) by Minister
Henk Kamp in November 2013
has boosted our bilateral ties in
these areas. Both the Treaty on
Investment Protection and the
Memorandum of Understanding
(MoU) on Energy Cooperation are
important steppingstones. The
agreement signed between Minister
Kamp and the UAE Minister of
Finance encompasses investment
activity between both countries
outside the field of energy. We’re
very excited about the increased
scope of commercial opportunities
this offers to companies from both
countries now that the protection of
investments is sealed in this treaty.
At the moment, the treaty is going
through the parliamentary ratification
process, after which it will enter into
force. We’re planning, together with
the Netherlands Foreign Investment
Agency (NFIA), to organize an
information session on this topic for
UAE companies to fully understand
and utilize the added opportunities of
the treaty.
For the MoU on Energy Cooperation
we have identified a number of key
topics where we can add value.
We’re working closely with the UAE
Ministry of Energy and key parties in
the Netherlands to bring the MoU to
life. We’ll start with gas technologies,
renewables and energy saving. In the
latter, there is enormous potential
in the Emirates. The opportunities
are tremendous for both countries
and we do look forward to learn from
each other and complement one
another.
What offshore energy developments
do you see impacting the UAE?
The oil and gas industry is looking
further and deeper offshore, as the
projects continue to expand in size
and capital spending. The driving
forces behind regional offshore
projects are Saudi Arabia, Qatar
and the UAE, where energy and
infrastructure projects on a world-
leading scale continue to forge ahead.
As for Abu Dhabi, it’s clear that Abu
Dhabi Marine Operating Company
(ADMA-OPCO), major producer of oil
and gas from the offshore areas of
the Emirate of Abu Dhabi, is taking
the development of offshore projects
very seriously. The Sarb Full Field
Development, Umm Al Lulu and Al
Nasr projects when combined are
expected to increase the Emirate’s
production capacity by 300,000 bpd,
with a projected combined spending
of over USD 10 billion.
ADMA-OPCO operates the main
offshore assets in Abu Dhabi, which
have been in redevelopment to
maximize output. The Umm Shaif
and Lower Zakum offshore oil
fields have a capacity of 520,000
bpd combined, although after an
expansion at each they will have
a production capacity of 425,000
bpd and 300,000 bpd, respectively.
Initiatives such as the introduction of
zero gas flaring in the Zakum fields
by ADMA-OPCO are promising and
show the eagerness to employ new
technologies that are less harmful
for the environment and maximize
usable energy output.
The UAE’s position as a regional
hub for upstream companies is
thanks to a fairly open market and
its attributes as a logistical and
commercial hub, the location of
choice for many firms with regional
aspirations.
The UAE has ambitious targets
to increase offshore oil and gas
production. What role do Dutch
companies play in supporting the
UAE’s offshore initiatives?
We are confident we can make
significant contributions to energy
projects in the UAE based on
Dutch technological and innovative
expertise and experience. Energy
efficiency, effective safety- and risk-
management programs, developing
the workforce, developing new
technology, and ensuring competency
across the organization have
become a focus for major oil and gas
companies in the Gulf Cooperation
Council region (GCC-region) and
provide additional scope for Dutch
companies. •
INTERVIEW WITH GERARD MICHELS, DUTCH AMBASSADOR TO THE UNITED ARAB EMIRATES
THENETHERLANDSANDUAE
EXPANDMUTUALINTERESTS
Gerard Michels is the Dutch Ambassador to the United Arab Emirates since 2010.
In this capacity he is responsible for both the Embassy in Abu Dhabi and for the
Consulate General in Dubai. Prior to his current assignment, Mr. Michels has held
various positions in the Dutch Foreign Service including Brussels and Tokyo. He
holds a degree in social and economic history.

20. MASTHEAD
WORLDWIDE
OFFICES
The Dockwiser is a publication of Dockwise.
For more information, please contact:
+31 (0)76-548 41 00 | communication@dockwise.com | www.dockwise.com
Project Management
Daniëlle Biermans
Head Editor
Jonathan Martinez
Art Direction / Realization
Canday | Creative agency for interactive brand communication
Printed by
Bek | Veghel
Contributors
Shelf Drilling, Dutch Embassy in the United Arab Emirates,
The Middle East Magazine
Photography
Bart Lommes, Joe Lynch of One Degree North Photography (Singapore),
Santiago Domínguez, Foto’s & Friends, iStockphoto, Shutterstock
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21. REALIZING
THEINCONCEIVABLE
TOGETHER