Derrick Services Pte Ltd 2.68

DSL, a privately owned Drilling Structures & construction specialist in the Oil & Gas Industry, are experiencing continued high Worldwide demand for their services and products in the five months of 2014, with a current increase in Turnover in excess of 40% of the same period year ago. Both its UK & Singapore operations are enjoying very strong growth. The Singapore operation growth is due to investment new fabrication facilities and infrastructure in 2013 which has helped increase revenue streams more than tenfold over the same period for 2013 for that particular operation.

Mike Smith, Managing Director of DSL explained that this exceptional growth is a result of “a combination of both new customers and increased business from established customers. In the last few years we have built upon our reputation of consistency and reliability in the Industry and as customers look to us to take the risk out of their short term upgrade or refurbishment of rigs, DSL is now recognised as being a reliable contractor to get their work done on time and within budget and without compromising safety and quality. It is particularly rewarding to achieve such a reputation in the market place as it provides us with a very exciting momentum for the business moving forward, and gives us the confidence to continue to invest to achieve even further growth”.

DSL Singapore has doubled the capacity of its operations at its base in the Loyang Offshore Marine base. This increased capacity expands our fabrication capacity which has been necessary to the success of its operations in SE Asia in the last 2 years which has had us working at capacity at times in the last year.

DSL moved to the Marine Base in the summer of 2013 but the continued growth of business has dictated this expansion.

The size of manufacturing projects can now be expanded to include complete drilling structures such as masts and substructures.
The training facility within the operation will also be able to expand and develop as part of this expansion.

DSL Singapore has achieved the licencing of its facility to API 4F, API Q1 and ISO 9001 for the design & manufacture of Drilling Structures by API.

These accreditations will enable DSL Singapore to offer an even more comprehensive service to its customers throughout SE Asia for the supply and recertification of drilling structures.

It also provides our customers with the confidence that the quality management system in operation underpins our commitment to quality and integrity to our customers.