Dynamic Drilling, was incorporated with the goal to be a leading offshore drilling and allied services contractor through advanced technology, an experienced workforce and a focused vision. Headquartered in Singapore, it was formed to acquire, construct, own and operate offshore rigs through its subsidiaries and associates with a current market focus on South East Asia, Indian Ocean, Middle East, Africa and Mexico. The 'Dynamic Vision' (KFELS B Class) was added to our fleet in 2013 when it was delivered from Keppel FELS Singapore and the rig immediately commenced a 5 year firm contract with ONGC.
Our construction team was then transferred to COSCO Dalian to supervise the construction of the ‘Dynamic Momentum’ (Le Tourneau Super 116-E), to ensure that the Dynamic Momentum will be a rig of excellent quality and an extremely reliable choice for our clients. Delivery of the Dynamic Momentum is scheduled for Q3 2016. Our senior management has operated offshore rigs since 1988. Our association in India with Noble Drilling also dates from 1988 and since August 2014 we also jointly operate rigs with Paragon Offshore. This vast experience of joint operations brings great value towards a significant component of Dynamic Drilling's business strategy, which in addition to operating our own rig's to form joint venture/strategic alliances to operate drilling rigs on behalf of industry partners. The Group currently has 7 offshore rigs (6 Jack ups & 1 Drillship) under long term contracts spanning up to 2018 with a Fortune 500 National Oil Company and is in fast expansion mode. The Group has presence in Mumbai, New Delhi, China, Dubai, Abu Dhabi, Cyprus, Malaysia and Africa in addition to Singapore. The Company has extended the domain of its value services to the supervision of rig construction and refurbishment, on behalf of rig owners. These services are associated with the marketing, management and operations of the rig.