Dynamic Energy Services International, LLC Acquires QCI Marine Offshore

Lafayette, Louisiana ‐ March 9, 2012 ‐ Dynamic Energy Services International LLC, a leading fabrication and service provider to the Global Oil, Gas and Energy Industries, announced today that its wholly owned subsidiary, Arc Industries LLC has acquired substantially all of the assets, existing contracts and on-going business of QCI Marine Offshore and QCI Brasil. Going forward QCI will operate under the name QCI / DYNAMIC Marine Offshore in the US and QCI / DYNAMIC Brasil in Brazil.

Located in Pascagoula, MS and Brazil, QCI (www.qcimarine.com) is a turnkey EPC company involved in the architectural design, engineering, construction and maintenance of single lift and modular living quarters for the offshore oil and gas industry. Concurrent with the acquisition, QCI / DYNAMIC Brasil will open a permanent location in Rio de Janeiro, Brazil, a country where QCI has enjoyed great success in recent years. QCI is currently in the process of completing three world class projects in Brazil:

o An EPC contract for a Single Lift Accommodations module for the Petrobras P55 FPSO under construction for a major consortium.

o Two EPC contracts for two separate Single Lift Accommodations modules for two LeTourneau-designed jack-up drilling rigs known as the Petrobras P59 and Petrobras P60 under construction for a major consortium.

Together, the combined offering of Arc and QCI will include

o EPCIM (Engineering, Procurement, Construction Installation and Maintenance) of single lift accommodations buildings worldwide with an emphasis on the US and Brazilian markets.

o Newbuild Design & Fabrication and lifetime maintenance of portable living quarters.

o Living Quarter rental & Mancamp operations for the global offshore and onshore energy industry.

o Flotel rental of quarters barges for up to 350 personnel. ‐‐more‐‐

Dynamic Energy Service International, LLC 3/9/12

Emile Dumesnil, President of Dynamic Energy Services International LLC said, “The acquisition of QCI is a critical next step in expanding the product offering of our accommodations company, Arc Industries LLC, into a fully integrated one-stop-shop for the accommodations needs of the global energy industry. As importantly, it allows us to ally Dynamic’s substantial US fabrication capacity with QCI’s EPC accommodations expertise to cross-sell a new modular product to our existing client base.”

Ed Garner, President of QCI Marine Offshore added, “We’re tremendously excited about joining a company with the resources of Dynamic and bringing their wider product offering and added financial strength to our marketplace.”

About Dynamic Energy Services International, LLC

Founded in 1985 as an offshore service company, Dynamic Energy Services International LLC is a major fabricator and hookup and commissioning contractor in the Gulf of Mexico and internationally. Headquartered in Lafayette, LA, Dynamic provides fully integrated EPCIM services globally to the upstream and downstream markets.

About Arc Industries LLC

Founded in 2002, Arc Industries (www.arcindustriesllc.com), operates the only aluminum rental fleet of onshore and offshore portable living quarters in the US. Arc’s “Strong as Steel / Lighter than Fiberglass” buildings have been a pacesetter in bringing new technology to the offshore portable living quarter rental market. With offices in Broussard, LA, Morgan City, LA, and Carrizo Springs, TX, Arc also provides a full line of rental construction equipment to the oilfield contractor and E&P market both offshore and onshore.

About QCI Marine Offshore

QCI Marine Offshore (www.qcimarine.com), is a turnkey marine construction company specializing in the construction and renovation of purpose-built and modular accommodations for the shipping and offshore energy industries. From concept to construction to lifetime maintenance, QCI is a single-source provider of an on-time and on-budget accommodation solution.

Download PDF Version