The original contract between Total and the Iranian Government was signed in 1995.

OSC tendered for the Logistics Base Contract late in 1995 in competition with several other local companies. This tender was for the provision of logistics services for the delineation phase of the project with an anticipated contract period of one year during which time 2 or 3 delineation wells were to be drilled.

OSC's bid was successful and the contract was signed in February 1996 and the provision of services began at the same time. These services were the typical offshore supply base facilities in Jebel Ali and included warehousing, base offices, outside storage with pipe racks, jetty facilities, stevedoring including base handling equipment and personnel. Other elements were added to the contract on an on-going basis and OSC was responsible for all of the materials imported into the Jebel Ali facilities for the delineation wells project.

Following the completion of the delineation project, Total Sirri tendered for the development project in early 1997 and again OSC was successful in the bidding process and the development work commenced in July 1997. The scope of services was similar to those for the delineation wells and the actual contract should normally have expired in July 2000 but was extended for various reasons until early 2001. Total Sirri drilled 40 development wells over the 3½ year period using OSC's Jebel Ali facilities as a base with only minor HS&E issues with our contracts having been completed to Total's satisfaction.

In addition to Logistics & Base Services, OSC also participated in the provision of 18 5/8" casing, H²S services and facilitated the contract for Casing and Tubing Running Services.