Dietsmann

Dietsmann

Dietsmann is the Leading Independent Specialist of Operation and Maintenance for Oil, Gas, LNG and Power Plants leveraging over 30 years of cumulated know-how of plant and equipment, the evidence of which is its long term partnerships with many IOCs and NOCs

Contents

The beginnings

Peter Kutemann founded Dietsmann in the Netherlands in 1977. His enterprise started as a technical assistance company, serving those oil and gas companies in the Netherlands about to produce their first gas discoveries off the Dutch coast. At that time, these companies employed full-time technical personnel for operation and maintenance, and only in exceptional cases, was highly specialized work subcontracted.

Oil companies recognize the value of outsourcing Gradually oil companies realized that outsourcing would enable them to be more flexible and operate more cost effectively. An increasing number of functions, not considered business critical, were outsourced. Peter Kutemann was the first to create an adequate and competent proposition to outsource maintenance without losing control of one’s assets.

1980s – rapid international growth

Dietsmann grew rapidly and opened its first international office in Aberdeen early in 1982. Later that year, Dietsmann France S.A. was established to focus on the Francophone markets. In 1987, Sudmarine in Marseilles was acquired. This company had a substantial mechanical maintenance business and a well-established French spare parts procurement capability.

In 1989, Dietsmann acquired Setram in the southwest of France, which had strong capabilities in the electrical and instrumentation fields and a well-established contract base with the French oil industry. Their branches in Gabon and Congo[disambiguation needed ] further strengthened Dietsmann's African presence. The mechanical, electrical and instrumentation capabilities in these countries were merged to create the world's first multidisciplinary maintenance service company in this sector. This new concept proved advantageous in securing Dietsmann's first integrated operation and maintenance contract, awarded by Elf Aquitaine.

1990s – Integrated O&M concept introduced

Following this success, Dietsmann formalized the concept, and the company's Integrated Operation & Maintenance (IOM) became yet another innovation in maintenance contracting. Its ‘shared objectives’ contracting format allowed Dietsmann's clients to virtually exit day-to-day maintenance operations, yet remain in control of the performance of its assets.

In 1996, Comerint was acquired from Italy's ENI Group. It had a new but complementary range of products, markets and clients. As Snamprogetti's main operations service company, Comerint was firmly established on the Italian industrial scene. With a focus on services to the refining and petrochemical industry, and specialized services in the fields of training and technology transfer, technical assistance and operation and management systems, Comerint strengthened the group with new regional establishments in Nigeria, Libya and Saudi Arabia.

Dietsmann today

Due to its unrelenting focus, over the years, Dietsmann has become the largest independent services company specialized in the operations & maintenance of oil & gas, LNG and power utility production plant. Dietsmann has a local presence and employs local resources in more countries in Western, Central and North Africa, the Middle East, Russia and the Caspian region than any of its competitors. The company is set to continue to lead through its unmatched customer base and experience in transfer of technology and the optimal employment of local resources, providing both world-class plant Operation & Maintenance while creating solid employee relations and local development as an added benefit.

They continue to put clients and their objectives first. Dietsmann is independent, still owned by its founder, and has no plans to change this. Dietsmann is not affiliated with any manufacturer or construction engineering firm. Unlike some other providers of “independent” maintenance services, it does not use these as an outpost for selling its spare parts or upgrades.

Dietsmann achieved sales of over € 212 million in 2009 and boasts a healthy profitability and strong balance sheet. Considering the number of bids we are working on and the number of projects coming to market in our target countries in the coming years, the management feels confident that growth will continue into the foreseeable future. New maintenance contracts and projects will add to the cumulative effect of growing revenues of existing long term contracts and constitutes the basis of our confidence in achieving continued growth.

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