Independent Oil Tools – Always at your service

ALWAYS AT YOUR SERVICE

iotgroup.com

INDEPENDENT OIL TOOLS AS Independent Oil Tools AS was established in 1992 and is a well-recognized and trusted service company to the oil and gas industry. Service and safety are our main priorities, and we will continue to convince our customers by quick turnarounds and deliveries.

IOT Norway’s main service is rental of drilling equipment and test strings including accessories to oil and gas operators, service companies and drilling contractors. Our base is located at Forus, Stavanger.

Our Vision “Always at your service” is followed by our core values Reliable, Pro-Active and Responsive. These values define the charter of our company, and guide how we conduct our day-to-day business, as well as our decisions for future priorities.

Independent Oil Tools AS is a part of the IOT Group who is a wholly owned subsidiary of Petrolia Drilling II AS, which again is a wholly owned subsidiary of Petrolia SE, listed on the Oslo Stock Exchange under the ticker PDR. We are always at your service!

ALWAYS AT YOUR SERVICE

RANGE OF PRODUCTS: > Drillpipe (and HWDP) > Tubing for Well Operations > X-over-subs > Handling Equipment

> Drill Collars > Handling/Pup Joints > Valves > In-house Make & Brake Services

IOT has a wide range of drilling tools, all meeting the highest quality standards. The services comprises rental of drilling tubular, well-test strings and related accessories, as well as first class make & brake services. IOT has a fast growing inventory. All new drilling equipment has been produced in Europe in accordance with the highest industry standard (NS-1), and inspected at the same level (NS-2). All well testing strings are supplied with Premium Connections, and maintained and stored indoor to meet the most stringent client requirements.

QUALITY & HSE

Health, safety and environment are core elements in IOT’s identity and they are crucial to our business success. IOT’s Management System is ISO 9001 certified, and we aim to meet the requirements in ISO 14001. We are also registered in the Achilles JQS and EPIM JQS supplier database system. IOT is approved as a Nortest Test Center.

OUR PRODUCTS AND SERVICES

IOT NORWAY INVENTORY: > 12.000 joints of Drill Pipe, HWDP and Drill Collars. > 8.000 joints of Tubing. > 6.000 handling/pup joints and x-over-subs. > Associated handling equipment.

We also perform make/brake services for various customers, with our hydraulic operated torque machines: Two fully rotational machines, one at 2 7/8” - 30” OD capacity at max. 100.000 ft.lb. make and break, second machine at 2 3/8” - 14” OD capacity at max. 100.000 ft.lb. make and brake.

WE ARE KNOWN FOR BETTER SERVICE & FASTER DELIVERY

RELIABLE, PRO-ACTIVE AND RESPONSIVE

GLOBAL SERVICE ORGANIZATION

IOT Group is an international service organization within the oil & gas industry.

With our range of products and services we are capable of serving the industry worldwide, always meeting the strictest quality standards.

Independent Oil Tools AS MidtgĂĽrdveien 30 4031 Stavanger P: (+47) 51 81 94 00 E: iot@iotgroup.com iotgroup.com