Complaint Review: Dynamic Industries Inc USA - Houston Texas

In July 2007,met the Senior Vice President Roger Westerlind of Dynamic Industries Inc in their Houston office.He actually informed me of his company desire to penetrate the Oil and Gas Industry in Nigeria and the rest of Gulf of Guinea comprising of countries like Angola,Equitorial Guinea,Gabon &Sao Tome Principe which are all rich in Crude Oil deposits.Nigeria being the largest producer of hydrocarbon in that zone is much sought after by all Extractive Industries Companies and Service Providers alike.

In the course of our meeting Roger Westerlind gave me the impression that his company has been trying to penetrate that lucrative market but with no luck.He informed me that in their haste to penetrate the market,they formed a Holding Entity with a local company Global Energy Company Limited on 30th March 2005 named GEC Dynamic Offshore Contractors West Africa Limited(Copies of the Shareholders Agreement and Joint Venture Agreement are in my custody)

In our first meeting,he painted the Directors of the Global Energy Company as unscrupulous business men and his ultimate desire is to liquidate the entity formed earlier in March 2005.During the course of our meeting Roger Westerlind solicited my help in liquidation of that entity and made a promise of 10% equity of a newly proposed local subsidiary that will be formed to myself and my backers in Nigeria,in the event that we are able to liquidate the present Holding Company (GEC Dynamic Offshore Contractors) between Dynamic Industries Inc and Global Energy Limited.In that meeting he gave me the form that we need to present to the Directors of Global Energy Limited to sign to liquidate the Holding Company(Copies of the two documents are in my custody)

Fortunately on April 19 2010.I was able to convince the CEO of Global Energy to sign the Liquidation documents (photocopy of the said documents are in my custody)I was given only photocopy because the Global Energy CEO claimed that Dynamic Industries Inc is owing his company some money which he expended in developing their business in Nigeria and until that money is remitted,he will not part with the original documents

Secondly,Dynamic Industries Inc noticing that the CEO of Global Energy Limited will give them a lot of trouble in Nigeria decided to set up a new local subsidiary called Dynamic West Africa Limited RC669477 on October 12 2006 (I have in my custody the Certificate of Incorporation).I was promised 10% equity of this company as soon as the former Holding Company is liquidated.Roger Westerlind surmised that his company cannot sign any agreement with another local company until the other entity is liquidated.

I began Business Development activities on behalf of Dynamic Industris Inc in the Nigerian Oil and Gas Industry shortly after that without any remuneration with the hope that 10% of the new entity to be formed will be ceded to me.

Dynamic Industries Inc is an Offshore Construction Service provider but in Nigeria,they do not have a Fabrication Yard for their operations.I decided to facilitate a Consortium Partnership with a local Fabrication Company called Grinaker LTA recently bought by some Nigerian Businessmen from the former South African owners.In May 2008 during the Offshore Technology Conference in Houston Texas.I introduced the Dynamic Industries Inc team represented by Roger Westerlind and Pascal Berthou to the Nigerian team represented by Akin Odumakinde and Tein George the current CEO.

January 28 2009,the Inaugural Consortium Partnership meeting between Dynamic West Africa Limited(DII local subsidiary) and Grinaker LTA took place at 10777 Westheimer,Houston Texas 77042.Dynamic Industries team was represented by Roger Westerlind,Pascal Berthou and John Manion and myself as the Country Representative in Nigeria while the Grinaker team was represented by Akin Odumakinde,Richard Gere and the company Commercial Manager.The agenda of that meeting was drawn by me and the meeting was convened by my humble self.

The Consortium Partnership between Dynamic Industries and Grinaker LTA is fully committed to local capacity building and technology transfer. As part of the strategy towards the realization of this objective, DII will be investing in the local economy as well as partnering with local companies for full realization of the Local Content Policy push of the Federal Government of Nigeria 

To the best of my knowledge the Consortium Partnership began in earnest to Bid for several Offshore Projects in the Oil and Gas Industry in Nigeria.Example;ExxonMobil-Etim Asasa Development Project(EADP),ChevronTexaco-Escravos Gas Project Phase 3B:Production Platform Modification-Installations,ExxonMobil-OCIPII etc.

Shortly after bidding for many of the aforementioned projects the appointed representative of Dynamic Industries in Nigeria Mr Pascal Berthou started behaving funny and from 2010,have been in the dark about Dynamic Industries activities and the their Consortium Partners activities in the Oil and Gas Industry in Nigeria.

Recently I stumble on the information on Dynamic Industries Inc website (www.dynamicind.com) that they are operating in Nigeria and utilising the Grinaker LTA(now named Aveon Offshore)Fabrication Yard and also that Aveon Offshore (www.aveonoffshore.com) just won a contract to execute a project for Total Nigeria limited which we all knew they lack the capability to execute such project without any input from Dynamic Industries.I now reminded him that as the only facilitator of the Consortium Partnership that I need to be compensated(The e-mail can be provided at anytime)

I decided to send a mail to Mr Roger Westerlind February 23 2012.Shortly after that the Dynamic Industries website was edited by removing all the information pertaining to Nigeria and the email was ignored