TANJUNG OFFSHORE BERHAD

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HERCULES TANJUNG ASIA SDN BHD Hercules Tanjung Asia (HTA) was incorporated in early 2008 as an associate company of Tanjung Offshore Berhad. HTA is mainly focused in the provision of drilling rig services to the exploration and development of oil and gas fi elds in the ASEAN region with emphasis on the Malaysian waters. The formation of HTA is the result of Tanjung Group’s collaboration with Hercules Offshore Ltd, a renowned oil and gas drilling contractor worldwide in penetrating the promising outlook of the oil and gas industry in the ASEAN region. HTA lends its support to the oil majors’ exploration and development activities through its range of complete drilling solutions. These include the provision of:- • Complete range of drilling rigs and lift boats for both shallow and deep waters; and • Complete range of marine support activities and manpower expertise. All activities performed by HTA are in compliance to the Health, Safety and Environmental regulations at all times. Based on the support of Hercules’ fl eet size of forty (40) offshore drilling units and Tanjung Group’s vessel fl eet size of sixteen (16) offshore support vessels, we believe HTA will be a leading provider of one stop solution for drilling services in this region. 17 TANJUNG OFFSHORE BERHAD (662315-U) ANNUAL REPORT 2009
TANJUNG OFFSHORE BERHAD (662315-U) ANNUAL REPORT 2009 CENDOR MOPU PRODUCER LIMITED Cendor MOPU Producer Limited (CMPL) was incorporated on 7 November 2005. Tanjung Offshore Berhad (Tanjung) owns a 20% equity in CMPL while the remaining 80% equity is held by Global Process Systems Sdn Bhd. CMPL’s principal activity is to own, lease, sub-lease, maintain, operate, manage the Mobile Offshore Production Unit (MOPU) to perform production operations within Malaysian waters. CMPL is the fi rst Malaysian company that introduced the concept and viability of MOPU in extracting oil from marginal fi elds in Malaysian waters. The MOPU is a jack up drilling rig which has been converted into an oil production platform which is designed to operate on a stand alone basis at a designated location. Since its inception, CMPL has been managing one (1) unit of MOPU which is currently contracted to Petrofac (Malaysia PM-304) Limited. As of to date, the MOPU is operating at Cendor oilfi eld which is situated off the coast of Terengganu. Given the successful launch of the MOPU, Tanjung will continue to explore new ideas and concepts that facilitate the extraction of oil from fi elds in Malaysia and the region. 18
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