TANJUNG OFFSHORE BERHAD
TANJUNG OFFSHORE BERHAD
TANJUNG OFFSHORE BERHAD
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<strong>TANJUNG</strong> <strong>OFFSHORE</strong> <strong>BERHAD</strong> (662315-U)<br />
ANNUAL REPORT 2009<br />
CENDOR MOPU PRODUCER LIMITED<br />
Cendor MOPU Producer Limited (CMPL) was incorporated on 7 November<br />
2005. Tanjung Offshore Berhad (Tanjung) owns a 20% equity in CMPL while<br />
the remaining 80% equity is held by Global Process Systems Sdn Bhd. CMPL’s<br />
principal activity is to own, lease, sub-lease, maintain, operate, manage the<br />
Mobile Offshore Production Unit (MOPU) to perform production operations within<br />
Malaysian waters.<br />
CMPL is the fi rst Malaysian company that introduced the concept and viability of<br />
MOPU in extracting oil from marginal fi elds in Malaysian waters. The MOPU is a<br />
jack up drilling rig which has been converted into an oil production platform which<br />
is designed to operate on a stand alone basis at a designated location.<br />
Since its inception, CMPL has been managing one (1) unit of MOPU which<br />
is currently contracted to Petrofac (Malaysia PM-304) Limited. As of to date,<br />
the MOPU is operating at Cendor oilfi eld which is situated off the coast of<br />
Terengganu.<br />
Given the successful launch of the MOPU, Tanjung will continue to explore new<br />
ideas and concepts that facilitate the extraction of oil from fi elds in Malaysia and<br />
the region.<br />
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