TANJUNG OFFSHORE BERHAD

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21 TANJUNG OFFSHORE BERHAD (662315-U) ANNUAL REPORT 2009 OUR VISION To be the preferred integrated service provider to the oil majors in Malaysia and the region. MISSION AND PHILOSOPHY To support the oil and gas industry as a “one stop solutions provider” through:- • Providing Quality Products & Services; • Optimising Resources; • New Technologies; • Enhancing Technical Competencies; and • Full Compliance to Health, Safety and Environmental regulations.
TANJUNG OFFSHORE BERHAD (662315-U) ANNUAL REPORT 2009 CORPORATE HISTORY AND MILESTONES IPO on Bursa Malaysia Delivery of fi rst AHTS vessel, MV Tanjung Huma 22 MOPU on location at Cendor fi eld The ‘208’ Jack up rig 1990 First commenced drilling operations, on exclusive agency agreement with the incorporation of Tanjung Offshore Services Sdn Bhd (“TOS”). 1991 Tanjung Petroconsult Sdn Bhd was incorporated to provide engineering and professional manpower services in Pasir Gudang, Johor. 1993 TOS secured various exclusive agencies for engineering equipment such as gas turbines, gas compressors, control valves and pumps for offshore platforms. 1994 Tanjung Kapal Services Sdn Bhd (“TKS”) was incorporated to provide ship management services for leased vessels from third parties. 1996 Tanjung Maintenance Services Sdn Bhd (“TMS”) was set up to provide complete maintenance services to both offshore and onshore oil and gas operators through its operation centre in Kemaman, Terengganu. 2004 Tanjung NewEnergy Services Sdn Bhd commenced business to provide project management services to the engineering and energy industries in Manjung, Perak. 27 May 2005 The entire 84 million ordinary shares of RM0.50 each in Tanjung Offshore Berhad (Tanjung) were listed on the Second Board of Bursa Malaysia Securities Berhad (“Bursa Malaysia”). June 2005 TOS secured the fi rst Mobile Offshore Production Unit contract from Petrofac (Malaysia PM-304) Limited for the development of Cendor oilfi eld off the coast of Terengganu. December 2005 TOS took delivery of an Anchor Handling Tug and Supply vessel (AHTS), MV Tanjung Huma and a Utility Vessel, MV Tanjung Manis January 2006 TMS secured a long term contract from Petronas Carigali Sdn Bhd (PCSB) for the provision of maintenance services for mechanical rotating equipment at all offshore platforms operated by PCSB in East Malaysia for total contract value of RM80 million for a period of fi ve (5) years. January 2006 A private placement of new ordinary shares of RM0.50 each of up to ten percent (10%) of the issued and paid-up share capital of Tanjung was completed. July 2006 TKS took delivery of two (2) units of straight supply vessels, MV Tanjung Pinang 1 and MV Tanjung Pinang 2. August 2006 The issuance of new shares and ten (10) year warrants 2006/2016 (“Warrants”) arising from the Bonus Issue on the basis of one (1) new ordinary share for every two (2) existing ordinary shares held were completed and listed on Bursa Malaysia. 8 September 2006 The listing and quotation of the entire enlarged issued and paid-up share capital and outstanding Warrants of Tanjung were transferred from the Second Board to the Main Market of Bursa Malaysia. March 2007 TOS secured a contract from Murphy Sarawak Oil Co. Ltd. (“Murphy Oil”) for the provision of a jack-up drilling rig, namely “THE 208” for Murphy Oil’s 2007/2010 development drilling programmes in Malaysian waters. March 2007 TKS took delivery of another two (2) units of straight supply vessels, MV Tanjung Pinang 3 and MV Tanjung Pinang 4. June 2007 The issuance of new shares and ten (10) year warrants 2006/2016 (“Warrants”) arising from the Bonus Issue on the basis of two (2) new ordinary share for every fi ve (5) existing ordinary shares held were completed and listed on the Main Market of Bursa Malaysia.
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TANJUNG OFFSHORE BERHAD

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