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