1. MISC Advancing Offshore Solution
By Tuan Haji Abu Fitri Abdul Jalil | Vice President, MISC Offshore Business
Sabah Oil & Gas Conference and Exhibition | 26th May 2014

2. Contents 1 2 3 4 MISC Strength in Marine and Oil & Gas Industry
MISC Experience In Developing Sabah’s Potential 2
MISC Journey Continue to Fuel Sabah’s Growth 3
Questions & Answers 4

3. MISC Berhad Strength in Marine and Oil & Gas

4. Refineries & Processing
MISC Berhad
From purely a shipping line to becoming a fully integrated maritime, offshore floating solutions and heavy engineering services provider
LNG Business
Delivers 10% of the world’s LNG with over three decades of proven operation excellence
Chemical Business
Delivers freighting solutions for vegetable oil & chemical products
Petroleum Business
A fleet of 74 petroleum tankers that ply worldwide serving IOCs, NOCs, refiners and traders. A market leader in lightering operations for US Gulf ship-to-ship transfers
Offshore Business
A decade of experience in delivering projects and operating offshore floating facilities
MMHE Yard
Supports the oil & gas industry through three core areas: offshore construction, offshore conversion and marine repair
Tank Terminal
Joint venture with Vitol Holding B.V expands worldwide presence and logistics asstes in 11 countries with a terminal storage capacity of 8.1 million cbm
Shipping
Oil & Gas
Refineries & Processing
46 years of
experience
Supports the demand in the Maritime and Oil & Gas industry

5. MISC Today In O&G Sector
Continue to gain experience in developing various products & technology offerings
Second deepwater facility for Malaysia
Malaysia’s first LNG regasification terminal
Conversion of own LNG vessels into FSU facilities
Able to receive and discharge LNG simultaneously
Construction of inaugural Mobile Offshore Production Unit (MOPU) specifically for commercialization of marginal field
The first Tension Leg Platform (TLP) to be deployed in Malaysia
The third floating platform for deepwater fields in the country
Largest offshore facility in Malaysia and South East Asia
Conversion works completed at both MMHE and Keppel Yard

6. FVSB has exceeded clients expectations
The Capability Gained
The passion continues in developing and grooming local talents for capability building
The acquisition is an integral part to grow energy related heavy engineering expertise
Specialized petroleum services provider in supporting the oil & gas value chain
The only Malaysian yard that builds deepwater and heavy tonnage offshore structures
Completed 143 projects for NOCs and IOCs
The only Malaysian yard that offers repair, refurbishment services to energy vessels and conversion of tankers, offshore rigs into FSOs & FPSOs
Repaired more than 3,000 vessels
Operate a fleet of 74 crude oil and product tankers
Fleet consists of Aframax, Suezmax, VLCC and mid-range (MR) tankers, trading worldwide for IOCs, refiners and traders
A market leader in lightering operations for US Gulf ship-to-ship transfer
Entered specialist sectors such as Dynamic Positioning (DP) shuttle tankers and marine well containment logistics
FVSB has exceeded clients expectations
in terms of safety and operation
Lost Time Incidents Frequency (LTIF) and Total Recordable Case Frequency (TRCF) performance achieve Extremely High “World Class Standard”
19,913,419 man hours without LTI
Consistent high uptime of over 99% of all floating facilities

7. MISC Offshore
A decade of experience in delivering projects and operating offshore floating facilities
1st
FPSO
1st
Deep
water
1st
Semi-
sub
FPSO Kikeh (2007)
FSO Puteri Dulang (2008)
MISC’s significant milestone in Malaysia’s foray into offshore deepwater development and certified with ISO 9001:2008.
2011 – to date
MOPU II (2011)
Semi-Sub FPS Gumusut Kakap (2013)
FPSO Cendor (2014)
MISC’s largest offshore facility in Malaysia and South East Asia.
2004
FPSO Bunga Kertas
FSO Angsi
MISC’s inaugural entry as owner and operator of offshore floating facilities.
2006
FPSO Brasil
FSO Cendor
FSO Abu
MISC’s new frontier into the Brazilian waters.
FPSO Espirito Santo (2009)
FSO Orkid (2009)
FPSO Ruby II (2010)
MOPU I (2010)
MISC’s inaugural Mobile Offshore Production Unit specifically for commercialization of marginal field.

8. Preferred World Class Offshore Floating Facilities Solutions Provider
MISC Offshore
Solid foundation in the offshore industry to offer comprehensive solutions for deep water and small field developments.
Marked as 5th FPS operator and owner in the world with 14 assets
1st Malaysian company in Brazillian waters
Owns 50% of the total floating facilities in Malaysia
Contributes 20% to Malaysia’s Oil Production
A leading O&M operator of floating facilities in Malaysia
Preferred World Class Offshore Floating Facilities Solutions Provider

9. MISC Experience in Developing Sabah’s Potential

10. MISC Offshore The experience gained in developing Sabah FPSO Kikeh
The first and largest FPSO for deepwater development project in Malaysia
integrated to DTU SPAR, first of its kind to be used outside the Gulf of Mexico via GAP system.
Largest Semi-Sub FPS in the world fully fabricated and integrated on land.
65% of the total O&M strength comes from the people of Sabah.
Fabrication and lifting of 3 new modules on FPSO Kikeh with > 1,000,000 manhours without LTI.
Commissioining work done on a live floating facility.
FPSO Kikeh
FPS Gumusut Kakap
Siakap North Petai

11. MISC Offshore Unleashing Sabah’s Potential
Sabah Field
Structure
29%: Deep water field
21%: Marginal field
Challenges
Challenges
Deep water field by hydrocarbon
Marginal field by hydrocarbon
Opportunity field in Sabah –
Appraising, Developing, Await dev. Approval & Discovery field
Unprecedented level of capital commitment
Increasing technological challenge
Small & short-lived resources
Lack of infrastructure in the urbanity
Prohibitive development costs
& technological constraints
Sabah Logistics & Infrastructure
The need to adequately up size the infrastructure to accommodate the entire development
Logistics . Warehousing . Supply base . Vendor Support

12. MISC Journey Continue to Fuel Sabah’s Growth

13. MISC Offshore The Journey continues to fuel Sabah’s growth
Conventional Floating Facilities
Innovative and
Cost Effective Facilities
Sabah
Marginal field and Improved Recovery Methods
Marine Mobile Production Unit (MaMPU)
Mobile Water Injection Facilities (WIF)
Vast experience in shallow and deep water fields
FPSO
10 years experience
FSO
10 years experience
MOPU
4 years experience
Our floating solution
Semi-
submersible
Reliable . Repeatable . Relocatable

14. Questions &
Answers

15. Thank You