MISC Advancing Offshore Solution By Tuan Haji Abu Fitri Abdul
Jalil | Vice President, MISC Offshore Business Sabah Oil & Gas
Conference and Exhibition | 26 th May 2014
Slide 2
MISC Strength in Marine and Oil & Gas Industry MISC
Experience In Developing Sabahs Potential MISC Journey Continue to
Fuel Sabahs Growth Questions & Answers
Slide 3
MISC Berhad Strength in Marine and Oil & Gas
Slide 4
LNG Business Delivers 10% of the worlds 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 From purely a shipping line to becoming a fully
integrated maritime, offshore floating solutions and heavy
engineering services provider Oil & Gas Refineries &
Processing Supports the demand in the Maritime and Oil & Gas
industry 46 years of experience 46 years of experience
Shipping
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Continue to gain experience in developing various products
& technology offerings Malaysias first LNG regasification
terminal Conversion of own LNG vessels into FSU facilities Able to
receive and discharge LNG simultaneously Conversion works completed
at both MMHE and Keppel Yard Second deepwater facility for Malaysia
Largest offshore facility in Malaysia and South East Asia The first
Tension Leg Platform (TLP) to be deployed in Malaysia The third
floating platform for deepwater fields in the country Construction
of inaugural Mobile Offshore Production Unit (MOPU) specifically
for commercialization of marginal field
Slide 6
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 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 Specialized petroleum services provider in
supporting the oil & gas value chain 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 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
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A decade of experience in delivering projects and operating
offshore floating facilities 2004 FPSO Bunga Kertas FSO Angsi MISCs
inaugural entry as owner and operator of offshore floating
facilities. 2007 - 2008 FPSO Kikeh (2007) FSO Puteri Dulang (2008)
MISCs significant milestone in Malaysias 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) MISCs largest offshore facility in Malaysia and South East
Asia. 2006 FPSO Brasil FSO Cendor FSO Abu MISCs new frontier into
the Brazilian waters. 1 st FPSO FPSO Deepwater Deepwater 2009 -
2010 FPSO Espirito Santo (2009) FSO Orkid (2009) FPSO Ruby II
(2010) MOPU I (2010) MISCs inaugural Mobile Offshore Production
Unit specifically for commercialization of marginal field. 1 st
Semi-sub Semi-sub
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Marked as 5 th FPS operator and owner in the world with 14
assets 1 st Malaysian company in Brazillian waters Owns 50% of the
total floating facilities in Malaysia Contributes 20% to Malaysias
Oil Production A leading O&M operator of floating facilities in
Malaysia Solid foundation in the offshore industry to offer
comprehensive solutions for deep water and small field
developments. Preferred World Class Offshore Floating Facilities
Solutions Provider
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MISC Experience in Developing Sabahs Potential
Slide 10
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.
FPS Gumusut Kakap Siakap North Petai FPSO Kikeh
Slide 11
Sabah MISC Offshore Unleashing Sabahs Potential Sabah Field
Structure 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 Opportunity field in Sabah Appraising, Developing, Await
dev. Approval & Discovery field 29% : Deep water field 21%:
Marginal field Challenges Marginal field by hydrocarbon Deep water
field by hydrocarbon
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MISC Journey Continue to Fuel Sabahs Growth
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Sabah MISC Offshore The Journey continues to fuel Sabahs growth
Conventional Floating Facilities Marginal field and Improved
Recovery Methods Marine Mobile Production Unit (MaMPU) Mobile Water
Injection Facilities (WIF) Our floating solution Reliable.
Repeatable. Relocatable FPSO 10 years experience FSO 10 years
experience MOPU 4 years experience Semi- submersible Vast
experience in shallow and deep water fields Innovative and Cost
Effective Facilities
