CHANGE IN BOARD OF DIRECTORS
EOC Limited (EOC or the Group), a leading provider of offshore oil and gas (O&G) support services in Asia, has announced that Mr Michael Lai Kai Jin will be retiring from his position as a Director of the company with effect from 1st November 2011. Mr Lai had served as a Director with the company since it was incorporated in 2007.
In his place, Mr Dale B. Alberda has been appointed as a Director of the company with effect from 1st November 2011. Mr Alberda brings with him a wealth of experience in the Financial and Maritime sectors having spent over 30 years in various roles within these industries. He graduated in 1973 with a Bachelor’s Degree in Business Administration from the Montana State University and commenced his career as a Staff Accountant in Marine Colloids, Inc (now a division of FMC Corporation), where he worked his way up to the position of Corporate Controller in 1976. Subsequently, he spent 11 years at a Seattle shipyard with the last 5 years as VP and CFO before moving into the marine banking industry with Christiania Bank (Nordea), Key Bank, Bank of America and most recently 11 years with the Marine Division of Caterpillar Financial Services Corporation where he was responsible for business development and marine lending both for the Asia Pacific region for 6 years and for the Europe, Africa and Middle East region for 5 years.
ABOUT THE COMPANY
www.emasoffshore-cnp.com
Oslo Børs listing: October 2007
EOC Limited offers offshore floating production services that supports the life cycle of offshore oil & gas (O&G) production. It owns and operates two floating production, storage and offloading (FPSO) vessels, the Lewek Arunothai and the Lewek EMAS and a fleet of construction vessels. It has current operations and has operated in Australia, Brunei, India, Indonesia, Malaysia, the Middle East, the Philippines, Vietnam and Thailand.
EOC’s successful operational and HSE (health, safety and environment) track records have enabled the Group to establish strong working relationships with leading international oil majors, national oil companies and various independent operators. In addition, these ties have also brought in a steady stream of repeat business and recurring income.
The Group is also an associate company of Singapore Exchange-listed Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the O&G industry.
FOR FURTHER ENQUIRIES
Mr. Chan Eng Yew
EOC Limited
65 9792 8616
engyew.chan@emasoffshore-cnp.com
Ms. Carol Chong
Oaktree Advisers
65 9475 3167
carolchong@oaktreeadvisers.com
Ms. Nora Cheng
Oaktree Advisers
65 9634 7450
noracheng@oaktreeadvisers.com
Other media releases on the company can be accessed at www.oaktreeadvisers.com