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EOC is the leading owner and operator of floating production, storage and offloading (”FPSO”) and offshore construction services contractor based in Asia. We add value throughout the life cycle of oil and gas production, from exploration, through facility development, production, operations, maintenance and abandonment. We operate throughout Australasia and the Middle East in 4 focused business segments, namely: • Floating production storage and offloading systems• Pipe lay, heavy lift, transportation and installation• Accommodation barges and marine support services• Engineering and project management of turret mooring systems, heavy lift, transport and installation. The unique integration of engineering, offshore construction, operation of FPSOs and marine support vessels differentiates EOC from its competitors. By offering synergies and cost savings through the life of the field development, EOC is able to competitively position itself as an integrated solutions provider for the offshore energy sector. Incorporated in February 2007, EOC is a spin off from Ezra Holdings Limited, the leading Singapore based Anchor Handling, Towing and Supply vessel operator in Asia Pacific. EOC is headquartered in Singapore and has a healthy backlog of long term contracts with multinationals, national oil companies and independent operators. Currently, the Group is the owner of three heavy lift construction and accommodation units (one with pipe laying capability) that are currently in commercial operation. The Group also has a tanker under conversion into a FPSO for a South East Asian national oil company, which is expected to be in commercial operation in July 2008.