EOC Completes Sale of FPSO to Perisai

EOC Limited (the Company) announces that it has completed the sale of 51% equity interest in the entities owning and operating the FPSO “Perisai Kamelia” (formerly known as “Lewek Arunothai”) to Perisai Production Holdings Sdn Bhd, a wholly-owned subsidiary of Perisai Petroleum Teknologi BHD (“Perisai”).

The Company completed the Sale of FPSO on 21 August 2013.

EOC Limited offers offshore floating production services that support the full life cycle of offshore oil and 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. The Group has conducted operations in Australia, Brunei, India, Indonesia, Malaysia, the Middle East, the Philippines, Vietnam and Thailand, and continues to do so currently.

Press Release, August 21, 2013