As for the financial year under review, Offshore Business completed and delivered FPSO Cendor which was converted at the Malaysia Marine and Heavy Engineering Holdings Berhad’s yard in Pasir Gudang for deployment in the Cendor field, offshoreTerengganu, Malaysia. FPSO Cendor would be replacing the aging facility on the site, t h e F S O C e n d o r w h i ch wa s decommissioned and demobilised by MISC. In 2015, MISC will be embarking on a new project with the conversion of a Marginal Marine Production Unit (MAMPU) to be deployed in Malaysia’s marginal oil fields. The MAMPU represents our entry into marginal oil field development. Moving forward, MISC will have to develop product offerings that are creative, innovative and cost effective to meet the challenges in the changing landscape of Oil & Gas sector. p 67 MISC BERHAD - Annual Report 2014
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