286 REDISCOVER | REBUILD | SUSTAIN Notes to the financial statements - 31 December 2015 39. Joint arrangements and activities (cont’d.) (a) Joint ventures and activities (cont’d.) Name of company Country of incorporation Principal activities Ownership interest and voting interest (%) 2015 2014 Western Pacific Shipping Ltd. **** Bermuda Providing shipping solutions to meet LNG Project requirements and also supports other general shipping requirements of Papua New Guinea 60 60 VTTI B.V. Netherlands Owning (in whole or in part), operating and managing a network of oil product storage terminals and refineries – 50 ELS Lightering Services S.A Uruguay Lightering activity 50 50 Akudel S.A *** Uruguay Owning and operating workboats for lightering activity – 49 Gumusut-Kakap Semi- Floating Production System (L) Limited Malaysia Asset ownership and leasing of semi-submersible floating production system 50 50 Malaysia Deepwater Floating Terminal (Kikeh) Ltd. **** Malaysia FPSO owner 51 51
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