MISC- Annual Report 2016

OFFSHORE BUSINESS The Offshore Business segment delivers comprehensive and innovative solutions from design to operation, catering for marginal, conventional and deepwater field developments. It has an extensive production and operations performance track record for all its facilities. The segment currently owns 14 floating solutions comprising six FPSOs, five FSOs (three of which are in operation), two Mobile Offshore Production Unit Mobile Offshore Production Unit (MOPUs) and one Floating Production System (FPS). It also offers comprehensive solutions for small, marginal and deepwater field developments, from design to operation and decommissioning of floating assets (EPCICOD). Today, the Offshore Business segment owns 50% of the total floating facilities in Malaysia. MISC BERHAD •  Annual Report 2016 68 President/Group CEO’s Review and MD&A BUSINESS SEGMENT AND OPERATIONS REVIEW

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