62 KEYFIELD INTERNATIONAL BERHAD 202001038989 (1395310-M) ENVIRONMENTAL STEWARDSHIP Energy Management and Climate Action As the oil and gas industry increasingly adopts environmentally conscious practices, prioritising energy efficiency aligns with industry efforts and delivers long-term cost savings. Implementing energy management solutions in our operations, such as hybrid engine technology and solar power, reduces our GHG emissions and strengthens our operational resilience. Energy In compliance with Annex VI of MARPOL, our vessels are equipped with the SEEMP. The SEEMP serves as a framework to enhance our vessel's energy efficiency while minimising operational costs. The framework guides us to explore innovative technologies and adopt best practices at every stage. Out of 14 vessels owned by Keyfield, 13 are utilising SEEMP, with the exception of Keyfield Wisdom, a non-propelled accommodation work barge to which SEEMP is not applicable. As stipulated by MARPOL, we follow Standard Operating Procedures (“SOPs”) to ensure thorough cleaning of the hull and appurtenances during dry docking once every 5 years. This practice enhances energy efficiency and reduces GHG emissions of our vessels by minimising the drag caused by biofouling, such as the accumulation of barnacles and algae. Keyfield Falcon is equipped with a hybrid diesel-electric engine, significantly enhancing fuel efficiency and reducing greenhouse gas emissions by balancing energy loads and optimising engine performance. Additionally, hybrid systems provide operational flexibility, allowing vessels to manoeuvre using battery power, thereby cutting fuel consumption, particularly in ports. This provides a competitive edge by attracting clients focused on sustainability and cost efficiency. Keyfield Wisdom completed the installation of a solar photovoltaic system that generates up to 100 kWh to support the vessel’s electricity needs in January 2025. This system will reduce fuel consumption and emissions, providing operational cost savings while enhancing the vessel’s appeal to environmentally-conscious clients seeking sustainable solutions. In FY2024, the total energy consumption from our vessels (during idle and transit periods), two company vehicles and purchased electricity at our Kuala Lumpur headquarters amounted to 19,594 MWh, equivalent to 70,538 GJ, with an intensity of 85 GJ per total off-hire days. 19,594 MWh total energy consumption in FY2024 70,538 GJ total energy consumption in FY2024 SUSTAINABILITY STATEMENT FY2024 (cont’d)
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