EOC Limited: COMPLETION OF ACQUISITION OF SJR MARINE (L) LTD (“SJR MARINE”) FROM PERISAI PETROLEUM TEKNOLOGI BERHAD

SINGAPORE--()--Regulatory News:

Reference is made to the announcements dated 30 November 2012 and 28 March 2013, pursuant to which EOC Limited announced that it had signed a Share Sale Agreement with Perisai Petroleum Teknology Berhad in respect of, amongst other things, the acquisition of 49% of the equity interest in SJR Marine (“SJR Marine Acquisition”). The Company is pleased to announce that the SJR Marine Acquisition completed on 26 December 2013.

ABOUT THE COMPANY

www.emasoffshore-cnp.com

Oslo Børs listing: October 2007

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.

EOC’s successful operational and HSE (health, safety and environment) track records have enabled the Group to establish strong working relationships with leading international oil majors, national oil companies and various independent operators. In addition, these ties have brought in a steady stream of repeat business and recurring income.

The Group is an associate company of Singapore Exchange-listed Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the O&G industry.

FOR FURTHER ENQUIRIES

Mr. Chan Eng Yew
EOC Limited
65 9792 8616
engyew.chan@emasoffshore-cnp.com

Ms. Carol Chong
Oaktree Advisers
65 9475 3167
carolchong@oaktreeadvisers.com

Ms. Nora Cheng
Oaktree Advisers
65 9634 7450
noracheng@oaktreeadvisers.com

Other media releases on the company can be accessed at www.oaktreeadvisers.com

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Contacts

EOC Limited
Mr. Chan Eng Yew, 65 9792 8616
engyew.chan@emasoffshore-cnp.com
or
Oaktree Advisers
Ms. Carol Chong, 65 9475 3167
carolchong@oaktreeadvisers.com
or
Ms. Nora Cheng, 65 9634 7450
noracheng@oaktreeadvisers.com

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Contacts

EOC Limited
Mr. Chan Eng Yew, 65 9792 8616
engyew.chan@emasoffshore-cnp.com
or
Oaktree Advisers
Ms. Carol Chong, 65 9475 3167
carolchong@oaktreeadvisers.com
or
Ms. Nora Cheng, 65 9634 7450
noracheng@oaktreeadvisers.com