MMHE secures two contracts worth RM350m

MMHE secures two contracts worth RM350m

Kuala Lumpur: Malaysia Marine and Heavy Engineering Holdings (MMHE) has secured contracts close to RM 350m which involves fabrication and other associated works for two exploration and production projects offshore Peninsular Malaysia.

The first contract is for the fabrication of well head platform and its jacket, the connecting bridge, and heavier jacket for the central processing platform for the North Malay Basin (NMB) Bergading Complex where MMHE will be the subcontractor for Hyundai Heavy Industries. They are scheduled for delivery to the project’s ultimate client, Hess E&P Malaysia BV by 2016.

The second contract is the procurement, construction, hook up and commissioning contract for the Besar?A well head platform and its jacket as well as the associated host tie-in work for Petronas. The project is scheduled to be completed towards the end of 2015.

“As oil and gas companies increasingly implement more stringent project evaluation threshold levels, every project awarded becomes critical in fulfilling the overall organisational objectives of our customer. So, we look forward to reciprocate the trust given to MHB by fulfilling our commitments and executing these projects effectively,” said MHHE managing director Dominique de Soras. [04/11/14]