In its exchange filing, MHB said the duration of the contract in the Jerun gas field was 40 months.(File pic shows MMHE yard.)
PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd
(MHB) says the engineering, procurement, construction, transportation and installation, and hook-up and commissioning services (EPCIC) contract from SapuraOMV Upstream (Sarawak) Inc is worth RM1bil.
The disclosure yesterday followed the group’s announcement last week that its wholly-owned unit Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) had secured the EPCIC contract for the SK408W Jerun development project, offshore Sarawak.
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