MMHE unit secures RM1.2bil subcontract for Netherlands offshore wind project


KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd's (MMHE) unit has secured a subcontract of the first offshore substation (OSS) high voltage direct current (HVDC) platform consisting of topside and jacket for the Ijmuiden ver Alpha Project from Petrofac International (UAE) LLC.

The subcontract received by its wholly-owned and major subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd is valued at about RM1.2bil, said the group in a statement.

It includes construction engineering, fabrication, mechanical completion, load out and sea fastening, and architectural works on engineering, procurement and construction (EPC) basis.

This OSS platform will comprise a topside, weighing approximately 30,000 tonnes (including equipment) and a jacket, weighing approximately 10,000 tonnes.

In addition, the parties will also collaborate on the possibility of fabrication works for two additional OSS units of similar size.

“Gearing up for fabrication works, MHB will be expanding further the reactivation of MMHE East yard which will be utilised alongside MMHE West yard in delivering this project,” said MMHE managing director and CEO Pandai Othman.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MMHE , construction , offshore , Petrofac

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read