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.