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.