MMHE bags RM1.5bil OSS construction job from Petrofac


MMHE West Yard, Pasir Gudang, Johor.

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) has via its wholly-owned and major subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd, secured a RM1.5bil award to build an offshore substation (OSS) high voltage direct current (HVDC) platform consisting of topside and jacket from Petrofac International (UAE) LLC.

In a filing with Bursa Malaysia, MMHE said the Subcontract scope consists of construction engineering, fabrication, mechanical completion, load out and sea fastening, and architectural works on engineering, procurement and construction (EPC) basis.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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MMHE , OSS , oil and gas , offshore , Petrofac

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