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Business 16 May 2014 | 12:00 AM Premium

THHE wins first FPSO contract in RM2.9bil deal

PETALING JAYA: TH Heavy Engineering Bhd (THHE) has finally secured a contract for its floating production, storage and offloading vessel (FPSO) with Japan’s JX Nippon Oil & Gas Exploration in a deal worth US$900mil (RM2.9bil), sources said.