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

Keyfield issues maiden RM200mil sukuk wakalah
Liquidity key to index showing in 2025
Sime Motors to increase service centres supporting BYD
Base electricity tariff to rise 14.2% starting July
Ringgit gains on rising oil prices
Teck Guan takes cautious stance on its prospects
MYMBN impacted by halt in bird’s nest exports
US weekly jobless claims fall slightly
Keyfield issues maiden RM200mil sukuk wakalah
Electricity tariff to rise by 14%�from�July�2025

Others Also Read