Malaysia-listed shipbuilder Malaysia Marine and Heavy Engineering (MMHE) has clinched various contracts worth a total of MYR324 million (USD86.34 million) from the upstream oil and gas sector, as well as in ship maintenance deals.
The contracts won by MMHE comprise of working with South Korea-based shipbuilder Hyundai Heavy Industries for the fabrication of substructures and a bridge for the Baronia CPP-B project, offshore Miri in Sarawak, Malaysia.
Additionally, MMHE is appointed as the contractor for the facilities improvement project package C, involving peninsular Malaysia offshore operations with national oil company, Petronas Carigali.
Moreover, MMHE has obtained a contract for a repair life extension project and dry-docking for two LNG carrier vessels for Malaysian shipping liner MISC, namely Puteri Intan and Puteri Delima.
MMHE also won a floating, storage, and offloading conversion deal for shipowner EA Technique.
“We are making good progress in replenishing our work order. MMHE has now secured close to MYR400 million worth of projects year to date. We are reasonably optimistic of building up our orderbook, and are actively bidding for a number of sanctioned projects domestically and internationally,” said Tuan Haji Abu Fitri Abdul Jalil, managing director and CEO of MMHE.