Malaysia Marine and Heavy Engineering (MMHE) has secured a frame agreement from Petronas to provide engineering, procurement and construction (EPC) of fixed offshore structure works.
The agreement secured by Malaysia Marine and Heavy Engineering’s (MHB) wholly owned subsidiary consists of two packages.
Package A includes the provision of EPC of fixed offshore structures of a weight exceeding 7,500Mt.
Under Package B, the company will provide fixed offshore structures of weight not exceeding or equal to 7,500Mt.
Valid for a six-year period as both packages are on a mini bidding basis, the agreement is applicable to projects that are being managed under Petronas’ Petroleum Agreement Contractors.
It covers all oil and gas blocks within Malaysia.
MHB CEO and managing director Wan Mashitah Wan Abdullah Sani said: “We are honoured to be chosen to continue supporting Petronas’ offshore initiatives.
“This award is a reflection of continued trust in our ability to execute projects and to deliver the desired results. Our aim is to deliver all projects efficiently, without compromising on safety and quality.”
KKB Engineering subsidiary OceanMight has also been qualified as one of Petronas’ contractors for the provision of EPC of fixed offshore structure works.
The company has accepted and signed the frame agreement for these works.
Within three months of accepting the award, a formal contract is expected to be executed for a period of six years. It is effective from 12 December 2018.