Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) is pleased to announce that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), has secured a contract from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC) with an approximate value of RM 1.4 billion to undertake the provision of engineering, procurement, construction & installation (EPCI) of five (5) wellhead platforms, five (5) subsea pipelines and host tie-ins works. The EPCI contract is for the Joint Development Area (JDA) Field Development Project (Phase 6) located in the Malaysia-Thailand Joint Development Area (MTJDA).
The contract scope of work involves the construction of five (5) wellhead platforms* weighing an average of 2,000-metric tonne (MT), namely ADC, ADD, ADE, JKC and JKD, including the works on associated subsea pipelines and telecommunication upgrades. Once completed, the platforms will be installed in a water depth ranging between 55m and 65m, in the area under B-17-01 of south of the Gulf of Thailand, off the coast of Thailand and Malaysia.
Pandai Othman, Managing Director and Chief Executive Officer of MHB said, “This award is a testament to our proven and trusted 50-year track record, fortifying our strong technical expertise and our ability to deliver. This project was competitively tendered among a number of prominent regional players. Our drive to offer the best technical and commercial package whilst ensuring that we meet all our client’s expectations were key to our success in winning this award.”
“This is our third major win after having won two projects within the last one-year period namely, the Rosmari-Marjoram and Kasawari Carbon Capture & Storage (CCS) projects from Shell and PETRONAS respectively. These new developments signify the recovery of the oil & gas industry in the region after a period of slowdown due to the pandemic. We are prepared for a busy time ahead for the industry by reactivating the East Yard as prompt and ready response for upcoming demand.”
“In order to provide optimum solutions to our clients, we continue to upskill and solidify our presence as one of the best oil and gas service providers in the region, backed by our latest technological advancements in digitalisation and automation. We are honoured to be entrusted with such a significant project from CPOC and to contribute to the success of lasting diplomatic ties between Thailand and Malaysia,” he added.
Source: MHB