PETALING JAYA: The latest contract bagged by Malaysia Marine and Heavy Engineering Holdings Bhd
(MMHE) in the Jerun gas field, offshore Sarawak, is a positive development towards replenishing its dwindling order book.
The offshore fabrication and marine repair service operator secured the contract from SapuraOMV Upstream (Sarawak) Inc to undertake the engineering, procurement, construction, transportation and installation, and hook-up and commissioning services for the SK408W Jerun development project, offshore Sarawak.
Value-wise, analysts said the contract is worth about RM1bil-RM1.5bil and would lift MMHE’s order backlog by slightly more than half to RM3bil.
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