MMHE, TechnipFMC Ink Long-term Deal with Saudi Aramco

(File photo: Saudi Aramco)
(File photo: Saudi Aramco)

Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced that its wholly owned subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), in consortium with TechnipFMC, has signed a long‐term agreement with Saudi Aramco.

This agreement is valid for six years with an option to extend for another six years, and covers engineering, procurement, fabrication, transportation and installation of offshore facilities in support of Saudi Aramco’s offshore Maintain Potential Program (MPP), and other works which will be executed within the waters offshore Saudi Arabia.

The agreement was signed during Saudi Aramco’s In‐Kingdom Total Value Add (IKTVA) Annual Forum in Dammam,Saudi Arabia on November 26, 2018.

Wan Mashitah Wan Abdullah Sani, Managing Director and Chief Executive Officer of MHB, said, “Our entry into Kingdom of Saudi Arabia marks a significant milestone for the group’s heavy engineering segment as we pursue growth in line with our strategy to expand our portfolio in the international market.

“Fully leveraging on the core strengths of MMHE and TechnipFMC, we believe that the collaboration is another solid step in our constant drive to deliver the best to our customers.”

Current News

Chevron Acquires Blocks in Brazil's Foz do Amazonas Basin

Chevron Acquires Blocks in Bra

Qatari Output at Gas Field Shared With Iran Is Steady

Qatari Output at Gas Field Sha

Rhino Resources To Drill New Well Offshore Namibia

Rhino Resources To Drill New W

Fugro-Led BeWild Completes First Fully Remote Ecology Survey at OW Farm

Fugro-Led BeWild Completes Fir

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine