MHB bags RM1.5b Petrofac contract

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) has secured a second offshore wind project worth RM1.5 billion from Petrofac International (UAE) LLC. MHB said its subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd would build an offshore substation high voltage direct current platform, consisting of topside and jacket, for Petrofac. In a filing with Bursa Malaysia, MHB said the project, named Nederwiek 1, underscored its commitment to sustainable energy infrastructure development.