Port klang factory shows: SLB One Subsea

Yes most recently.. Central processing platform bid yet to issue.
Only for WP1, WP2 and accommodation platform

MMHE records net loss of RM105.21mil in 3Q

As Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) navigates a challenging operating environment, tighter global oil supply and higher prices amid growing global demand could bolster capex spending beyond pre-pandemic levels, said managing director and CEO Pandai Othman.

Reviewing the third-quarter results and outlook for the energy and marine solutions provider, Pandai said this was owing to the recent conflict in the Middle East as well as the ongoing commitment by Opec+ to reduce global oil supply.

Meanwhile, he noted that there are also business opportunities in the renewable energy space, as environmental, social and governance (ESG) initiatives continue to gain in significance.

"We will continue to explore opportunities in both domestic and international markets with increased emphasis on decarbonisation and renewable energy," he said in a statement.

In the third quarter of 2023, MMHE posted a net loss of RM105.21mil, which compares to a net profit of RM15.95mil in the same quarter in 2022.

The group recorded a loss per share of 6.6 sen as compared to an earnings per share of one sen in 3QFY22.

Revenue, however, was up to RM638.47mil compared to RM409.23mil previously due to contributions from new and ongoing projects.

https://www.thestar.com.my/business/busines...m10521mil-in-3q

All the offshore bid's have been sent out by PT T to the bidders.

Anyone know who else participating for CPP?

1. MDR
2. MHB
3. ??
4. HHI??

Saipem involved?
Heard otherwise from markets...

No Chinese fabricator, no saipem..

4 Contract for Offshore and 1 for Onshore.


biggest / most extensive contracts / interfacing in Malaysia offshore development over past 10 years.

3 bidders..H ....Korea is the third

and no,.. the split of the contracts is not correct...

C1 - C4 issued
C4 is T&I

C5 is pending issuance - Onshore plant..

No. C5 the onshore..

Mostly are joining PETRONAS. Finally an opportunity in for many of my peers, including those from their subsidiary companies

Technip energies KL implemented MSS for few staff ending 31/Dec . unable to secure significant workload for now according to my friends in the KL Office

Many gone to middle east just was informed my senior engineer colleague around 15 years experience joining EPCC Contractor in middle east as a Senior Engineer (Contract basis)

Operators many vacancies

Those with lubang, going in due to recommendations..

This is fact not fiction

UOP is hiring many positions let me check within 1 weeks can get back on the benefits..

I do not have specific details but UOP - One of my colleagues were approached for Sn Engineer post around 2 weeks ago, He gave estimated 30% above his current salary (underpaid) and the recruiter just said seem high huhuh.. Anyway, he won't jump if the offer is small since he just joined another O&G EPCC less than 1.5 years ago

Lots of projects losing money..

Bid is due on middle march..
3 bidders

3 Bidders:

1. MMHE

2. MD rmott

3. H.. Heavy Industries