Search results for: MHB

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  • 14 August 2013

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced its financial results for the six months ended 30 June 2013. The Group achieved a revenue of RM1.7 billion with profit before tax of RM109 million. During the quarter, MHB successfully completed the Gumusut-Kakap Floating Production System (FPS). The semi-submersible floating production system was the largest such facility in the […]

  • 21 January 2011
    Business & Finance

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has appointed Mr Dominique de Soras as a Non-Independent Executive Director and also the new Managing Director and Chief Executive Officer with effect from 1 February 2011. He will replace En. Wan Yusoff bin Wan Hamat who will be resigning from MHB to take up a new […]

  • 6 May 2011
    Business & Finance

      On 6th May 2011, the Board of Directors of Malaysia Marine and Heavy Engineering Holdings Berhad (“MHB”) has approved the consolidated results for the financial year ended 31st March 2011. MHB achieved a revenue of RM4,435.4 million (USD 1.47 Billion) and the Group’s profit before tax improved by 12.4% to RM424.0 million. The better […]

  • 22 December 2015
    Business & Finance

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has secured contracts worth RM 527 million ($122.5M) including a contract with Petronas.  The contracts were secured through MHB’s wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE). The first contract entails the engineering, procurement, construction and commissioning (EPCC) of the WHP topside and jacket, telecommunication […]

  • 11 February 2014

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced its financial results for the twelve months ended 31 December 2013. The Group achieved a revenue of RM2,885 million with profit before tax of RM198 million. MHB’s offshore business segment achieved an operating profit of RM105 million. The Group successfully completed the Gumusut-Kakap Floating Production System (FPS). The semi- submersible […]

  • 6 May 2011

    On 6th May 2011, the Board of Directors of Malaysia Marine and Heavy Engineering Holdings Berhad (“MHB”) has approved the consolidated results for the financial year ended 31st March 2011. MHB achieved a revenue of RM4,435.4 million and the Group’s profit before tax improved by 12.4% to RM424.0 million. The better performance was attributed to […]

  • 16 June 2015
    Project & Tenders, Vessels

    Malaysia Marine and Heavy Engineering (MHB) said that its unit MMHE has won a contract for a repair life extension project and dry-docking for two LNG carriers owned by MISC, namely ‘Puteri Intan’ and ‘Puteri Delima’. The scope of work involves reinforcement work, retrofitting and boiler repair among others, MHB said in a statement on […]

  • 14 January 2015

    Malaysia Marine and Heavy Engineering Holdings Berhad (“MHB”) has appointed new managing director and Chief Executive Officer. In a Bursa Malaysia filing, MHB, a provider of offshore solutions for the oil and gas industry, said that Tuan Haji Abu Fitri bin Abdul Jalil would Dominique de Soras, as the Managing Director & Chief Executive Officer of […]

  • 21 January 2011

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has appointed Mr Dominique de Soras as a Non-Independent Executive Director and also the new Managing Director and Chief Executive Officer with effect from 1 February 2011. He will replace En. Wan Yusoff bin Wan Hamat who will be resigning from MHB to take up a new […]

  • 28 April 2015

    Malaysia Marine and Heavy Engineering informed it has achieved a revenue of RM719 million with profit before tax of RM35 million, in the first quarter 2015.

  • 30 March 2016

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) on Wednesday said the company’s managing director and CEO Haji Abu Fitri Abdul Jalil will renounce its position on April 30, leaving for Petronas.

  • 14 August 2013
    Business & Finance

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has announced results for 2Q 2013 and six months ended 30 June 2013. The group’s quarterly profit was RM 47,9 million (USD 14.6 million), a drop compared to the 2Q 2013 when the company earned RM 55,5 million (USD 17 million) For the six months ended June 30, 2013 […]

  • 21 May 2013

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced its financial results for the three months ended 31 December 2013. The Group achieved a revenue of RM922 million (RM665,3 million) with profit before tax of RM57 million. During the quarter, MHB successfully completed and delivered the OSX-3 FPSO External Turret and the Telok-B Jacket. On […]

  • 22 October 2013

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced its financial results for the nine  months ended 30 September 2013. The Group achieved a revenue of RM2.2 billion with profit before tax of RM151 million. During the quarter, the Damar Topside successfully sailed away from MMHE West Yard to its location offshore Terengganu in the Peninsular Malaysia. MHB […]

  • 16 June 2015
    Project & Tenders, Vessels

    Malaysia Marine and Heavy Engineering (MHB) said that its unit MMHE has won a contract for a repair life extension project and dry-docking for two LNG carriers owned by MISC, namely ‘Puteri Intan’ and ‘Puteri Delima’. The scope of work involves reinforcement work, retrofitting and boiler repair among others, MHB said in a statement on […]

  • 28 April 2015

    Malaysia Marine and Heavy Engineering informed it has achieved a revenue of RM719 million with profit before tax of RM35 million, in the first quarter 2015.

  • 3 November 2014
    Business & Finance, Project & Tenders

    Malaysia Marine and Heavy Engineering has secured contracts close to RM 350 million (USD 105.5 million) involving fabrication and other associated works for two exploration and production projects offshore Peninsular Malaysia. The first contract is for the fabrication of well head platform and its jacket, the connecting bridge, and  heavier jacket for the central processing platform […]

  • 6 July 2011
    Business & Finance

      Malaysia Marine and Heavy Engineering Holdings Berhad (“MHB”) announces that it has entered into a Joint Venture Agreement with Technip Geoproduction (M) Sdn Bhd (“TPGM”) for the establishment of a jointly controlled entity, to be known as Technip MHB Hull Engineering Sdn Bhd (“TMH”), that will perform hull engineering services on floating structures for […]

  • 6 July 2011
    Business & Finance

    Malaysia Marine and Heavy Engineering Holdings Berhad (“MHB”) announces that it has entered into a Joint Venture Agreement with Technip Geoproduction (M) Sdn Bhd (“TPGM”) for the establishment of a jointly controlled entity, to be known as Technip MHB Hull Engineering Sdn Bhd (“TMH”), that will perform hull engineering services on floating structures for the […]

  • 3 February 2016

    Malaysia Marine and Heavy Engineering (MHB) posted a profit of RM44.4 (US$10.52 million) in 2015, almost three times lower as compared to the year before. The drop in net profit was due to lower contribution from the company’s offshore segment and the impact from “a provision for impairment on the goodwill and assets of the Group amounting to […]

  • 26 December 2018
    Business & Finance

    Malaysia Marine and Heavy Engineering Holdings Berhad and TechnipFMC have signed a long-term agreement with Saudi Aramco. In addition, MHB has secured a contract for fabrication of the Pluto water handling module for Woodside from TechnipFMC.

  • 28 July 2015

    Malaysia Marine and Heavy Engineering (MHB) posted a revenue of RM1.3 billion for the first half of 2015, as compared to RM1.65 billion for the same period a year before. MHB’s marine business segment recorded growths in revenue and profit against the same corresponding period last year, mainly due to the higher value of repair works. Its […]