Technip, MMHE launch joint venture
Technip and Malaysia Marine and Heavy Engineering (MMHE) officially launched their joint venture (TMJV) at the 2nd Malaysia Oil & Gas Services Exhibition and Conference (MOGSEC) held in Kuala Lumpur.
Established in July 2011, the unincorporated 50-50 joint venture was formed to provide engineering, procurement, construction, installation and hook- up/commissioning (EPCIC) services for the global oil & gas industry. Fully leveraging on the core strengths of both companies, TMJV combines Technip’s project management and design engineering expertise with MHHE fabrication capabilities.
Since its establishment, TMJV has been awarded two projects from major oil & gas clients.
The first project is the engineering, procurement and construction contract for the Malikai Deepwater Tension Leg Platform (TLP) which will be installed approximately 110 kilometres offshore Sabah (East Malaysia) in the South China Sea. The contract was awarded by Sabah Shell Petroleum Company (SSPC).
The second project is an EPCIC contract for the development of two gas fields in Block SK316 for Petronas Carigali. Those fields are located approximately 180 kilometres north of Bintulu, Sarawak, at a water depth of 104 metres. The contract includes a central processing platform and a bridge-linked wellhead platform (which are currently under construction at the MMHE fabrication yard), as well as a 75-kilometre pipeline, which will be installed by one of Technip’s pipe-laying vessels.