KUALA LUMPUR (Dec 2): Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) has secured a contract from Petronas Carigali Sdn Bhd (PCSB) to undertake the provision of engineering, procurement, construction, installation and commissioning (EPCIC) for the Bekok Oil Project.

In a statement today, MHB said its unit Malaysia Marine and Heavy Engineering Sdn Bhd had bagged the job, which include the supply and installation of new BEDP-A and BEDP-B Wellhead Platforms.

It said upon completion of fabrication works, the platforms will be installed at PM9 Field, located in southeastern of Malay Basin, Peninsular Malaysia, approximately 260 kilometres from Terengganu Crude Oil Terminal.

Meanwhile, MHB said it had also recently secured a contract for Bergading Central Processing Platform-Mercury Removal Unit (CPP-MRU) Integration Project from Hess Exploration and Production Malaysia B.V.

The group said the job covers engineering, procurement, construction and commissioning (EPCC) works for Bergading MRU module.

Upon completion, the module will be installed and integrated to the existing Bergading CPP, North Malay Basin, it said.

MHB managing director and chief executive officer Wan Mashitah Wan Abdullah Sani said the new contracts signified continued trust in the group's capabilities.

"Our focus remains to ensure efficiency and effectiveness in the execution of project deliverables as per targets set," she said.

At the midday break today, MHB shares settled at 85.5 sen, valuing it at RM1.37 billion.