MMHE unit inks collaboration on fabricating SOFEC branded products

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) said its wholly-owned subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd has entered into a long-term collaboration with MODEC's Mooring Solution Business unit to fabricate SOFEC branded products.

It said in a stock exchange filing the framework agreement between the parties follows the initial contract under which MMHE was selected to fabricate the internal turret mooring system for a Floating Liquefied Natural Gas (FLNG) projec

The framework agreement is for a period of two years with an option for extensions.