MISC shipyard Malaysia Marine and MMHE is seeks collaborators in Malaysian ship building sector
MISC shipyard Malaysia Marine and Heavy Engineering (MMHE) is seeking to collaborate with other Malaysian yards to build deepwater facilities for the oil and gas industry.
"We are making initial contacts with other local shipyards to see whether we can work together on future projects," MMHE managing director and chief executive officer Wan Yusoff Wan Hamat told the Business Times.
He declined to identify the shipyards, but said that any collaborations would be in deepwater projects in line with the company's target to become the region's centre of excellence for deepwater support services and maritime repairs.
Recent discoveries of deep-sea wells have pushed up demand for offshore facilities such as production platforms, semi-submersible rigs and drilling rigs. Malaysia alone is reportedly planning to develop about 10 deepwater fields in the next several years.
MMHE is also planning to expand its shipyard in Pasir Gudang, Johor, which is working at full capacity.
It is not ruling out acquiring other shipyards or adding additional land to the facility, but the immediate plan is to upgrade deepwater and marine repair facilities.
