malaysia marine and heavy engineering holdings berhad type public limited company traded as myx 5186 industry marine engineering prefabrication founded 1989 headquarters kuala lumpur malaysia key people dominique de soras managing director & ceo products offshore construction offshore conversion marine repair revenue rm2 .9 billion end 2013 us 0.88 billion total assets rm5 .02 billion end 2013 us 1.53 billion total equity rm2 .58 billion end 2013 us 0.79 billion number of employees 4 000 website www.mhb.com.my malaysia marine and heavy engineering holdings berhad mhb is a malaysian owned shipbuilding and heavy engineering industries company . it was formerly known as malaysia shipyard and engineering sdn bhd. mhb has been long involved in oil and gas engineering and construction works . 1 in march 2004 malaysia international shipping corporation bhd misc increased its shareholding in mmhe to 65 % making it the majority shareholder of the company . contents 1 history 2 core businesses 2.1 offshore construction 2.2 offshore conversion 2.3 marine repair 3 locations 3.1 mmhe west yard 3.2 mmhe east yard 4 see also 5 references 6 external links history edit customer service in mhb office mhb shipyard in 2008 mhb was incorporated in malaysia in 1989 as a private limited company under the name mse holdings sdn bhd. in june 2010 when mse holdings was converted into a public company its name was changed to malaysia marine and heavy engineering holdings berhad mhb . on 29 october 2010 mhb was successfully listed on the main market of bursa malaysia securities berhad with its initial public offering ipo raising of rm2 .03 billion . the ipo was the first in malaysia to be conducted with an international strategic investor technip s.a. of france a renowned player in project management engineering and construction in the oil and gas industry . the history of mhb dates back to the incorporation of its wholly owned subsidiary malaysia marine and heavy engineering sdn bhd mmhe in may 1973 under the name of malaysia shipyard and engineering sdn bhd mse . mse was established by the government to advance malaysia s maritime industrialisation programme . it was subsequently privatised and in 2006 became a wholly owned subsidiary of misc berhad . being within the misc group of companies enabled the two organisations to align their goals and objectives to create greater synergies . one of mhb s achievements was the completion of the fpso kikeh and the kikeh truss spar for the kikeh field in september 2006 malaysia s first deepwater project . fpso kikeh was the first deepwater fpso in malaysia and the spar platform was the first to be installed outside of the gulf of mexico . another milestone was achieved in 2007 when the mhb group ventured abroad to operate and manage the kiyanly yard the only fabrication yard in turkmenistan on behalf of petronas carigali turkmenistan sdn bhd. the most recent significant achievement was the completion of the gumusut kakap semi floating production system fps . it is the largest such facility in the world to have been fully built and integrated on land . the fps left the mmhe west yard in pasir gudang johor on 13 may 2013 . mmhe east and mmhe west are the only fabrication yards in south east asia to have constructed deepwater facilities in malaysia for its international oil and gas clients . in april 2012 through the yard optimisation initiative mhb expanded its yard size and capacity with the acquisition of new land for the fabrication of offshore oil and gas related structures to cater to epcic works . the acquisition has significantly increased mhb s pasir gudang yard capacity from 69 700 mt to 129 700 mt making mhb the largest fabricator in malaysia today in terms of yard size and capacity . in conjunction with the acquisition mmhe s yard in jalan pekeliling was renamed mmhe west while the newly acquired yard is now known as mmhe east . there are approximately 4 000 operations and services support staff working at both yards in pasir gudang as well as in the group corporate office in menara dayabumi kuala lumpur on any given day . today mhb is recognised as a regional heavy engineering and deepwater support services provider for the oil and gas deepwater industry as well as a key player for lng ship repair and dry docking . mhb is also a one stop centre for marine conversion . through partnerships with samsung heavy industries of south korea technip s.a. of france and atb riva of italy all of whom are leaders in their respective fields we have improved mhb s offerings through the enhancement of capabilities and the transfer of technology . 2 core businesses edit asian hercules on duty offshore construction edit mhb offers a full range of construction and engineering services for the offshore and onshore oil and gas industry from detailed engineering design and procurement to construction installation hook up and commissioning epcic . projects include the construction of production topsides process modules turrets floating production systems mooring buoy systems and mobile offshore storage units . offshore conversion edit mhb is a one stop centre for converting vessels such as vlccs aframax tankers offshore oil rigs and lng carriers into floating structures i.e. floating production storage and offloading units fpsos floating storage and offloading units fsos mopus modus and floating storage units fsus . its comprehensive offshore conversion services range from engineering design to fabrication installation and commissioning of these structures . the mmhe s west yard is the only yard in malaysia that has completed fpso and fso conversion projects . marine repair edit mhb has built upon its core capabilities in general vessel repairs to focus on more complex and higher value repair and refurbishment projects such as those for lng carriers and offshore oil rigs . its marine repair services include repair refit and refurbishment of a wide range of vessels with a focus on energy related vessels such as ulccs vlccs petroleum tankers chemical tankers offshore oil rigs gas carriers and other offshore support vessels . other services include the construction of new built structures such as tender barges and jumboisation works which are complex engineering operations to increase the size of a vessel . locations edit bunga mas 10 mmhe mmhe west yard edit the mmhe west yard is the single largest fabrication yard by annual tonnage capacity in malaysia . it also boasts one of the largest dry docks in south east asia . it is located at pasir gudang johor the only yard in malaysia that has constructed deepwater structures for the oil and gas industry the only yard in malaysia that has completed fpso fso conversions the first being the fpso perintis completed in march 1999 pioneered the construction of malaysia s first deepwater project namely the fpso kikeh which boasts the biggest and heaviest external turret on any fpso worldwide constructed the gumusut kakap semi floating production system fps the largest of such facilities in the world to have been fully built and integrated on land total area 150.6 hectare 372 acres complex with 1.8 km seafront capacities ability to construct large marine structures with a total tonnage of 69 700 mt per year mmhe east yard edit mhb started to operate in mmhe east yard in april 2012 following the acquisition of the yard . it is the smaller of the two yards operated by mhb . total area 46.8 hectare 116 acres complex with 500 metres seafront capacities ability to construct large marine structures with a total tonnage of 60 000 mt per year fabrication area 3 fabrication and assembly areas totalling 200 700 m2 see also edit boustead heavy industries italthai industrial group st marine references edit http www.mhb.com.my http investing.businessweek.com research stocks private snapshot.asp privcapid 25538736 external links edit official website retrieved from https en.wikipedia.org w index.php title malaysia marine and heavy engineering & oldid 664863584 categories manufacturing companies of malaysiashipbuilding companieshidden categories engvarb from february 2015use dmy dates from february 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages bahasa melayu edit links this page was last modified on 31 may 2015 at 14 17 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a 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