Malaysia Marine & Heavy Engineering (MMHE) has been left empty handed after losing out on a major fabrication contract for phase three of Posco International’s Shwe project offshore Myanmar — despite having a letter of award for the job.

The large steel jacket for the compression platform will now be built by PetroVietnam Technical Services Corporation (PTSC) at its Vung Tau yard in Vietnam and not in Johor, southern Malaysia, as had been expected, multiple industry sources confirmed to Upstream.