TH Heavy Engineering gets Petronas licence to tender for cranes






TH Heavy Engineering Bhd's unit will be able to tender for projects to provide offshore pedestal cranes to Petroliam Nasional Bhd and other oil major operations in Malaysia.
TH Heavy said on Tuesday the national oil company had extended the scope of the licence to its unit O & G Works Sdn Bhd.
"The standardised work and equipment code (SWEC) applied is mechanical-crane-pedestal," it said.
TH Heavy said O&G Works would be able to tender and take part in projects especially offshore pedestal cranes of various types and lifting capacities.
"The participation as manufacturer of offshore pedestal cranes is expected to have a positive contribution to the earnings and net assets of OG Works and the TH Heavy group for the current and future financial years," it said.

source : The Star Online

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