Ranhill Berhad
Encyclopedia
Ranhill Berhad is one of Malaysia's largest companies. Having started out in 1973 as engineering consultants, it expanded first into engineering
, procurement
and project management
, then into turnkey
construction, facility management
, development
and ownership
of projects. Now, Ranhill is a premier engineering corporation, focusing on the industrial sectors essential to nation-building such as oil
and gas
, power
, water
and infrastructure
. When Ranhill's financial year ended on 30 June 2006, more than 60% of its RM9.3 billion order book came from overseas, including a housing contract worth RM7.4 billion in Libya
and hydropower plant in Pakistan
.
A more significant project for Ranhill is its plans to drill for oil in West Java
, Indonesia
. Ranhill, via its 60% investment in a joint-venture company with PT Bumi Parahyangan Ranhill Energia Citarum, secured the oil block in October 2006. Ranhill's current oil and gas investments include a gas production field about 15 km north of Citarum (Jatirarangon TAC), an exploration block in South Sumatra
(Jambi Batu Gajah PSC) and two exploration blocks in the Philippines
(SC49 and SC64).
In 2004, the oil consortium PetroDar
awarded a contract to a joint venture between Ranhill and Petroneeds for engineering, procurement, construction and commissioning (EPCC) of an oil facility
in Sudan
's Melut Basin
. The joint venture is 55% owned by Ranhill. The company sees the contract as an opportunity to expand its EPCC work.
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...
, procurement
Procurement
Procurement is the acquisition of goods or services. It is favourable that the goods/services are appropriate and that they are procured at the best possible cost to meet the needs of the purchaser in terms of quality and quantity, time, and location...
and project management
Project management
Project management is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end , undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value...
, then into turnkey
Turnkey
A turn-key or a turn-key project is a type of project that is constructed by a developer and sold or turned over to a buyer in a ready-to-use condition.-Common usage:...
construction, facility management
Facility management
Facility management is an interdisciplinary field primarily devoted to the maintenance and care of commercial or institutional buildings, such as hospitals, hotels, office complexes, arenas, schools or convention centers...
, development
Land development
Land development refers to altering the landscape in any number of ways such as:* changing landforms from a natural or semi-natural state for a purpose such as agriculture or housing...
and ownership
Ownership
Ownership is the state or fact of exclusive rights and control over property, which may be an object, land/real estate or intellectual property. Ownership involves multiple rights, collectively referred to as title, which may be separated and held by different parties. The concept of ownership has...
of projects. Now, Ranhill is a premier engineering corporation, focusing on the industrial sectors essential to nation-building such as oil
Oil
An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....
and gas
Gas
Gas is one of the three classical states of matter . Near absolute zero, a substance exists as a solid. As heat is added to this substance it melts into a liquid at its melting point , boils into a gas at its boiling point, and if heated high enough would enter a plasma state in which the electrons...
, power
Electric power
Electric power is the rate at which electric energy is transferred by an electric circuit. The SI unit of power is the watt.-Circuits:Electric power, like mechanical power, is represented by the letter P in electrical equations...
, water
Water
Water is a chemical substance with the chemical formula H2O. A water molecule contains one oxygen and two hydrogen atoms connected by covalent bonds. Water is a liquid at ambient conditions, but it often co-exists on Earth with its solid state, ice, and gaseous state . Water also exists in a...
and infrastructure
Infrastructure
Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
. When Ranhill's financial year ended on 30 June 2006, more than 60% of its RM9.3 billion order book came from overseas, including a housing contract worth RM7.4 billion in Libya
Libya
Libya is an African country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west....
and hydropower plant in Pakistan
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
.
A more significant project for Ranhill is its plans to drill for oil in West Java
West Java
West Java , with a population of over 43 million, is the most populous and most densely populated province of Indonesia. Located on the island of Java, it is slightly smaller in area than densely populated Taiwan, but with nearly double the population...
, Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
. Ranhill, via its 60% investment in a joint-venture company with PT Bumi Parahyangan Ranhill Energia Citarum, secured the oil block in October 2006. Ranhill's current oil and gas investments include a gas production field about 15 km north of Citarum (Jatirarangon TAC), an exploration block in South Sumatra
South Sumatra
South Sumatra is a province of Indonesia.-Geography:It is on the island of Sumatra, and borders the provinces of Lampung to the south, Bengkulu to the west, and Jambi to the north...
(Jambi Batu Gajah PSC) and two exploration blocks in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
(SC49 and SC64).
In 2004, the oil consortium PetroDar
PetroDar
The PetroDar Operating Company Ltd is a consortium of oil exploration and production companies operating in Sudan with its headquarters in Khartoum. The consortium was incorporated in the Virgin Islands on 31 October 2001...
awarded a contract to a joint venture between Ranhill and Petroneeds for engineering, procurement, construction and commissioning (EPCC) of an oil facility
Extraction of petroleum
The extraction of petroleum is the process by which usable petroleum is extracted and removed from the earth.-Locating the oil field:Geologists use seismic surveys to search for geological structures that may form oil reservoirs...
in Sudan
Sudan
Sudan , officially the Republic of the Sudan , is a country in North Africa, sometimes considered part of the Middle East politically. It is bordered by Egypt to the north, the Red Sea to the northeast, Eritrea and Ethiopia to the east, South Sudan to the south, the Central African Republic to the...
's Melut Basin
Melut Basin
The Melut Basin is a rift basin in South Sudan. It is situated in the states of Upper Nile and Jonglei, south of the capital Khartoum and east of the river Nile. The Basin contains several hydrocarbon accumulations, although oil exploration, as elsewhere in Sudan, has been hindered by conflict...
. The joint venture is 55% owned by Ranhill. The company sees the contract as an opportunity to expand its EPCC work.
Group Structure
- Engineering & Construction
- Energy
- Water — Ranhill Utilities Berhad
- Infrastructure