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Ranhill Berhad

Company nameRanhill Berhad
Company typePublic
HeadquartersEmpire Tower, Kuala Lumpur, Malaysia
Key peopleTan Sri Hamdan Mohamad, President/Chief Executive
Revenue(+)MYR 1.47 billion (2007)

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Ranhill Berhad (Myx - 5030) 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.

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