KUALA LUMPUR: Ranhill Utilities Bhd’s subsidiary, Ranhill Worley Sdn Bhd has secured a RM210mil (US$50mil) contract from a wholly owned subsidiary of Saipem S.p.A. of Italy.
In a statement, Ranhill said the contract was to perform detailed engineering design for two compression complexes associated with the north field production sustainability (NFPS) offshore compression complexes project.
Ranhill said the engineering design work is expected to be completed by the third quarter of 2024.
The Qatar North Field is the world’s largest natural gas field. The NFPS contract awarded to Saipem encompasses the engineering, procurement, fabrication, and installation of two offshore natural gas compression complexes aimed at sustaining the production of the North Field, including two of the largest fixed steel jacket compression platforms ever built, flare platforms, interconnecting bridges, living quarters and interface modules.
“This award further reinforces Ranhill Worley’s position as a leading provider of engineering and design services of oil and gas facilities in delivering sustainable tomorrow,” chairman and chief executive Tan Sri Hamdan Mohamad said.