Ranhill Worley wins RM210mil engineering design contract


A snapshot of 3D Model of NFPS complexes

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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Ranhill Utilities , Ranhill Worley

   

Next In Business News

Yinson nears deal with investors including Abu Dhabi for US$1bil funding
Xin Hwa subsidiary resumes operations after license suspension
Infomina wins RM13mil order from PCCW Group for tech support services
Ringgit ends easier vs US dollar
Hextar Healthcare disposes of industrial land for RM11.9mil
A1 A.K. Koh Group Bhd eyes ACE Market listing
Guan Chong acquires 25% stake in Ivory Coast firm for RM130mil
Sapura Energy secures second AIP from financiers for restructuring
Bursa Malaysia announces new renewable energy subsector classification
Bursa Malaysia sinks as over 900 stocks fall

Others Also Read