Ranhill Berhad

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Ranhill Berhad
Private
Industry Infrastructure
Construction
Engineering
Energy
Water
Founded 1955
Headquarters Wisma PERKESO, Kuala Lumpur, Malaysia
Key people
Tan Sri Hamdan Mohamad, President/Chief Executive
Revenue IncreaseMYR 1.47 billion (2007)
Number of employees
4,752
Website Ranhill Berhad

Ranhill Berhad (MYX: 5030) is a provider of construction, engineering and infrastructure management services with assets and business activities in the following sectors: Environment, Power, Infrastructure and Petrochemical. Ranhill traces its origins to 1955, when John Rankine and John Hill formed Rankine & Hill in Sydney. Rankine & Hill ventured into Malaysia and opened its office in Kuala Lumpur in 1961. Following that, Ranhill Bersekutu Sdn Bhd was established in 1973 with Rankine & Hill’s Malaysian partners. In 1981, the Company’s Malaysian partners took over the controlling stake in the business, transferring Ranhill Bersekutu to full Malaysian ownership.

Since establishing its presence 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. Ranhill now focueses on the industrial sectors such as oil and gas, power, water and infrastructure.

In 1996 it expanded its services to include construction when the company executed its first turnkey EPC project – the Sri Gading Water Treatment Plant in Johor. In 2001, Ranhill Berhad became a public company and was listed on the Main Board of Bursa Malaysia Securities Berhad. Since its listing, Ranhill has moved into oil and gas production, infrastructure investment, power plant design, power plant engineering, and industrial water treatment.

Ranhill 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 and 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.[1]

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.

Group Structure[edit]

  • Environment
  • Power
  • Infrastructure
  • Petroleum & Chemical
  • Water Services

References[edit]

  1. ^ Ranhill Berhad 2004, 'Ranhill secures major oil & gas contract in Sudan', company website, 8 June. Retrieved on 29 August 2008.