Subscribe to FDD

Ranhill Berhad

Malaysia

 

 

 

 

 

According to Ranhill Berhad's 2009 Annual Report, the company generated over RM 51 million (approximately $15.9 million) in revenue from Iran in FY 2009, up from over RM 8.5 million (approximately $2.6 million) in FY 2008. The company also had over RM 18 million (approximately $5.6 million) in assets in Iran in FY 2009. According to the 2009 Annual Report, Ranhill Berhad's activities in Iran were "mainly engineering services activities." (Annual Report, 2009)

Date: August 2005 – Unclear

Deal: According to a Malaysian news agency, in August 2005, Ranhill Berhad subsidiary Ranhill Power Bhd was close to securing a contract with the Iranian government to build a $500 million power plant in Iran. The report states that "the 650 megawatt power station will be built via a joint venture with a German firm" (Business Times, August 31, 2005).

Date: 2006

Deal: According to the British firm Alcedo Consulting's company website, Ranhill Worley, a joint venture of Ranhill Berhad and Australian firm Worley Engineering, served on behalf of the National Iranian Oil Company and the Petroiran Development Company (PEDCO) as a contractor on a project at the Salman Offshore Facility in Iran (Alcedo Consulting Website, accessed July 12, 2010) A picture found in the introductory materials to Ranhill Berhad's 2006 Annual Report indicates that the company was involved in engineering, procurement, and construction (EPC) and engineering, procurement, construction, and management (EPCM) at the Salman Offshore Facilities in Iran (Ranhill Berhad Annual Report, 2006).

Date: February 2008 - Unclear

Deal: According to the New Straits Times, Ranhill WorleyParsons, a joint venture between a subsidiary of Ranhill Bhd and Australian firm Worley Engineering, won a $17 million "engineering contract for the South Pars gas development project in the Persian Gulf." The CEO of Ranhill WorleyParsons, Roni Adrian, said that "the contract is for detailed engineering for wellhead drilling platform and gas processing facilities that will allow a gas production of two billion cubic feet per day." Adrian did not announce the name of the company awarding the contract, stating only that it "is from a major Middle Eastern group involved in oil and gas businesses." (New Straits Times, February 25, 2008)

U.S. Business Ties: According to USASpending.gov, Ranhill Berhad has not received any U.S. government contracts (USASpending.gov, accessed August 13, 2014). Additionally, the company does not appear to have any business interests in the United States.

Last Updated: August 13, 2014