Malaysian firm gets $211 mln contract for Sudan oilfield expansion
September 27, 2007 (KUALA LUMPUR) — Malaysian builder and engineer Ranhill (RANH.KL) has won contracts worth 720 million ringgit ($210.8 million) for oilfield expansion and upgrades from Sudan’s Petrodar Operating Co, Ranhill said on Thursday.
Petrodar, which operates Sudan’s Dar Blend field, is a consortium comprising China National Petroleum Corp. (CNPC) with a 41 percent stake, Malaysia’s Petronas [PETR.UL] with 40 percent, and state oil firm Sudapet with 8 percent.
China Petroleum & Chemical Corp. (Sinopec) (600028.SS: Quote, Profile, Research) holds 6 percent of Petrodar, while Al Thani Corp., a private company incorporated in the United Arab Emirates, owns 5 percent.
Ranhill said its international unit was part of a consortium that won the contract for the engineering, procurement, construction and commissioning work for PetroDar’s Al-Jabalayn and Palouge processing facilities.
The work involves boosting the liquid handling capacity and water injection facilities at Palouge, and increasing crude processing facilities to 300,000 barrels a day at Al-Jabalayn, the company said in a statement.
- Database Search
- Unpaid Debt A comprehensive overview of the role of the Lundin Consortium in the oil war. ECOS calls upon the Swedish, Austrian and Malaysian governments to investigate whether, as a matter of international law, Lundin, OMV and Petronas 'were complicit in the commission of war crimes and crimes against humanity by others during the period 1997-2003.’ In response, the Swedish Public Prosecutor for International crimes opened a criminal investigation into ‘links between Sweden and the reported crimes’.
- In Depth For more specific information about the Lundin court case please visit the Unpaid Debt dossier.
