<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 8): Ranhill Utilities Bhd’s unit has bagged a RM15 million job for the provision of detailed design engineering services for the Rosmari-Marjoram gas project’s solar power offshore platform, for Sarawak Shell Bhd.</p></div>

<div class=newsTextDataWrapInner><p>The contract was awarded by Malaysia Marine and Heavy Engineering Holdings Bhd (MHB)’s wholly-owned subsidiary on Oct 5, but Ranhill only received the approval from MHB to announce the award on Thursday (Dec 8).</p></div>

<div class=newsTextDataWrapInner><p>The contract was awarded to Perunding Ranhill Worley Sdn Bhd (PRW), 49% owned by Ranhill Worley Sdn Bhd, which in turn is 51% owned by Ranhill Utilities.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Ranhill Utilities said the solar power offshore platform would comprise a topside, a four-legged jacket and piles.</p></div>

<div class=newsTextDataWrapInner><p>Upon completion, the platform will be installed in a water depth of 140 metres within the SK318 area, off the coast of Bintulu.</p></div>

<div class=newsTextDataWrapInner><p>With a design life of 20 years, it will cater for up to 800 million standard cubic feet of gas per day with start-up targeted in 2026 supplying natural gas to the Petronas LNG Complex in Bintulu.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Ranhill Utilities eased half a sen or 1.15% to 43 sen on Thursday, giving the group a market capitalisation of RM557.24 million.</p></div>


Ranhill Utilities Bhd’s unit has bagged a RM15 million job for the provision of detailed design engineering services for the Rosmari-Marjoram gas project’s solar power offshore platform, for Sarawak Shell Bhd.

The contract was awarded by Malaysia Marine and Heavy Engineering Holdings Bhd (MHB)’s wholly-owned subsidiary on Oct 5, but Ranhill only received the approval from MHB to announce the award on Thursday (Dec 8).

Ranhill Utilities’ unit wins RM15m job from MHB

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All school bus owners and operators have been urged to update their drivers’ details from now until Oct 30 to facilitate the disbursement of RM1,000 in special financial assistance.

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Indonesia's stock market is no longer worthy of "emerging market" status, according to MSCI, and the index provider said it intends to cut it from a suite of products tracked by global investors, a major setback that sent money fleeing.

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Malaysia-China cooperation in technical and vocational education and training (TVET) has secured thousands of training opportunities for Malaysians, with the partnership now focusing on developing skilled talent for high-value jobs in emerging technologies.

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Malaysia has proposed establishing a World Technical and Vocational Education and Training (TVET) Council, with China as its permanent host, to strengthen international cooperation in skills and workforce development.

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Malaysia’s economy expanded 5.3% in the third quarter from a a year earlier as growth of the manufacturing and services sectors offset a contraction in mining activities, official flash estimates showed.

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Pasir Gudang in Johor recorded a very unhealthy air pollutant index (API) reading of 207, the highest in the country, while 30 other areas recorded unhealthy readings as of 9am on Friday.

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<p>Oil prices eased on Friday but were heading for weekly gains on the uncertainty over Middle East supplies and a larger-than-expected crude stocks draw in the US.</p>


<p>The European Union (EU) is preparing to create new trade powers that could completely shut off access to its single market as part of a dramatic new push to cut the trade deficit with China.&nbsp;</p>


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<p>A local assembly operation by Chinese carmaker BYD&nbsp;will offer incremental upside to Sime Darby Bhd (KL:SIME) which controls the plant, an analyst said.<br />
&nbsp;</p>


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<p>Malaysia’s economy expanded 5.3% in the third quarter from a a year earlier as growth of the manufacturing and services sectors offset a contraction in mining activities, official flash estimates showed.</p>


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<p>Singapore is looking into companies that may be responsible for forest fires in Indonesia, which have worsened haze conditions in the region, Singapore Prime Minister Lawrence Wong said.</p>


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<p>Pasir Gudang in Johor recorded a very unhealthy air pollutant index (API) reading of 207, the highest in the country, while 30 other areas recorded unhealthy readings as of 9am on Friday.</p>


<p>Westport Holdings Bhd's (KL:WPRTS) earnings are likely to beat consensus in the third quarter, underpinned by stronger throughput and value-added services (VAS), Maybank Investment Bank said in a note on Friday.</p>
