Pengerang RAPID, progress as 27.05.2017

Petronas is developing a refinery and petrochemical integrated development project, RAPID, and other associated facilities in Pengerang.

Pengerang RAPID, progress as 25.12.2016

Petronas is developing a refinery and petrochemical integrated development project, RAPID, and other associated facilities in Pengerang.

RAPID project over an area of 2,000ha and will produce nine million tonne of petroleum products and 4.5 million tonne of petrochemicals a year.

Milan, 23 November 2015 – Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A., in joint venture with China HuanQiu Contracting & Engineering Corporation (HQC), has been awarded by PRPC Polymers Sdn Bhd (PRPC Polymers) a package of the Refinery and Petrochemical Integrated Development (RAPID) complex relating to the realization of two Polypropylene Units on an EPCC Lump Sum Turn-Key basis.

Petroliam Nasional Bhd’s (Petronas) poor performance and sober prediction for the oil and gas industry next year spell a challenging outlook for the industry players with earnings at risk.

Analysts are underweight on the sector for 2016, with some pointing out that preservation of cashflow would be key as Petronas cuts down on its spending.

WCT Holdings Bhd has been awarded a RM315.6mil contract from Petroliam Nasional Bhd (Petronas) for works in Refinery and Petrochemical Integrated Development (Rapid) in Pengerang Johor.

This was subsequent to the RM341.9mil contract for the provision of package 20C1 that was awarded to the blue-chip conglomerate, also in Rapid, on July 22.

News that Mudajaya Group Bhd has clinched its first contract award this year has boosted its shares, with at least one research house upgrading the stock.

Shares of Mudajaya rose 8 sen, or 7%, to RM1.15. Despite the gain, the counter has lost 20.7% year to date.

Mudajaya Group Bhd has secured a RM489mil contract to construct a workers village and temporary construction facilities for the utilities, interconnecting and off-site (UIO) facilities for Petroliam Nasional Bhd’s (Petronas) Rapid project in Pengerang, Johor.

A consortium of Muhibbah Engineering (M) Bhd and India-listed VA Tech Wabag Ltd has clinched a RM949.6 million Refinery and Petrochemical Integrated Development (Rapid) contract from Petroliam Nasional Bhd (Petronas).
The contract is for the design competition for the re-feed and engineering, procurement, construction and commissioning of an effluent treatment plant for the Rapid project in Pengerang, Johor.

Muhibbah Engineering (M) Bhd has won a RM158.2mil job from Toyo Thai Malaysia Sdn Bhd for works related to the steam cracker complex for Petronas’ US$16bil (RM61.2bil) Refinery And Petrochemicals Integrated Development (Rapid) project In Pengerang, Johor.

Petroliam Nasional Berhad (PETRONAS), Malaysia’s national oil and gas company has selected Axens as a technology provider for PETRONAS’ Refinery and Petrochemicals Integrated Development (RAPID) project located in Pengerang, Johor, Malaysia.

Petroliam Nasional Bhd (Petronas) will rephase some work being planned at the Refinery and Petrochemicals Integrated Development (Rapid) project in Pengerang, Johor, to lower the project’s cost. It is now estimated that Rapid will cost RM89bil to be developed, compared with its original price tag of RM97bil.

Malaysia’s state-owned oil and gas company Petronas is delaying the start-up of its US$16 billion RAPID refining and petrochemical complex in the southern state of Johor until mid-2019, pushing it back from early that year, its top executive said on Monday.

Petroliam Nasional Bhd (Petronas) sees the current lower oil prices as a “good time” for the group’s engineering, procurement and construction contracts in its Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor.

A hotel and commercial area for entrepreneurs utilising compact containers as their structures will make their debut in Pengerang by the end of the year. The joint venture between Perisind Samudra Sdn Bhd and PIJ Holdings Sdn Bhd is part of the upcoming Pengerang Oil and Gas City project.

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is moving on a steady course forward for its colossal project, the Pengerang Integrated Complex (PIC) in Johor, with the recent award of 11 major contracts.

KUALA LUMPUR: Oil and gas services provider TH Heavy Engineering Bhd (TH Heavy) is bidding for jobs in the Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor.

Petroliam Nasional Bhd (Petronas) is ready to start the construction works for the US$16 billion (RM57 billion) Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, following the steel cutting ceremony for Rapid's Steam Cracker Complex (SCC) there on June 15, 2015.

Located within the Pengerang Integrated Complex (PIC), the project is targeted to start refinery operations by first quarter 2019, whereby the project's commercial operations expected by middle of 2019.