REG-Kentz Corp Ltd Re Contract
Released: 11/12/2008

com:20081211:RnsK8998J
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RNS Number : 8998J  
  
Kentz Corporation Ltd  
  
11 December 2008  
  
Kentz Group awarded large engineering project in Saudi Arabia  
  
Kentz Group, through its operating unit Kentz Engineering International Limited 
("KEIL") and partner Radicon-Gulf Consult ("RGC"), is delighted to announce that 
it has been awarded a contract worth in excess of Saudi Riyals 100 million 
(US$26 million) for engineering and consultancy services on the development of 
approximately 2,000 hectares (ha) of land to the west of Jubail 2, commonly 
known as Jubail 2 Stage 4. The award was made by the Royal Commission for Jubail 
and Yanbu. The work will commence in early December 2008 and the contract 
duration is three years.  
  
The work to be performed by KEIL and RGC includes the provision of studies and 
assessments for the necessary engineering design of:  
  
 
 * Infrastructure works (civil and structural); 
 * Roads; 
 * Material handling systems; 
 * Mechanical,electrical and telecom systemspower ( high and lowvoltage); 
 * Fuel and feedstock systems.  
  
 
The mandate also includes procurement support and on-site construction support.  
  
Jubail 2 covers an area of 5,500 ha and, with the addition of a further 2,000 
ha, will accommodate major primary and secondary petrochemical industries.  On 
completion, Jubail Industrial City will be one of the largest of its kind in the 
world.  
  
Dr. Hugh O'Donnell, CEO of Kentz Group, said: "We are delighted that the Royal 
Commission of Jubail has chosen Kentz to assist them in the development of 
Jubail 2. We look forward to working with RGC and contributing to the success of 
this project."  
  
Ends  
  
For further information please contact:  
  
Evolution Securities Limited (Nomad)           
  
Tel: +44 (0)20 7071 4300  
  
Rob Collins  
  
Tim Redfern  
  
Powerscourt (Financial PR advisors)      
  
Tel: +44 (0)20 7250 1446  
  
Elizabeth Rous  
  
  About Kentz  
  
Kentz listed on AIM on 5 February 2008, raising a total of £66.7m (US$ 131.8m) 
before costs for the Company and its selling shareholders. The Kentz Group 
provides a wide range of engineering and construction services, principally in 
the oil services sector. Our core clients include international oil companies, 
national oil companies and leading engineering and project management companies 
with projects in over 20 countries. Kentz business lines are divided into three 
areas, providing specialist engineering, procurement and construction (EPC) 
services, construction and technical support services.  
  
Kentz currently has in excess of 10,000 employees worldwide delivering projects 
for our core clients in the Middle East, Southern Africa, Australia, Far East 
Russia, the Caribbean, South East Asia, USA, Canada and Europe. For operational 
purposes the Group divides its operational management centres into four 
regions:  
  
 
 * Middle East; 
 * Africa; 
 * Arctic Region and New Areas (containing FSU/Russia, the Caspian region and 
Canada); and 
 * Australasia, Europe and the Caribbean.  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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