REG-Kentz Corp Ltd Re Contract
Released: 13/02/2009

com:20090213:RnsM2527N
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RNS Number : 2527N  
  
Kentz Corporation Ltd  
  
13 February 2009  
  
 Kentz Group awarded large engineering project in Saudi Arabia  
  
February 13, 2009 - 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 131,361,500 (approximately US$35 million) for engineering and 
consultancy services on the development of approximately 1,000 hectares of land 
to the north of Jubail 2.    
  
The award was made by the Royal Commission for Jubail and Yanbu under Contract 
No. 027-T15.  The work will commence later this month and the contract duration 
is five years.  This is the second contract that has been awarded to the KEIL 
and RGC partnership in the past four months.   
  
The new mandate, which will take 844,700 man-hours of engineering and design to 
execute, includes the provision of studies and assessments for the necessary 
engineering design of:  
  
 
 * Urban planning 
 * Design site development for Mutrafiah, Jalmudah and Regga 
 * Infrastructure; landscaping, schools, universities, sports facilities, 
community buildings, clinics, power systems.  
  
The previous contract covered mechanical, electrical and telecom systems, power 
(high and low voltage) and fuel and feedstock systems along with roads and 
material handling. Jubail 2 covers an area of 8,000 hectares and, with the 
addition of a further 1,000 hectares, it will accommodate major primary and 
secondary petrochemical industries as well as community housing and housing 
infrastructure.  On its 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 to be awarded 
another prestigious contact from the Royal Commission, which reinforces the 
strength of our partnership with Radicon-Gulf. It is exciting to be at the 
forefront of the next generation of projects in Jubail and we look forward to 
contributing to its successful completion."   
  
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  
  
Rob Greening  
  
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: Specialist Engineering, Procurement and Construction (EPC); 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 
andCanada); 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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