REG-Kentz Corp Ltd Re Contract
Released: 27/05/2009
com:20090527:Rnsa8422S
.
RNS Number : 8422S
Kentz Corporation Ltd
27 May 2009
Kentz wins Qatargas contract
London 27 May 2009 - Kentz Group, through its operating unit Qatar Kentz WLL, is
delighted to announce that it has been awarded a multi-million dollar contract
by Qatargas Operating Company Limited. The project includes the electrical,
instrumentation and telecommunications work on the new Phase 6, liquefied
natural gas (LNG) storage and loading facility in Ras Laffan Industrial City
(RLIC) located on the Northeast coast of Qatar.
The scope of Kentz's work includes the supply of materials, erection, testing
and pre-commissioning of the following systems:
Electrical
Power distribution, substation works, electrical integrated control system,
lighting, earthing, UPS System and electrical heat tracing.
Instrumentation
Field instrumentation, instrument pipe and tubing, cabling, control room
equipment, analyzer and sampling system, machine monitoring and the fire and gas
systems.
Telecommunications
VHF and UHF radio, telephone, ship-to-shore hotline and CCTV.
Once installed and tested these will be integrated into existing systems in the
operating area. Kentz's work will commence immediately with the construction
phase of the project scheduled for completion in December 2009.
Dr. Hugh O'Donnell, CEO of Kentz Group, said: "We are delighted to be awarded
another prestigious contract from Qatargas. I believe this award reinforces
Kentz's position as a leading contractor in the rapidly expanding Ras Laffan
area and continues our long and successful relationship with Qatar Petroleum and
its subsidiaries."
Qatargas Operating Company Limited is a subsidiary of Qatar Petroleum, the
National oil company of Qatar. Qatargas Operating Company Limited has also
appointed Fluor Mideast Limited as the project management company for the
development.
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 is a global engineering specialist solutions provider, which serves a blue
chip client base primarily in the oil and gas, petrochemical and mining and
metals sectors. It is listed on the AIM market of the London Stock Exchange
(symbol: KENZ). In the year ending December 2008, the company generated revenues
of $643.4 million and profit before tax of $40.7 million.
Kentz has over 10,000 employees in 23 countries. Its three main business lines
are; specialist engineering, procurement and construction (EPC) services,
construction, and technical support services. It has a proven track record of
delivering mechanical, electrical, controls and instrumentation engineering,
construction and management services in some of the most remote locations on
earth.
Kentz was recently awarded the 2008 AIM Award for Best Newcomer.
Please find further information on the Kentz website www.kentz.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTQQLFLKEBLBBZ