RNS Number : 5227Y
Kentz Corporation Ltd
04 September 2009
 


Kentz wins Qatar Petroleum contract 


London, Friday 4 September 2009 - Kentz Corporation Limited (LSE: 
KENZ), the holding company of the Kentz engineering and construction 
group, through its operating unit Qatar Kentz WLL is pleased to 
announce that it has been awarded an engineering, procurement and 
construction (EPC) contract worth in excess of US$15 million by Qatar 
Petroleum (QP). 



The contract is to replace two existing glycol regeneration trains at 
QP's Fahahil Stripping Plant in Dukhan, Qatar. The glycol regeneration 
trains recover rich glycol from the gas stream for re-use and comprise 
of heat exchangers, separators, regenerators, filters, compressors, 
pumps, condensers, make-up drums and a water knock-out drum.



The scope of the project includes the associated civil, structural, 
piping, electrical and instrumentation, fire and gas and loss 
prevention works in addition to modifications to the existing plant. 
This project includes the engineering and detailed design, 
procurement, construction, pre-commissioning and commissioning. It is 
expected to take 22 months with a scheduled completion date of June 
2011.



Kentz was awarded its first project with Qatar Petroleum in 1997. 
Since then Kentz has executed numerous EPC projects on QP's assets in 
Dukhan, Mesaieed and Halul Island. Kentz's most recent work with QP 
was on the facilities for intelligent pigging at the PS2 and PS3 
offshore platforms on an EPC basis. It was successfully completed 
earlier this year. 



Kentz is also currently working on the design, procurement and 
construction of the electrical systems for the groundbreaking Sidra 
Medical and Research Centre in Doha which is project managed by Qatar 
Petroleum.



Dr. Hugh O'Donnell, CEO of Kentz Group, said: 'We are delighted to be 
awarded another prestigious contract with Qatar Petroleum, which 
enables us to continue our long and successful relationship well into 
the future'.  




Ends


For further information please contact:


Evolution Securities Limited (Nomad and Broker)         

Tel: +44 (0)20 7071 4300

Rob Collins

Chris Sim

Tim Redfern


Powerscourt (Financial PR advisors)    

Tel: +44 (0)20 7250 1446

Elizabeth Rous

Rob Greening



About Kentz


Kentz is a global engineering contractor, 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.



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