com:20091014:RnsN7365A
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RNS Number : 7365A  
  
Kentz Corporation Ltd  
  
14 October 2009  
  
More contract success for Kentz in Western Australia  
  
London, 14 October 2009 - Kentz Corporation Limited (LSE: KENZ), the holding 
company of the Kentz engineering and construction group, through its Australian 
joint venture operating company Thiess Kentz Pty Ltd., has been awarded two 
contracts with a combined value of around AUD $109 million in Western Australia. 
  
  
The value attributable to Kentz is 50 per cent of the JV.    
  
Pluto  
  
The first contract is on the LNG processing site at Woodside Petroleum's Pluto 
LNG Project. The scope of work involves the installation and testing of high 
voltage cabling, switchboards, transformers, UPS systems, instrument control 
system cabinets, motor control stations, field panels, lighting and small power, 
trace heating, process instrumentation, fire and gas detection and protection 
devices, above ground cabling, earthing and bonding, as well as the recovery and 
termination of cables installed underground. The work will be carried out on 
pre-assembled units and pre-assembled pipe racks. 
  
  
The contract is worth AUD $86 million and will run for approximately 10 months, 
starting in October 2009. It will require a total workforce of 300, of which 65 
will be made up of management and support staff.   
  
Gorgon   
  
The second contract is with Thiess Pty Ltd. on the Gorgon Project site for the 
electrical works that will be used in the preparation of the site and its 
temporary construction facilities. The scope of work includes the installation 
of over 100km of high voltage and low voltage cabling, diesel generators, 
packaged substations, ring main units, lighting and general earthing throughout 
the site.   
  
The contract is worth approximately AUD $23 million, and the work is scheduled 
to commence in the first half of 2010, with a planned completion date in the 
second half of 2011. The contract follows on from Kentz's previous awards to 
build the construction village (AUD $500 million) and supply the 
telecommunications (AUD $150 million) on Barrow Island.  
  
Dr. Hugh O'Donnell, chief executive of Kentz, said: "We are delighted to be 
playing such a significant role in these two high profile LNG projects. The 
awards underline the enormous potential that we see for the Australasian LNG 
market, as well as Kentz's ability to operate successfully in this sector and 
this geography."  
  
Kentz has been working on projects in Western Australia for more than 20 years, 
supplying services to most of the major oil and gas developments. It currently 
employs approximately 200 Australian staff, through its construction arm Thiess 
Kentz, on a number of projects across Australia.   
  
  For more information please contact:   
  
Evolution Securities Limited (Nomad and Broker)       
  
Tel: +44 (0)20 7071 4300  
  
Rob Collins  
  
Chris Sim  
  
Tim Redfern  
  
Powerscourt (PR advisors)              
  
Tel: +44 (0)20 7250 1446  
  
Elizabeth Rous  
  
Rob Greening  
  
About Pluto  
  
Woodside Petroleum's Pluto LNG Project is a "Greenfield" project consisting of a 
4.3mtpa LNG plant on the Burrup Peninsula, about 1400km north of Perth. It will 
receive gas from wells in the Pluto gas field, which is approximately 180km away 
from the onshore facility. The Pluto gas plant is located adjacent to (but 
independent of) the existing North West Shelf Venture gas plant.  
  
About Gorgon  
  
The Gorgon Project is a joint venture between the Australian subsidiaries of 
Chevron (Operator), ExxonMobil and Shell, to develop the Greater Gorgon gas 
fields, located between 130km and 200km off the north-west coast of Western 
Australia. The Greater Gorgon gas fields contain resources of about 40 trillion 
cubic feet of gas, Australia's largest-known gas resource.   
  
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 26 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  
  
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