Kentz awarded TSS contract for the Qatargas Laffan Refinery in Qatar

abarrelfullabarrelfull wrote on 09 Oct 2013 23:06
Tags: engineering kentz m-east qatar qatargas refinery

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Kentz Corporation Limited (LSE: KENZ), the holding company of the Kentz engineering and construction group, is pleased to announce the award of a Manpower Services contract for the Qatargas Laffan Refinery Phase 2 Project (LR2) in Qatar.

Through the operating entity of Qatar Kentz W.L.L, this contract continues Kentz's existing working relationship with Qatargas, in supporting the management of this project over the next three years. This contract will be executed though the TSS business unit.

This expansion project will process an additional 146,000 barrels a day (b/d) of condensate recovered from the one of the world's largest non-associated gas fields, the North Field. The second phase of the Ras Laffan project will double the capacity of the current refinery.

The Laffan Refinery 1 (LR1) currently produces 61,000 b/d of naphtha, 52,000 b/d of jet fuel, 24,000 b/d of gasoil and 9,000 b/d of liquid petroleum gas (LPG). Qatar Petroleum is the leading shareholder of the LR1 with a holding of 51 per cent. The remaining shares are spread between several international companies with the US' ExxonMobil, France's Total, Japan's Idemitsu and Cosmo each holding 10 per cent stakes and with two other Japanese companies, Mitsui and Marubeni retaining 4.5 per cent each.

Shane Dooley-Cullinane, Regional Managing Director, Middle East, for Kentz commented: "We are pleased to build further on our relationship with Qatargas and to be awarded additional work on the Laffan Refinery project. This year has seen a number of strategic changes made to our Middle East and engineering businesses, as we implement our 2013 and Beyond strategy, and it is excellent to see a growing volume of awards within the region."

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