Kentz awarded US$190 million contract with Qatar Petroleum

abarrelfullabarrelfull wrote on 21 Nov 2013 08:30

Kentz Corporation Limited (LSE: KENZ), the holding company of the Kentz engineering and construction group, is pleased to announce the award by Qatar Petroleum (QP) for the engineering, procurement, installation and commissioning for wellhead industrial control systems, alongside corrosion protection, for approximately 775 wells across the Dukhan Oilfield, Qatar.

The contract, valued at US$190 million, builds on Kentz's previous working relationship with QP and will be executed by the Engineering, Procurement and Construction (EPC) Business Unit, running for the duration of three years through to 2016. The peak workforce will consist of 800 staff and field personnel.

Kentz will provide a dedicated Supervisory Control and Data Acquisition (SCADA) network infrastructure to monitor wellheads from designated stations; providing centralised real time and historical wellhead data directly into QP's IT network. Kentz's scope of work also includes the prevention of external corrosion damage to the well casings in the Dukhan field by installing an impressed current cathodic protection system.

Tush Doshi, Chief Operating Officer, EPC Business Unit for Kentz, commented: "Kentz was awarded its first project with QP in 1997 and since then has continued to execute numerous EPC projects, engineering and enhancing QP's assets. We take great pride in this significant award. The past year has seen a huge progression in our engineering offering as we implement our 2013 & Beyond strategy and we are confident of continued strong bidding in EPC."

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