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  • Kentz awarded a USD125m 5 year contract in Kuwait by Fluor
    édité le 23/04/2014 - Plus de news de "Kentz" - Voir la fiche entreprise de "Kentz"


Kentz awarded a USD125m 5 year contract in Kuwait by Fluor
Kentz Corporation Limited, the holding company of the Kentz engineering and construction group, is pleased to announce the award of a major five-year cost reimbursable contract by Fluor Kuwait Company, with an estimated value of US$125m.

Under the terms of the contract, Kentz will supply multi-discipline technical and supervisory personnel on a reimbursable basis to meet Fluor's supplementary manpower requirements on Fluor's Consultancy Services in Project Management and Related Activities contract for Kuwait Oil Company. The reimbursable contract will be executed through Kentz's Engineering and Projects business unit.

Tush Doshi, Group President, Engineering and Projects business unit for Kentz commented: "We are very pleased to have been awarded this major contract that once again demonstrates our ability to win repeat business with core clients. Our focus on client delivery continues to see long-term benefits for the Group and we are delighted to be continuing our long standing relationship with Fluor in Kuwait, a region where we have served the needs of capital projects since the early 1980s."

About Kentz

Kentz (LSE: KENZ) 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 London Stock Exchange (symbol: KENZ). In the year ending December 2013, the company generated revenues of US$1.66 billion and profit before tax of US$118.0 million and diluted EPS of 68.07 US cents.

Kentz has over 14,500 employees in 36 countries. Its three main business lines are; Engineering and Projects, Construction, and Technical Support Services (TSS). 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.

About Fluor Corporation

For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered with its clients to design, build and maintain many of the world's most challenging and complex capital projects. Through its global network of offices on six continents, more than 41,000 employees provide comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, fabrication, operations, maintenance and project management. Today, the company serves a global client base in the energy, chemicals, government, industrial, infrastructure, operations & maintenance, manufacturing & life sciences, mining, power and transportation sectors. Headquartered in Irving, Texas, Fluor ranks 110 on the FORTUNE 500 list and had revenue of $27.6 billion in 2012.


Origine : Communiqué Kentz

Voir la fiche entreprise de "Kentz"



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