Kentz Corp Ltd. awarded Papua New Guinea LNG Contract

Kentz awarded Papua New Guinea Contract

London, Tuesday 27 July 2010 - Kentz Corporation Limited, the holding company of the Kentz Engineering and Construction Group, confirms that it has entered into a contract with Chicago Bridge and Iron (CB&I) and Clough to design and build the construction camp for the Papua New Guinea (PNG) LNG Project's Hides Gas Conditioning Plant.

The PNG LNG project is an integrated development that includes gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities with the capacity of 6.6million tonnes per year.


Participating interests include affiliates of ExxonMobil (including Esso Highlands Limited as operator, 33.2 percent), Oil Search Limited (29.0 per cent) Independent Public Business Corporation (PNG Government, 16.6 per cent), Santos Limited (13.5 per cent), Nippon Oil Exploration (4.7 per cent), Mineral Resources Development Company (PNG landowners, 2.8 per cent) and Petromin PNG Holdings Limited (0.2 per cent).


Ends


For more information please contact

Kentz Corporation Limited
+44 (0)20 3159 4000
Elizabeth Rous
Catrona Nugent

Evolution Securities Limited (Nomad and Broker)
Tel: +44 (0)20 7071 4300
Rob Collins
Chris Sim
Tim Redfern


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 2009, the company generated revenues of $704.7 million and profit before tax of $44.5 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

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