Kentz signs three long-term EPC framework agreements in Southern Africa


Kentz signs three long-term EPC framework agreements in Southern Africa


London, 8 August 2013 - Kentz Corporation Limited (LSE: KENZ), the holding company of the Kentz engineering and construction group, is pleased to announce the recent signing by its Engineering, Procurement, and Construction (EPC) Business Unit of three long-term framework agreements with blue-chip international companies.

The contracts include two EPCm (EPC management) services agreements with an international oil major to provide engineering solutions on a task order basis. In addition, the award of an EPCm services contract for a Southern African Power Utility, where Kentz will provide engineering solutions on a task order basis.   

Tush Doshi, Chief Operating Officer, EPC for Kentz commented: "The initiatives we have put in place to strengthen and broaden our EPC capabilities have shown considerable promise as they begin to bed in, and we are delighted to see further wins for our EPC division in Africa. Framework agreements allow for the provision of services as required and on an immediate basis, rather than through submitting tenders for individual elements as they are required."

Carl Dyer, Regional Managing Director, Africa of Kentz commented: "These three awards further demonstrate Kentz's strength in the African region and our commitment to Southern Africa. It is particularly pleasing to be able to announce such awards right on the back of key wins on both the Nacala project in Mozambique with Vale, and the New Multi-Product Pipeline (NMPP) project in South Africa with Transnet."


Ends


For further information see the Kentz website www.kentz.com or contact:

Kentz Corporation Limited
Investors: Ronan Tyrrell
Media: Paul Youens
+44 (0)20 3159 4000
investors@kentz.com


Tavistock Communications
+44 (0)207 920 3150
Mike Bartlett
Simon Hudson
Emily Fenton

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 London Stock Exchange (symbol: KENZ). In the year ending December 2012, the company generated revenues of US$1.56 billion and profit before tax of US$104.8 million.

Kentz has over 14,500 employees in 30 countries. Its three main business lines are; 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.

 

 

 

 

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