Kentz Enters into Global Framework Engineering Services Agreement with ExxonMobil

 
 
kentz news article

Kentz Enters into Global Framework Engineering Services Agreement with ExxonMobil - 25 January 2010

London 25 January 2010 – Kentz Corporation Limited (LSE: KENZ), the holding company of the Kentz engineering and construction group, is pleased to announce a five year Global Framework Continuing Engineering Service Agreement with ExxonMobil Global Services Company.

The agreement provides a framework for the provision of engineering, design and technical support services to ExxonMobil projects around the world. The agreement falls under Kentz’s Technical Support Services Global Business Unit, through its operating entity Kentz TSS (Global) Limited.

Hugh O’Donnell, chief executive of Kentz, said: “We are delighted to be continuing our relationship with ExxonMobil, and would look forward to potentially working with them on a broad range of projects in numerous different geographies.”

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For further information please contact:

Evolution Securities Limited (Nomad)         

Tel: +44 (0)20 7071 4300

Rob Collins

Tim Redfern

Powerscourt (Financial PR advisors)    

Tel: +44 (0)20 7250 1446

Elizabeth Rous

Rob Greening

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 2008, the company generated revenues of $643.4 million and profit before tax of $40.7 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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