Kentz Corporation, the Irish engineering and construction group, said it had won a contract to design and build the construction camp for a liquid natural gas plant in Papua New Guinea (PNG).
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 6.6m tonnes per year.
The contract was awarded by Chicago Bridge and Iron and Clough. The plant will be operated by Esso Highlands, a subsidiary of Exxon Mobile.
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Kentz chief executive Hugh O'Donnell, said he was delighted by the win.
"We look forward to being part of a successful project completion in the region," he said.
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Is there an ISA boost on the way?
Jeremy Hunt is reportedly planning large-scale ISA reforms, which include merging cash and stocks and shares products, and introducing an ISA for UK investments. We have all the details.
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Government considering cuts to inheritance tax, reports say
The Sunday Times reported government officials are considering cuts to inheritance tax ahead of the general election.
