Kentz wins Aussie contract
Engineering and construction group Kentz Corporation, has been awarded the integrated commissioning services contract on the Queensland Curtis project in Queensland, Australia.
Engineering and construction group Kentz Corporation, has been awarded the integrated commissioning services contract on the Queensland Curtis project in Queensland, Australia.
Kentz will provide start-up services for the upstream facilities from 1,200 well sites for QGC, a BG Group business, which is developing coal seam gas for domestic and export markets.
The contract is for an initial 12-month period, with an option to extend for a further two years.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The project's first phase comprises two processing trains with a design life of at least 20 years, which will produce a combined 8.5m tonnes of liquefied natural gas (LNG) a year. First LNG is expected in 2014.
Kentz first commenced operations in Australia in the mid-1980s, executing projects in the oil and gas, petrochemical, mining and industrial sectors.
NR
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Higher rates are disappearing – should you fix your savings?
Fixed savings rates have dropped to their lowest levels in over a year. Should you fix your savings now ahead of a potential base rate cut in November?
By Katie Williams Published
-
Nine million people fall victim to financial scams, says Citizens Advice
The charity says that around one in five people across the UK have been caught out by a finance scam in the past year - here is how to protect your money
By Chris Newlands Published