Saudi Maaden joint venture awards $32.7m deal to Kentz

Author: 
ARAB NEWS
Publication Date: 
Sat, 2011-11-12 00:35

Kentz’s scope includes the installation of 30 km of power cable, low voltage and control cables, lighting fixtures, small power distribution system, instrument field devices and control equipment.
The work also includes pre-commissioning testing through to mechanical completion, procurement of electrical and instrumentation equipment and bulk materials.
Maaden Alcoa aluminum joint venture awarded the deal to Kentz Corporation Limited, the holding company of the Kentz Engineering and Construction Group, through its operating unit Saudi Arabian Kentz Co. Ltd.
A company statement said the contract will commence immediately and is scheduled to be complete in November 2013.
It is anticipated to be in the order of 500,000 direct man-hours.
Kentz has been operating in the Kingdom since the late 1970s, executing projects in the oil and gas, petrochemical, mining and industrial sectors.
Hugh O’Donnell, chief executive of Kentz Group, said: “We are delighted to have been awarded this contract by Maaden Alcoa, which builds on Kentz’s core strength in electrical and instrumentation construction.”
He said Kentz has worked in the Middle East for over 35 years and “we take great pride in continuing to deliver safe and successful projects for leading resource clients.”
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.
Alcoa’s Chief Executive Officer Klaus Kleinfeld said recently that the company’s global production costs are likely to come down when the new Saudi Arabian smelter starts up. He said Alcoa expects to profit more from a change in its contract pricing system as global metal demand continues to rise.

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