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01 Jul 2024

Kent reports over $1 billion in new contracts for H1 2024

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Kent, a leading global provider of engineering and consultancy services, announces that it has secured 1.2 billion USD in new contracts in the first half of 2024. This achievement underscores the company's strong market presence and its continued growth across multiple regions worldwide.

Kent has seen substantial success in regions all over the world. In the UAE, Kent has been awarded multiple Front-End Engineering Design (FEED) and Project Management Consultancy (PMC) contracts. These projects contribute to the Nation’s ambitious initiative to decarbonise operations and achieve a 25% reduction in carbon intensity by 2030. Kent’s work in Saudi Arabia continues to grow, executing scopes under existing long-term framework agreements. Additionally, Kent has been awarded contract extensions with long-term clients in Iraq to continue delivering consultancy and construction management services, as well as new Engineering, Procurement, and Construction Management (EPCM) contracts in the country.

Kent’s commissioning business has seen major wins with global framework agreements, with projects starting across the Americas, Europe, and APAC. In the Asia Pacific region, we continue to expand our remit with key clients, being awarded Engineering, Procurement, and Construction (EPC) contracts following FEED completion.

“We are incredibly proud of the progress and growth we have achieved in the first half of 2024. Securing over $1 billion in new contracts, not including new Framework Agreements, is a testament to the hard work and dedication of our team and the trust our clients place in us,” said Simon Lyons, Chief Business Development Officer at Kent. “Our expansion in Europe and America, along with our success in key regions such as the Middle East and Asia Pacific highlights our commitment to delivering exceptional value and engineering solutions to our clients worldwide.”

In support of its growing operations and to better serve its clients, Kent has expanded its presence in all regions, opening new offices in key locations. Our focus remains on leveraging our expertise to support our clients’ goals and contribute to global initiatives, such as decarbonisation and achieving net-zero.

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