Suggestions
News & Insights
No results found
11 Sept 2023

Kent reports over $900 million in new contracts in H1 2023

H1 banner
  • Kent has had a fantastic first half of 2023, bringing over $900 million in new contracts to the business.
  • Kent provides engineering and project management solutions to various clients across key global energy markets covering oil and gas, carbon capture, utilisation and storage (CCUS), decarbonisation, offshore wind and hydrogen (H2) technologies.
  • Chief Business Development Officer Simon Lyons says: We are very pleased with our results and have an exciting pipeline forecast for the rest of the year that will allow us to exceed our entire yearly business development target during Q3 2023. The numbers prove that we are strengthening our reputation for project solutions and innovation with our clients from engineering through to project completion. We support and stand by our clients to truly get under the skin of their individual needs and objectives, through agility, responsiveness and out-of-the-box thinking. We are a confident group of over 13,000 professionals and our quality of service and skillset is second-to-none.”

Kent, a global leader in integrated energy services, has had an excellent first half of 2023, announcing some key international project wins, bringing over $900 million in new contracts to the business, including growth on existing contracts.

The company’s H1 awards soared to over $900 million, putting it on track to surpass last year’s record-breaking order book. Kent attributed its success to increasing activity in key geographical markets and across the energy transition spectrum. Some of the highlights include:-

  • New market expansion into Brunei in a newly established joint venture - Serikandi Kent Energy Solutions - with two contract awards for major International Energy Companies (IECs).
  • A five-year engineering and procurement services agreement in Canada.
  • Several sizable Project Management Consultancy (PMC) contracts from an existing framework agreement with a major national energy company in the Middle East.
  • Multiple commissioning contract awards in various locations including chemical facilities in Canada, China and Turkey and a major LNG regasification plant and pipeline in the US Gulf Coast.
  • A FEED and detailed design contracts in the UK offshore wind market for bp’s Morgan & Mona, and bp and EnBW’s Morven Offshore Wind Project.
  • A FEED contract for ExxonMobil’s large-scale plastic waste advanced recycling program.
  • A FEED contract for Grenian Hydrogen’s six green hydrogen production sites.
  • Solid natural growth from long-term framework agreements with IECs in both Kazakhstan and Canada.
  • Award of over 20 new long-term framework agreements for consulting, engineering, PMC, and construction services globally with both regional and international energy companies.

Chief Business Development Officer Simon Lyons said:

“We are very pleased with our results and have an exciting pipeline forecast for the rest of the year that will allow us to exceed our entire yearly business development target during Q3 2023. The numbers prove that we are strengthening our reputation for project solutions and innovation with our clients from engineering through to project completion. We support and stand by our clients to truly get under the skin of their individual needs and objectives through agility, responsiveness and out-of-the-box thinking.    

We are a confident group of over 13,000 professionals and our quality of service and skillset is second-to-none.”
Related Blogs

You might also like

PR Five Estuaries Offshore Wind Farm Web Thumbnail
Press Releases & Featured Stories
Kent Secures Contract for Concept Design of Offshore Substation for Five Estuaries Offshore Wind Farm
Kent secures contract with RWE Renewables UK for concept design of offshore substation for Five Estuaries Offshore Wind Farm
Thumbnails 6
Press Releases & Featured Stories
Kent Expands Strategic Presence in Houston, Signalling Commitment to the U.S. Market
Kent's USA expansion solidifies it's commitment to the market
Thumbnail Oil amp Gas Middle East 25 EPC contractors 2024 web thumb
Press Releases & Featured Stories
Kent Secures Top Spot in Oil & Gas Middle East 2024 Rankings
Kent ranks 6th in the top 25 EPC contractors list 2024
PR Energy Institute Web Thumbnail
Press Releases & Featured Stories
Kent to develop decarbonisation economics guidelines for upstream oil & gas sector on behalf of the Energy Institute
Helping industry professionals understand carbon costs and adopt metrics for effective GHG reduction.
Shell PR thumbnail
Press Releases & Featured Stories
Kent Secures 3 -Year Global Commissioning Enterprise Framework Agreement with Shell
Implementing our best-in-class commissioning services
TL Shannon Flores Web Thumbnail
Press Releases & Featured Stories
Precision Redefined: Laser Scanning for Brownfield Sites
New Kent laser scanning technology is transforming brownfield sites
PR H1 2024 Web Thumbnail
Press Releases & Featured Stories
Kent reports over $1 billion in new contracts for H1 2024
A substantial success in regions all over the world
Cerianne Cummings Web Thumbnail
Press Releases & Featured Stories
Winds of Change: Industry Leaders Propel Renewables Forward
Cerianne Cummings speaks to Energy Digital about the rapid growth & evolving challenges of the offshore wind sector
TL Hart Energy Web Thumbnail
Press Releases & Featured Stories
Basket of Energies: Transition Needs Diversified Carbon Capture Solutions
Tom Ayers and Ron Duguid share decarbonisation insights with Hart Energy
Craft 3
the energy within.
Contact

By using our website you consent to all cookies in accordance with our Privacy Policy.

×