Kent Secures US$550 Million Worth of New Projects Since January

Kent, a global leader in integrated energy services, has had a positive start to 2022 with some strategic project wins across the globe adding a total of over US$550 million to the company’s backlog.

Some of the key project awards include: -

• The construction, construction management and commissioning of a large upgrade project in the UK.
• A significant E&I construction contract on an LNG project in Canada.
• A PMC contract from an existing framework agreement with a major energy company in the Middle East.
• Several new FEED awards along with a GES contract and 3-year maintenance contract in Qatar for various customers.
• Multiple commissioning contract awards in various locations including chemical facilities in Canada and China and a major LNG regasification plant and pipeline in the US Gulf Coast.
• An engineering contract on a CO₂ capture plant in the UK.
• Solid natural growth from long-term framework agreements with an International Energy Company in both Kazakhstan and Australia
• The design of the first full-scale floating offshore wind turbine platform in the US Atlantic Outer Continental Shelf.
• Multiple Engineering Master service agreements with major IOCs covering Europe and the Americas.

The Kent team continue to be awarded contracts out of existing framework agreements with key clients globally and in particular across the Middle East and U.S.

Simon Lyons, Chief Business Development Officer, said: “We’ve had a great start to the year and these awards are testament to both the expertise within Kent and the long-standing relationships we have with our key clients. We are hearing from clients that the launch of Kent is a breath of fresh air in the industry. We play big in a niche area – large enough with our 12,000 strong global team to offer real expertise and scale – small enough to be unencumbered by the bureaucracy that holds back some of our larger peers.

The backlog for the rest of this year is looking positive, but right now we are concentrating on servicing our clients in the best way we know how.”