logo
Share SHARE
FONT-SIZE Plus   Neg

Kentz Secures Contract For Syncrude Canada - Quick Facts

Kentz Corp. Ltd. (KENZ.L) said it has been awarded the mechanical, electrical and instrumentation contract for Syncrude's Aurora North Mine Relocation, or AMR, Project, in Fort McMurray, Alberta.

Kentz noted that its contract with Syncrude Canada Ltd. is valued at around C$128 million and is included in the Group's backlog figure of $2.44 billion as of the end of February 2012. The company added that its scope includes planning and executing all structural, mechanical, electrical, piping and instrumentation work associated with this project.

Kentz had chosen KBR Wabi, a subsidiary of KBR, Inc., to execute the mechanical scope of work for the AMR Project. Meanwhile, Kentz will self-perform all electrical and instrumentation work in addition to managing the work as general contractor.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Etihad Airway's Chief Executive Officer James Hogan will leave in the second half this year. Hogan has been with the Abu Dhabi based aviation group since 2006. Chief Financial Officer James Rigney also will depart from service. Seafood lovers must now be prepared to dole out more cash than before for salmon. The price of salmon has surged globally and is now at historic highs amid acute outbreaks of sea lice. According to data from the Nasdaq Salmon Index, the price of salmon has risen by more than 15 percent in the last three months. Health-food restaurant chain Freshii Inc. has increased the price range for its initial public offering in Canada. Freshii has raised the price range for its IPO to C$10 to C$11.50 per share from the prior range of C$8.50 to C$10.0 per share, BNN reported.
comments powered by Disqus
Follow RTT