Engineering and construction business company Kentz Corporation Ltd (KENZ.L) Thursday said it has been awarded a Commissioning Agreement with Imperial Oil Resources Ventures Limited for services in the Athabasca oil sands in northern Alberta, Canada. The company, not disclosing the financial details said, the contract value is significant to Kentz and will run until 2016.
The agreement comprises providing management and discipline specialists to support electrical, instrumentation, mechanical, systems completions and start-up assistance and will be executed through Kentz's Technical Support Services business unit, said the company.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.