Kentz Corporation Limited has been awarded three individual service contracts worth a total of US$55mn on oil and gas facilities in Iraq
The company will work on both new and existing upstream facilities in the Basra and Baghdad areas and will provide project management, front end engineering, procurement and installation supervision support services.
Kentz will carry out the contracts through its Technical Support Services business unit and will draw on resources from its offices in Basra, Abu Dhabi, Dubai and Saudi Arabia.
Mike Murphy, chief operating officer of Technical Support Services for Kentz, said, "We are delighted to have been awarded a succession of new contracts in Iraq, which underpin our continued focus on the Middle East region and the opportunity that we highlighted to the market.
"Iraq has the third largest proven oil reserves in the world and Kentz is well positioned to support key clients through in-country resources and a proven track-record of delivery, backed up by a global supply network of engineering and procurement resources."
The company will oversee the development of in-plant process facilities and infrastructure for the contracts, which will run for between three to four years.
According to Kentz, the completion of the contracts will lead to a combined increase in production capacity of approximately 300 million standard cubic feet of gas and 250,000 bpd of oil.
