Kentz soars on Canada oil win

Shares in Kentz closed up 9.2 per cent at 412.9p yesterday after the engineering group revealed it had won a contract with Canadian oil firm Imperial that analysts have valued at up to $200m. FTSE 250-listed Kentz said it will help Imperial set up an oil sands project in Alberta, northern Canada, over three years. The firm did not put a value on what it said is a significant contract, but VSA Capital said it could be around $200m.