Kentz signs new Qatar deal
KENTZ, the Irish engineering company, has signed a $36m (£23.4m) deal with Qatar Petroleum at its remote Halul island facility off the coast of Qatar.
The deal will see Kentz provide Qatar Petroleum with telecoms and security systems for the company’s export and storage oil and gas facility.
Under the contract, Kentz will install CCTV, perimeter intruder detection, public address and general alarm systems at the site within the next two years.
Kentz chief executive Hugh O’Donnell said the project was part of a long line of work the group has done on the Halul island within the last nine years.
Meanwhile, Kentz is to publish its annual results this morning with the group maintaining a positive outlook on the year to come.
O’Donnell said: “We have a very good outlook. Our business is about international diversity and although there are concerns about [the] economy, we are seeing that oil and gas, [especially] long term liquefied natural gas projects, is growing.”