Kentz Corporation Limited is pleased to announce that Valerus, its oil and gas handling company in the US, has been awarded a contract from Cardón IV to provide engineering and procurement of a simplified early production plant in Punto Fijo, Venezuela.

This US$38m contract award follows the previously announced award in November 2013 for engineering, procurement and construction of a gas conditioning and condensate stabilisation facility, also in Venezuela. Engineering, procurement and construction for the early production plant in Punto Fijo will enable first gas from the Perla field in Venezuela.

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