Dubai-based Kentech to buy SNC-Lavalin’s oil and gas business ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
Dubai-based Kentech to buy SNC-Lavalin’s oil and gas business
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 10
Kentech Group, the Dubai-based specialist services and solutions firm for the energy sector, has announced that it has entered into a definitive agreement to acquire the oil and gas business of the Toronto-listed SNC-Lavalin Group. In a statement, Kentech said that completion is anticipated in the first half of 2021, subject to regulatory approvals and satisfaction of customary closing conditions. A privately-owned specialist services and solutions firm for the energy industry, Kentech operates in three key areas: engineering and projects; commissioning and start up services; and turnaround, maintenance and modifications. The company is backed by the global energy investment firm, Blue Water

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