Kent wins framework agreement with BP

Kent wins framework agreement with BP

The Dubai-based contractor will provide commissioning services for BP projects worldwide for a period of five years

UK energy major BP has awarded Dubai-based Kent a five-year framework agreement for the provision of commissioning services for its projects worldwide.

The framework agreement extends to the end of 2028, with the option of a possible extension, Kent said in a statement.

The services will be executed by Kent’s Carbon Capture & Storage Centre of Excellence and regional operations.

“Under the agreement, Kent’s specialists will be fully integrated within BP’s commissioning and completions management team, ensuring a standardised approach across all projects and business units globally,” it added.

Kent is now fully-owned by Saudi Arabia’s Nesma & Partners, which, in turn, is owned by four shareholders: Nesma Contracting, Alturki Holding, Rawabi Holding and Saudi Arabia’s sovereign wealth vehicle, the Public Investment Fund.

The transaction for the full acquisition of Kent, which was announced in August and completed in late January, took place between Nesma & Partners and London-based energy investment firm Bluewater – the majority stakeholder in Kent – and its other shareholders.

Prior to this contract win from BP, Kent recently won a contract from SAF One to carry out a technology licensing review for its first synthetic