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8th Aug, 2019  |  General News

Kentech Appoints New Global Service Line Director for TMM

We are delighted to announce the appointment of Phil Johnson as Global Service Line Director for Turnaround, Maintenance & Modifications (TMM).  Phil and the TMM global team have worked tirelessly to complete Kentech’s TMM Value Proposition and are now excited to bring a better, digital approach to asset performance management, something we believe delivers an offering like no others in the marketplace. With a background in electrical engineering and a long career history, the last 7 years of which have involved heading up Kentech’s operations in Asia Pacific, Phil is excited to take on the challenge in this next step of his successful career.  He commented “Kentech is a company made up of long serving employees who genuinely believe in the ability of our core values to generate value for all our stakeholders, with our clients sitting front and centre. The TMM team is extremely strong, and growing every day.  With a highly skilled, digitally enabled workforce, a network of industry experts and an extensive body of knowledge, we can confidently say that we can achieve more for our clients at a lower cost”. Commenting on the developments within the TMM service line, John Gilley, Kentech COO, said “When the TMM Global Director position became available, we ran a process to find a replacement but there was always going to be only one winner.  Having worked with Phil for over 7 years and witnessed the effects he has on projects and regions under his charge, I had little doubt that he would inject the same energy into a Global Service Line.  Phil brings with him a hard but fair attitude and instils a culture of empowerment and respect in every team he has nurtured”. We would like to wish Phil and his team every success for the future in Kentech.

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TAGS: #TMM  #Staff Appointment  

10th Jul, 2019  |  Safety News

Kentech jumps ahead of the curve with ISO 45001 accreditation

We are delighted to announce, we have made the positive move to migrate to the new ISO 45001 for OHS Standard, being one of the first in our industry to achieve the full suite of ISO standards in Quality, OHS and Environment. In a firm demonstration of our commitment to safe, healthy and sustainable project execution, the move to ISO 45001 increases our organisational resilience through proactive risk prevention.  Although Kentech have always operated an Integrated Management System (IMS), this brings the three standards under one global system, strengthening our legal and regulatory compliance. Although launched in 2018, this standard will not become mandatory until 2021.  We recognised early that by migrating to this new standard, it allows us to align and integrate the ISO standards into a holistic management system which is world class.  This system will help us to deliver our ZeroIn promises and is a great demonstration of our K2 mind set of leading not following.

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TAGS: #ISO  #IMS  #Health&Safety  #environmental  #QualityAssurance  

5th Jul, 2019  |  General News

Kentech Group steps up Engine for Growth, partnering with Oracle for a global roll out of ERP Cloud

Kentech Group continues to enable it’s expansion plans by partnering with Oracle and signing a Global ERP Cloud deal.   Kentech is celebrating it’s 25 year anniversary and 100 year heritage with the consolidation and migration of it’s existing on premise ERP solutions to Oracle ERP Cloud.  Kentech Group are rolling out Oracle Financials, Purchasing,  Inventory Management and Sourcing in the first phase, followed by Project Contract Billing, Time and Labour for Projects, and Enterprise Planning and Budgeting. Kentech are a $300M Global Oil and Energy engineering business, rapidly growing with plans to hit $500m in 2021 and $1Bn by 2025.   Kentech recently moved to a new Group Headquarters in Jumeirah Lake Towers, Dubai, UAE.  With approximately 4500 staff, Kentech Group works around the world with National Oil Companies, International Oil Companies, and Engineering, Procurement and Construction companies.   The Oracle Cloud ERP deal is part of Kentech’s Digital Transformation programme.

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TAGS: #Engine for Growth  #Digital Transformation  #Oracle  

3rd Jul, 2019  |  General News

2018 Financial Results Give Second Successive Year of Record Profitability

It is now almost a year since we launched our Engine for Growth (EfG) programme, the delivery mechanism to grow to a $500m business by 2021 and set us on a trajectory to achieve $1b by 2025. Since the announcement of our EfG, we have evolved the business into three best in class services of specialist projects, commissioning and maintenance services to the energy industry. We pride ourselves on our trusted relationships, excellence in delivery and global agility, all delivered through the power of our exceptional people and personal touch. We are now delighted to announce that our year end results for 2018 have given us a second successive year of record profitability. Reported revenue for the year ended 31 December 2018 is $212 million (2017: $234 million). The Group recorded a net profit of $9.3 million (2017: $3.9 million) and adjusted EBITDA, a key metric for the performance of the business, of $17.8 million (2017: $17.6 million). With our strong balance sheet, no net debt and a record pipeline of opportunities, we are beginning to see the results of our strategic intent through the delivery of our EfG. With the proven operational capability and strength in safety performance that we have built through our people and systems, our focus has taken a fundamental shift to be much more externally focused and aligned with our clients, who come to Kentech for the quality of service we provide. Shifting to our service line structure comes with a commitment to our key clients to deliver our best in class services, wherever in the world they need us the most.

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TAGS: #Engine for Growth  #Financials  #Strong Performance  

19th Jun, 2019  |  General News

Kentech Expands China Operations

We believe local content — the added economic and social value brought to a host nation through our execution philosophy — provides shared value to Kentech and to local communities. To integrate local content into overall project planning and execution, we believe in thinking globally and acting locally. As we continue to widen our global presence, we have been taking steps over the last few months to expand our operations in China. Thanks to lots of hard work done by Jason Miao, we have now signed and renewed multiple long term agreements with Chinese local partners to support our China expansion strategy. We will bring you more updates on this over the coming months.

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TAGS: #expansion  #Engine for Growth  #china