Valerus Awarded US$62m Contract To Deliver Two Turnkey Compressor Stations for Crestwood Midstream Partners

Valerus Awarded US$62m Contract To Deliver Two Turnkey Compressor Stations for
                         Crestwood Midstream Partners

PR Newswire

HOUSTON, Jan. 30, 2014

HOUSTON, Jan. 30, 2014 /PRNewswire/ --Valerus (www.valerus.com), a subsidiary
of Kentz Corporation Limited (LSE: KENZ) (www.kentz.com), the holding company
of the Kentz engineering and construction group, is pleased to announce it has
been recently awarded a US$62m contract by Crestwood Midstream Partners LP
(www.crestwoodlp.com) to provide engineering, procurement, construction and
commissioning of two compressor stations.

(Logo: http://photos.prnewswire.com/prnh/20140130/DA55463LOGO)

The stations, both located in Doddridge County, West Virginia, will each have
the capacity to handle 120 million standard cubic feet per day (MMscfd) of gas
from the Marcellus shale upon completion in 2014.

Heath Deneke, President of Crestwood's Natural Gas Business Unit, stated that
"These projects, currently under construction, are essential to our
infrastructure development plans in the very active Marcellus, connecting it
to the market. We look forward to working with Valerus to complete these
stations."

The turnkey compressor stations will together include more than 35,000 hp of
compression; inlet separation and filtration; gas dehydration; power
generation and distribution; and station instrumentation and controls.

According to Steve Gill, Chief Executive Officer of Valerus,  "This contract
is a testament to our demonstrated success in developing comprehensive surface
facility production systems all over the world. We welcome the opportunity to
work with Crestwood to deliver this important project in the prolific
Marcellus and Utica region."

About Valerus
Valerus is a worldwide leader in integrated oil and gas handling and
processing. Products and services include reciprocating compressor packages,
production equipment, gas processing solutions, liquid separation systems and
a variety of professional field services. Its mission is to develop tailored
solutions for its customers by combining the most experienced people with
innovation and quality equipment. Valerus is committed to achieving the
highest standards in health, safety and environmental responsibility.

About Crestwood Midstream Partners LP
Houston, Texas, based Crestwood Midstream (NYSE: CMLP) is a master limited
partnership that owns and operates midstream businesses in multiple
unconventional shale resource plays across the United States. Crestwood
Midstream is engaged in the gathering, processing, treating and compression of
natural gas; transportation and storage of natural gas; transportation,
fractionation, storage, and terminalling of NGLs; and gathering, storage and
terminalling of crude oil. Prior to the merger of Crestwood Midstream Partners
LP into Inergy Midstream, L.P., which was completed on October 7, 2013, the
partnership was named Inergy Midstream, L.P. and was traded on the New York
Stock Exchange under the ticker symbol "NRGM."

For additional information:
Chris Wailes (cwailes@piercom.com)
Pierpont Communications
713.627.2223



SOURCE Valerus

Website: http://www.valerus.com
 
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