MONTREAL, March 1, 2016 /CNW Telbec/ - SNC-Lavalin (TSX:
SNC) is pleased to announce that it has been awarded a significant
oil and gas contract in the Middle
East with an approximate value of $800 million.
The contract further cements SNC-Lavalin's position in the
Middle East. The project will
involve developing the infrastructure and processing facilities for
a gas field, with SNC-Lavalin's lump sum turnkey engineering,
procurement and construction (EPC) scope on the project including
connecting gas producing wells into the main processing plant.
"A substantial award such as this shows our continued focus on
our clients and the resilience of our business model, despite the
ongoing pressures in the industry," said Christian Brown, President, Oil & Gas,
SNC-Lavalin. "We are very pleased to grow our project portfolio
with this key client and are excited to be combining resources from
Valerus, our gas handling and processing experts, with our strong
engineering team to deliver this project."
For over 50 years, SNC-Lavalin has been successfully delivering
projects in the Middle East across
a variety of industry sectors, including infrastructure, oil and
gas, mining and power. With close to 25 percent of its global
workforce based in the Middle
East, SNC-Lavalin's broad presence in this key growth region
allows the company to deliver sustainable, customized and
high-quality project solutions to its local clients.
About SNC-Lavalin
Founded in 1911,
SNC-Lavalin is one of the leading engineering and construction
groups in the world and a major player in the ownership of
infrastructure. From offices in over 50 countries, SNC-Lavalin's
employees are proud to build what matters. Our teams provide
Engineering, Procurement and Construction (EPC) and Engineering,
Procurement, Construction and Management (EPCM) services to clients
in a variety of industry sectors, including oil and gas, mining and
metallurgy, infrastructure and power. SNC-Lavalin can also combine
these services with its financing and operations and maintenance
capabilities to provide complete end-to-end project
solutions.www.snclavalin.com
SOURCE SNC-Lavalin