MONTREAL, Dec. 21, 2016 /CNW Telbec/ - SNC-Lavalin (TSX:
SNC) is pleased to announce that its subsidiary, Kentz Canada Ltd.,
through a joint venture with ClearStream was awarded a five-year
agreement with a prominent integrated oil company to provide
engineering and procurement services for maintenance and
sustainment projects in the Athabasca Oil Sands region located in
Alberta, Canada.
"We are pleased to build upon our long-term relationship with
this international client," said Martin
Adler, President, Oil & Gas, SNC-Lavalin. "The award
expands our activities in the Fort
McMurray region, and we will be working together to ensure
we maximize the efficiency for our client of these important
Canadian assets for energy production."
SNC-Lavalin's JV partner, ClearStream Energy, is a publicly
traded company (TSX:CSE) and provides integrated solutions for
construction, fabrication, operations and maintenance. The JV,
Kentz-Clearstream Joint Venture (KCJV), strengthens both companies'
full spectrum offerings in the energy and industrial market.
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, construction, completions and
commissioning services together with a range of sustaining capital
services to clients in four industry sectors: 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