MONTREAL, June 7, 2018 /CNW Telbec/ - SNC-Lavalin (TSX:
SNC) is pleased to announce that it has signed an exclusive
agreement with Project Development & Management International
LLC (PDMI) in Oman, to design and
deliver a greenfield chlor-akali PVC plant 150km southeast of the
Omani capital Muscat.
SNC-Lavalin will support the project long term, from concept
development to commissioning, carrying out the initial engineering,
master planning, process technology evaluation and selection to
support project financial investment decision approvals. The
subsequent Engineering, Procurement and Construction Management
(EPCM) contract is expected in Q1 2019, where SNC-Lavalin will
execute the complete design and delivery, working alongside Omani
contractors to maximise in-country value. SNC-Lavalin will also
support the operations and maintenance of the plant.
The project capital cost is expected to be in the range of
CAD1.9 billion (USD1.5 billion), and will produce around a
quarter of a million tons per annum of PVC destined for
Asia, and around 140,000 tons per
annum of sodium hydroxide (caustic soda) that will support local
industries. SNC-Lavalin has extensive experience in delivering
downstream oil and gas infrastructure around the world, with
expertise in greenfield and brownfield petrochemical and refining
facilities, and has worked with some clients for over 50 years.
"This contract is a major strategic win for us, helping to grow
our business in the region and demonstrate our world-leading
credentials in providing end to end solutions for large EPC
projects," said Christian Brown,
President, Oil & Gas, SNC-Lavalin. "Oman is an important market for SNC-Lavalin
where we have a long history of safely delivering complex major
projects. We are pleased to be able to apply our international
experience to such a significant project in the region while
working hard to increase in-country value and help develop
Oman's resources."
In 2017, SNC-Lavalin was awarded a long term framework contract
from Petroleum Development Oman for the commissioning and start-up
support services management for its upstream assets in Oman. As part of this contract, SNC-Lavalin
has set-up a dedicated training academy in Muscat to train and develop multidisciplinary
graduate engineers in the specialist field of commissioning.
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is a global fully integrated
professional services and project management company and a major
player in the ownership of infrastructure. From offices around the
world, SNC-Lavalin's employees are proud to build what matters. Our
teams provide comprehensive end-to-end project solutions –
including capital investment, consulting, design, engineering,
construction, sustaining capital and operations and maintenance –
to clients across oil and gas, mining and metallurgy,
infrastructure, clean power, nuclear and EDPM (engineering design
and project management). On July 3,
2017, SNC-Lavalin acquired Atkins, one of the world's most
respected design, engineering and project management consultancies,
which has been integrated into our sectors.
www.snclavalin.com
SOURCE SNC-Lavalin