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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| SNC Lavalin Group Inc | TSX:SNC | Toronto | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 43.49 | 43.31 | 43.57 | 0 | 01:00:00 |
From Oct 2019 to Oct 2024
MONTREAL, April 18, 2018 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) has been appointed by Saudi Aramco to install additional facilities for a major gas processing facility in Saudi Arabia's Eastern Province.
Under the scope of work for the multi-million dollar contract, SNC-Lavalin will construct the Arabiah Condensate Handling Facility and Sour Water Disposal Unit Project at the Wasit Gas Plant in Saudi Arabia, including the installation of process equipment as well as related civil and structural, piping, electrical and instrumentation and control systems. Work is already underway with a target completion date of late 2019.
Wasit Gas Plant is one of the largest gas plants to come onstream in Saudi Arabia, and is an enabler for the Kingdom's Vision 2030 economic roadmap, feeding into the national master gas network to meet domestic energy demand.
"SNC-Lavalin has an impressive track record of successful project delivery during our 40-years of working with Saudi Aramco and we are pleased to continue our long-term relationship on another important project," said Christian Brown, President, Oil & Gas, SNC-Lavalin. "Not only does this contract further demonstrate our industry-recognized onshore construction solutions, it also emphasizes our commitment to supporting Saudi Aramco's IKTVA localization program to increase the employment and skills development of local Saudi talent."
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 in oil and gas, mining and metallurgy, infrastructure and power. On July 3, 2017, SNC-Lavalin acquired Atkins, one of the world's most respected design, engineering and project management consultancies. www.snclavalin.com
SOURCE SNC-Lavalin Inc.
Copyright 2018 Canada NewsWire
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