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SNC SNC Lavalin Group Inc

43.49
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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

SNC-Lavalin awarded midstream oil and gas project with TGI in Colombia

11/04/2017 1:00pm

PR Newswire (Canada)


SNC Lavalin (TSX:SNC)
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MONTREAL, April 11, 2017 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a USD $35M lump sum turnkey engineering, procurement and construction (EPC) contract for TGI S.A. ESP ("TGI"), the most important gas transportation company in Colombia.

The contract award encompasses the design, supply, construction, commissioning and start-up of two compressor stations over a 12 month period, to enable TGI to increase its transportation capacity by 32 MMSCFD between the cities of Paratebueno and Villavicencio in Colombia. All major equipment will be designed and fabricated at SNC-Lavalin's facilities in Sealy, Texas.

"This award reflects SNC-Lavalin's commitment to our project base in Latin America and growth of our gas treatment, processing and handling business globally," said Martin Adler, President, Oil & Gas, SNC-Lavalin. "Our strong track record for turnkey gas projects ranging from large-scale facilities to modularized plants and industry-leading off-the-shelf equipment are a key offering to our clients around the world."

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 our 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

Copyright 2017 Canada NewsWire

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