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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, Nov. 22, 2017 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded the fabrication and supply of modular gas processing equipment for Producers Midstream LP (PMLP). The Maverick Gas Plant will be located in the Delaware Basin.
SNC-Lavalin's scope includes a state-of-the-art modular 60 million standard cubic feet/day (MMscfd) cryogenic gas plant capable of 99%+ propane recovery, mechanical refrigeration, condensate stabilization, tri-ethylene glycol (TEG) dehydration, amine treating, compression and associated balance of plant equipment. The facility is expected to commence operation in the first quarter of 2018.
This is the sixth gas processing plant SNC-Lavalin has built for the Delaware Basin in the last two years and its 40th gas plant since 2011.
"This award to deliver a modular solution for PMLP not only provides industry leading Natural Gas Liquids (NGL) recoveries, but also achieves speed to market by utilizing our robust, pre-designed gas plants. These allow our clients quicker returns from their assets," said Christian Brown, President, Oil & Gas, SNC-Lavalin. "We are especially pleased with the success we've found in the heart of the Permian Basin, the most active shale play in the US market."
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
Copyright 2017 Canada NewsWire
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