SNC-Lavalin awarded five-year engineering consultancy framework agreement by Oryx GTL in Qatar

MONTREAL, July 18, 2016 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is proud to announce that it has been awarded an engineering consultancy and support services contract by Oryx GTL, a joint venture between Qatar Petroleum (51%) and Sasol of South Africa (49%), for its gas-to-liquids (GTL) complex at Ras Laffan Industrial City in Qatar.

This five-year contract is with our local entity, Qatar Kentz W.L.L., and is aligned to support Oryx GTL's long-term sustaining capital plan. The agreement sets out predefined rates for a number of work elements that will be required at the facility, including general engineering, feasibility studies, modelling, drawings and documentation.

"We are delighted to establish this five-year agreement with Oryx GTL, at a time when the industry is looking for continued development of assets," said Christian Brown, President, Oil & Gas, SNC-Lavalin. "This agreement positions SNC-Lavalin for success in achieving our vision of being an essential trusted partner to our clients, and we can quickly engage on many work fronts required on the project over the coming years."

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 and Construction (EPC) and Engineering, Procurement, Construction and Management (EPCM) services to clients in a variety of industry sectors, including 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

For further information: Media: Louis-Antoine Paquin, Manager, Media Relations, 514-393-8000, ext. 54772, louis-antoine.paquin@snclavalin.com; Investors: Denis Jasmin, Vice President, Investor Relations, 514-393-8000, ext. 57553, denis.jasmin@snclavalin.com

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