MONTREAL, Nov. 17, 2011 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased
to announce that it has been awarded a contract by Statoil UK to carry
out front-end engineering for its approximately 20,000 tonne
substructure for the Mariner offshore development in the North Sea.
"We're very pleased to be working with Statoil on this project, which it
considers one of its landmark offshore UK development projects," said
Andy Mackintosh, Executive Vice-President, SNC-Lavalin Group Inc.
"Securing this engineering contract for one of the largest North Sea
jackets in recent times demonstrates our depth of expertise in a
globally competitive market."
The jacket, which will be installed by barge, will be located in a water
depth of 110 metres and support 50 wells. It will also support a large
production, drilling and quarters (PDQ) topside facility. The oil will
be exported to a nearby floating storage unit and then to market by
shuttle tanker. Statoil expects a final investment decision in late
2012 and first oil in late 2016. The participating interests in License
P335 are Statoil (Operator) 65.1%, ENI 28.9% and Nautical Petroleum 6%.
SNC-Lavalin is one of the leading engineering and construction groups in
the world and a major player in the ownership of infrastructure, and in
the provision of operations and maintenance services. SNC-Lavalin has
offices across Canada and in over 40 other countries around the world,
and is currently working in some 100 countries. In business since 1911,
the Company celebrates its 100th anniversary in 2011. www.snclavalin.com.
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