MONTREAL, Jan. 10, 2018 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has signed a Master Services Agreement, with approximate worth in excess of $100M, with one of the world's largest plastics, chemical and refining companies.
The scope includes provision of all engineering support for the client's Gulf Coast facilities. SNC-Lavalin is one of a limited number of firms with world-class expertise at scale in this field across engineering, procurement, construction, consulting services on cost and program management, training, and operations and maintenance. SNC-Lavalin will utilize its downstream capabilities to increase performance, improve processing, and ensure a partnership with the client to meet their long term goals on their facilities.
"We are excited to work with our client in their downstream projects across multiple facilities on the Gulf Coast," said Joseph Lichon, Executive Vice-President, Americas, Oil & Gas, SNC-Lavalin. "Our innovation and market-tailored technical solutions in every stage of our client's projects enable us to provide considerable cost and production efficiencies on such projects. We are seeing a return to strength of the downstream sector, and we are working closely with a number of clients on future opportunities in this important area for refined product and chemicals production."
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
For further information: Media: Daniela Pizzuto, Senior Manager, External Communications, 514-393-8000, ext. 54772, [email protected]; Investors: Denis Jasmin, Vice President, Investor Relations, 514-393-8000, ext. 57553, [email protected]