SNC-LAVALIN AWARDED DETAILED ENGINEERING AND PROCUREMENT FOR TOTAL'S KHARYAGA FIELD IN ARCTIC RUSSIA
01 June 2011 - 11:15PM
PR Newswire (Canada)
MONTREAL, June 1, 2011 /CNW/ -- MONTREAL, June 1, 2011 /CNW Telbec/
- SNC-Lavalin (TSX: SNC) is pleased to announce that it has been
selected by Globalstroy-Engineering as the prime sub-contractor to
perform detailed engineering and procurement for Phase III Package
4 of the Kharyaga project. SNC-Lavalin will also provide project
management support and commissioning services. The Kharyaga oil
field lies 60 km north of the Polar Circle, in the Nenets
Autonomous Territory, in Russia's oil-rich Timan-Pechora
province. Phase III involves developing additional reserves,
sustaining a daily output of 30,000 barrels a day, achieving 95%
associated gas utilization and eliminating flaring. There are
several challenges to overcome at this site including the harsh
environment, the fluid characteristics (H(2)S, paraffin), the
remoteness of the site's existing infrastructure and the need to
maintain simultaneous operations (SIMOPS), which require the
adoption of sophisticated technical solutions. The work, which will
be executed over a 23-month period, has already begun and will be
executed in SNC-Lavalin's London, UK and Moscow offices with
extensive support from its partially-owned Russian design institute
OAO Vnipineft in Moscow. "We are delighted with this award", said
Jean Beaudoin, Executive Vice-President, SNC-Lavalin Group Inc. "We
have been active in Russia and the former Soviet Union for many
years, and have great confidence in this market. We are
particularly pleased that we can benefit from Vnipineft's knowledge
and experience on this challenging project." 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 35 other countries around the
world, and is currently working in some 100 countries. In business
since 1911, the Company celebrates its 100(th) anniversary in 2011.
www.snclavalin.com. To view this news release in HTML formatting,
please use the following URL:
http://www.cnw.ca/en/releases/archive/June2011/01/c9560.html table
cellspacing="0" border="1" class="cnwBorderedTable" tr valign="top"
td align="left" Media: /td td valign="top" align="left" Investors:
/td /tr tr valign="top" td align="left" Leslie Quintonbr/
Vice-President, Global Corporate Communicationsbr/ SNC-Lavalin
Group Inc.br/ 514-393-8000, ext. 7354br/ a
href="mailto:leslie.quinton@snclavalin.com"leslie.quinton@snclavalin.com/a
/td td valign="top" align="left" Denis Jasminbr/ Vice-President,
Investor Relationsbr/ SNC-Lavalin Group Inc. 514-393-8000, ext.
7553br/ a
href="mailto:denis.jasmin@snclavalin.com"denis.jasmin@snclavalin.com/a
/td /tr /table p /p
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