SNC-Lavalin announces contract with Petroleos de Venezuela S.A.
22 March 2012 - 12:30AM
PR Newswire (Canada)
MONTREAL, March 21, 2012 /CNW Telbec/ - SNC-Lavalin is pleased to
announce it has signed a project management contract with Petroleos
de Venezuela S.A. (PDVSA) for the Delta Caribe Oriental Project.
The value of the contract is approximately $133 million CDN. The
Delta Caribe Oriental project is in the Sucre State in northeastern
Venezuela and consists of four offshore gas fields; Dragon, Patao,
Mejillones and Rio Caribe, as well as a substantial onshore
development for industry, named Complejo Industrial Gran
Mariscal Ayacucho (CIGMA). Working closely with PDVSA,
SNC-Lavalin's project management team will supervise the work of
contractors who will be providing engineering, procurement,
construction, installation and commissioning services for the
offshore and onshore facilities. There are also major social
and infrastructure aspects to the project, which will serve to
develop the Güiria region, including programs to train Venezuelan
personnel to operate and maintain the facilities. "This type of
technological alliance in the offshore sector strengthens and
increases knowledge in all our businesses, including civil
engineering in ports, airports, docks, and subsea gas pipelines.
The work that we have awarded to SNC-Lavalin results from years of
studies" said Douglas Sosa, General Manager, Offshore Division,
PDVSA, "Taking into account the magnitude of our projects, we have
decided to create a high-performance team with state-of-the-art
technology and the experience we need to develop the gas supply
belt and the social infrastructure required in Sucre State". "We
are very pleased to support PDVSA in this complex, multi-faceted
project, which has a range of challenges very well aligned to
SNC-Lavalin's capabilities in engineering, construction, and
operations and maintenance." said Andy Mackintosh, Executive
Vice-President, SNC-Lavalin Group Inc. The initial mobilization is
underway at the project's offices in Caracas, Cumaná, London and
Houston. 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. www.snclavalin.com. SNC-LAVALIN CONTACT:
Media:Leslie QuintonVice-President, Global Corporate
CommunicationsSNC-Lavalin Group Inc.514-390-8000, ext.
7354leslie.quinton@snclavalin.comInvestors:Denis Jasmin
Vice-President, Investor RelationsSNC-Lavalin Group Inc.
514-390-8000, ext. 7553denis.jasmin@snclavalin.com
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