MONTREAL, March 9, 2015 /CNW Telbec/ - SNC-Lavalin
(TSX: SNC) is pleased to announce that Kentz Corporation, a member
of the SNC-Lavalin Group, has been awarded two sustaining capital
contracts by a major oil company in the Middle East, with an anticipated combined
value of over $500 million.
The project award follows the acquisition of Kentz by
SNC-Lavalin on August 22, 2014. The
acquisition of one of the world's top oil and gas service providers
has transformed SNC-Lavalin's capabilities in the sector, creating
a group of approximately 20,000 high-caliber employees with
end-to-end expertise for large and complex projects. SNC-Lavalin
and Kentz are now combining their industry leading capabilities for
the direct benefit of clients. This award was included in the
backlog figure announced to the market on March 5, 2015.
"Both Kentz and SNC-Lavalin have excellent longstanding
relationships with this client in the Middle East and we are pleased to have the
opportunity to strengthen those links further by delivering on this
important project," said Neil Bruce,
President, Resources, Environment & Water, SNC-Lavalin Group
Inc. "I would also like to take this opportunity to congratulate
our teams in the region, whose dedication and hard work have seen
over $1 billion in new contracts
signed in the Middle East region
since Kentz joined SNC-Lavalin."
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 provide EPC and EPCM services to clients in
a variety of industry sectors, including mining and metallurgy, oil
and gas, environment and water, infrastructure and clean 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