MONTREAL, Sept. 6, 2018 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a framework agreement for project support services with LUKOIL Mid-East for the West Qurna phase 2 oil field in Iraq.

“We continue to build on our long-term relationship with LUKOIL and to help them realize their projects successfully. Once again, we look forward to demonstrating our expertise in the delivery of professional services and our enviable reputation that has been earned in the region for over 50 years,” said Christian Brown, President, Oil & Gas, SNC-Lavalin. “We are … Continue Reading

MONTREAL, Aug. 7, 2018 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) has signed an engineering service contract and a licensing agreement with China’s Third Qinshan Nuclear Power Company Limited (TQNPC) to implement 37M Natural Uranium Equivalent (NUE) fuel, a mixture of depleted and recycled uranium, in Qinshan’s CANDU® reactors Units 1 and 2. SNC-Lavalin’s work under the contract includes design definition, design verification, update of reactor nuclear design and safety case, regulatory support and licensing. The contract is valued at over CAD $12 million.

“The landmark agreement between SNC-Lavalin and TQNPC will see the 37M fuel technology put into … Continue Reading

MONTREAL, Aug. 1, 2018 /CNW Telbec/ – Comprehensive Decommissioning International, LLC (CDI), a joint company of SNC-Lavalin (TSX: SNC) and Holtec International, is finalizing specific contract details with Holtec Decommissioning International, Inc. to enter into two discrete multi-year nuclear decommissioning contracts, each worth hundreds of millions of dollars.

This follows Purchase and Sale Agreements (PSAs) that Holtec International has signed with Entergy Corp. (NYSE: ETR) for the acquisition of the Entergy subsidiary that owns the Pilgrim Nuclear Power Station located in Plymouth, Massachusetts and the Entergy subsidiary that owns the Palisades Power Plant located in Covert, Michigan. The … Continue Reading

MONTREAL, July 31, 2018 /CNW Telbec/ – Comprehensive Decommissioning International, LLC (CDI), a joint venture company of SNC-Lavalin (TSX: SNC) and Holtec International, has been awarded a nuclear decommissioning contract, worth hundreds of millions of dollars, by Holtec Decommissioning International.

Earlier today, Exelon Generation and Holtec International announced the conditional sale of the Oyster Creek Nuclear Generating Station located in Ocean County, New Jersey to a Holtec subsidiary.

Under the contract, CDI will be responsible for decommissioning the plant beginning in 2019, pending transaction closure. This will include the demolition and cleanup of the site. CDI will seek to … Continue Reading

MONTREAL, July 25, 2018 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) is pleased to announce that it has signed a contract of approximately $240 million (USD180 million) with Kuwait Integrated Petroleum Industries Company (KIPIC) for commissioning management support services, as well as the preparation and delivery of training, documentation and competency development consultancy services, at the Al Zour Refinery in Kuwait. KIPIC is a subsidiary of Kuwait Petroleum Corporation.

“We look forward to building a long term relationship with KIPIC and working in association with them to commission one of the newest and biggest refineries in the … Continue Reading

MONTREAL, July 18, 2018 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) and Holtec International group are pleased to announce a new US-based joint venture company named Comprehensive Decommissioning International, LLC (CDI). The company, headquartered in Camden, New Jersey, has been established to bring the expertise of both companies together to ensure safe, rapid, and economic decommissioning of shuttered nuclear plants.

CDI’s priorities are safety and environmental stewardship as it performs accelerated decommissioning of retired nuclear power plants. Using innovative technologies, CDI is the best equipped company to cut the total time elapsed to release plant sites for unrestricted use … Continue Reading

MONTREAL, July 16, 2018 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) subsidiary SNC-Lavalin Engineers and Constructors Inc. has signed a five-year framework agreement to provide International General Engineering Services to Al Khafji Joint Operations (KJO), a joint operations company comprised of Aramco Gulf Operations Company Limited and Kuwait Gulf Oil Company.

The new framework agreement builds upon an existing five-year framework contract for In-Kingdom General Engineering Studies signed in February 2018, and will see SNC-Lavalin provide a range of engineering services to assist KJO with engineering for major projects, including new offshore platforms, jackets and sub-sea pipelines as well … Continue Reading

MONTREAL, June 27, 2018 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) is pleased to announce that the combined SNC-Lavalin and Atkins business has been awarded a 5-year framework contract by BP global wells organization for global riser analysis services. SNC-Lavalin acquired WS Atkins plc on July 3, 2017.

The framework covers four main scopes of work; marine riser and wellhead systems analysis, analysis for wellhead fatigue monitoring, completion landing string analysis, and open water work-over riser analysis.

“To be named as one of BP global wells organization’s engineering providers for such crucial riser analysis services is testament to the … Continue Reading

MONTREAL, June 12, 2018 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) has signed an exclusive agreement with Florexx International Investments LLC for the extended basic engineering and subsequent design and delivery of an Advanced Topping Refinery in the UAE. 

Under the exclusive agreement, SNC-Lavalin will carry out the initial basic engineering, master planning, process technology evaluation and selection to support project financial investment decision approvals, expected in Q3 2018. Once the project proceeds to the engineering, procurement and construction (EPC) phase, SNC-Lavalin will carry out the complete design and delivery of the refinery, working alongside Emirati contractors to maximize in-country … Continue Reading

MONTREAL, Feb. 26, 2018 /CNW Telbec/ – SNC-Lavalin’s (TSX: SNC) is pleased to announce that its subsidiary in Saudi Arabia has been awarded a 5-year framework agreement to provide In-Kingdom General Engineering Services to Al Khafji Joint Operations (‘KJO’) (a joint operating company between Aramco Gulf Operations Company Limited and Kuwait Gulf Oil Company). KJO is responsible for oil and gas exploration, development and production in the off-shore area close to the Saudi-Kuwait border, including the Khafji and Hout Oil Fields which have been in production since the 1960’s.

The signed agreement between KJO and SNC-Lavalin Kentz Engineering … Continue Reading

MONTREAL, Dec. 22, 2017 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) is pleased to announce that it has signed a Framework Agreement (FA) with Shell to provide pre-feasibility and feasibility studies for modular options on Shell’s projects. This agreement represents a significant milestone for SNC-Lavalin in the development of industry standard pre-engineered solutions with a major International Oil Company.

The scopes of work under this agreement will be executed from three centers of excellence in Singapore, Houston and Dubai.

“This FA further underpins our production and processing solutions globally. Our experienced team can help our clients reduce costs … Continue Reading

MONTREAL, Dec. 13, 2017 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) and Saudi Aramco today signed a Memorandum of Understanding (“MoU”) signalling SNC-Lavalin’s continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia.

The MoU supports Saudi Aramco’s In-Kingdom Total Value Add (“IKTVA”) program, which applies to Saudi Aramco suppliers and drives the localization of oilfield services and equipment value chain, to strengthen and diversify the Saudi economy; transfer technologies, skill and knowledge through training and development; and create thousands of new jobs for the growing Saudi population.

Neil Bruce, President & … Continue Reading