SNC-Lavalin awarded contract for MEG Energy's Christina Lake Regional Project
MONTREAL, Aug. 6, 2013 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) has been awarded
a contract by MEG Energy to complete the detailed engineering and provide
procurement services for Phase 3A of the Christina Lake Regional Project
steam-assisted gravity drainage (SAGD) central processing facility in
northeast Alberta. The contract's service order represents over 800,000 hours
MEG Energy is a pure-play oil sands producer with a large, wholly owned
resource base concentrated in the southern Athabasca region of Alberta. The
company owns over 2,300 square kilometres of oil sands leases in three key
assets. SAGD technology is expected to be a key component in MEG Energy's plan
to increase production at these fields.
Phase 3A, the first phase in a multi-stage project with regulatory approval to
produce 150,000 barrels per day, is part of an overall Master Professional
Services Agreement signed between MEG Energy and SNC-Lavalin in September,
2011. The contract also includes technical support to MEG Energy's
Construction Management Team.
"This win is the result of SNC-Lavalin's sustained efforts to deliver on its
resources strategy," said Richard Neale, Senior Vice-President, Oil & Gas,
SNC-Lavalin Group Inc. "As we continue to build our platform, reputation and
relationships across the oil and gas industry, we anticipate future project
wins. We expect that MEG Energy will continue to be a key strategic client for
us and we look forward to serving them on future projects."
The work will be executed from SNC-Lavalin's offices in Calgary and its High
Value Engineering Centre in Mumbai.
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. Founded in 1911, SNC-Lavalin
has offices across Canada and in over 40 other countries around the world, and
is currently active in some 100 countries. www.snclavalin.com
Media: Leslie Quinton Senior Vice-President, Global Corporate Communications
SNC-Lavalin Group Inc. 514-393-8000, ext. 57354 email@example.com
Investors: Denis Jasmin Vice-President, Investor Relations SNC-Lavalin Group
Inc. 514-393-8000, ext. 57553 firstname.lastname@example.org
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