MONTREAL, Dec. 10, 2014 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that Qatar Kentz, a member of the SNC-Lavalin Group, has been awarded a four-year multi-million-dollar call-off contract, with a possible two-year extension, by Qatar Shell for its Pearl Gas-To-Liquids (GTL) onshore and offshore facilities in Qatar.
As EPCM and construction contractor for onshore and offshore Pearl GTL facilities, Kentz will manage the EPCM work for all services related to plant changes, as well as minor, base and medium projects. This will include project management, engineering and specialist studies, procurement and logistics, construction and commissioning management, and the execution of construction works.
Located in Ras Laffan Industrial City, Pearl GTL is the world's largest source of GTL products, capable of producing 140,000 barrels of GTL products each day. The plant also produces 120,000 barrels per day of natural gas liquids and ethane. The new phase of the project will allow Qatar Shell to continue to enhance local development.
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.
"We are thrilled to have an opportunity to strengthen our excellent relationship with Qatar Shell, which began with our first contract for Pearl several years ago," said Christian Brown, President, Oil & Gas, SNC-Lavalin Group Inc. "This is a highly strategic contract for us since we will be providing complete EPCM services to our client as needed for at least four years.
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
About Qatar Shell
Qatar Petroleum and Shell delivered two of the largest energy projects in the world in Ras Laffan Industrial City. Pearl Gas to Liquids (GTL) is the world's largest GTL plant and cements Qatar's position as the GTL capital of the world.
The Qatargas 4 Liquefied Natural Gas project (QP (70%) and Shell (30%)) combines Shell's global leadership in LNG with Qatar's position as the world's largest LNG supplier.
Shell has established a world-class research and development facility and a learning centre, the Qatar Shell Research & Technology Centre, at the Qatar Science & Technology Park. Shell has a financial commitment to invest up to $100 million on programmes at the Centre over a 10-year period.
In December 2011 Shell and QP signed a HOA to jointly develop a world-class petrochemicals complex in Ras Laffan Industrial City. For more information visit: www.shell.com.qa
Media: Louis-Antoine Paquin, Media Relations Manager, Global Corporate Communications, SNC-Lavalin Group Inc., 514-393-8000, ext. 54771, Louisfirstname.lastname@example.org; Investors: Denis Jasmin, Vice-President, Investor Relations, SNC-Lavalin Group Inc., 514-393-8000, ext. 57553, email@example.comCopyright CNW Group 2014
Source: Canada Newswire
(December 10, 2014 - 11:16 AM EST)
News by QuoteMedia