Friday 18 September 2020

SNC-Lavalin wins Abu Dhabi oil and gas contract

ABU DHABI, September 17, 2019

SNC-Lavalin, a leading project management and infrastructure company, has announced that it has been awarded a general engineering, project management and technical support services contract from Al Yasat Petroleum, a joint venture between Abu Dhabi National Oil Company and China National Petroleum Corporation.

Under the three-year agreement with an estimated value of CAD$52 million ($39 million), SNC-Lavalin will partner with Al Yasat Petroleum extending the engineering and project support arm, in line with the Al Yasat Smart Growth Operating Model.

Covering two concession areas in Abu Dhabi, Al Yasat drives effective and efficient exploration and development of new areas, onshore and offshore.

The onshore concession area is located to the southwest of Abu Dhabi and measures 7,800 sq km, while the offshore concession area is located to the northwest of Abu Dhabi and covers six fields with a total area of 582 sq km.

The scope of work in the contract, which is extendable for two years, includes conceptual studies and design, front-end engineering and design (Feed), execution planning, detailed engineering for small works and specialized studies. SNC-Lavalin will support Al Yasat in managing sub-contracts, procurement services and market surveys, said the Canadian group in its statement.

As part of this agreement, SNC-Lavalin will also provide its digital expertise to help Al Yasat in the ambitious digital transformation plan using latest technologies, it stated.

Project support includes project services and securing Al Yasat with manpower to be part of an integrated project management team, it added.
On the contract win, Craig Muir, president, resources, SNC-Lavalin, said: "With over 50 years of presence in the Middle East, we have built a reputation for creating long-term value for leading international and national oil companies. This win underpins our successful track record and strategic approach to growing our business in engineering and consulting services."

"We are proud to support Al Yasat Petroleum on this project, and we will ensure it is efficiently delivered to the highest quality standards by combining our traditional engineering expertise with innovative solutions and digital technologies," he added.-TradeArabia News Service


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