https://www.engineeringnews.co.za

SNC-Lavalin clinches $100m oil and gas deal

7th December 2016

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – TSX-listed SNC-Lavalin has been awarded a $100-million ten-year build-own-operate (BOO) oil and gas service contract for the engineering, procurement and construction (EPC) and the operations of multiple gas-compression and dehydration facilities in the US’s Permian basin, in Texas.

SNC-Lavalin will provide Crestwood Equity Partners with its production and processing solutions service line, which will include the design, construction and operations of over 100 000 hp of compression, inlet separation and filtration, gas dehydration and station measurement and controls. All stations will be constructed on greenfield sites.

"We are proud to have been awarded this project to deliver and operate a significant level of compression facilities in the US market for Crestwood," said SNC-Lavalin oil and gas president Martin Adler in a note released Tuesday.

He added that, while the midstream market faces a number of challenges, the company’s quick-to-monetise solutions and performance-based fee structures were helping customers invest in existing and new assets, while expediting cash contribution from these assets.

SNC-Lavalin production and processing solutions CEO Steve Gill added that the company’s BOO model, in addition to its traditional engineering and equipment services, had been greatly strengthened as part of SNC-Lavalin.

“Our production and processing solutions service line, previously known as Valerus, has a wide range of applications globally for clients seeking innovative solutions for production and processing, scaling from small wellhead facilities to complete gas plant facilities.”

Edited by Samantha Herbst
Creamer Media Deputy Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
Egoli Gas (Pty) Ltd
Egoli Gas (Pty) Ltd

As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.047 0.818s - 140pq - 2rq
Subscribe Now