By John Lee.
SNC-Lavalin has announced that Kentz Corporation, a member of the SNC-Lavalin Group, has signed a Project Management Contractor Agreement in Iraq with one of the world's leading blue-chip International Oil Companies (IOC) for a three-year term with a potential value of up to approximately US$97 million (113 billion Iraqi dinars).
The contract includes procurement, engineering, project management and construction services.
Kentz will deliver the services in three phases:
- conceptual design and preparation of associated cost and schedule estimates;
- front-end engineering design support and the preparation of bid packages for engineering, procurement, and construction (EPC) contracts; and
- support of the IOC's project teams during project execution.
Neil Bruce, President, Resources, Environment & Water, SNC-Lavalin Group, commented:
"As the first major contract signed since SNC-Lavalin and Kentz brought their oil and gas businesses together, this project award showcases both the geographic reach and the wider range of services we can now directly provide to clients ...
"Our integration continues to plan, and we are very pleased with the progress and working relationships we have built already."