SNC-Lavalin Signs Framework Agreement With Shell

MONTREAL, Dec. 22, 2017 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has signed a Framework Agreement (FA) with Shell to provide pre-feasibility and feasibility studies for modular options on Shell's projects. This agreement represents a significant milestone for SNC-Lavalin in the development of industry standard pre-engineered solutions with a major International Oil Company.

The scopes of work under this agreement will be executed from three centers of excellence in Singapore, Houston and Dubai.

"This FA further underpins our production and processing solutions globally. Our experienced team can help our clients reduce costs and delivery timelines through our pre-engineered modular solutions." said Christian Brown, President of SNC-Lavalin's Oil & Gas sector.

About SNC-Lavalin

Founded in 1911, SNC-Lavalin is a global fully integrated professional services and project management company and a major player in the ownership of infrastructure. From offices around the world, SNC-Lavalin's employees are proud to build what matters. Our teams provide comprehensive end-to-end project solutions – including capital investment, consulting, design, engineering, construction, sustaining capital and operations and maintenance – to clients in oil and gas, mining and metallurgy, infrastructure and power. On July 3, 2017, SNC-Lavalin acquired Atkins, one of the world's most respected design, engineering and project management consultancies. www.snclavalin.com

SOURCE SNC-Lavalin