MONTREAL, July 25, 2012 /CNW Telbec/ - SNC-Lavalin (TSX:
SNC) is pleased to announce that it has been awarded a contract by
Statoil ASA to carry out the front-end engineering design (FEED)
for an approximately 20,000-tonne substructure, part of the Bressay
offshore development located in the UK sector of the North Sea.
"We're very pleased to continue supporting Statoil on the
landmark Mariner and Bressay projects," said Andy Mackintosh, Executive Vice-President,
SNC-Lavalin Group Inc. "This award builds on the successful
completion of the Mariner Jacket FEED, and consolidates
SNC-Lavalin's position as a leading engineering contractor for
barge-launched jackets."
The jacket will be located at a water depth of approximately 92
metres, and support operations for up to 50 wells, which will
feed a large production, drilling and quarters (PDQ) topside
facility. Bressay's heavy oil will be exported to a nearby floating
storage unit before being shipped to market by shuttle tanker.
Statoil expects a final investment decision in late 2013 and first
oil by early 2018. The participating interests in Bressay Licences
are Statoil (Operator) 81.625% and Shell U.K. Ltd 18.375%.
SNC-Lavalin is one of the leading engineering and construction
groups in the world and a major player in the ownership of
infrastructure, and in the provision of operations and maintenance
services. SNC-Lavalin has offices across Canada and in over 40 other countries around
the world, and is currently working in some 100 countries.
www.snclavalin.com
SOURCE SNC-LAVALIN