SNC-Lavalin
Rising to become the numero uno in this year’s annual rankings is Canadian EPC contracting major SNC-Lavalin. The Montreal-headquartered company has executed more than 300 projects in Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain and Iraq, worth an estimated $12bn in the last decade. In 2016, the enterprise has announced winning contracts worth more than $1.1bn in the MENA region, mostly from oil and gas projects.
The company was very recently awarded a contract by Saudi Aramco for engineering and project management services for the Berri increment programme. Also in Saudi Arabia, Aramco has awarded SNC-Lavalin Fayez Engineering (SLFE) a five-year extension to its existing General Engineering Services Plus (GES+) contract, with three one-year options to extend.
It is perhaps in Qatar where SNC-Lavalin has been most successful in its regional business. The contractor is currently working on a five-year engineering consultancy framework agreement for the Oryx GTL project. As part of its mandate, the company supports various engineering requirements at the facility, including general engineering and feasibility studies. SNC-Lavalin has completed a number of major contracts at Pearl GTL over the past five years, from initial site works to commissioning activities.
In North Africa, SNC-Lavalin is nearing completion on a $1.2bn-worth EPC project for Sonatrach in Algeria. Its impressive contract wins in the region aside, one of the key factors that has propelled the company to the top of the list this year is its ambitious plan to acquire British engineering and construction entity Atkins for an estimated $2.73bn – an acquisition bid that, if successful, will make SNC-Lavalin’s oil and gas EPC offering arguably the best in the world.
