SNC-Lavalin awarded $100-MM midstream oil and gas project in the United States
MONTREAL -- SNC-Lavalin announced that it has been awarded a 10-year Build-Own-Operate (BOO) oil and gas service contract for the engineering, procurement, construction (EPC) and operations of multiple gas compression and dehydration facilities in the Permian Basin of the United States, with an approximate value of $100 million from Crestwood Equity Partners LP.
The services will be provided by the Production and Processing Solutions service line within SNC-Lavalin's Oil & Gas sector, and will consist of the design, construction and operations of over 100,000 horsepower 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 Martin Adler, President, Oil & Gas, SNC-Lavalin. "While the midstream market faces a number of challenges, our quick-to-monetize solutions and performance-based fee structures are helping our customers continue to invest in existing and new assets, while expediting cash contribution from these assets."
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