MONTREAL, Nov. 28, 2016 - SNC-Lavalin (TSX: SNC) announced today that it has been awarded an engineering, procurement and construction (EPC) contract by Northwest Natural Gas Company (NW Natural) for an expansion of its natural gas storage services in Mist, Ore. This EPC contract is a significant portion of the $125M project.
The turnkey project will be executed by the Production & Processing Solutions service line within SNC-Lavalin's Oil & Gas sector. The scope of work consists of connection of a 20-kilometre (13-mile) pipeline to a storage reservoir through several wellheads, installation of the pipeline, and construction of a compressor station to withdraw and inject natural gas from, or into, the reservoir. The project will facilitate NW Natural's underground reservoir to be able to store up to 71 million cubic meters (2.5B square cubic feet) of natural gas.
Through this project, NW Natural will provide no-notice storage service to Portland General Electric's generating plants at Port Westward – including a plant designed to integrate more wind power into PGE's generation mix.
"We are pleased to provide NW Natural the facilities to ensure their customer's power facility operates at an optimum capacity during varying levels of demand," said Martin Adler, President, Oil & Gas, SNC-Lavalin. "We are excited to begin a new relationship with NW Natural and are committed to our focus on delivery for our client as we work together on this project."
Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin's employees are proud to build what matters. Our teams provide Engineering, Procurement and Construction (EPC) and Engineering, Procurement, Construction and Management (EPCM) services to clients in a variety of industry sectors, including oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions.www.snclavalin.com
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