SNC-Lavalin Saudi JV acquires KSA engineering firm
Canadian engineer bolsters local resources for Aramco GES+ contract
SNC-Lavalin has announced that SNC-Lavalin Fayez Engineering (SLFE), a JV with local Saudi partners, recently acquired the industrial division of Zuhair Fayez Partnership, a Saudi engineering consultancy.
SLFE was formed partly in response to Saudi Aramco's General Engineering Services Plus (GES+) initiative, which aims to develop engineering capabilities in the Kingdom. SLFE will be bidding on contracts to support the implementation of Saudi Aramco's program of energy, infrastructure and refining projects.
“Saudi Aramco has been a valued client of ours for close to 20 years,” said Andy Mackintosh, Executive VP at SNC-Lavalin. “We are honoured to have this opportunity to further our relationship, and contribute to the Kingdom's program to increase local expertise and employment.”
SLFE has already commenced work on engineering services for the GES+ initiative for projects which are being bid on in-Kingdom by four Saudi Aramco-qualified GES+ contractors.
“We are delighted by the confidence Saudi Aramco has shown in our technical expertise, systems and project management capability,” said Mackintosh.
We are looking forward to working collaboratively under this new long-term agreement to help Saudi Aramco achieve the objectives set out under the GES+ contract.”
SNC-Lavalin is a 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 in over 40 other countries around the world, and works in over 100 countries.