Orano warns of financial problems at Niger uranium plant
The West African nation increasingly seeks new partners, such as Russia, in its mining sector.
SNC-Lavalin, a major engineering and construction firm, was awarded a $650 million oil sands contract to design and build a froth treatment plant near Fort McMurray.
SNC-Lavalin says that the froth treatment plant will process 155,000 barrels of feedstock per day from the bitumen extraction plant in the form of bitumen froth.
Engineering is already underway and construction is expected to start this February. The whole project should be completed by September 2014.
“Our EPC track record in the oil sands and commitment to Health & Safety has been a key factor in securing this prestigious contract”, said Andy Mackintosh, Executive Vice-President, SNC-Lavalin Group Inc. in a statement.
“Our knowledge and experience of oil sands technology and heavy oil recovery positions us well for the future.”
