SNC-Lavalin wins two contracts

expat network

SNC-Lavalin wins two contracts

SNC-Lavalin announced that Kentz Corporation, a member of the SNC-Lavalin Group, has been awarded two sustaining capital contracts by a major oil company in the Middle East, with an anticipated combined value of over $500 million.

The project award follows the acquisition of Kentz by SNC-Lavalin on August 22, 2014. The acquisition of one of the world’s top oil and gas service providers has transformed SNC-Lavalin’s capabilities in the sector, creating a group of approximately 20,000 high-caliber employees with end-to-end expertise for large and complex projects. SNC-Lavalin and Kentz are now combining their industry leading capabilities for the direct benefit of clients. This award was included in the backlog figure announced to the market on March 5, 2015.

“Both Kentz and SNC-Lavalin have excellent longstanding relationships with this client in the Middle East and we are pleased to have the opportunity to strengthen those links further by delivering on this important project,” said Neil Bruce, President, Resources, Environment & Water, SNC-Lavalin Group Inc. “I would also like to take this opportunity to congratulate our teams in the region, whose dedication and hard work have seen over $1 billion in new contracts signed in the Middle East region since Kentz joined SNC-Lavalin.”

About SNC-Lavalin

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 provide EPC and EPCM services to clients in a variety of industry sectors, including mining and metallurgy, oil and gas, environment and water, infrastructure and clean 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

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.