SNC-Lavalin Awarded Services Contract For Work On The Trans Alaska Pipeline System

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April 7, 2004

SNC-Lavalin has been awarded a US $28 million contract by the Alyeska Pipeline Service Company to provide detailed engineering, procurement and construction management (EPCM) services for the Trans Alaska Pipeline System’s Strategic Reconfiguration Project.

The Alyeska Pipeline Service Company, operator of the Trans Alaska Pipeline System (TAPS), has received approval from the pipeline’s owner to invest over US $250 million in a project to upgrade the pipeline’s pump stations. SNC-Lavalin will provide EPCM services from its Edmonton office, using its pump station expertise, and will also employ local engineering expertise to design, plan and manage the project.

“We are very pleased to be working on the TAPS Strategic Reconfiguration project,” said Krish Krishnamoorthy, Executive Vice-President, SNC-Lavalin Group Inc. “This is another example of our outstanding technical know-how and project management expertise. Our ability to effect capital cost savings while reducing operating costs and optimizing life cycle costs through Value Improvement Practices was a major factor in the award of the contract to SNC-Lavalin.”

TAPS transports crude oil from the oil fields on Alaska’s North Slope across 800 miles of tundra, rugged mountains and rivers to Valdez on the shores of Alaska’s Prince William Sound. The project involves installing electrically driven crude oil pumps at four critical pump stations, as well as increased automation and upgraded control systems.

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