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Gold/Mining/Energy : SNC

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To: Gilbert Drapeau who wrote (110)1/18/2000 8:35:00 PM
From: Gilbert Drapeau  Read Replies (1) of 161
 
SNC-Lavalin Obtains Contract in Corridor Pipeline Project

JANUARY 18, 2000
MONTREAL, QUEBEC--SNC-Lavalin has obtained a contract from
Corridor Pipeline of Alberta to provide engineering, procurement
and construction management services for the pump stations and
related facilities in the Corridor Pipeline Project. The project
value of the SNC-Lavalin portion is $100 million.

The Corridor Pipeline Project will link two key components of the
Athabasca Oil Sands Project being developed jointly by Shell,
Chevron and Western Oil Sands. The pipeline system will connect
the Muskeg River mine, north of Fort McMurray, with the upgrader,
to be constructed adjacent to Shell's Scotford refinery, near Fort
Saskatchewan, Alberta.

The services SNC-Lavalin will provide are for the seven pumping,
metering and storage facilities which will be distributed along
the pipeline system. Work will commence immediately and is
expected to be completed in 2003.

The 450-km dual pipeline system will transport diluent north to
the mine and diluted bitumen south to the upgrader. It
will also include a 43-km delivery system that will transport
supplemental feedstocks to the upgrader and synthetic products
from the upgrader to the pipeline terminals at Edmonton.

SNC-Lavalin Group is one of the leading engineering and
construction firms in the world, and a key player in the ownership
and management of infrastructure. The group and its companies
have offices across Canada and in 30 other countries, and are
currently working in some 100 countries. The company is listed on
the Toronto Stock Exchange (symbol: SNC).
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