Lavalin wins engineering deal from Saudi Aramco

Author: 
REUTERS
Publication Date: 
Wed, 2011-05-04 22:46

A spokesperson for the Canadian firm and Aramco declined to comment. No financial details were immediately available.
The deal was awarded under general engineering services plus (GES+), which aims for joint ventures between Saudi and international firms to help develop the local engineering sector.
GES+ allows for detailed engineering work for Aramco’s large-scale projects to be conducted inside the Kingdom for the first time.
It would also help create more jobs for Saudi nationals.
Foreign companies had said they hoped the contracts would raise their chances of winning deals with Aramco.
The Montreal-based company has teamed up with Saudi-based Zuhair Fayez Partnership Consultants for the new deal.
The award is so far the last in a series of contracts Aramco signed with international companies: US Jacobs Engineering Group, KBR Inc, Mustang — a Wood Group company — and Foster Wheeler which all have had Saudi partners.

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