SNC-Lavalin profits from Alberta oil sands

SNC-Lavalin and PCL Industrial Management as a 50/50 joint venture have been awarded a $290 million turnkey contract to design and build a major part of Husky Energy’s Tucker Oil Sands project in northern Alberta. Husky awarded the contract to them for the Central Plant facilities.
The Tucker project is located near Cold Lake Alberta and is scheduled to start construction this fall with completion in 2006. It will use steam assisted gravity draining to produce bitumen oil. The total value of the project, including the Central Plant and associated field installations, is approximately $500 million. It is expected to employ 600 construction workers at the peak.