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Released April 11, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--SNC-Lavalin Constructors Incorporated (TSX:SNC) (Montreal, Quebec), a leading engineering, procurement and construction (EPC) firm, was awarded a six-year contract to provide inspection services for the Hebron offshore oil production project, located offshore Newfoundland and Labrador. The facility is just one of more than $113 billion in active projects involving SNC-Lavalin that are being tracked by Industrial Info, spanning industries such as onshore and offshore oil production, hydropower, nuclear and natural gas.
Industrial Info is tracking $6.2 billion in active projects related to the Hebron Offshore Crude Oil Production Platform: a $3 billion topsides construction, a $2 billion gravity-based structure, a $1 billion subsea development and a $200 million subsea tieback and offloading system. The facility, which is owned by a partnership between Hibernia Management & Development Company Limited (St. John's, Newfoundland and Labrador) and Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) Canadian subsidiary, is expected to produce 150,000 barrels per day (BBL/d) of crude oil, with a possible future expansion to 180,000 BBL/d. Hebron is expected to achieve first oil by the end of this year.
The gravity-based structure is designed to store up to 1.3 million barrels of crude oil, while the tieback and offloading system will feature closed-looped pipeline and two points to load 50,300 barrels per hour onto tankers for transport. For more information, see Industrial Info's project reports on the topsides, gravity-based structure, subsea development, and tieback and offloading system.
SNC-Lavalin noted in a press release that it will be responsible for inspections related to the integrity and reliability of the Hebron platform, including topside modules and mounted structures, primary and secondary structural elements, outfitting steel, drilling derricks and components of the concrete gravity base structure, as well as pressure equipment and lifting equipment.
In the U.S., SNC-Lavalin on board for engineering, procurement and construction (EPC) services at FGE Power LLC's (The Woodlands, Texas) $3.3 billion Eagle Pines Energy Center in New Summerfield, Texas. The first of three power blocks, each valued at $1.1 billion and with an output of 1,133 megawatts (MW), will include two 326-MW combustion turbines and a 481-MW steam turbine generator. Construction is now expected to begin in the third quarter and take about two and a half years to complete. For more information, see Industrial Info's project reports for Phase I, Phase II and Phase III.
SNC-Lavalin also is providing engineering services for two of the most highly valued renewable-energy projects in North America to move past the planning phase: BC Hydro & Power Authority's (Vancouver, British Columbia) $8.5 billion Site C Clean Energy Project in Fort Saint John, British Columbia and Nalcor Energy's (St. John's) $7 billion Muskrat Falls Hydro Station in Churchill Falls, Newfoundland and Labrador, the latter of which already is under construction.
The 1,100-MW Site C Clean Energy Project, which will create a third dam and hydroelectric generating station on the Peace River, will comprise a 196-foot-high dam for a 23,000-acre reservoir, and a powerhouse with six hydroelectric turbine generators, each with a capacity of 183.3 MW. The 836-MW Muskrat Falls Hydro Station will feature four hydro turbine generator sets, each with a capacity of 209 MW. For more information, see Industrial Info's project reports on the Site C Clean Energy Project and the Muskrat Falls Hydro Station.
The largest project to involve SNC-Lavalin is the one of the world's largest international projects: The $30.7 billion ITER (International Thermonuclear Experimental Reactor) nuclear fusion power station in Cadarache, France. The 500-megawatt (MW), multi-phase project involves constructing the tokamak facility (which includes a containment building, reactor, steam turbine and generator), installing the resulting plasma, and then installing deuterium tritium operations. For more information, see Industrial Info's project report.
Whereas nuclear plants traditionally generate energy by breaking apart atoms, the tokamak fusion process smashes atoms together at high speeds, creating plasma that burns hotter than the sun; the first plasma produced by ITER would not arrive for another eight years at the earliest. Possible roadblocks have emerged following Brexit, which has put into doubt the U.K.'s funding for the Joint European Torus, a laboratory that does crucial research for ITER. The project also is facing some funding challenges from the U.S., where the Trump administration's proposed cuts to the U.S. Department of Energy could further hinder development.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
Industrial Info is tracking $6.2 billion in active projects related to the Hebron Offshore Crude Oil Production Platform: a $3 billion topsides construction, a $2 billion gravity-based structure, a $1 billion subsea development and a $200 million subsea tieback and offloading system. The facility, which is owned by a partnership between Hibernia Management & Development Company Limited (St. John's, Newfoundland and Labrador) and Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) Canadian subsidiary, is expected to produce 150,000 barrels per day (BBL/d) of crude oil, with a possible future expansion to 180,000 BBL/d. Hebron is expected to achieve first oil by the end of this year.
The gravity-based structure is designed to store up to 1.3 million barrels of crude oil, while the tieback and offloading system will feature closed-looped pipeline and two points to load 50,300 barrels per hour onto tankers for transport. For more information, see Industrial Info's project reports on the topsides, gravity-based structure, subsea development, and tieback and offloading system.
SNC-Lavalin noted in a press release that it will be responsible for inspections related to the integrity and reliability of the Hebron platform, including topside modules and mounted structures, primary and secondary structural elements, outfitting steel, drilling derricks and components of the concrete gravity base structure, as well as pressure equipment and lifting equipment.
In the U.S., SNC-Lavalin on board for engineering, procurement and construction (EPC) services at FGE Power LLC's (The Woodlands, Texas) $3.3 billion Eagle Pines Energy Center in New Summerfield, Texas. The first of three power blocks, each valued at $1.1 billion and with an output of 1,133 megawatts (MW), will include two 326-MW combustion turbines and a 481-MW steam turbine generator. Construction is now expected to begin in the third quarter and take about two and a half years to complete. For more information, see Industrial Info's project reports for Phase I, Phase II and Phase III.
SNC-Lavalin also is providing engineering services for two of the most highly valued renewable-energy projects in North America to move past the planning phase: BC Hydro & Power Authority's (Vancouver, British Columbia) $8.5 billion Site C Clean Energy Project in Fort Saint John, British Columbia and Nalcor Energy's (St. John's) $7 billion Muskrat Falls Hydro Station in Churchill Falls, Newfoundland and Labrador, the latter of which already is under construction.
The 1,100-MW Site C Clean Energy Project, which will create a third dam and hydroelectric generating station on the Peace River, will comprise a 196-foot-high dam for a 23,000-acre reservoir, and a powerhouse with six hydroelectric turbine generators, each with a capacity of 183.3 MW. The 836-MW Muskrat Falls Hydro Station will feature four hydro turbine generator sets, each with a capacity of 209 MW. For more information, see Industrial Info's project reports on the Site C Clean Energy Project and the Muskrat Falls Hydro Station.
The largest project to involve SNC-Lavalin is the one of the world's largest international projects: The $30.7 billion ITER (International Thermonuclear Experimental Reactor) nuclear fusion power station in Cadarache, France. The 500-megawatt (MW), multi-phase project involves constructing the tokamak facility (which includes a containment building, reactor, steam turbine and generator), installing the resulting plasma, and then installing deuterium tritium operations. For more information, see Industrial Info's project report.
Whereas nuclear plants traditionally generate energy by breaking apart atoms, the tokamak fusion process smashes atoms together at high speeds, creating plasma that burns hotter than the sun; the first plasma produced by ITER would not arrive for another eight years at the earliest. Possible roadblocks have emerged following Brexit, which has put into doubt the U.K.'s funding for the Joint European Torus, a laboratory that does crucial research for ITER. The project also is facing some funding challenges from the U.S., where the Trump administration's proposed cuts to the U.S. Department of Energy could further hinder development.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.