MONTREAL—Engineering giant SNC-Lavalin said its Columbian subsidiary has won an $87-million consulting contract for an oil transportation project in that Latin American country.
The Montreal-based firm said its Itansuca Proyectos de Ingeniería S.A.S. division will provide project management and technical support services to Ecopetrol S.A. over the next two years for an undisclosed oil project.
Ecopetrol is Colombia’s largest company.
Work will be carried out from SNC-Lavalin’s offices in Bogota, Colombia.
SNC-Lavalin has nearly 1,400 employees in the country and is one of the largest engineering suppliers to Ecopetrol.
In addition to this contract, SNC-Lavalin is currently providing Ecopetrol with management consulting services for the development of Colombia’s crude oil distribution program.
“We are extremely proud of our longstanding relationship with Ecopetrol,” SNC-Lavalin executive vice-president of oil Terrance N. Ivers said in a release.
“Multi-project service contracts with major resource companies like Ecopetrol provide SNC-Lavalin with revenue stability while allowing us to contribute to the continued growth and success of key clients.”