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| SNC-Lavalin wins contract for the Junin 2 Block in Venezuela SNC-Lavalin, a large Canadian engineering firm, announced that it has been awarded an engineering services contract for the Empresa Mixta Petromacareo Project by PDVSA Engineering & Construction, a subsidiary of Venezuela's state-owned oil company, Petróleos de Venezuela S.A (PDVSA). PDVSA Engineering & Construction has also awarded SNC-Lavalin an umbrella Technical Services Agreement (TSA) for the execution of projects in the Orinoco Oil Belt. Petromacareo is the first major award under the TSA. SNC-Lavalin will perform the conceptual engineering for the extra heavy crude oil production, treatment, storage and transport facilities at the Junin 2 North Block in Venezuela's Orinoco Oil Belt. The Junin 2 North Block is jointly held by PDVSA and PetroVietnam. The Orinoco Oil Belt, located north of the Orinoco River, holds significant reserves of heavy oil, and it is PDVSA's key area of focus for development to enhance its oil production. write your comments about the article :: © 2010 Construction News :: home page |