News

Press Release Index

July 2016

July 20, 2016

SNC-Lavalin awarded design contract by Medicago

SNC-Lavalin (TSX: SNC) announced today that it has been awarded a $12.5 million contract by Medicago to provide design services for a new production facility in Quebec City, Canada. More

July 19, 2016

SNC-Lavalin second quarter 2016 results conference call schedule for August 4, 2016

SNC-Lavalin Group Inc. (TSX: SNC) will hold its second quarter results conference call with the financial community on Thursday, August 4, 2016, at 3:00 p.m. EDT. Participants will be Neil Bruce, President and Chief Executive Officer and Sylvain Girard, Executive Vice-President and Chief Financial Officer. Media are welcome to participate on a listen-only basis. More

July 18, 2016

SNC-Lavalin awarded five-year engineering consultancy framework agreement by Oryx GTL in Qatar

SNC-Lavalin (TSX:SNC) is proud to announce that it has been awarded an engineering consultancy and support services contract by Oryx GTL, a joint venture between Qatar Petroleum (51%) and Sasol of South Africa (49%), for its gas-to-liquids (GTL) complex at Ras Laffan Industrial City in Qatar. More

July 13, 2016

Christian Brown appointed as Corporate Development Officer; Martin Adler succeeds him as President, Oil & Gas

SNC-Lavalin  (TSX: SNC) is pleased to announce that Christian Brown has been appointed to the newly created position of Corporate Development Officer, and that Martin Adler will join SNC-Lavalin as President, Oil & Gas. More

July 5, 2016

SNC-Lavalin awarded contracts on both Potash Ridge’s Valleyfield and Blawn Mountain Projects

SNC-Lavalin (TSX: SNC) is pleased to announce that it has recently been awarded two separate contracts by Potash Ridge Corporation (TSX: PRK), a near term producer of premium fertilizer in North America. More

June 2016

June 30, 2016

SNC-Lavalin reaches an agreement to sell its real estate facilities management business in Canada for $45 million to Brookfield Global Integrated Solutions

SNC-Lavalin (TSX: SNC) is pleased to announce that it has reached an agreement to sell its non-core Real Estate Facilities Management business in Canada to Brookfield Global Integrated Solutions (“Brookfield GIS”) for $45 million, which includes facilities management, property management, realty management and related project management. The community mailboxes and P3s are not included in the agreement. SNC-Lavalin’s Real Estate Facilities Management business in Canada has approximately 1,100 employees. More

June 29, 2016

SNC-Lavalin awarded contract for nuclear life extension project in Argentina

SNC-Lavalin (TSX: SNC) is pleased to announce it has been awarded a contract valued at over $20 million to provide management and technical guidance to Argentine nuclear reactor operator Nucleoeléctrica Argentina SA (NA-SA). More

June 27, 2016

SNC-Lavalin joint venture awarded two nuclear services contracts

SNC-Lavalin (TSX: SNC) is pleased to announce that its joint venture (JV) with Aecon Group has been awarded two multimillion-dollar contracts by Ontario Power Generation (OPG) for nuclear services at the Darlington Nuclear Generating Station in Ontario, Canada. More

June 2, 2016

SNC-Lavalin Renews its Normal Course Issuer Bid

SNC-Lavalin Group Inc. (TSX:SNC) announces today that its Board of Directors has filed a notice to renew, for a 12-month period, its normal course issuer bid, which will expire on June 4, 2016. In the notice, SNC-Lavalin Group Inc. (“the Company”) states that a maximum of 3,000,000 Common Shares, representing approximately 2% of the issued and outstanding Common Shares as of May 18, 2016, may be purchased for cancellation. As of May 18, 2016, the Company had 150,030,894 Common Shares issued and outstanding, 131,239,572 of which made up the public float. Under current circumstances, the Company believes that the purchase of Common Shares is an effective use of its funds and in the best interest of the Company and its shareholders. The Company may make purchases to offset dilution arising from the issuance of Common Shares under security-based compensation arrangements of the Company or for other corporate purposes. More

May 2016

May 26, 2016

Agreement concluded between engineers and ex-engineers of SNC-Lavalin and the Syndic’s Office of the Ordre des ingénieurs du Québec

After a process in which SNC-Lavalin (TSX: SNC) has participated and collaborated, the Ordre des ingénieurs du Québec (OIQ) announced today that a settlement agreement was concluded with a group of 107 engineers and former engineers of SNC-Lavalin and its subsidiaries. They were targeted by investigations opened by the Office of the Syndic of the OIQ in connection with political contributions made between 1998 and 2010. As provided in the agreement, an amount was paid to the OIQ by this group of engineers, as an amount "in lieu of a fine". As stipulated by the Professional Code, these settlements are confidential. More

May 11, 2016

SNC-Lavalin and CGI sign IT outsourcing agreement

SNC-Lavalin (TSX:SNC) and CGI (TSX: GIB.A) (NYSE: GIB) are pleased to jointly announce a twelve-year Information Technology (IT) outsourcing agreement valued at $500 million. More

May 10, 2016

SNC-Lavalin announces its participation in the Quebec government's voluntary reimbursement program

SNC-Lavalin (TSX: SNC) announces today, through a Notice of intention filed with the Director of the Program, its participation in the Voluntary Reimbursement Program which was put into force by the Government of Quebec on November 2, 2015. More

May 5, 2016

SNC-Lavalin announces the results of the vote for the election of directors

SNC-Lavalin Group Inc. (TSX: SNC) is pleased to announce that the nominees listed in the management proxy circular dated March 14, 2016 were elected as directors of SNC-Lavalin Group Inc. The detailed results of the vote for the election of directors held at the annual meeting of shareholders held on May 5, 2016 in Montreal are set out below. More

May 5, 2016

SNC-Lavalin reports continued earnings improvement in Q1 2016 and record order backlog of $13.4 billion underpins fiscal year outlook

SNC-Lavalin Group Inc. (TSX:SNC) announces its results today for the first quarter ended March 31, 2016. More

April 2016

April 20, 2016

SNC-Lavalin awarded asphalt production facility contract by Saudi Aramco in Saudi Arabia

SNC-Lavalin (TSX:SNC) through their affiliate Saudi Arabian Kentz, is proud to announce that it has been awarded an engineering, procurement and construction (EPC) contract by Saudi Aramco for the expansion of asphalt production facilities at its Ras Tanura Refinery in Saudi Arabia. Upon completion of the expansion, asphalt production capacity at the facility will increase from 22 thousand barrels per day to 42 thousand barrels per day. More

April 18, 2016

SNC-Lavalin to host annual meeting in Montreal and announce first quarter results on May 5, 2016

SNC-Lavalin Group Inc. (TSX: SNC) will host its Annual Shareholders’ Meeting in Montreal and announce its first quarter results on May 5, 2016. More

April 12, 2016

SNC-Lavalin awarded study contract by Sociedad Minera de Santander S.A.S. for Soto Norte project in Colombia

SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a contract by Sociedad Minera de Santander S.A.S (Minesa), a subsidiary of Mubadala Development Company PJSC, to provide a Pre-Feasibility study for the Soto Norte project, a new greenfield gold mine and processing facility located in Colombia. More

April 6, 2016

SNC-Lavalin awarded contract by University Of Alberta for SLOWPOKE Research Reactor decommissioning

SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a multimillion dollar contract by the University of Alberta for the decommissioning of its Safe Low-Power Kritical Experiment (SLOWPOKE®) research reactor. More

April 5, 2016

SNC-Lavalin appoints Sylvain Girard as Chief Financial Officer

SNC-Lavalin (TSX:SNC) is pleased to announce that, effective today, Sylvain Girard has been appointed as Executive Vice-President and Chief Financial Officer, succeeding Alain-Pierre Raynaud who is leaving the company to pursue other opportunities. More

April 1, 2016

MHIG files $330 million lawsuit against the MUHC and Government of Quebec

McGill Healthcare Infrastructure Group (MHIG), a partnership composed of SNC-Lavalin (TSX: SNC) and Innisfree, announced that it has filed today a lawsuit of 330 million dollars against the McGill University Health Centre (MUHC) and the Government of Quebec and is claiming compensation for additional costs incurred during the design and construction of the MUHC hospital centre’s Glen site (the Project), as well as for present and future costs related to managing and maintaining the hospital centre’s assets. More

March 2016

March 30, 2016

SNC-Lavalin finalizes sale of its interest in Malta International Airport

SNC-Lavalin Group Inc. (TSX: SNC) announced today that it has reached financial close on the sale of its indirect ownership interest in MMLC Holdings Malta Limited [formerly, SNC-Lavalin (Malta) Limited (“SNCL Malta”)] to an affiliate of Flughafen Wien AG for total cash consideration of approximately 64 million euros. The agreement to sell such interest was previously announced by SNC-Lavalin on February 1, 2016. More

March 3, 2016

SNC-Lavalin delivers good financial performance in fourth quarter 2015 and increases quarterly dividend

SNC-Lavalin Group Inc. (TSX:SNC) announces its results today for the fourth quarter and year ended December 31, 2015. More

March 1, 2016

SNC-Lavalin awarded $800 million EPC project in the Middle East

SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a significant oil and gas contract in the Middle East with an approximate value of $800 million. More

February 2016

February 23, 2016

SNC-Lavalin awarded four contracts by Sasol

SNC-Lavalin (TSX: SNC) is pleased to announce four recent contracts awarded by Sasol in South Africa. The first three contracts are based in the town of Secunda, located at approximately 130 km east of Johannesburg. More

February 10, 2016

SNC-Lavalin fourth quarter 2015 results conference call scheduled for March 3, 2016

SNC-Lavalin Group Inc. (TSX: SNC) will hold its fourth quarter results conference call with the financial community on Thursday, March 3, 2016, at 3:00 p.m. EST (Eastern Standard Time). More

February 4, 2016

SNC-Lavalin awarded engineering contract for operations support services by Emirates Global Aluminium

SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded an engineering services contract by Emirates Global Aluminium (EGA) to provide operations support services to EGA’s two aluminium smelters in the United Arab Emirates – namely Emirates Aluminium (EMAL) and Dubai Aluminium (DUBAL) . More

February 1, 2016

SNC-Lavalin enters into agreement to sell its ownership interest in Malta International Airport

SNC-Lavalin Group Inc. (TSX: SNC) announced today that it has reached an agreement to sell its indirect ownership interest in SNC-Lavalin (Malta) Limited (“SNCL Malta”) to an affiliate of Flughafen Wien AG for cash consideration of approximately 63 million euros, pending the satisfaction of certain closing conditions by both parties and subject to working capital adjustments. This is expected to take place in the first half of 2016. More

January 2016

January 14, 2016

SNC-Lavalin awarded contract by BWXT Canada Ltd. for steam generator tube cleaning contract in Romania

SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a contract by BWXT Canada Ltd. (BWXT Canada) for the primary side cleaning of the steam generator tubes at Cernavodă Unit 1, for the Societatea Nationala Nuclearelectrica S.A. (SNN) in Romania. More

January 11, 2016

SNC-Lavalin joint venture awarded $2.75 billion contract for execution phase of Darlington nuclear refurbishment project by Ontario Power Generation

SNC-Lavalin (TSX:SNC) is proud to announce that its 50/50 joint venture (JV) with Aecon Group has been awarded a $2.75 billion contract to carry out the execution phase of the Darlington Re-tube and Feeder Replacement (RFR) scope of work by Ontario Power Generation in support of the refurbishment of the Darlington Nuclear station. More

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