SNC-Lavalin awards project to ExxonMobil for building oil facility in Iraq | ||
26/09/2015 | ||
Maxim Sytchev of Dundee Capital Markets estimated SNC-Lavalin's (TSX:SNC) share of project at about $500 million, with the same amount going to a regional partner. The contract would represent about 11 per cent of SNC-Lavalin's oil and gas sector backlog and four per cent of the company's $12.4 billion in contract bookings. The analyst said the contract underlines SNC's ability to source oil and gas work globally, something Sytchev said investors don't fully appreciate. | ||
Last Update:: 26/09/2015 | ||
Iraq Directory |