(MENAFN) SNC-Lavalin Fayez Engineering (SLFE), established by Canadian engineering firm SNC-Lavalin and Saudi Zuhair Fayez Partnership, bought the industrial division of the Saudi partner, the Construction Week reported.
SLFE will be bidding on contracts to support the implementation of Saudi Aramco's program of energy, infrastructure and refining projects.
The JV was formed partly in response to Saudi Aramco's General Engineering Services Plus (GES+) initiative, which aims to develop engineering capabilities in the Kingdom.
SLFE is already undergoing engineering services for the GES+ initiative for projects which are being bid on in-Kingdom by four Saudi Aramco-qualified GES+ contractors.
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