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Promisol Contract Awarded to Valerus for Gas Expansion Project

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Complete Expansion of Córdoba, Colombia Facility

Expected to Boost Latin American Supply

HOUSTON, TX (August 26, 2015) – Valerus Field Solutions (www.valerus.com), Member of the SNC-Lavalin Group and one of the world’s leading providers of oil and gas handling services and equipment, announced today it has been awarded a contract from Promisol to provide engineering, procurement and construction of a gas treatment and booster station in Córdoba, Colombia.

The expansion gas station, including 8400 hp of compression, will deliver treated gas to a gas pipeline in Colombia. Valerus has been contracted to manage all aspects of the project, from designing complete expansion of the facility – including civil, mechanical and electrical engineering – to supervising construction and commissioning on site.

“Valerus and SNC-Lavalin’s deep experience in Latin America, coupled with our proven ability to deliver quality turnkey solutions for our clients, makes this contract a natural fit,” said Steve Gill, CEO of Valerus. “We have a large presence in the region, with Oil & Gas offices and projects in Colombia, Peru and Trinidad & Tobago. Our team looks forward to partnering with Promisol to deliver the expansion project safely and on schedule.”

About Valerus
Valerus, Member of the SNC-Lavalin Group, is a worldwide leader in integrated oil and gas handling and processing. Valerus manufactures reciprocating compressor packages, production equipment, gas processing solutions, liquid separation systems and provides engineering, procurement, construction and commissioning/ start-up services. Its mission is to deliver tailored solutions for its customers through an extraordinary focus on efficiency and performance. Valerus is committed to achieving the highest standards in health, safety and environmental responsibility. For more information visit www.valerus.com.

About SNC-Lavalin

Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin’s employees provide EPC and EPCM services to clients in a variety of industry sectors, including mining and metallurgy, oil and gas, infrastructure and clean power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions.

The Oil & Gas (O&G) business sector of SNC-Lavalin has a significant presence in Latin America, including operations in Colombia, Peru and Trinidad & Tobago. The O&G team currently stands at 2,500 employees, with more than 100 projects executed historically across the region. We are currently executing 16 projects in Colombia. www.snclavalin.com

About Promisol

Promisol is a Colombian company that develops and implements energy management solutions and systems mainly for the oil & gas industry. It is a subsidiary of Promigas, a corporation with significant trajectory in the natural gas sector in this country and with businesses dedicated to the transmission of natural gas, electrical power and natural gas distribution and integrated solutions for the hydrocarbon industry with operations in Colombia and Peru.

 CONTACT:

Chris Wailes
cwailes@piercom.com

Pierpont Communications
Houston, Texas
713.627.2223 (office)
713.585.5144 (mobile)


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