Saudi Aramco seeks interest for work on unconventional gas

SNC-Lavalin (OTCPK:SNCAF) reportedly is one of four companies expressing interest in bidding for work on unconventional gas in Saudi Arabia, which is pushing ahead with plans to develop challenging shale deposits.

The Saudi Aramco project will involve building processing facilities, wellheads and pipelines for the gas in Turaif in the northern part of Saudi Arabia where the big Waad al-Shamal mining project is under development.

The three other interested bidders are said to be South Korea's GS Engineering and Construction, Italy's Maire Tecnimont and Japan's JGC.

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