03:46 PM EST - SNC-Lavalin : said it received an engineering and procurement contract from Grizzly Oil Sands ULC for its new Algar Lake Steam Assisted Gravity Drainage facility located near Fort McMurray in north-eastern Alberta. The project consists of an initial 5,000-barrel-per-day SAGD central processing facility with associated well pads, flow lines, tank farm and eight-Megawatt cogeneration facility. Work has begun out of SNC-Lavalin's Calgary office and the detailed design of the project is expected to be completed in April 2011. SNC-Lavalin
shares T.SNC are trading down $0.25 at $46.95.
