SNC-Lavalin, Saudi Aramco sign MoU supporting in-country opportunities

MONTREAL — SNC-Lavalin and Saudi Aramco today signed a Memorandum of Understanding (MoU) signaling SNC-Lavalin's continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia.

The MoU supports Saudi Aramco's In-Kingdom Total Value Add (IKTVA) program, which applies to Saudi Aramco suppliers and drives the localization of oilfield services and equipment value chain, to strengthen and diversify the Saudi economy; transfer technologies, skill and knowledge through training and development; and create thousands of new jobs for the growing Saudi population.

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