09.10.2014 - SNC says commodity slump delaying infrastructure projects
The global commodity slump and slowing growth in China will delay any significant uptick in oil and gas infrastructure projects until at least 2016, the head of Canada’s largest engineering firm says. Robert Card, chief executive officer of SNC-Lavalin Group Inc., said there are a handful of bright spots for new oil and gas development in parts of the United States and Canada, where unconventional drilling is under way, but aside from that “there isn’t anything happening anywhere.”..............................................Full Article: Source
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