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1 Sign Up with the Oilfield News Online w w a Published By: NEWS COMMUNICATIONS since 1977 Wednesday December 13th 2017. On a recent trip to South Africa, conditions and provide predictability through training and development;. African Energy Secretary of Energy Rick and security in the development and create thousands of new jobs Stakeholders Perry commented how energy phase of energy projects in Africa. for the growing Saudi population. to Meet Leading increases security for the young. An Left: Ed Royce, Chairman: House Neil Bruce, President & Chief International obvious corollary is how increased Foreign Affairs Committee, addresses Executive Officer of SNC-Lavalin, Businesses in security increases confidence which delegates at the 3rd Powering was present for the signing, and said: Washington, to enables better learning, stronger Africa: Summit in March 2017 SNC-Lavalin has been operating in Discuss investment ideas and employment, and in Saudi Arabia for over 40 years, with a Partnerships the end a more ready and able SOURCE EnergyNet clear commitment to developing local consumer - which will really turn talent and creating opportunities for The Powering Africa: Summit will the lights on across the continent.

2 Local supply chain. In recent years, our SNC-Lavalin and return to the Marriott Marquis South Africa is a different opportunity. Saudi Aramco sign presence has grown rapidly, in large Hotel in Washington from With the Government's recent MoU supporting part due to our ongoing Saudization 28 February to 2nd March announcement that all outstanding in-country efforts and on ground presence.. 2018 to discuss opportunities renewable IPPs will be signed opportunities to develop and invest in power I am proud to sign the agreement immediately, the billions of dollars today, which reflects our long- projects on the African continent. committed to the country are theirs SNC-Lavalin (TSX: SNC) and Saudi term commitment to the region Whilst the market has hesitated in to lose. However, legal issues around and our valued and trusted the security of contracts' is now Aramco today signed a Memorandum some key economies, the likes of of Understanding ( MoU ) signalling relationship with Saudi Aramco, Uganda, Cote D'Ivoire, Senegal, under the spotlight more than ever.

3 And gives a working platform to This has sent ripples across the SNC-Lavalin's continued commitment Zambia and Ghana are booming to creating and accelerating accelerate our ongoing efforts to with projects including the multibillion continent for investors employing meet and exceed the objectives huge workforces and committing opportunities for local workforces dollar Uganda-Tanzania Oil Pipeline, in the Kingdom of Saudi Arabia. set within the IKTVA initiative.. which currently has investors buzzing. millions in development costs before projects are even closed. The MoU supports Saudi Aramco's Christian Brown, President, Oil & Gas, In larger economies including In-Kingdom Total Value Add SNC-Lavalin, added: Our work for Morocco, Nigeria and Egypt, investors To support the above points, at Saudi Aramco is of great importance the conference in Washington ( IKTVA ) program, which applies are honing in on a potential avalanche to Saudi Aramco suppliers and to us; we have close to 10,000 team of projects.

4 When these start crossing decision-makers will double down members working in the country and discussions to get projects moving. drives the localization of Oilfield the finish line, the lives of millions services and equipment value putting in place such a framework will change for the better and host The Summit will explore tools being around iktva means we can continue offered by Power Africa, World chain, to strengthen and diversify governments will be healthier than the Saudi economy; transfer to grow and execute additional ever, allowing for more investment Bank, IFC and other institutional scopes on behalf of Saudi Aramco. investors to stabilise market technologies, skill and knowledge and global partnerships to take root. Oilfield News | 1. Our presence, scale and experience Japan, Thailand, Malaysia, Indonesia that the assets are placed in a in the region mean we are well and Mongolia to form a strategic Bruin Point Helium good geological location for potential placed to implement this, and we see partnership.

5 Meanwhile, Tunghsu Commences Work helium accumulations to be present . strong demand for similar initiatives Optoelectronic also signed an Program Bruin Point Helium Corp. (the Following several years of planning, supporting economies and social Exclusive Agency Contract and Sale Bruin Point can now commence development in our active bidding. Contract of more than RMB 10 million Company or Bruin Point ) (TSX. Venture: BPX) Mr. Frank Jacobs, the exploration of the acreage. About SNC-Lavalin with Okura Co., Ltd. for Graphene Management visited the area and Thermolysis High Power LED Lights. CEO, is pleased to provide this Founded in 1911, SNC-Lavalin is a update on the commencement of has recommended to the Board global fully integrated professional The Belt and Road initiative provides the Company's work program.

6 The to acquire another 55 miles of services and project management more strategic opportunities for Company is an early-stage helium reprocessed seismic data and plan company and a major player in the corporations. The parties involved in exploration and development company for a vertical exploratory wells. ownership of infrastructure. From the contracts have decided to build recently listed on the TSX Venture Bruin Point is led by a team with a offices around the world, SNC- the development community in order Exchange which is now initiating the track record of success. CEO Frank Lavalin's employees are proud to construct the IoT management exploration of the acreage held by the Jacobs, a petroleum engineer with to build what matters. Our teams platform for a smart city integrated Company for the potential of helium, 35 years of operational experience in provide comprehensive end-to- with smart energy management, carbon dioxide and hydrocarbons.

7 Drilling and production, is supported end project solutions including smart city administration, smart city by Chief Financial Officer and Chief safeguards, smart communication and Founded in December 2014, Bruin capital investment , consulting, Point was established to acquire and Operting Officer, Lawrence Pemble. design, engineering, construction, smart transport to realize intelligent Additionally, David Sidoo serves thermal management, intelligent assess the helium potential of areas sustaining capital and operations and in North America. Identifying the as Chairman and Nick DeMare as maintenance to clients in oil and gas, lighting, intelligent travel and to speed a Director. The Company holds a up the establishment of smart cities, rapid growth in demand for helium as mining and metallurgy, infrastructure a result of new applications across 100% working interest ( WI ) and an and power.

8 On July 3, 2017, SNC- based upon the new technologies of net revenue interest ( NRI ), graphene and the wide application of healthcare, technology and other Lavalin acquired Atkins, one of the industries, the Company secured a with 10% being held by the BLM, world's most respected design, new energy vehicles, as well as bid Amerillo Field Office, and to data, cloud computing and Internet. ten-year lease for 12 Federal licenses engineering and project management totaling 17,767 acres within the prolific the original vendor of the assets. consultancies. Tunghsu Optoelectronic is the leading resource-generating Greater Uinta Helium is the primary target of the SOURCE SNC-Lavalin manufacturer and supplier of high- Basin area in Carbon County, Utah. firm's exploration efforts.

9 The price of end intelligent equipment in China, helium has doubled in the last decade which is a public listed corporation The Greater Uinta Basin has potential Tunghsu for extraction of helium, carbon dioxide and reliable demand projections and the subsidiary of Tunghsu forecast further growth, making this Optoelectronic, Group. Its business include the R&D and both oil and gas. The acreage held a Leading Chinese by the Company is close to established the perfect time to establish the and manufacturing of optoelectronic Company's foothold in the market. Graphene displaying materials, the high-end oil production to the South West and application provider, carbon dioxide production to the west. Amid uncertainty of supply from Qatar, equipment manufacturing and system support for new North American helium signs Cooperation integration, the industrialization An exploration well within the Bruin Agreements with the Point acerage and another well less players is expected to be strong.

10 Of graphene applications, the Institutions in 5 Asian R&D and production of new than a mile from the acreage boundary Countries energy vehicles, the construction both contained helium. Independent of smart cities, etc. Therein, the Qualified Reserves Evaluators construction of smart cities has the Gustavson Associates LLC, based On December 12, Tunghsu in Boulder Colorado, completed their Optoelectronic signed Agreement on distinguishing feature, driven by the industry of graphene applications. National Instrument 51-101 report1. Cooperation for Jointly Building Smart to assess the resource in August Cities with the related institutions in SOURCE Tunghsu 2017. The encouraging report notes Oilfield News | 2. _____ Forward-looking statements are based become the mainstream approach effective PV products meet the ever 1 National Instrument 51-101 on a number of assumptions which for high-performance PV products increased demand for clean energy - Resource Evaluation Report: may prove to be incorrect, including, in the past few years.