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NACG announces five-year oilsands contract

NACG announces five-year oilsands contract

ACHESON, ALTA.—North American Construction Group Ltd. (NACG) has announced a five-year contract has been awarded to Mikisew North American Limited Partnership (MNALP) by a major oilsands producer.

NACG noted that given the contractual scope included in the award, the new agreement qualifies as backlog which is estimated at $125 million. The company added that based on the heavy equipment fleet and its experience at the site, the contractual backlog represents approximately one-third of the work it will complete over the contract term.

NAGC said the contract award bolsters and adds to its combined backlog which was at $1.7 billion last December.

Joe Lambert, president and CEO, said in a statement: “It is gratifying to see our Indigenous partnership be recognized and rewarded by our customers. We have a great working relationship with the Mikisew Group and continue to find mutually beneficial ways to grow and expand our partnership. I am confident the continued safe, low-cost and sustainable partnership model that won us this scope will continue to provide competitive advantage and opportunity in the future.” 


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