Two companies are coming together to work on Suncor Energy’s Fort Hills site north of Fort McMurray.
Aecon and Mikisew Group of Companies recently formed a joint venture and have been awarded a Master Service Agreement by Fort Hills Energy L.P. for overburden removal and other major civil and earthworks at the oilsands site.
“The addition of this partnership to our group of Nation-owned companies allows us to add heavy civil construction to our portfolio,” said Edward Courtoreille, Chief Executive Officer, Mikisew Group of Companies. “We look forward to growing the Mikisew Aecon Limited Partnership to allow us to reinvest profits generated within our businesses, and ultimately the Mikisew Cree First Nation.”
Work on the initial projects began in the second quarter of this year and both are expected to reach completion in the second quarter of 2019.
The two MSA contracts are expected to have an estimated aggregate value of approximately $100 million.