Civeo Corp. secures CAN$41 million in new Canadian oil sands business

Civeo Corp., one of the largest integrated providers of workforce accommodations, logistics and facility management services to the natural resource industry, has reported that it has won contracts for Canadian oil sands customers totaling approximately CAN$41 million.

The new contracts include:

• A two-year accommodations contract to support the facility turnarounds of an oil sands customer in 1H16 and 2017. Civeo will reopen its Athabasca lodge and also use rooms in its Beaver River Lodge to service this contract.
• Multiple shorter term contracts to support pipeline activity using both existing lodges and mobile assets.
• The extension of a catering and operations services contract, supporting 290 customer-owned rooms in the Alberta Oilsands region, for a 15–month period. This award is the continuation of a contract under which Civeo has been providing catering services to a customer since 2005, supporting operating personnel at an existing oil sands mine.

Bradley J. Dodson, Civeo's President and CEO, remarked: "We are very pleased to continue to win new work in this difficult operating environment. These recent contract wins demonstrate the strength of our brand, assets and service offering.”

Edited from press release by Angharad Lock

Read the article online at: https://www.oilfieldtechnology.com/exploration/28012016/civeo-corp-secures-can41-million-in-new-canadian-oil-sands-business-2303/