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North American Construction Awarded Two-Year, $125 Million, Oil Sand Construction Project
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North American Construction Awarded Two-Year, $125 Million, Oil Sand Construction Project
Nov 21, 2024 6:55 PM

05:13 PM EST, 11/21/2024 (MT Newswires) -- North American Construction Group Ltd. ( NOA ) after trade Thursday said its Mikisew North American Limited Partnership was awarded a $125-million heavy civil construction contract by a major producer in the oil sands region.

A statement noted the project involves building large diversion ditches to redirect water from upstream catchments away from active mining areas and releasing into downstream locations.

The company's shares closed up $0.11 to $27.53 on the Toronto Stock Exchange.

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