Press release from Marketwire
ATCO to Provide Site Services at Sunrise Energy Project
Contract for provision of fire protection, medical services, security, ground transportation and gravel pit management
Wednesday, May 11, 2011
CALGARY, ALBERTA--(Marketwire - May 11, 2011) -
A photo for this release will be available via Marketwire on the picture wire of The Canadian Press
ATCO Structures & Logistics (ATCO) has been awarded a significant contract to provide common site services at the Husky-operated Sunrise Energy Project located 60 km northeast of Fort McMurray. ATCO will be providing fire protection, medical services, security, ground transportation and gravel pit management at the site. ATCO will also be providing modular offices and other structures to support the delivery of services.
"ATCO has built an international reputation in delivering site services for NATO, the Government of Canada and the United Nations," said Harry Wilmot, President & Chief Operating Officer, ATCO Structures & Logistics. "We look forward to providing these services to the Husky-BP project, our first site services contract in the energy sector."
The awarding of this contract will also play a significant role in the development of local Aboriginal business opportunities in the Wood Buffalo region. Through Aboriginal joint ventures and partnerships across Canada, ATCO has delivered project excellence while maximizing opportunities for local employment and economic participation.
The Sunrise project is a joint venture between Husky Energy and BP PLC that has regulatory approval to produce 200,000 barrels-per-day (bpd). The partners are proceeding with Phase 1 of the project, which is designed to produce 60,000 barrels of oil per day (bpd) by 2014 using steam assisted gravity drainage technology.
ATCO Structures & Logistics offers modular buildings, operational support services and industrial noise control solutions worldwide. With manufacturing facilities in North America, South America and Australia, and operations on five continents, the company has the expertise to deliver a rapid, turnkey solution anywhere it is needed. To learn more, visit www.atcosl.com.
ATCO Structures & Logistics is part of the ATCO Group of Companies. ATCO Group, with more than 7,700 employees and assets of approximately $10 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquids extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions). More information can be found at www.atco.com.
Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Corporation believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Corporation's expectations as of the date hereof, and is subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
FOR FURTHER INFORMATION PLEASE CONTACT:
George Lidgett ATCO Structures & Logistics Executive Vice-President (403) 292-7870