Loading articles...

Civeo secures $41 million in new oilsands business

(Photo Supplied: Civeo says it will reopen its Athabasca Lodge thanks to a new two-year deal secured to provide accomodations for turnaround workers at a nearby oilsands site. Civeo / WEB)

Workforce accommodation provider Civeo announced Thursday that it has secured $41 million in contracts from its customers in the oilsands.

“We are very pleased to continue to win new work in this difficult operating environment,” said Bradley J. Dodson, President and CEO in a press release. “These recent contract wins demonstrate the strength of our brand, assets and service offering.”

The new contracts include a two-year accommodations deal that will see Civeo reopen its Athabasca lodge and also use rooms at its Beaver River Lodge to service the deal for an oilsands turnaround operation.

Mobile lodges and existing lodges will both be used to support a slew of shorter term contracts to support pipeline activity.

Civeo also extended a catering and operations contract by 15 months to provide catering and operations services at a 209 room lodge owned by one of the oilsands companies.