CH2M HILL signed a significant master services agreement (MSA) with Statoil Canada Ltd. in support of its oil sands development in Alberta. Valued at nearly $1 billion (total installed cost), CH2M HILL’s MSA is for engineering, procurement, construction, and construction management services. The MSA includes projects in the current program, with additional future opportunities such as Project Corner, Statoil’s planned new steam-assisted gravity drainage field, valued roughly at an additional $1.2 billion in constructed value.
Northern Alberta, where Statoil’s Leismer Demonstration Project is being built, contains the world’s largest known reserves of oil-bearing sands. Statoil is developing this valuable resource in close consultation with local communities and environmental groups.
“We wanted a partner that shared our core values around being courageous, open, hands-on, and caring,” said Cindy McEwan, Procurement Manager, Projects with Statoil Canada, Ltd. “CH2M HILL’s reputation on ethics, the environment, and caring for people was a significant factor in our decision.”
The projects outlined in the initial program include reduced liquid discharge, sulphur recovery, sludge pond, solvent co-injection, well pads 5 and 6, and the acceleration project phases I and II.