$80 Million In New Backlog For ClearStream
ClearStream Energy Services Inc. announced contract renewals with major upstream, midstream and downstream energy companies in Canada, representing a 100 per cent contract renewal rate for the fourth year in a row.
Those renewals, together with new project awards from upstream and midstream energy and petrochemical companies, are estimated to generate approximately $80 million in new backlog.
ClearStream’s Flint, UWO and Environmental divisions will be executing the work, which will consist of facility and pipeline construction, maintenance, turnarounds, heavy equipment operators and environmental professional services. A portion of the work will start immediately with the remainder expected to begin in the first quarter of 2020.
- Oilfield Services
- Service and Supply