- ClearStream Energy Services (CSM) has announced $243 million in new project and contract awards
- The work will consist of a variety of services including maintenance, facility construction, abandonment and reclamation services
- Approximately 20 per cent of the work will be completed in 2022 with the balance scheduled for 2023-2025
- ClearStream Energy Services is a fully-integrated provider of upstream, midstream, and downstream production, construction and maintenance services
- ClearStream Energy Services Inc. (CSM) opened trading at C$0.04
ClearStream Energy Services (CSM) has announced several new project and contract awards booked between July 1 and August 9, 2022.
These awards are estimated to generate approximately $243 million in backlog.
The work, to be executed across ClearStream’s five divisions, including Flint, Environmental, Universal Weld Overlays, Wear Technologies, and ClearWater, will consist of heavy equipment operators, maintenance, turnarounds, fabrication, facility construction, corrosion and abrasion wear technologies, and abandonment and reclamation services.
Approximately 20 per cent of the work will be completed in 2022 with the balance scheduled for 2023-2025.
Barry Card, Chief Executive Officer of ClearStream, commented on the news.
“ClearStream’s continued commitment to customer service excellence, local community engagement, and its focus on safety, quality and predictable operational execution all contributed to these awards. We are proud to execute this work across a range of end markets, such as Energy, Forestry and Agriculture.”
ClearStream Energy Services is a fully-integrated provider of upstream, midstream, and downstream production services, including maintenance and turnarounds, facilities construction, welding and fabrication and environmental services.
ClearStream Energy Services Inc. (CSM) opened trading at C$0.04.