SERVICE SECTOR / BFC Pipelines Receives $250 Million In Contracts
BFC PIPELINES AWARDED PIPELINE CONTRACTS IN EXCESS OF C$250 MILLION
TSE, ASE, MSE (BFC), AMEX (BNC)
TORONTO, April 1 /CNW/ - BFC Construction Corporation announced today
that its pipeline division, BFC Pipelines, has been awarded a contract valued
in excess of $150 million by Wild Rose Pipe Line Inc. of Calgary, Alberta to
construct approximately 540 kilometres of 762 mm O.D. Pipeline. The
construction of the pipeline is subject to regulatory approval by the Alberta
Energy and Utilities Board. Wild Rose Pipe line is a subsidiary of IPL Energy
Inc. of Calgary. The work is situated in northeastern Alberta between Hardisty
and Suncor Energy Inc.'s production facilities located outside Fort McMurray.
Construction is scheduled from May 1998 through March 1999.
As well, BFC Pipelines has been awarded a contract valued in excess of
$100 million by Interprovincial Pipe Line Inc. of Edmonton, Alberta to
construct approximately 440 kilometres of 914 mm O.D. loopline, subject to
regulatory approval by the National Energy Board. The work is located along
the existing IPL pipeline corridor between Kerrobert and Langbank in the
province of Saskatchewan and is scheduled for construction from September to
December 1998.
BFC Construction Corporation is one of Canada's largest construction
companies. For nearly a century the Corporation has been delivering the
highest standards in construction innovation and integrated project solutions
enabling our customers to achieve their goals. BFC's areas of specialty
include civil, building, nuclear, industrial, utilities and pipeline
construction, engineering, procurement and construction management. |
