Uqsuq Corporation marks 25 years of managing fuel for Iqaluit
IQALUIT, NU and CALGARY, AB, July 29,
2021 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX:
ACO.Y)
Nunavut Petroleum Corporation and ATCO Frontec, an ATCO company,
today announced their joint venture Uqsuq Corporation has been
awarded a 10-year $600 million
contract to manage and operate Iqaluit's 79-million-litre bulk fuel storage
facility, pipeline distribution system and municipal fuel delivery
system. The contract for managing this critical energy
infrastructure also has a five-year option period.
The contract was awarded by the Petroleum Products Division of
the Government of Nunavut and
provides the complete end-to-end management of bulk fuel for
Iqaluit, including purchase,
receipt and management of annual bulk fuel deliveries; airport
refueling operations; infrastructure maintenance; quality
assurance; and environmental response. There is a short window to
transport fuel and goods to the remote North when only accessible
by plane or boat. Uqsuq, formed in 1996, has been a critical
partner to the Government of Nunavut, and has been providing the fuel
services to the city for the past 25 years. The new fuel contract
was re-awarded under a competitive bid process.
"Uqsuq is an example of how we promote sustainable economic
growth and build capacity for Inuit communities through trusted
partnerships," said Harry Flaherty,
President, Uqsuq and Qikiqtaaluk Corporations. "We look forward to
continuing to provide this essential service over the next 10
years, fueling the economy with employment and business
opportunities."
"Strong, mutually-beneficial relationships with our Inuit
partners is important to the success of this contract, in addition
to many of our other projects in Canada's North," said Jim Landon, President, ATCO Frontec. "Uqsuq is
one of our longest-standing partnerships and it truly represents
collaboration and respect."
ATCO Frontec has built a strong foundation of work in
Northern Canada, including
providing facility management services at five Department of
National Defence sites across the North. In addition, it has
several Inuit partnerships with operations that include facility
management services at Canadian Forces Station Alert and the
maintenance of 157 microwave sites across Northern Canada for NorthwesTel. And recently,
Nunavut Arctic Services Ltd, Frontec's new joint venture with a
majority Inuit partner, was awarded a five-year contract to
provide facility management services at the Canadian High
Arctic Research Station (CHARS), located in Cambridge Bay, Nunavut. "Working and
operating in the North requires specialized skills and knowledge to
meet the unique challenges of these remote locations," added Mr.
Landon.
About Nunavut Petroleum Company
NPC is a partnership
between Qikiqtaaluk Corporation and Nunasi Corporations.
Qikiqtaaluk is the Inuit birthright development corporation formed
in 1983 for the Qikiqtani Region, with a mandate to strengthen the
social and economic well-being of Nunavut and the 15,500 Inuit it represents.
Established in 1976, Nunasi is also a birthright development
corporation wholly owned by the Inuit of Nunavut, committed to investing and growing
businesses that provide responsible returns to its shareholders.
More information can be found at
www.qcorp.ca/qc-services/nunavut-petroleum-corporation.
About ATCO Frontec
ATCO Frontec is a division of ATCO
Ltd. With approximately 6,200 employees and assets of $22 billion, ATCO is a diversified global
corporation with investments in the essential services of
Structures & Logistics (workforce and residential housing,
innovative modular facilities, construction, site support services,
workforce lodging services, facility operations and maintenance,
defence operations services, and disaster and emergency management
services); Utilities (electricity and natural gas transmission and
distribution, and international electricity operations); Energy
Infrastructure (electricity generation, energy storage and
industrial water solutions); Retail Energy (electricity and natural
gas retail sales); Transportation (ports and transportation
logistics); and Commercial Real Estate. More information can be
found at www.atco.com.
For more information please contact:
Nunavut Petroleum Corporation
Harry Flaherty
President, Uqsuq
HFlaherty@Qcorp.ca
T: 867 979 8403
ATCO
Investor Inquiries:
Colin
Jackson
Senior Vice President, Finance, Treasury, Risk &
Sustainability
Colin.Jackson@atco.com
T: 403 808 2636
Media Inquiries:
Kurt
Kadatz
Senior Manager, Corporate Communications
Kurt.Kadatz@atco.com
T: 587 228 4571
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SOURCE ATCO Ltd.