Primoris Services Corporation Announces Procurement Phase of Engineering & Supply Contract Valued at over $30 Million
January 23, 2018 at 07:30 am
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Primoris Services Corporation announced that Primoris’ OnQuest has been released to proceed on a fired heaters procurement award for a new petrochemical facility in Alberta, Canada. OnQuest is part of Primoris’ Power, Industrial, and Engineering segment. The original award was for the design and supply of four fired heaters and was announced in October 2015. In 2016, the project was put on hold by the owner. OnQuest completed the engineering in 2017 and has now been released to proceed with the procurement of the heaters. The heaters are a critical component of a new multi-billion polypropylene facility, the first propane-to-plastics facility in Canada. The new facility will benefit from low-cost feedstock, as shale gas drilling has led to an abundance of propane in Canada. In addition to the heaters, OnQuest will be designing and supplying associated equipment including the integrated steam system and overall Burner Management System (BMS) for the heaters. Delivery of the heaters is expected in the second quarter of 2019.
Primoris Services Corporation is engaged in providing of infrastructure services. The Company provides a range of construction, maintenance, replacement, fabrication, and engineering services to a diversified base of customers through its two segments: Utilities, and Energy. The Utilities segment offers services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment operates throughout the United States and Canada and specializes in a range of services that include engineering, procurement, construction, retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, pipeline construction and maintenance, pipeline integrity services, and maintenance services for entities in the renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries.