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ClearStream announces $243M in new contracts

CALGARY — ClearStream Energy Services Inc. announces several new project and contract awards that were booked during the period from July 1, 2022 to the date of this press release. These awards are estimated to generate approximately $243 million in backlog.

The work will be executed across ClearStream’s five divisions including Flint, Environmental, Universal Weld Overlays, Wear Technologies, and ClearWater; and will be comprised of Heavy Equipment Operators, Maintenance, Turnarounds, Fabrication, Facility Construction, Corrosion and Abrasion Wear Technologies, and Abandonment and Reclamation services. Approximately 20% of the work will be executed in 2022 with the balance scheduled for 2023-2025.

“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,” said Barry Card, Chief Executive Officer.