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Black Diamond awarded conditional contract

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LNG Industry,

Black Diamond Group Limited is pleased to announce that its Workforce Solutions business unit has been conditionally awarded a US$42.5 million camp contract.

The camp will provide remote workforce accommodations for the construction of the proposed Coastal GasLink Pipeline Project. The contract award is conditional upon a positive final investment decision by the Joint Venture Participants of LNG Canada.

In connection with its indigenous partnership with the West Moberly First Nations, the company has conditionally secured a 908-bed turnkey camp contract for 27 months to service the construction of the Project. Pipeline construction is expected to begin in early 2019 and first revenue is anticipated concurrently. The camp will be constructed utilising the company’s existing accommodation assets and any associated new capital investment required is expected to be nominal.

“We are excited that Black Diamond has been selected to support this major Canadian LNG project and we believe our large fleet of high quality accommodation assets leaves us well positioned for additional associated opportunities,” said Trevor Haynes, President and CEO of Black Diamond Group. “We believe this contract award will contribute significant value to our indigenous partners, our shareholders and to our customer.”

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Canada LNG news LNG export news Natural gas news