Macro Signs Construction Contract for Saturn Compressor Stat Macro Signs Construction Contract for Saturn Compressor Station
May 8, 2019
GlobeNewswire
Macro Enterprises Inc. (TSXV:MCR) (the "Company" or "Macro") is pleased to announce that it has been awarded a contract for the construction of the Saturn Compressor Station, a single-unit greenfield compressor station located near Dawson Creek, B.C. that is part of the NOVA Gas Transmission Ltd. ("NGTL") North Montney Mainline Project. NGTL is a wholly owned subsidiary of TransCanada Pipelines Limited.
The lump-sum contract value is in excess of $30.0 million. The work includes the removal, transportation and installation of a single 15.1 MW ISO rated gas-turbine-driven centrifugal compressor unit consisting of a Solar T130 Dry Low Emissions (DLE) gas turbine, a C65-2 compressor, and associated auxiliary buildings from the Moody Creek Alberta Compressor Station to the Saturn Compressor Station. High pressure gas piping, and utility piping and cable interconnects between buildings will all be newly fabricated and installed at the new site (Saturn.) Some new structural steel packages along with the relocation of existing structural steel as per the drawing package will be required.
Construction is expected to commence in early May 2019, with substantial completion and in-service scheduled for the second quarter of 2020.
In addition, Macro is continuing its construction of the Groundbirch Compressor Station on the NGTL project with its expected completion scheduled for the third quarter of 2019.
The Company
Macro's core business is providing pipeline and facilities construction and maintenance services to major companies in the oil and gas industry within Canada. The Company's corporate office is in Fort St. John, British Columbia. Its shares are listed on the TSX Venture Exchange under the symbol MCR. Information on the Company's principal operations can be found at www.macroindustries.ca