North American Construction Group announced that its subsidiary ML Northern Services has been awarded a five-year heavy equipment services contract with a major Canadian oil sands customer. The contract, which begins September 30, 2026 and runs through July 5, 2031, is the largest award in ML Northern's history and the largest heavy equipment services contract focused on fuel services in NACG's history. It is expected to add approximately $135 million to the company's contractual backlog and will be supported by existing fleet plus about $5 million in growth capital for twenty-five on-highway units and other support equipment. The scope involves supplying mobile fuel services for the customer's fleet of ultra-class and other large mining equipment across multiple mine sites.
North American Construction Group LtdAwarded largest fuel services contract in its history, adding ~$135M to backlog.