Bay Street News

Aegion Corporation Awarded New Mechanical and Electrical Services Contract at the ExxonMobil Billings, Montana, Refinery

SAINT LOUIS, Mo., May 18, 2020 (GLOBE NEWSWIRE) — Aegion Corporation (Nasdaq Global Select Market: AEGN) today announced that a subsidiary of the Energy Services segment, Brinderson L.P. (“Brinderson”), has been awarded a contract as the primary onsite mechanical and electrical services contractor for ExxonMobil at the Billings, Montana, refinery, providing a variety of embedded services, including daily onsite maintenance and small capital projects. The transition is expected to be completed in the first half of 2020.
Brinderson will provide overall management and provision of mechanical and electrical services. Brinderson will also implement several of its proprietary performance improvement tools, including DelayTrak® and TimeTrak, which have a proven track record of delivering significant customer savings. Charles R. Gordon, Aegion’s President and CEO, said, “Following Brinderson’s recently completed transition in Salt Lake City, this award represents the second major oil refinery maintenance agreement in the Rocky Mountain region in 2020, and another positive milestone for our geographic expansion strategy into select new markets outside of the West Coast. We continue to pursue additional opportunities in the region to bring our high-quality refinery maintenance services to new customers.”     About Aegion Corporation (NASDAQ: AEGN)Aegion combines innovative technologies with market-leading expertise to maintain, rehabilitate and strengthen infrastructure around the world. Since 1971, the Company has played a pioneering role in finding transformational solutions to rehabilitate aging infrastructure, primarily pipelines in the wastewater, water, energy, mining and refining industries. Aegion also maintains the efficient operation of refineries and other industrial facilities. Aegion is committed to Stronger. Safer. Infrastructure.®More information about Aegion can be found at https://www.aegion.com/.Forward-Looking StatementsAegion® and the Aegion® logo are the registered trademarks of Aegion Corporation and its affiliates.For more information, contact:
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