URS Corporation (NYSE:URS) added to its newly formed Oil & Gas division a nearly $130 million contract. The new division was formed with the completion of the acquisition of Flint Energy Services Ltd. With this acquisition, the URS expanded its presence in the oil and gas sector.
As per the contract, the company will act as a pipeline construction contractor for an important Steam Assisted Gravity Drainage (SAGD) oil sands project in the Wood Buffalo Region near Fort McMurray, Alberta. URS … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards