North American Construction Group Lands $135 Million Five-Year Fuel Services Contract
NOA•North American Construction Group’s ML Northern won a five-year mobile fuel services contract starting September 30, 2026, in Alberta’s oil sands to service a customer’s ultra-class mining fleet. The deal adds approximately $135 million to NACG’s contractual backlog through July 5, 2031, requiring about $5 million for 25 on-highway units.
1. Contract Details
North American Construction Group’s subsidiary ML Northern will begin a five-year mobile fuel services contract on September 30, 2026, servicing a Canadian oil sands customer’s ultra-class and large mining equipment fleets across Alberta mine sites.
2. Financial Impact
The agreement runs until July 5, 2031, adding approximately $135 million to NACG’s contractual backlog and requiring about $5 million in capital expenditures to acquire 25 on-highway fueling units and support equipment.
3. Strategic Significance
As the largest award in ML Northern’s history, this contract strengthens NACG’s recurring revenue profile with a blue-chip oil sands customer and highlights the company’s ability to convert visible tender opportunities into long-duration contractual backlog under its organic growth strategy.
