Amec Foster Wheeler Signs MOU to Develop Muskowekwan Potash Project, Canada
Amec Foster Wheeler has signed a memorandum of understanding (MOU) with Muskowekwan Resources Ltd (MRL), a wholly-owned operating company of the Muskowekwan First Nations and Encanto Potash Corp.
MRL and Encanto have a joint venture agreement to develop the Muskowekwan Potash Project — the first mining project in Saskatchewan, Canada, on First Nations land.
The MOU sets forth the terms of engagement under which Amec Foster Wheeler aims to provide First Nations members and businesses with opportunities for employment, training, and mentoring during each phase of the project, and is part of the company’s approach to sustainability that includes integrating social, environmental and economic conditions into the company’s values and operations. This includes establishing and maintaining the social license to operate and integrating sustainability goals into the early stages of every project.
“The foundation of the memorandum of understanding is based on our strong relationship with the Muskowekwan First Nation community. We are truly honored to have signed this historic agreement that will help foster a culture of economic independence, ownership, and entrepreneurship amongst First Nations and local communities,” said Duane Gingrich, senior vice president, mining at Amec Foster Wheeler.
“We look forward to working with Amec Foster Wheeler on this significant agreement to advance this opportunity. This agreement is a good step towards our goal of generating our own source revenues and providing access to training and employment for our people,” said Reg Bellerose, Muskowekwan chief and president of MRL.
“Working with Amec Foster Wheeler since their introduction to Encanto by Chief Bellerose has been an enormous help for the project. The team is always available, detail oriented and very devoted to helping us succeed. This relationship is exemplary of how First Nations business people, engineers, and international corporations work together on building industry to secure the future,” said Stavros Daskos, president and CEO of Encanto Potash Corp.
Muskowekwan, a Saulteaux (Ojibway) First Nation located approximately 140 km northeast of Regina, will receive a revenue stream through its participation in the project, and will be supported by engineering experts from Amec Foster Wheeler.
About Amec Foster Wheeler
Amec Foster Wheeler designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors. Employing around 36,000 people in more than 55 countries and with 2016 revenues of £5.4 billion, the company operates across the oil and gas industry — from production through to refining, processing and distribution of derivative products — and in the mining, power and process, pharma, environment and infrastructure markets. Amec Foster Wheeler offers full life-cycle services to offshore and onshore oil and gas projects (conventional and unconventional, upstream, midstream and downstream) for greenfield, brownfield and asset support projects, plus leading refining technology.
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