ALBERTA – Global engineering and design firm Stantec
has signed a Letter of Intent to acquire Norwest Corp
. With the addition of Norwest, Stantec’s Energy and Resources business operating unit will add a strong mining practice to the company’s portfolio in western Canada.
Norwest, a 140-person energy and resources firm headquartered in Calgary, has offices in Vancouver; Denver and Trinidad, Colorado.; Salt Lake City, Utah; and Charleston, West Virginia.
Norwest has been involved with western Canadian energy and mining projects for over 35 years. The firm has a long standing involvement with resource assessment, and mine development in Alberta’s oil sands working closely with clients from early development stages through to operations and reclamation. Norwest’s capabilities span the full project life cycle which includes drilling project management, oil sands geological deposit modeling, surface mine planning, hydrology, and geotechnical engineering. More recently, Norwest has shifted focus to partnering with oil sands operators who require design and construction of compensation lakes, tailings dam design, and on-site geotechnical monitoring.
With the addition of Norwest to Stantec’s current Energy and Resources operations, the mining sector in western Canada will grow to over 100 employees. In the Vancouver market, Norwest’s presence has assisted in the re-development of the northeast British Columbia coal mining sector, and new metal mine development projects. In the United States, Norwest has established itself as the leading coal mining consultant with expertise in resource and reserve assessments, mine planning, mineral processing, water management, permitting, and due diligence activities.
Norwest has successfully supported a number of international mining projects in eastern Europe, South America and China, drawing on their leadership in geology, mining engineering, and tailings management from their North American offices.
The Norwest acquisition is expected to close in Q2 2018.
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