Quanta subsidiary wins bid to work on massive oil pipeline

Quanta Services Inc., Houston, said Trans-Canada Corp. has selected Price Gregory Services Inc., one of its operating units, to be part of a joint venture called MPS Constructors LLC that will build 1,179 miles of pipeline and related infrastructure from Hardisty, Alberta, to Steele City, Neb., as part of the TransCanada Keystone XL Pipeline project. Jim O’Neil, president and CEO of Quanta Services, said in a press statement that the pipeline project is expected to directly create thousands of construction and manufacturing jobs in the United States, including at least 2,000 construction jobs for Quanta alone. TransCanada said if construction of the pipeline begins early in 2012, it will be operational in the second half of 2013.