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Minera Petaquilla, S.A. Selects CH2M HILL As Owner's Engineer for Panamanian Power Plant

Posted on: Wednesday, 3 September 2008, 18:00 CDT

CH2M HILL, a global full-service engineering, procurement, construction, and operations firm, has been retained by Minera Petaquilla, S.A. (MPSA) to perform preliminary engineering for a coal-fired power station at Punta Rincon, Colon Province, Republic of Panama.

CH2M HILL will be responsible for preparing the engineer, procure, construct (EPC) technical documents necessary to solicit international bids for an EPC contractor to complete the power station. Working with Swiss Energy LLC., CH2M HILL will also assist in the development of the power plant design criteria.

"We see this as an exciting opportunity to expand our current Panamanian activities and bring to our client multinational sourcing to provide much needed new energy to the region," says Robert Smith, CH2M HILL project manager.

The engineering for the power station will complement the larger Petaquilla development being undertaken by MPSA to develop a large open-pit copper mine with processing and auxiliary facilities at its mining concession in Panama.

Minera Petaquilla, S.A. is a joint venture company developing its world-class deposit in the Republic of Panama. The company is owned by Inmet Mining Corporation, Petaquilla Copper Ltd. and Teck Cominco Ltd.

Headquartered near Denver, Colo., employee-owned CH2M HILL is a global leader in engineering, procurement, construction, management and operations for government, civil, industrial and energy clients. With $5.8 billion in revenue and more than 25,000 employees, CH2M HILL is an industry-leading program management, construction management and design firm, as ranked by Engineering News-Record (2008). The firm's work is concentrated in the areas of energy, water, transportation, environmental, nuclear and industrial facilities. The firm has long been recognized as a most-admired company and leading employer, including being named by FORTUNE as one of the 100 Best Companies to Work For and one of America's Most Admired Companies (2008). Visit www.ch2mhill.com.

 Contact: Lori Irvine Phone: 720.286.3137 E-Mail: Email Contact

SOURCE: CH2M HILL


Source: MARKET WIRE

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