Aegion Corporation (“Aegion” or the “Company”) (Nasdaq Global Select Market: AEGN) today announced that its subsidiary, Aegion Coating Services, has been awarded a contract valued at $7 to $10 million to provide robotic internal field joint coating on over 55 miles of 24- and 28-inch pipelines at a mine located 14,000 feet above sea level in South America. The contract includes an estimated cost for rental equipment and the final project value will depend on the actual duration of the project.

Work on the project is expected to begin in mid-2019 and to be completed by early 2020. It is anticipated that Aegion Coating Services will employ approximately 40 people in South America to complete this project.

Charles R. Gordon, Aegion’s President and Chief Executive Officer, said, “Our Aegion Coating Services team has been partnering with engineering firms and the client for over seven years to provide an effective corrosion protection solution for pipelines installed at this mine. Safety is our highest priority on every project at Aegion, and our team is prepared to navigate the extreme altitude conditions of this project and deliver value through our proven robotic coating technology.”