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Business Developments & Projects

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Illustration; Source: i3 Energy
Business Developments & Projects

Canadian oil & gas player makes $225.4 million takeover bid for UK firm

Gran Tierra Energy has made a move to bring i3 Energy, the UK-based oil and gas player, into its fold by pursuing a $225.4 million business combination that will not only diversify but also expand its asset portfolio.

about 2 years ago
Gulf of Thailand field produces first oil
Business Developments & Projects

Gulf of Thailand development starts producing oil

Canada-based oil and gas company Valeura Energy has achieved the first oil production from a development located off the coast of Thailand, said to be a result of an efficient drilling program that was carried out below budget. The first three of the seven development wells at the Nong Yao C develop

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about 2 years ago
Cables for New York's largest clean energy project cross US-Canada border
Business Developments & Projects

Cables for New York’s largest clean energy project cross US-Canada border

The high-voltage direct current (HVDC) underwater and underground power cable project that will connect the Canadian border and New York has celebrated another construction milestone as cables have been floated across the U.S.-Canadian border marking the official start of marine installation work in

about 2 years ago
Woodfibre LNG
Business Developments & Projects

Canada’s $5.1 billion gas project embarks on blasting ops to make room for world’s first net zero LNG export terminal

An LNG project has kicked off blasting activities to lay the groundwork for the future installation of the planned export terminal in Canada.

about 2 years ago
GasChem Atlantic gas tanker
Business Developments & Projects

With natural gas cooling equipment drawing near, Canada LNG export terminal on track for first cargo in mid-2025

LNG Canada, a joint venture between Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, is awaiting the arrival of refrigerants in the form of liquified petroleum gas that will be used for cooling the natural gas delivered to its future liquefied natural gas (LNG) export facility in Kitimat, Canada’

about 2 years ago
Image: Illustration; Source: Stantec
Business Developments & Projects

As Canada’s LNG pipeline project changes hands, US and local firms entrusted with upcoming work

NW Infrastructure Limited Partnership, a joint venture between Canada’s Nisga’a Nation and Western LNG, has signed a purchase and sale agreement (PSA) to acquire a proposed gas transmission project in northern British Columbia, Canada from its previous owner, compatriot oil and gas player TC Energy.

about 2 years ago
Canada to support clean hydrogen trade with Germany with up to $300 million
Business Developments & Projects

Canada to support clean hydrogen trade with Germany with up to $300 million

Canada will commit up to $300 million to ensure the development of a transatlantic hydrogen trade corridor with Germany.

about 2 years ago
DP World
Business Developments & Projects

DP World backs decarbonization of Canada’s freight-transportation sector

DP World has joined the Net Zero Supply Chain (NZSC) Initiative, a collaborative effort dedicated to advancing the decarbonization of Canada’s freight-transportation supply chains.

about 2 years ago
Canada boosts green shipping corridor projects with fresh funding
Business Developments & Projects

Canada boosts green shipping corridor projects with fresh funding

The Government of Canada has awarded $1.7 million in funding to fourteen projects under the Green Shipping Corridor Program’s Clean Vessel Demonstration program.

about 2 years ago
Cedar LNG project (artist’s rendering); Courtesy of Cedar LNG
Business Developments & Projects

Samsung Heavy Industries books French player for work on Canada’s $4 billion FLNG project

GTT has picked up a new order from Samsung Heavy Industries, which will enable it to provide the tank design of a new FLNG unit, which will be deployed in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 2 years ago
LNG Canada (for illustration purposes); Source: LNG Canada
Business Developments & Projects

Canada’s crackdown on greenwashing: ‘Gag order’ for oil & gas industry’s climate action or greater transparency?

Canada has now tightened the reins on environmental stewardship with a bill that brings multimillion-dollar fines and jail time into play for those prone to bragging about climate action they cannot back up.

29 minutes read
LNG Canada marine terminal, Kitimat, March 2024; Courtesy of Shell-led LNG Canada
Business Developments & Projects

Canada’s first large-scale LNG export facility closing in on start-up date

LNG Canada has made inroads in putting the required pieces in place to bring its LNG export terminal into operation later this year.

about 2 years ago
Illustration; Source: Tilbury Pacific
Business Developments & Projects

LNG project forging ahead as Canada gives its blessing

Canada has greenlighted a project aiming to build a dock to supply trans-oceanic vessels with LNG at the Port of Vancouver.

about 2 years ago
Cedar LNG artist's rendering - View looking south from above Douglas Channel towards the proposed facility and docked LNG carrier; Source: Cedar LNG
Business Developments & Projects

Canada’s $4 billion hydro-powered floating LNG project is a go

A final investment decision (FID) has been made for a floating liquefied natural gas (LNG) (FLNG) facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa) on Canada’s West Coast.

about 2 years ago