Gulf Oil and Gas accountACCOUNT

Enbridge to Develop Wood Extension Pipeline for Fort Hills & Suncor

Source: www.gulfoilandgas.com 10/30/2013, Location: North America

Enbridge Inc. announced that it has been selected by the Fort Hills partners (Suncor Energy Inc., Total E&P Canada Ltd. and Teck Resources Limited) as well as Suncor Energy Oil Sands Limited Partnership (Suncor) to develop a new $1.6 billion pipeline to transport crude oil production under long term transportation commitments to Enbridge's mainline hub at Hardisty, Alberta. The Wood Buffalo Extension pipeline will transport volumes from the proposed Fort Hills oil sands project as well as growth from Suncor's existing oil sands operations. The pipeline remains subject to Suncor board approval, as well as customary regulatory approvals.

Enbridge will transport as much as 490,000 barrels per day of diluted bitumen produced at the Fort Hills Partners' project in northeastern Alberta and Suncor's growing oil sands production in the Athabasca region. The pipeline will be an extension of the recently commissioned Wood Buffalo Pipeline and will be constructed from Enbridge's Cheecham Terminal to its Battle River Terminal at Hardisty. It is targeted to come into service in the second quarter of 2017. Once the pipeline is completed, the proposed Fort Hills oil sands project will become the eleventh oil sands project to be connected to Enbridge's infrastructure in the Athabasca region.

"This project builds on our strong relationships with Suncor and Total and establishes an important relationship with Teck Resources," said Stephen J. Wuori, President, Liquids Pipelines and Major Projects. "Securement of this opportunity reflects Enbridge's strong competitive position in the region, leveraging our existing Wood Buffalo line and our major project execution capability, including preferential line pipe procurement and pipe lay contractor agreements."

The project will include a 450-kilometre (281-mile), 30-inch (75-centimetre) pipeline from Cheecham to the Battle River Terminal, and associated terminal upgrades. The initial term of the transportation agreement is 25 years, with the Fort Hills Partners and Suncor having the right to extend the agreement for successive five-year terms. Enbridge is committed to timely and meaningful dialogue with all stakeholders, including shareholders, customers, Aboriginal and Native American communities, governments, regulators, landowners, and employees among others, regarding all of our projects, operations and activities. Enbridge will ensure this project is conducted in an environmentally responsible manner with a focus on the safety of our employees and the community.

For more information about related Opportunities and Key Players visit Oil Sands Projects

Oil Sands News in Canada >>

United States >>  5/22/2019 - Sempra Energy (SRE) and Saudi Aramco announced their respective subsidiaries, Sempra LNG and Aramco Services Company, have signed a heads of agreement...
United States >>  5/21/2019 - With reference to announcements on 2 May 2019, TGS-NOPEC Geophysical Company and Spectrum have announced that their respective board of directors have...

United States >>  5/9/2019 - Anadarko Petroleum Corporation has entered into a definitive merger agreement with Occidental Petroleum Corporation under which Occidental will acquir...
United States >>  5/7/2019 - TechnipFMC (FTI) has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI) contract by BP for the Thun...

Related Categories: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

Related Articles: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 


Canada Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |

More News

Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.