Irving Oil JV to develop new Saint John marine terminal

Irving Oil

Irving Oil and TransCanada have formed a joint venture to develop and construct the new Canaport Energy East Marine Terminal at Irving Canaport in Saint John, New Brunswick, Canada. 

“The Canaport Energy East Marine Terminal will connect TransCanada's Energy East Pipeline to an ice-free, deepwater port," said Paul Browning, president and CEO of Irving Oil. “It will allow Canadian producers direct access to world markets for exporting Canadian oil via the world's largest crude-carrying vessels."

The project timeline for the marine terminal, which is expected to begin with engineering and design work in 2015, will coincide with Energy East Pipeline project developments. The new Canaport Energy East Marine Terminal will be located adjacent to Irving Oil's existing import terminal and will be operated by Irving Oil.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...