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

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...