Canadian energy infrastructure company TC Energy is set to start pre-construction activities on the 81MW Saddlebrook Solar Project located near Aldersyde, Alberta, Canada. The Saddlebrook solar power plant marks the first solar power facility of TC Energy in the country. To be constructed with a total investment of CAD 146 million ($106.3 million), the Saddlebrook […]
Indian IT services provider Infosys said that it has inaugurated a new digital hub in Canada, called the Infosys Digital Centre in Calgary, Alberta. Infosys also claimed to open up 1,000 jobs in Calgary over the next couple of years. This is said to be twice what the Indian IT firm had committed when it […]
HCL Technologies said that it has opened an innovation center in Edmonton in the Canadian province of Alberta, which will be focused on engineering and research and development (R&D) services. According to the Indian IT services provider the HCL Edmonton Center will bring together an ecosystem of partners from academia, startups, government institutions, and technology […]
Mphasis, an Indian IT solutions provider, has partnered with the Alberta government and the University of Calgary in Canada to fast tracking the development of Quantum Computing ecosystem in Calgary. The three parties have entered into a partnership in this connection. The partnership will push for economic growth and the creation of high-quality jobs within […]
Infosys said that it will create 500 new jobs in Calgary, Alberta during the next three years to double its workforce in Canada to 4,000 employees by 2023. The hiring is part of the Indian IT services company’s continued expansion across Canada. The expansion in Calgary is expected to help Infosys to scale work with […]
Australia-based Calima Energy has agreed to acquire Canadian oil and gas company Blackspur Oil for CAD 17 million ($13.35 million). Calima Energy will also assume Blackspur Oil’s net debt of $43 million. Blackspur Oil has producing oil and natural gas assets in the Brooks and Thorsby areas in Alberta. The assets’ 2P reserves are 22.5 […]
Cenovus Energy has completed the previously announced CAD100 million ($78.2 million) sale of its Marten Hills oil assets in Alberta, Canada to rival Canadian oil and gas company Headwater Exploration. As per the deal announced last month, Headwater Exploration paid Cenovus Energy CAD35 million in cash, while issuing 50 million of its common shares plus […]
Natural Law Energy (NLE) has agreed to acquire a stake of 12% in the $8 billion Keystone XL pipeline project from TC Energy for CAD 1 billion ($763.7 million). The deal follows a memorandum of understanding (MOU) signed by the parties in September 2020 to allow Natural Law Energy to invest in the pipeline project as […]
Global insurance brokerage Arthur J. Gallagher & Co. has acquired Canadian retail insurance broker Insight Insurance & Risk Management for an undisclosed price. Established in 2013, Insight Insurance & Risk Management, which is based in Edmonton, Alberta, caters to clients across Western Canada. The retail insurance broker is said to have a diverse client base […]
NGTL acquisition of Pioneer Pipeline : NOVA Gas Transmission Limited (NGTL), a fully-owned subsidiary of TC Energy is set to acquire the Pioneer Pipeline, a 131km long natural gas pipeline in Alberta, Canada for CAD255 million ($183.45 million). In this connection, NGTL has signed a letter of intent with Tidewater Midstream and Infrastructure and TransAlta […]