Canada’s Irving Oil said Oct. 20 that its Halifax Harbour terminal in Dartmouth, Nova Scotia, officially opened after an CA$80 million reactivation involving existing storage facilities, loading equipment, jetty, and supporting infrastructure.
For nearly 50 years until it was deactivated in 2002, the terminal operated in Dartmouth. In April 2015, Irving Oil announced it would reactivate the facility, enabling the storage and distribution of gasoline, diesel, home heating oil, marine transportation fuel and jet fuel for customers throughout Nova Scotia.
The Halifax Harbour terminal reactivation project created more than 200 jobs over an 18-month period. The project was fully privately funded by Irving Oil.
Irving Oil is investing in other projects in Nova Scotia including the annual turnaround and construction of a new home office in Saint John, New Brunswick, and an enhanced marine terminal in St. John's, Newfoundland.
Recommended Reading
EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers
2024-04-18 - Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.
Benchmark Closes Anadarko Deal, Hunts for More M&A
2024-04-17 - Benchmark Energy II closed a $145 million acquisition of western Anadarko Basin assets—and the company is hunting for more low-decline, mature assets to acquire.
‘Monster’ Gas: Aethon’s 16,000-foot Dive in Haynesville West
2024-04-09 - Aethon Energy’s COO described challenges in the far western Haynesville stepout, while other operators opened their books on the latest in the legacy Haynesville at Hart Energy’s DUG GAS+ Conference and Expo in Shreveport, Louisiana.
Mighty Midland Still Beckons Dealmakers
2024-04-05 - The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin's core, following a historic consolidation trend.
Mesa III Reloads in Haynesville with Mineral, Royalty Acquisition
2024-04-03 - After Mesa II sold its Haynesville Shale portfolio to Franco-Nevada for $125 million late last year, Mesa Royalties III is jumping back into Louisiana and East Texas, as well as the Permian Basin.