Pieridae Energy closes acquisition of Shell's Foothills assets

Published by Nicholas Woodroof, Editor
Oilfield Technology, Thursday, 17 October 2019 15:00

Pieridae Energy has announced that it has completed its acquisition of Shell Canada's Foothills assets, including the Jumping Pound, Caroline and Waterton gas plants, 29 000 boe/d of production, a partial ownership of the Shantz sulfur plant and 1700 km of pipelines.

The acquisition gives the company the majority of the natural gas needed to supply the first facility (or train) at the Goldboro LNG facility in Nova Scotia, Canada.

The company will now work with KBR to develop a fixed price contract and designs to build Goldboro, then proceed to complete project financing and make a final investment decision.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/17102019/pieridae-energy-closes-acquisition-of-shells-foothills-assets/

Rhino Resources and Halliburton deliver the first two exploration wells on Block 2914 in Namibia

Friday 16 May 2025 09:00

These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton’s newly established operational bases in Walvis Bay, Swakopmund, and Lüderitz.

Embed article link: (copy the HTML code below):

This article has been tagged under the following:

Upstream news Shell news Canada upstream news Upstream project news Oil & gas news

You might also like