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/

Norton Rose Fulbright expands Middle East and Africa energy offering with new partner hire

Friday 08 May 2026 09:15

Global law firm Norton Rose Fulbright has strengthened its Middle East and Africa energy, infrastructure and natural resources offering with the appointment of Remy Lerner, who will join the firm’s Dubai office following a short transitional period in Paris.

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

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