The exhibition and conference will explore how the UK’s underwater engineering industry can capitalise on the global blue economy.
In exchange, Plains Midstream Canada will receive Inter Pipeline’s 100% ownership interest in the Empress II and 50% ownership interest in the Empress V straddle plants.
The contract is for transportation and installation services in support of flowline installation operations in the Cossack Wanaea Lambert and Hermes field.
More Business news news
The contract signing took place on 23 September; closing is subject to regulatory approval and is expected in 2H21.
US crude oil exports reached a record high in February 2020 and have since fallen in each month, based on data through June, according to the US EIA.
François Poirier will succeed Mr. Girling as President and Chief Executive Officer and will join the board 1 January 2021.
The agreement will see an investment from Trans Mountain towards enhancing the local trail network in the Fraser Heights area of Surrey.