Canada's National Energy Board granted approval in December to the proposed Mackenzie Gas Project, which would string a natural gas pipeline from the upper-reaches of the Northwest Territories, Canada, 745 miles south into Northern Alberta. Before the $16.2-billion project can proceed, backers must put in place a funding framework. Image: Walter Konefal for ENR "Mackenzie needs to compete on a supply-cost basis with other sources of supply," says Pius Rolheiser, Calgary-based Mackenzie project spokesperson." It remains the critical challenge today to be cost- competitive with shale gas, liquefied natural gas and potential Alaska projects." While Mackenzie runs primarily south, staying
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.