South African Sasol Limited and Calgary, Alberta-based Talisman Energy have commissioned a feasibility study to determine where to build of a gas-to-liquid (GTL) plant to take advantage of 44 trillion cu ft of shale gas deposits in northeastern British Columbia. The technical study follows news in March and June of this year that Sasol, an industry leader in GTL technology, paid $2.08 billion for 50% of Talisman’s Farrell Creek and Cyprus A assets. We’ve signaled that we’d like the GTL plant to be near our Montney assets,” says Talisman spokeswoman Phoebe Buckland. “But the exact location is under review, whether
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.