Hydrocarbon transportation is proving more challenging than ever in 2020. Industry’s need for new pipelines to move product to overseas markets has been questioned by various stakeholder groups, forcing project delays. Oil & gas prices remain low, and companies must keep tight control on costs to ensure profitability.
Through the Canadian Energy Regulator Act, legislation that passed on August 28, 2019, the National Energy Board was replaced by the Canadian Energy Regulator. What does this mean for projects like the TransMountain pipeline? As it stands, the new Act will foreground environmental assessment processes and stakeholder consultation, including First Nations Consultation, over project economics. How will that affect your organization, your First Nation, or your region?
This one-day pipeline fundamentals course will first focus on the fundamentals of how hydrocarbon transportation (i.e. the “midstream”) works and then will delve into key issues — political, social, technological, economic, and regulatory — affecting today’s midstream. This course was built in collaboration with a number of North American midstream operators and has become a signature Oak Leaf course.