Pipelines Pipelines

KKR and AIMCo in the amendment of the partnership and related agreements in respect of their equity investment in the $11.2B Coastal GasLink Pipeline

Osler acted for Kohlberg Kravis Roberts & Co (KKR) and Alberta Investment Management Corporation (AIMCo), in respect of the amendment of agreements in respect of their equity investment in Coastal GasLink Pipeline Limited Partnership (CGPLP) with TransCanada PipeLines Limited (TCPL). The...

Lead Office: Calgary Date Closed: August 25, 2022 Value: $14.5 billion

Energy Transfer Canada in connection with Pembina Pipeline Corporation and KKR’s joint venture to merge Western Canadian processing assets

On August 15, 2022, Pembina Pipeline Corporation completed its joint venture with KKR to combine their respective western Canadian natural gas processing assets into a single, new joint venture entity called “Newco”. Included in this transaction are Pembina's...

Lead Office: Calgary Date Closed: August 15, 2022 Value: $11.4 billion

Suncor Energy Inc. in connection with the formation of Astisiy Limited Partnership to acquire TC Energy’s interest in the Northern Courier Pipeline Limited Partnership

On September 16, 2021, Suncor Energy announced formation of Astisiy Limited Partnership consisting of eight Indigenous communities in the Regional Municipality of Wood Buffalo to acquire TC Energy’s 15% equity interest in the Northern Courier Pipeline Limited Partnership. The unprecedented...

Lead Office: Calgary Date Closed: -- Value: -

Imperial Oil in its pipeline approval (leave to construct) from the Ontario Energy Board

On March 12, 2020, Imperial Oil Limited received approval from the Ontario Energy Board for leave to construct approximately 63 kilometers of pipeline and associated infrastructure to transport refined oil products from its facility in Hamilton, Ontario to its facility in the City of Toronto....

Lead Office: Toronto Date Closed: March 12, 2020 Value: -

Trans Mountain Canada Inc. in its successful defence of four judicial review applications at the Federal Court of Appeal, challenging the June 2019 federal approval (Order in Council) of the Trans Mountain Pipeline Expansion Project

On February 4, 2020, The Federal Court of Appeal unanimously dismissed the judicial review applications of four Applicants which sought to quash the June 2019 Federal Cabinet decision to approve the Trans Mountain Pipeline Expansion Project. The dismissal clears another major legal...

Lead Office: Calgary Date Closed: February 4, 2020 Value: $12 billion

Steel Reef Infrastructure Corp. in its $500 million acquisition of natural gas infrastructure assets from Crescent Point Energy Corp.

On January 20, 2020, Steel Reef Infrastructure Corp. completed its previously announced $500 million acquisition of natural gas gathering, processing and sales infrastructure assets in Saskatchewan from Crescent Point Energy Corp., an Alberta based oil and gas company. The acquisition adds nine...

Lead Office: Calgary Date Closed: January 20, 2020 Value: $500 million

Supreme Court of Canada rules in favour of the Trans Mountain Expansion Project

On Thursday, January 16, 2020 Osler lawyers, Maureen Killoran Q.C, Olivia Dixon, and Sean Sutherland appeared before the Supreme Court of Canada on the “BC Reference Case” on behalf of both Trans Mountain and Enbridge to argue that proposed amendments to the B.C. Environmental...

Lead Office: Calgary Date Closed: January 16, 2020 Value: -

SemGroup in its $5 billion acquisition by Energy Transfer LP

On September 16, 2019, SemGroup Corporation announced its $5 billion merger with Energy Transfer LP. Energy Transfer’s acquisition of SemGroup will increase its scale across multiple regions and provide increased connectivity for Energy Transfer’s crude oil and NGL...

Lead Office: Calgary Date Closed: -- Value: $5 billion

SemCAMS Midstream in its $1.3 billion agreement with Keyera to build Canadian Liquids Pipeline System

On May 14, 2019 SemCAMS Midstream ULC and Keyera Corp. entered into an asset joint venture to build a natural gas liquids (“NGL”) and condensate pipeline system. This will link northwestern Alberta’s liquid-rich Montney and Duvernay production areas to the fractionation and...

Lead Office: Calgary Date Closed: -- Value: $1.3 billion

TC Energy in its approved North Montney Mainline Project

On May 24, 2018, TC Energy announced that it had secured approval for the North Montney Mainline Project, a multi-billion dollar, 200+ kilometre pipeline extending TC Energy’s existing natural gas pipeline system into the North Montney area of British Columbia. The National Energy...

Lead Office: Calgary Date Closed: May 24, 2018 Value: $1.4 billion