BOC Canada has secured a supply contract at Canadian Natural Resources Limited's Horizon oil sands project in western Canada.
BOC will supply Canadian Natural with packaged gases and materials needed for welding and constructing the massive infrastructure required to extract the oil.
Once the project, located some 80 km northeast of Fort McMurray, AB, begins producing sweet, synthetic crude oil, BOC will be well positioned to continue supplying gases during the operations phase.
BOC will initially supply the Horizon Project with its gas and equipment requirements from its Fort McMurray branch. Later, as demand volumes increase with the start of production, BOC will create an on-site presence, which will include a warehouse, dedicated staff and vehicles.
Bill Visintainer, western Canadian region manager for BOC, said: \\$quot;We are pleased Canadian Natural recognized BOC's ability to provide a consistent, high quality and safe supply of industrial gases.
“Our reputation and participation in other large oil and gas projects played a crucial role in convincing Canadian Natural of our dedication to their project and our ability to meet their expectations for delivering the materials they need in full, on time and on spec.”
Canada's oil reserves are the second largest in the world, behind Saudi Arabia. Alberta has 175 billion barrels in reserves, held primarily in vast oil sands fields. Oil sands production, now at one million barrels a day, is expected to nearly triple to 2.7 million b/d by 2015, according to the Canadian Association of Petroleum Producers.
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