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Business in Calgary is a monthly publication dedicated to producing intelligent, colorful articles about the people, trends and events that make Calgary a prominent business centre in the west.
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A conversation with Total E&P Canada’s new president and CEO, Jean-Michel Gires, on the growing importance of Alberta’s oil sands to global energy supply.
It was once written off as being too expensive and technically unfeasible to develop as a resource. Today, it has clearly found itself thrust into the global media spotlight. Sleepy old Alberta towns have been transformed into mini-boom centres as global energy companies poured billions of dollars into the development of Alberta’s oilsands around Fort McMurray. Even after a downturn, places around Fort McMurray are changed.
The sheer size of the oilsands resource is massive, comparable to the other largest proven oil reserves on the planet in Saudi Arabia. When France-based energy giant Total SA’s Canadian subsidiary announced its agreement to acquire Calgary-based UTS Energy for nearly $1.5 billion in early July, it marked the completion of a 19-month saga to gain a 20 per cent stake in the massive Fort Hills oilsands property owned by UTS.
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Readership Survey
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Business in Calgary Readership Profile
The November 2009 Vision Critical stats indicate our readers shape the corporate community. They are top ranking owners and executives, highly educated, with a higher than average income. They enjoy excellent quality products in life and don't mind spending for an active lifestyle.
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Featured Company: NeoStream Technologies Inc.
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| NeoStream is Calgary’s largest energy service company providing SharePoint and ECM solutions to the Canadian energy industry. NeoStream’s solutions address the entire information management lifecycle for energy companies enabling both company and supplier personnel to easily access important information related to critical business processes. NeoStream’s template-based solutions were created in partnership with referenceable energy companies who have embraced the Microsoft SharePoint platform. |
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