a clear blue sky

Energy - Oil & Gas

The ever-changing economic and regulatory climate in the oil and gas industry presents unique challenges for our clients – they need local expertise, deep industry experience, and an international reputation to achieve their goals.

Our oil and gas lawyers have achieved success on an array of complex oil and gas disputes and corporate transactions across the sector and we have the depth of knowledge to navigate the complexities you face whether your business involves:

  • upstream or downstream oil and gas
  • heavy oil
  • LNG
  • oil sands
  • oilfield services
  • pipelines
  • midstream facilities

By leveraging deep relationships that span the highly regulated oil and gas industry, BLG anticipates the latest industry developments to position our clients for success. We represent energy clients of all sizes across Canada and the world, and deliver the results that are essential to their business objectives.

We assist clients with their most complex oil and gas transactions. They value our ability to deliver practical, strategic and tactical legal advice from our offices across Canada. From acquisitions and divestitures, asset purchases and sales, financing, insolvency and restructurings, joint ventures and other commercial arrangements, project development, regulatory approvals and dispute resolutions – we do it all.

When it comes to dispute resolution, clients trust our experienced team with their most complex and technical commercial litigation and regulatory matters.

Our lawyers have appeared before all levels of the provincial and federal court system and regulatory bodies such as the National Energy Board (NEB), the Alberta Energy Regulator (AER), other federal and provincial regulatory authorities and the Competition Bureau.

We have assisted clients in facilities applications for:

  • gas
  • sour gas
  • hydrogen
  • oil and natural gas liquids (NGL)
  • pipelines
  • gas processing plants
  • oil sands facilities
  • co-generation facilities
  • electric transmission infrastructure
  • petrochemical plants

We regularly advise with respect to gas removal and gas export licensing applications for producers and gas aggregators in all aspects of the industry.

Specializations

Experience

  • Occidental Petroleum (NYSE: OXY) in its US$1.1 billion acquisition of direct air capture technology innovator Carbon Engineering Ltd.
  • John Wood Group PLC in the US $67 million sale of its joint venture interest in TransCanada Turbines to joint venture partner TC Energy.
  • Kelt Exploration Ltd. in its $510 million disposition of oil and gas assets in its Inga/Fireweed/Stoddart Division (the “Inga Assets”), located in British Columbia, to ConocoPhillips and assumption by the Purchaser of certain specific financial obligations related to the Inga Assets in the amount of approximately $41.0 million.
  • The Government of Canada in its:
    • $4.5 billion acquisition of the Trans Mountain and Puget Sound Pipelines, and related terminals from Kinder Morgan.
    • reaching a new resource-sharing agreement, the Hibernia Dividend Backed Annuity Agreement, which will transfer to Newfoundland and Labrador long-term, predictable annual payments with a net value of C$2.5 billion.
  • Trimac Transportation Services Inc. in its $70 million acquisition of Gibson Energy’s Canadian trucking business.
  • LNG Canada Development Inc., in its capacity as operator of the LNG Canada Project joint venture, on all operational, federal and provincial regulatory aspects of its $40 billion LNG Export Terminal in Kitimat, B.C.
  • Petronas and Pacific Northwest as project counsel in its $27 billion LNG project located near Prince Rupert, B.C.
  • HollyFrontier Corporation in a transaction to acquire Suncor Energy’s Petro-Canada Lubricants business for $1.125 billion.
  • Kelt Exploration Ltd. with respect to:
    • $100 million disposition of Karr area oil and gas assets.
    • $90 million convertible debenture financing and concurrent private placement.
  • Ikkuma Resources in its sale of all  issued and outstanding common shares to Pieridae Energy Limited via plan of arrangement.
  • KOGAS Canada Ltd. with respect to:
    • project development and joint venture participation in the $40 billion LNG Canada Project, including the final investment decision.
    • proponent of LNG Canada and as an anchor shipper in the development of Trans Canada’s Coastal Gas Link Pipeline in B.C. since 2012.
    • Sale of a 10% participating interest in the LNG Canada Project joint venture to an affiliate of Petronas, along with concurrent sales of participating interests by Shell and PetroChina.
  • Steelhead LNG and Huu-ay-aht First Nation on the proposed $30 billion Kwispaa LNG project located on the west coast of Vancouver Island.
  • Cuda Energy Inc. in its business combination with Junex Inc. and the acquisition of Wyoming Powder River Basin Assets.
  • Birchcliff Energy Ltd. in its prospectus offering and concurrent private placement of $690.8 million of subscription receipts.
  • Nexen Energy ULC (a subsidiary of CNOOC Limited) on ongoing matters, including the Aurora LNG project.

 

 

City viewfinder with blurry background | Viseur de ville avec arrière-plan flou

 

Your ambition. Our advice.
M&A at BLG.

 

At the heart of every M&A opportunity is an ambition — to harness a market opportunity, to forge a new partnership, to shape growth on your terms. Strengthen and support your goals, backed by BLG’s strong regulatory acumen and deep expertise in the sectors driving the Canadian economy today and tomorrow.

 

Learn more

 

 

Aerial image of forest next to streets of houses | Image aérienne de la forêt à côté des rues des maisons

 

Environmental, Social and Governance (ESG)

 

How a business is evaluated in the market is no longer solely based on its financial success or the products and services it sells. It is also based on reputation and whether it is seen as responsible and responding to investor demands.

 

Clients trust BLG to help them understand and embed ESG into their business strategies.

 

Learn more

Testimonials

Chambers 2019 (Energy: Oil and Gas) BLG client

“Overall, their performance has been excellent. Their strongest points are breadth and depth of knowledge across different sectors and the ability to always deliver results on time and budget.”

Key Contact

View All Professionals

Stay Up to Date

Subscribe to receive our insights and perspectives on the latest legal developments that will affect you.
Register