Enbridge

Enbridge is a leading North American energy transportation and distribution company. It operates the world's longest crude oil and liquids pipeline system, spanning Canada and the United States. Enbridge also owns and operates regulated natural gas utilities in both countries, including Canada's largest distribution company. Additionally, it has interests in renewable and alternative energy generation, with a focus on wind projects.

Patrick Murray

CFO

Laura Buss Sayavedra

Senior Vice President, of projects and Chief Administrative Officer

Chuck Szmurlo

Vice President, Alternative and Emerging Technology

Past deals in Oil and Gas

Flyscan

Seed Round in 2022
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.

Flyscan

Venture Round in 2020
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.

Midcoast Energy Partners

Private Equity Round in 2017
Midcoast Energy Partners engages in gathering, processing, treating, transporting, and marketing natural gas, natural gas liquids, crude oil, and condensate in the United States. It operates through two segments: Gathering, Processing and Transportation, and Logistics and Marketing. The company gathers unprocessed natural gas from wellhead locations and other receipt points, processes natural gas to remove NGLs and impurities, and transports processed gas and NGLs to intrastate and interstate pipelines for delivery to customers and market outlets. It markets natural gas and NGLs to wholesale customers. The operation includes a large network of pipelines, with about 10,800 miles of natural gas gathering and transmission pipelines and about 282 miles of NGL pipelines, and it holds significant interests in related NGL transportation assets. Headquartered in Houston, Texas.

Spectra Energy

Acquisition in 2016
Spectra Energy Corp is a prominent pipeline and midstream company in North America, recognized for its extensive infrastructure developed over nearly a century. The company operates approximately 22,000 miles of natural gas and crude oil pipelines across the United States and Canada, complemented by around 305 billion cubic feet of natural gas storage capacity and 4.8 million barrels of crude oil storage. Spectra Energy's wholly owned businesses include Union Gas, the BC Pipeline Division, the BC Field Services Division, and the Natural Gas Liquids Division. Additionally, the company holds significant interests in DCP Midstream and Spectra Energy Partners, which encompass various transmission and storage systems. The Express Platte system, a vital 1,700-mile integrated oil transportation network, facilitates connections between Canadian and U.S. producers and refiners in the Rocky Mountain and Midwest regions. Headquartered in Houston, Spectra Energy also maintains major offices in several key locations across North America, including Massachusetts, Alberta, Ontario, Colorado, Nova Scotia, Tennessee, Wyoming, and British Columbia.

Hifi Engineering

Venture Round in 2014
HiFi Engineering Inc. specializes in the development of advanced fiber optic sensing systems, hardware, and visualization software designed for downhole and pipeline applications. Founded in 2007 and headquartered in Calgary, Canada, the company offers a range of products, including its HDS MiCro tool for downhole flow monitoring and the HDS MaCro system for permanent pipeline and reservoir monitoring. HiFi Engineering’s systems are tailored for oil and gas service companies in North America, focusing on critical applications such as reservoir monitoring, well integrity assessment, and leak detection. The company’s technology is supported by over 33 patents, showcasing its commitment to innovation in the field. With a team of experienced electrical and software engineers, HiFi Engineering emphasizes the delivery of high-quality data through its cutting-edge sensing technology and software platforms.

IntelliView

Venture Round in 2014
IntelliView Technologies Inc., established in 2003 and based in Calgary, Canada, specializes in designing and developing advanced video analysis and processing solutions. The company's core offerings include SmartDVR, SmrtFENCE, SmrtCOUNT, SmrtALPR, and SmrtFLEET, catering to diverse sectors such as oil and gas, construction, transportation, and government. IntelliView's solutions leverage AI-powered cameras for 24/7 monitoring, automated detection, and alerting of liquid and gas leaks, even in harsh weather conditions. The company partners with industry leaders like Microsoft, Cisco, and IBM to deliver high-accuracy, customizable, and reliable solutions, aiming to enhance safety, efficiency, and sustainability in industrial operations.

Enbridge Energy Partners

Funding Round in 2013
Enbridge Energy Partners is a master limited partnership that specializes in the ownership and operation of crude oil transportation systems across the United States. Established in 1991 and headquartered in Houston, Texas, the company was originally known as Lakehead Pipe Line Partners before rebranding in 2001. Enbridge Energy Partners primarily focuses on crude oil infrastructure, with significant assets including the Lakehead system, which forms part of the U.S. segment of the Canadian Mainline pipeline system. In addition to its crude oil operations, the company is involved in gas distribution and provides services related to gas transmission and midstream activities.

Cantera Resources

Acquisition in 2003
Cantera Resources, Inc. is engaged in the exploration and development of oil and natural gas properties, primarily targeting the onshore Gulf Coast regions. The company specializes in acquiring properties that have potential for further exploration and development. In addition to its exploration activities, Cantera Resources provides processing and marketing services for natural gas and liquids, positioning itself as a key player in the energy sector. Through its strategic focus on enhancing property value and optimizing resource extraction, Cantera aims to capitalize on opportunities within the dynamic energy market.
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