Smart Pipe Company, Inc. specializes in the design and manufacture of pipeline rehabilitation systems in the United States. Founded in 2000 and based in Katy, Texas, the company provides Smart Pipe, a monitored reinforced thermoplastic pipe that can be utilized for rehabilitating existing pipelines or as a standalone replacement. This innovative product addresses the need for effective and durable solutions in pipeline management and maintenance.
Moda Midstream, LLC is a liquids terminaling and logistics company that specializes in providing independent terminal, storage, and distribution services for various energy products, including crude oil, condensate, natural gas liquids (NGLs), and refined products. The company serves a diverse clientele, including refiners, petrochemical manufacturers, and marketers. Its operations encompass a range of services such as deepwater vessel loading and unloading, storage, blending, processing, and pipeline operations. Moda Midstream prioritizes safety and reliability, offering flexible multimodal connectivity to enhance the efficiency of its service delivery and meet the specific needs of its customers.
Flyscan Systems Inc. develops airborne platform that automates the detection of small oil leaks and offers a series of visual inspection functions. The company was incorporated in 2015 and is based in Québec, Canada.
Private Equity Round in 2017
Midcoast Energy Partners, L.P. is a limited partnership based in Houston, Texas, specializing in the gathering, processing, treating, transporting, and marketing of natural gas, natural gas liquids (NGLs), crude oil, and condensate across the United States. The company operates through two primary segments: Gathering, Processing and Transportation, and Logistics and Marketing. It gathers unprocessed natural gas from various locations, processes it to remove impurities and NGLs, and transports the refined products through an extensive network of approximately 10,800 miles of natural gas pipelines and 282 miles of NGL pipelines. Additionally, Midcoast Energy markets its products to wholesale customers and holds a significant interest in a major NGL intrastate transportation mainline. Founded in 2013 and serving as a subsidiary of Enbridge Energy Partners, Midcoast Energy focuses on providing comprehensive midstream services in Texas and Mississippi.
Spectra Energy Corp is a prominent pipeline and midstream company in North America, with a rich history spanning 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 subsidiaries include Union Gas and various divisions focused on pipeline operations and natural gas liquids. The company also maintains significant interests in DCP Midstream and Spectra Energy Partners, which encompasses a range of transmission systems and storage facilities. Headquartered in Houston, Texas, Spectra Energy has major offices in several locations, including Waltham, Massachusetts; Calgary, Alberta; and Denver, Colorado, reflecting its extensive operational footprint in the energy sector.
HiFi Engineering Inc. specializes in the development of fiber optic sensing systems designed for the oil and gas industry. The company creates advanced monitoring solutions, including sensing cables, downhole tools, and software for data acquisition and interpretation, aimed at applications such as reservoir monitoring, pipeline integrity, and leak detection. Notable products include the HDS MiCro tool for downhole flow and the HDS MaCro system for permanent monitoring of pipelines and reservoirs. Founded in 2007 and headquartered in Calgary, Canada, HiFi Engineering serves North American oil and gas service companies. The company’s technology is supported by over 33 patents and collaborative relationships with major industry players, enhancing its capacity to deliver high-quality data to its customers.
Smart Pipe Company, Inc. specializes in the design and manufacture of pipeline rehabilitation systems in the United States. Founded in 2000 and based in Katy, Texas, the company provides Smart Pipe, a monitored reinforced thermoplastic pipe that can be utilized for rehabilitating existing pipelines or as a standalone replacement. This innovative product addresses the need for effective and durable solutions in pipeline management and maintenance.
Enbridge Energy Partners, L.P. is a master limited partnership based in Houston, Texas, specializing in the ownership and operation of crude oil transportation systems in the United States. Founded in 1991 and previously known as Lakehead Pipe Line Partners, L.P., the company primarily operates the Lakehead system, which is the U.S. segment of the Canadian Mainline pipeline system. Enbridge Energy Partners plays a crucial role in the crude oil infrastructure, ensuring the efficient transport of oil across its network.
Tonbridge Power
Acquisition in 2011
Tonbridge Power Inc. designs, constructs, owns, and operates transmission capacity for power generators underserved by the existing power grid in the United States and Canada. The company, through its subsidiary, Montana Alberta Tie Ltd., primarily engages in developing a 345 kilometer, 230 kilovolt transmission line connecting Lethbridge, Alberta and Great Falls, Montana. Tonbridge Power Inc. is headquartered in Toronto, Canada. As of October 13, 2011, Tonbridge Power Inc. operates as a subsidiary of Enbridge Inc. Source : (Businessweek){ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22813634}
Cantera Resources, Inc. offers processing and marketing services for natural gas and liquids.
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