Case Study Of Transcanada And Irving Oil

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TransCanada and Irving Oil are extremely pleased with The East Energy Pipeline Project. These two ventures are producing a tremendous amount of profit from this project and will continue to produce large margins. This is due to the necessity of maintenance for the pipeline to function on a regular basis. Both Irving Oil and TransCanada are developing and constructing the new Saint John Marine Terminal for a proposed $300 million dollar investment. Irving Oil imports over 100 million barrels of crude oil each year, the Energy East Pipeline will offer an easier and more convenient manner to import crude oil, thus reducing transportation costs. Moreover, the construction of The Energy East Pipeline Project will produce hundreds of jobs for both
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