Two significant players in Alberta’s oil and gas market have merged.
In a news release on Wednesday, Hatch Ltd. announced that Upside Engineering Ltd. has joined Hatch, bringing together the largest oil and gas process team for complex upstream and downstream flowsheet development in Canada with a well-established local engineering firm that specializes in midstream hydrocarbon business.
“Together, we will take on and solve the toughest oil and gas challenges, from consultancy and feasibility through to operations to serve the entire value chain in Alberta, Western Canada, and beyond,” said Hatch’s Chairman and CEO John Bianchini. “We look forward to bringing positive change to Alberta’s oil and gas industry by leveraging Hatch’s unique blend of technology and process excellence in upstream and downstream oil and gas, combined with Upside Engineering’s proven track record of delivering midstream projects.”
The news release said Hatch and Upside Engineering are both privately-held, Canadian-founded firms, working in Western Canada’s oil and gas sector from Calgary for over 30 years.
“Being equipped with a fully integrated project delivery capability and capacity will allow our joint organization to create stronger alliances in Alberta,” said Chris Read, President, Upside Engineering. “Drawing on Hatch’s global and diverse network, we are excited to focus on our service offering to our clients, while continuing to grow our market share.”
Hatch offers comprehensive services to the mining and metals, energy—oil and gas and power—and infrastructure sectors. This includes engineering, project execution, advisory, performance improvement, digital, environmental, earth sciences, and Indigenous engagement. It has 9,000 staff operating in over 18 nations.
Upside Engineering offers the full spectrum of engineering and design services, as well as procurement and project management services, focused primarily in the oil and gas midstream industry.
“Our combined organization will be unparalleled in its ability to design and deliver the most technically challenging oil and gas projects, many of which will feature a strong integration with power generation, storage, and transmission solutions,” said Robert Francki, Global Managing Director, Hatch.
“Hatch Upside seeks to transform the oil and gas industry by reframing the way in which we deliver unprecedented outcomes for clients, whether it’s by creating commercially viable, lower-carbon projects that employ innovative flowsheets, technologies, and renewable power generation capabilities; developing in-situ recovery and partial upgrading technology for oil sands; or building one-of-a-kind LNG export terminal and multi-product gas-monetization production facilities that enable value-add products,” added Sanjiv Save, Managing Director, Oil & Gas, Hatch.