TransCanada NOVA team to create a global energy giant. J. Share. Pipeline Gas J., August 1998, 225(8), 32--36.
Future prospects for a merger of TransCanada and Nova Corp. are discussed. The merger occurred in January 1998 and the new company will be split into separate energy and chemicals businesses. Pipeline development opportunities in the US, Mexico, Venezuela, and Columbia are discussed. Details are given of installation costs, pipeline lengths and diameters, and line capacities for projects in each of these geographical areas. Projects in other global regions are also discussed. A drive to improve future operational efficiency could bring developments of telecommunications and fibre optics projects. The overall objective is to remain flexible in the face of increasing competition and to stay market-focussed as a low-cost energy provider.