The project exported its first cargo from the Kitimat terminal in July 2025 and had shipped ten cargoes by September 2025. On August 6, 2025, JGC and Fluor were awarded a contract to update the Front-End Engineering and Design for the proposed Phase 2 expansion aimed at doubling LNG production capacity. Energy infrastructure projects, including natural gas pipelines, oil pipelines, LNG export facilities, and transmission upgrades, are at various stages across Canada. In Western Canada, mineral rights are primarily owned by provincial governments, which grant exploration and production rights through leases, licenses, and permits. Private ownership of oil and natural gas also exists, with rights granted via negotiated leases or contracts. Operations near First Nation reserve lands require establishing relationships with Indigenous peoples through Impact Benefit Agreements, equity ownership frameworks, environmental collaboration, and engagement protocols. The federal government owns mineral rights on First Nation reserve lands, managed under separate legislation. The Corporation does not have operations on reserve lands.
Obsidian Energy Ltd's Comment on Supply Chain
The project exported its first cargo from the Kitimat terminal in July 2025 and had shipped ten cargoes by September 2025. On August 6, 2025, JGC and Fluor were awarded a contract to update the Front-End Engineering and Design for the proposed Phase 2 expansion aimed at doubling LNG production capacity. Energy infrastructure projects, including natural gas pipelines, oil pipelines, LNG export facilities, and transmission upgrades, are at various stages across Canada. In Western Canada, mineral rights are primarily owned by provincial governments, which grant exploration and production rights through leases, licenses, and permits. Private ownership of oil and natural gas also exists, with rights granted via negotiated leases or contracts. Operations near First Nation reserve lands require establishing relationships with Indigenous peoples through Impact Benefit Agreements, equity ownership frameworks, environmental collaboration, and engagement protocols. The federal government owns mineral rights on First Nation reserve lands, managed under separate legislation. The Corporation does not have operations on reserve lands.
Sources:
Obsidian Energy Ltd 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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