“This development will be located on the western side of our Edmonton Terminal and is the first step in capitalizing on our 45 acres of undeveloped land,” said Stewart Hanlon, Gibson’s president and chief executive officer.

“With this new infrastructure in place, our Edmonton location will emulate the business model of our Hardisty Terminal providing merchant storage, flexible delivery options and pipeline connectivity to our customers,” he said.

As a result of the new contract with Statoil and subject to pipeline connection agreements, Gibson will construct a pipeline and connection infrastructure to multiple major pipelines in the Edmonton area, one 300,000-bbl crude oil storage tank and a new rail loading rack.

This new infrastructure will allow Statoil multiple delivery options for its crude production to points across North America.

The in-service date for the new facilities is expected to be in the first half of 2015.

Gibson is an independent midstream energy company in Canada and an integrated service provider to the oil and gas industry in the United States.

Gibson is engaged in the movement, storage, blending, processing, marketing and distribution of crude oil, condensate, natural gas liquids, water, oilfield waste and refined products.

Gibson transports energy products by utilizing its network of terminals, pipelines, storage tanks and trucks located throughout western Canada and through its significant truck transportation and injection station network in the United States.

Gibson also provides emulsion treating, water disposal and oilfield waste management services in Canada and the United States and is the second-largest retail propane distribution company in Canada.