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Talon Energy Services Inc. establishes industrial fabrication facility in Port aux Basques

From the Atlantic Canada Opportunities Agency (ACOA) – August 11, 2014

Talon Energy Services Inc. has established a large industrial fabrication facility in Port aux Basques thanks in part to a repayable investment of $500,000 from the Government of Canada. The announcement was made today by the Honourable Kellie Leitch, Minister of Labour and Minister of Status of Women, on behalf of the Honourable Rob Moore, Regional Minister for Newfoundland and Labrador and Minister of State (Atlantic Canada Opportunities Agency).

Talon Energy Services Inc. specializes in a range of energy services and solutions for the oil and gas, resource and industrial sectors. Government of Canada funding assisted with the acquisition of fabrication equipment specific to supplying large subsea and other industrial components in support of the region’s offshore oil production fields.

The company has an extensive track record both in North America and internationally and has worked as far afield as South East Asia, South America, West Africa and the Middle East. In 2014, Talon Energy Services was ranked among PROFIT 500 Canada’s Fastest-Growing Companies.

Quick Facts:

  • Talon Energy Services provides a suite of six leading service providers specializing in: personnel, engineering, steel fabrication, process fabrication, fabric maintenance, construction, commissioning and start-up, and maintenance services.
  • Established in 2003, Talon Energy Services has experienced tremendous business growth in the energy, resource, and industrial based sectors and has evolved into a well-established energy services provider for Eastern and Western Canada, and the international marketplace.
  • Within the last four years, the company has received awards for the TOP 101 Companies of Atlantic Canada, fastest-growing company and best place to work. In 2013, two of the company owners, Terry King and Greg Drodge, were named finalists in the Ernst and Young Entrepreneur of the Year award.
  • Talon Energy Services is located in St. John’s, NL with a branch office in Sherwood Park, Alberta.
  • The Government of Canada’s repayable investment of $500,000 in Talon Energy Services Inc. was provided through ACOA’s Business Development Program.

Quotes:
“Our Government recognizes the important link between the oil and gas industry and local economic development. Establishing this fabrication facility is helping to create jobs and grow the economies of Port aux Basques and other communities in the region, while also further developing the province’s capacity in the supply and service of a global industry.”
– The Honourable Kellie Leitch, Minister of Labour and Minister of Status of Women, on behalf of the Honourable Rob Moore, Regional Minister for Newfoundland and Labrador and Minister of State (Atlantic Canada Opportunities Agency)

“We are pleased to expand our operations in this province through the establishment of our facility in Port aux Basques. In addition to better serving our clients, this facility will also serve to bolster and showcase the province’s ability to meet the demands of service and supply in the growing oil and gas sector, both at home and to international clients.”
– Terry King, President, Talon Energy Services Inc.

Contacts:

Kelsie Corey
Director of Communications
Office of the Honourable Rob Moore
Atlantic Canada Opportunities Agency
613-941-7241

Jackie Lewis
Acting Director, Public Affairs
ACOA NL
709-772-6857

Terry King
President
Talon Energy Services Inc.
709-739-8450

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