Environmental solutions company Montrose Environmental Group Inc. announced on May 8 the acquisition of Canadian emissions management firm GreenPath Energy Ltd. Terms of the transaction were undisclosed.
As part of the agreement, Greenpath’s leadership, including President Joshua Anhalt, will be incorporated into Montrose’s measurement and analysis segment.
GreenPath provides oil and gas companies methane emissions detection, measurement, reduction and elimination solutions and services.
“For energy producers, it is often hard to understand the problem of fugitive emissions and where to direct their resources,” said Montrose’s Terence Trefiak, senior vice president of leak detection and repair, North America. “Working together, we will be able to better track, manage, eliminate and reduce fugitive emissions, which supports clients with regulatory compliance, ESG and moving toward a low carbon economy.”
Recommended Reading
Wildcatter at Heart: Autry Stephens (1938-2024)
2024-08-18 - Legendary wildcatter Autry Stephens, founder and chairman of Midland Basin E&P Endeavor Energy Resources, stayed true to his “never sell” strategy.
Mexico’s Fast LNG Ships Out First Cargo—for Mexico
2024-08-16 - New Fortress Energy’s Fast LNG 1 project in Mexico will take an international route to a domestic destination.
Energy Transition in Motion (Week of Aug. 16, 2024)
2024-08-16 - Here is a look at some of this week’s renewable energy news.
Subsea 7 Secures Sizable GoM Contract
2024-08-16 - Offshore activity on Subsea7’s project is expected to begin in 2026.
YPF, Petronas Target FID for Argentine LNG Facility in Late 2025
2024-08-16 - Argentina’s long-envisioned LNG export facility is closer to becoming a reality state-owned YPF SA and Malaysia’s Petronas will look to reach a final investment decision in the second half 2025 on development in Sierra Grande on the country’s Atlantic Coast.