Cenovus donates $2.5 million to Saskatchewan Polytechnic
SASKATOON – Saskatchewan Polytechnic has received $2.5 million from Cenovus Energy toward its Time to Rise campaign in support of the Joseph A. Remai Saskatoon Campus. In recognition, the chemical technology lab, power engineering lab and instrumentation engineering lab will be renamed the Cenovus Energy Labs. Cenovus Energy has been a supporter of Sask Polytech and its students for over 15 years, according to a release issued on Sept. 6.
Image Credit: Saskatchewan Polytechnic
Cenovus is the dominant player in northwest Saskatchewan’s heavy oil play. In addition to its extensive upstream network of thermal SAGD plants and cold production, the company also has an upgrader and asphalt refinery located at Lloydminster.
“Thank you to Cenovus Energy for investing in our Time to Rise campaign and the next generation of energy professionals,” says Dr. Larry Rosia, Sask Polytech president and CEO. “Energy sector careers are well-paid, interesting and technologically forward-thinking. This investment helps ensure Saskatchewan remains at the forefront of the oil and gas sector. Sask Polytech students will be equipped with cutting-edge skills and knowledge, delivered by our extraordinary instructors, in the state-of-the-art Cenovus Energy Labs.”
Cenovus Energy’s $2.5 million gift to the Time to Rise campaign directly supports the construction of the new Joseph A. Remai Saskatoon Campus. This campus is a once-in-a-generation opportunity to create a 21st-century modern learning environment that prepares skilled workers for current and emerging industries. This investment also enables Sask Polytech to continue working closely with Cenovus Energy to train the energy workforce of tomorrow.
“Saskatchewan Polytechnic continues to play a critical role in the community and in the oil and gas industry,” said Jon McKenzie, Cenovus president & CEO. “It’s developing a pipeline of talent in this region to support the long-term growth of our sector, and this latest donation and the creation of the Cenovus Energy Labs strengthens this.”
The Time to Rise campaign aims to empower Saskatchewan Polytechnic graduates and strengthen the provincial economy. The Remai Saskatoon Campus will consolidate an existing network of decentralized outdated buildings into a modern, technology-rich learning environment increasing program capacity for more students.