Brian Zinchuk is editor and owner of Pipeline Online
LLOYDMINSTER – Cenovus Energy is making a $5 million contribution to a major Lloydminster project, becoming the title sponsor of the Cenovus Energy Hub.
The City of Lloydminster and Cenovus Energy announced on June 27 the region’s newest event facility will be called the Cenovus Energy Hub. Cenovus’s $5 million contribution towards naming rights, construction and programming demonstrates its continued commitment to Lloydminster and the surrounding area, Cenovus said in a release.
Cenovus is Saskatchewan’s largest oil producer, after it purchased Husky Energy a few years ago. While formerly the operator of the Weyburn Unit, Cenovus’ operations in Saskatchewan are now in northwest Saskatchewan, and based in Lloydminster. There it operates an asphalt refinery and heavy oil upgrader, along with an ethanol facility.
“Investing in the communities where we operate is integral to how we do business,” said Jon McKenzie, Cenovus president and chief executive officer. “More than 2,000 of our staff and their families live and play in this region, and our contribution to the Cenovus Energy Hub is a great way to connect them and their neighbours through recreational activities, cultural programming and landmark events and celebrations.
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“Our company has been part of this area for more than 80 years, and we plan to be an important part of the community for a long time to come. I’m looking forward to coming back and seeing the hub full of families and youth enjoying themselves.”
The highly anticipated event facility aims to be the cornerstone of the region’s cultural and sports activities. This landmark partnership and strategic collaboration with Cenovus as the named sponsor marks a significant milestone in the development of Lloydminster’s Event District, providing funding to support construction and ensure enhanced community programming over the next 15 years.
“I am thrilled to witness the collaboration between the City of Lloydminster and Cenovus as they join forces to support recreation and cultural opportunities for our community,” said Lloydminster Mayor Gerald Aalbers. “This partnership signifies the importance of strong relationships between local government and corporate entities. Cenovus’s support will undoubtedly enhance the quality of life for our residents and visitors.
“With the Cenovus Energy Hub as our flagship facility, we are poised to become a hub for national events, attracting visitors and showcasing the vibrancy and potential of Lloydminster on a grand stage.”
According to the City of Lloydminster, while there are still many details to be decided upon, the current conceptual drawings for Cenovus Energy Hub include:
- a primary arena with seating for 2,500, expandable up to 4,500 with floor seats
- a second full-size indoor ice surface with seating for 300-500
- a third outdoor ice surface, directly adjacent to the building
The site location includes:
- walking trails
- 6 slo-pitch diamonds
- outdoor park pavilion
- 35+ powered camp stalls
- 6 commercial retail units
- 1 hotel
The collaboration between the City of Lloydminster and Cenovus sets the stage for a dynamic and prosperous future. With the Cenovus Energy Hub as a centrepiece of the Lloydminster community, it will serve as a catalyst for creativity, celebration and connection, leaving a lasting impact on residents and visitors alike, Cenovus said.
Construction of the new facility is slated to begin later this year and is anticipated to be operational by winter 2025. In April 2023, the Government of Canada and the Province of Saskatchewan announced joint funding of $33 million to support the project.
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