Englobe, a Colliers company, has agreed to acquire Obsidian Engineering, a Calgary-based EPCM firm, according to a Morning Energy Brief report dated October 30, 2026. The purchase price was not disclosed in the sources.
The source describes Obsidian Engineering as a 400-plus person EPCM firm with more than 3,500 projects across gas processing, thermal, CO₂ and data centres. The report characterizes the transaction as Colliers buying its way into oil and gas.
No further terms, closing date, advisers or statements from either company were included in the source material.