TDE

What TDE does

Thermo Design Engineering (TDE) is a privately held Canadian EPCM (Engineering, Procurement, Construction, and Management) firm founded in 1979 and headquartered in Edmonton, Alberta, with approximately 380–400 employees across offices in Edmonton, Calgary, and Nisku. The company designs, engineers, manufactures, and constructs custom energy processing facilities — primarily for oil and gas applications including natural gas processing, LNG pre-treatment, heavy oil / SAGD, sour gas treatment, refining, offshore processing, and sulphur / NGL / LPG recovery — and is expanding into sustainable energy offerings spanning carbon capture (CCUS), hydrogen, biofuels, emissions reduction, and net zero solutions. TDE operates an integrated single-roof model that combines conceptual and detailed engineering with in-house fabrication of pressure vessels, heat exchangers, structural steel, and piping/spooling components, plus process modularization, global logistics, and field services.

Revenue is generated through three primary streams: project-based EPCM professional services contracts, hardware sales of fabricated equipment (pressure vessels, heat exchangers, modular units), and licensing-style revenue from 'TDE Standard Packages' — pre-engineered, streamlined designs distilled from 40+ years of operational experience. Pricing is project-specific and quote-based under multi-year contracts; no standard pricing exists. The customer base comprises enterprise clients in the energy sector — including named project references such as Wolf Midstream (NGL Deep Cut Facility at Christina Lake), Tilbury LNG in Delta, Surmont, Rush Lake, and Lindbergh SAGD facilities in Canada, plus international oil and gas majors executing projects across 41 countries. Distribution is direct enterprise field sales via four regional coverage groups (Canada/USA/Central & South America, Middle East/Africa, Europe/Asia/Australasia, Russia/CIS), supported by trade missions and industry exhibitions such as OGU Uzbekistan.

The company is led by founder-CEO James Montgomery, P.Eng., with Sean Montgomery as President and Monty Balderston as CFO; the Montgomery family is reported to retain significant ownership. TDE holds ISO 9001:2015 and ISO 45001:2018 certifications, ASME U-Stamp and U2-Stamp authorization, CSA W47.1 Division 2 certification, COR, and ABSA permits — credentials that function as material regulatory barriers in safety-critical energy markets. The firm is currently modernizing operations through an enterprise-wide ERP system that went live on August 1, 2025. No institutional, venture, or private equity investment is disclosed in the source data.

Name

TDE

Legal name

Thermo Design Engineering Ltd.

Website

https://thermodesign.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

101–250 employees

Short description

Thermo Design Engineering (TDE) is a privately held Canadian EPCM firm that designs, engineers, manufactures, and constructs custom oil and gas processing facilities and modularized sustainable energy plants, serving enterprise energy clients across 41 countries from its Edmonton, Alberta headquarters.

Ownership category

akta.pro rank

Product category

Oil and Gas Engineering and Construction Services

NAICS

Other Specialized Design Services (54149), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Other Measuring and Controlling Device Manufacturing (334519), Industrial Design Services (541420)

SIC

Oil & Gas Field Machinery & Equipment (3533), Industrial Process Furnaces & Ovens (3567), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

T&D project/program management & owner’s engineering (EPCM/PMC) (EUADAKAF)

akta.pro secondary industries

Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL), Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ), Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF), Thermal Power Plant EPC (Gas/Coal/Oil) (EUAEAAAA)

Keywords

• Oil and gas engineering
• EPCM project delivery
• Process modularization
• Natural gas processing
• Sustainable energy solutions

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. EPCM Project Services: Engineering, Procurement, Construction, and Management services for custom oil and gas and sustainable energy facilities. Revenue generated through project-based contracts delivering turnkey processing plants and equipment.
2. Manufacturing and Fabrication: Fabrication of pressure vessels, heat exchangers, structural steel, piping/spooling components, and modular process units for energy processing applications.
3. TDE Standard Packages: Pre-engineered, streamlined design packages for LNG and other energy processing applications, offering standardized solutions that can be customized to client specifications.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Thermo Design Engineering (TDE) delivers integrated EPCM (Engineering, Procurement, Construction, and Management) services for custom energy processing facilities, primarily serving oil and gas companies and sustainable energy projects. The company designs, engineers, manufactures, and installs processing plants for natural gas, LNG, heavy oil/SAGD, sour gas, NGL recovery, refining, petrochemicals, and offshore applications, while also offering modular construction and standardized TDE Standard Packages. Operations span 41 countries with manufacturing, fabrication, and modularization facilities in Alberta, Canada.

Product overview

Thermo Design Engineering (TDE) is an engineering and construction company specializing in the design, engineering, manufacturing, and installation of custom oil and gas processing facilities and sustainable energy solutions. The company operates as a solution provider offering a comprehensive portfolio of products and services including: core processing equipment (Natural Gas Processing, LNG Facilities, Heavy Oil Processing, Sour Gas Processing, Oil Refining, Offshore Processing, Heat Exchangers, Fired Equipment, Sulphur Recovery Units, LPG Recovery Plants, NGL Deep Cut Facilities, Ethane Recovery Turbo Expanders); sustainable energy solutions (Carbon Capture/CCUS, Hydrogen, Bio Fuel & Renewable Energy, Emissions Reduction, Electric Power, Energy Storage, Water Treatment, Net Zero Solutions); and integrated services (Engineering, Project Management, Procurement, Manufacturing & Fabrication, Process Modularization, Logistics, Field Services). TDE also offers standardized packages called 'TDE Standard Packages' that provide streamlined designs based on 40+ years of operational experience for improved schedules and reduced costs. The company is headquartered in Edmonton, Alberta, Canada with approximately 380 employees and has delivered projects across 41 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• EPCM Project Services (Trusted Integrated Solutions)

Quantifiable outcome

• Delivered projects in 41 countries with 240+ happy clients
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Global Transportation PartnerscoreOthersTDE partners with the world's best transportation companies and leverages efficient ports for shipping modules overseas. Every detail is meticulously planned from international visas and monitoring reports to safety considerations and shipping updates.

Scale indicators7 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• KBR, Inc. US-listed EPCM and government services contractor with strong LNG, ammonia/hydrogen, and midstream process-plant capabilities. Comparable to TDE on engineering, process modularization, and energy-transition adjacencies.
• Worley Limited: Australian-headquartered global EPCM firm concentrated in hydrocarbons and energy transition. Direct peer to TDE's integrated EPCM delivery model for oil and gas processing and sustainable energy projects.
• TechnipFMC: Global oil and gas EPCM and subsea technology provider with strong LNG, refining, and ethylene process-plant presence. Most comparable to TDE's midstream/downstream processing engineering scope.
• Wood PLC: UK-headquartered EPCM operator with major oil and gas, LNG, and energy-transition project exposure. Closest peer in terms of process-plant engineering, modular fabrication, and global project execution comparable to TDE.

Broad incumbents

• Babcock & Wilcox Enterprises: US-listed provider of industrial energy and environmental technologies including heat-transfer and boiler/heater equipment. Comparable to TDE's fired-equipment, heat-exchanger, and process-gas cleaning capabilities.
• AtkinsRéalis (formerly SNC-Lavalin): Canadian-headquartered engineering and project services firm with O&G, nuclear, and infrastructure EPC. Comparable to TDE on engineering design and process-plant delivery, broader in scope.
• Fluor Corporation: Large US-listed EPCM incumbent across hydrocarbons, chemicals, mining, and infrastructure. Overlaps with TDE in oil & gas and energy-transition EPCM but operates at materially larger scale and broader portfolio.

Regional players

• WSP Global Inc. Canadian-headquartered global engineering consultancy with energy and environment practice. Comparable peer on engineering services scale and Canadian roots, but lighter on dedicated process-plant EPCM than TDE.
• Stantec Inc. Canadian engineering services firm with significant energy and infrastructure project exposure. Comparable as a Canadian-rooted professional services/engineering peer though less process-plant specialized than TDE.

Emerging players

• Chart Industries: US-based manufacturer of cryogenic and process equipment for LNG, hydrogen, and industrial gas. Comparable to TDE's pressure-vessel, heat-exchanger manufacturing and LNG processing equipment scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/tde_ltd
• LinkedInlinkedin.com/company/thermodesign-engineering-ltd
• Instagraminstagram.com/thermodesignengineering

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TDE