Canadian Natural Resources Ltd. (TSX:CNQ) is contributing $7 million towards a previously announced expansion and renovation at the university's Schulich School of Engineering.
The total price tag of the upgrade is $158.3 million.
Earlier this month, Alberta Premier Alison Redford announced the provincial government would be contributing $145.2 million to the school.
The revamp will make room for an extra 400 students when it's completed in 2016; there are 4,200 engineering students at the university now.
Canadian Natural president Steve Laut says his company is committed to developing the skilled workforce that the industry needs.