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Canada News

 

Husky CEO to retire

Oct 27, 2016

Husky Energy President and CEO Asim Ghosh will retire, with Rob Peabody, Husky's chief operating officer will take over for Ghosh, effective 5 December.  'For the past seven years Asim has brought his extensive business experience and鈥

Wood Group secures more Newfoundland work

Oct 24, 2016

Wood Group has secured a five-year contract to continue providing engineering, procurement, construction and maintenance services to the Hibernia platform, offshore Newfoundland, from Hibernia Management and Development Co. (HMDC). The鈥

Cold comfort

Oct 06, 2016

While it seems most Arctic exploration activity has slowed, it really depends on where you look. Bruce McMichael reports. Gazprom Neft鈥檚 Prirazlomnoye facility, in the Russian Arctic.  Photos from Gazprom Neft鈥

Transocean inks Suncor contract

Oct 03, 2016

Transocean has won a contract for the Transocean Barents harsh environment, ultra deepwater floater with Suncor Energy, offshore Canada. The 15-month contract has been set at a dayrate of US$260,000. The estimated contract backlog, excluding mobilization is $119 million鈥

Looking toward the bright side

Sep 27, 2016

Quest 云顶赌场老虎机, recently acquired by Wood Mackenzie in August, outlines the highlights of the global deepwater drilling market, region by region. Melissa Sustaita sets out the details. Top鈥

Shell comes up empty at Cheshire

Sep 21, 2016

Shell Canada is moving on to its next prospect in the Shelburne basin, offshore Nova Scotia, after failing to find commercial hydrocarbons at its first exploration well in the program. Map of the Shelburne basin exploration project鈥

InterMoor names Canada country manager

Sep 19, 2016

InterMoor has appointed Joe Price as country manager for InterMoor Canada based in St. John鈥檚, Newfoundland, the regional hub for the Canadian offshore oil and gas sector. Price, a native Newfoundlander, is a graduate of the Ocean and鈥

Canada-Newfoundland call for nominations

Sep 02, 2016

The Canada-Newfoundland and Labrador 云顶赌场老虎机 Petroleum Board (C-NLOPB) has issued calls for nominations for areas of interest in the Eastern Newfoundland and the Jeanne d鈥橝rc regions. The call for nominations in the Eastern Newfoundland鈥

25.5 billion bbl in place in West Orphan Basin, estimate

Aug 26, 2016

There could be 25.5 billion bbl in place and 20.6 Tcf of gas in the West Orphan Basin, in the Canada-Newfoundland and Labrador 云顶赌场老虎机 Petroleum Board (C-NLOPB) 2016 Eastern Newfoundland Call for Bids, according to the Government of Newfoundland and Labrador鈥

Leak suspends Husky drilling off Canada

Jul 15, 2016

Drilling operations have been suspended at Husky Energy鈥檚 North Amethyst field offshore Canada, after a leak occurred today (15 July), according to the Canada-Newfoundland & Labrador 云顶赌场老虎机 Petroleum Board (C-NLOPB). The Henry Goodrich鈥

DW: Deepwater recovery not likely until 2020s

Jul 05, 2016

While outages in Canada and Nigeria have helped a rally in oil prices, the outlook for 2017 isn't looking favorable as new projects come online, says Douglas Westwood.  Matt Cook, who has authored the firm's World Drilling and Production鈥

Mexico, US, Canada unite in climate pact

Jun 29, 2016

Mexico is joining the US and Canada in committing to reduce North America鈥檚 methane emissions from the oil and gas sector 鈥 the world鈥檚 largest methane source 鈥 40% to 45% by 2025, the three countries announced in a joint statement. Image鈥

Shell resumes Canada drilling after riser drop

Jun 23, 2016

Shell has been cleared to resume drilling offshore Canada following a review to its procedures after an incident saw a 2km riser section drop to the seafloor.  Shell was drilling the Cheshire L-97 well, in about 2000m water depth, in the Shelburne basin鈥

Statoil in double Bay du Nord discovery

Jun 10, 2016

Statoil made two oil discoveries in the Bay du Nord area during its 19-month exploration drilling program offshore Newfoundland, which the company is estimating the finds to possibly be in the lower end of the anticipated volume range. Map鈥

Shell gives up Arctic acreage

Jun 08, 2016

Supermajor Shell has donated nearly 9000sq km of its Arctic exploration permits to the Nature Conservancy of Canada to support a national marine conservation area off the coast of Nunavut. Image from Nature Conservancy of Canada鈥

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