Canada News


Tech File: Underwater Unmanned Digital Twinning Project Gets Funding

May 12, 2021

Welaptega, an Ashtead Technology company, launched a $500,000  initiative to develop a product to enable digital twinning of underwater infrastructure.In collaboration with Whitecap Scientific, SubC Imaging, and Nova Scotia Community College SEATAC division…

Suncor to Record Impairment Charge on White Rose Assets

Jan 07, 2021

Canadian energy company Suncor will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose Project in the Jeanne d’Arc basin off Newfoundland and Labrador…

Kraken Robotics Wraps Third OceanVision Survey Campaign

Nov 06, 2020

Canadia subsea robotic company Kraken Robotics has completed its third offshore data acquisition and technology demonstration campaign as part of the $19 million OceanVision project.During the campaign, Kraken deployed its new SeaScout system…

Canada Invests in Its First Floating Tidal Energy Array

Nov 06, 2020

Canada on Thursday announced one of its largest-ever investments in tidal energy — $28.5 million to Sustainable Marine in Nova Scotia to deliver Canada's first floating tidal energy array.Sustainable Marine has developed a floating tidal energy…

Equinor, BP Make Two Oil Finds Offshore Canada

Oct 29, 2020

Equinor has said it has, with BP as a partner, made two oil discoveries offshore Newfoundland, Canada.'The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons…

Canada: Cenovus Energy to Buy Rival Husky Energy in $2.9B Deal

Oct 25, 2020

Cenovus Energy Inc has agreed to buy rival Husky Energy Inc in an all-stock deal valued at C$3.8 billion ($2.9 billion) to create Canada's No. 3 oil and gas producer, as a pandemic-driven collapse in demand forces the industry to consolidate…

CNOOC Hires Stena Drillship to Drill Offshore Canada

Oct 20, 2020

Chinese oil company CNOOC has signed a contract with offshore drilling rig provider Stena Drilling for the use of the Stena Forth drillship in Canada.CNOOC will use the 228 meters-long drillship to drill one well in the Flemish Pass, offshore Newfoundland and Labrador…

PGS Completes Newfoundland and Labrador Offshore Seismic Surveys

Sep 23, 2020

Norwegian seismic surveyor PGS has completed the acquisition of three new 3D seismic surveys offshore Newfoundland and Labrador, Canada.The company Wednesday that the initial first fast-track results would be delivered in Q4 2020, with final…

Fire Breaks Out on Offshore Vessel Near Rig in Canada

Sep 18, 2020

A fire broke out earlier this week on a fast rescue craft aboard the Siem Diamond offshore support vessel in the Atlantic Ocean, east of St. John's Canada.According to the C-NLOPB, the offshore oil and gas safety body for the Newfoundland and Labrador area…

Canada's Husky Energy to 'Review' West White Rose Offshore Project. "Difficult decision," CEO Says

Sep 09, 2020

Canadian oil and gas company Husky Energy said Wednesday it would put under 'a review' its West White Rose offshore oil project in Canada's Atlantic region, citing delays due to the suspension of all works on the project earlier this year due to the global pandemic…

Canada's OFG Acquires PGS' Towed Streamer CSEM System

Sep 07, 2020

PGS, Norway-based oil and gas seismic data specialist, has signed a deal with Ocean Floor Geophysics, (OFG) under which OFG has acquired the exclusive rights to use the hardware, software and intellectual property associated with the PGS towed…

Canada: Deep Panuke Offshore Platform Removed from Field

Aug 07, 2020

The Deep Panuke production platform has been 'de-installed' from the namesake offshore gas field in Nova Scotia, Canada, and will be recycled.The jack-up production platform was delivered to the field back in 2011 by SBM Offshore as part of…

ExxonMobil Extends Hebron Platform EPC Contract with Aker Solutions

Jul 28, 2020

Norwegian oilfield services company Aker Solutions has won a contract extension from ExxonMobil for the provision of engineering, procurement, and construction (EPC) services for the Hebron platform, offshore Newfoundland, Canada.The Hebron oil field is located offshore Newfoundland and Labrador…

TGS Completes Canadian Marine Seismic Study

Jul 28, 2020

TGS, a Norway-based provider of seismic data for the oil and exploration and production companies, has announced the completion of the East Coast Canada Facies Map Browser and Play Fairway Analysis (ECC FMB & PFA). The company said that the…

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