Canada News


Vard acquires STX Canada Marine

Aug 15, 2014

VARD has acquired STX Canada Marine Inc., a leading marine engineering and design company with more than 30 years history in North America, for approx. NOK 65 million (US$10.6 million). Headquartered in Vancouver, Canada, with branch…

Apache to exit high-profile LNG projects

Aug 12, 2014

US oil and gas company Apache says it will exit both Chevron-operated LNG projects, Kitimat and Wheatstone, in which the company holds equity interests in order to focus on its more lucrative onshore business. Apache’s Chairman and CEO G…

Hebron GBS towed to construction site

Aug 07, 2014

The ExxonMobil-operated Hebron oil field hit a milestone in late July when the gravity based structure (GBS) was towed from the dry dock to the project’s Bull Arm construction site. The 180,000-tonne structure arrived 10 hours after tow-out operations began…

New API map- LNG export facilities

Aug 06, 2014

The American Petroleum Institute (API) has compiled a new web-based map tracking North American LNG export facility projects. API says approving the LNG sites are critical to US export goals: the proposed export terminals are a 'roadmap to a lower trade deficit…

What will it take to develop offshore heavy oil?

Aug 01, 2014

The Mariner development concept. Images from Statoil.  The Mariner heavy oil field took 40 years, 12 oil companies, five seismic surveys, and 18 exploration/appraisal wells to get to where it is today…

Networking pros abound, but beware of cons

Aug 01, 2014

There is no doubt networking plays a vital role in the offshore oil and gas industry right now and it will be even more important in the future. With the potential of remote management of multiple platforms from an onshore location, as well…

Repsol eyes Talisman

Jul 23, 2014

Talisman Energy has confirmed that it has been approached by Spain's Repsol over 'various transactions.' Repsol has been reported to have been considering a bid for Canada-based Talisman, Bloomberg reported.  A statement from Talisman…

Damen secures 4xPSV orders

Jul 09, 2014

Atlantic Towing (USA) has selected newly-designed, ice-strengthened PSV 5000 vessels from Damen Shipyards Group to meet its 10-year offshore support contract with ExxonMobil Canada Properties and Hibernia Management and Development Company (HMDC)…

Boskalis, SAAM establish American towing JV

Jul 02, 2014

Royal Boskalis Westminster NV and SAAM SA have created a joint harbor towage operation in Brazil, Mexico, Canada and Panama. The intended partnership, which is between SMIT, a wholly owned subsidiary of Boskalis, and SAAM, a wholly owned subsidiary of Sociedad Matriz SAAM SA…

Baffin Bay seismic approved

Jun 27, 2014

Canada's National Energy Board (NEB) has approved a Geophysical Operations Authorization (GOA) application from TGS-NOPEC Geophysical Company (TGS), Petroleum GeoServices (PGS), and Multi Klient Invest (MKI) to conduct a 2D offshore seismic…

Greenland: ASL to build ocean data geoportal

Jun 18, 2014

The Mineral Licence and Safety Authority of the Government of Greenland (MLSA) has contracted ASL Environmental Sciences to build and maintain a web-based marine geoportal from which sea ice, iceberg, metocean, and seafloor data from the…

C-NLOPB offers Jeanne d'Arc basin block

Jun 11, 2014

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced details of a Call for Bids in the Canada-Newfoundland and Labrador Offshore Area. Call for Bids NL14‑01 (Jeanne d’Arc Region), consists of one parcel equaling 108…

BHI offshore rig count for North America

Jun 06, 2014

Today's Baker Hughes North American offshore rotary rig count listed 58 rigs operating this week, down 2 rigs from a week ago but up 2 rigs from a year ago (4% year-over-year increase). Gulf of Mexico The majority, 56 rigs, are working in the Gulf of Mexico…

BHI offshore rig count up 18%

May 23, 2014

Today's Baker Hughes North American offshore rotary rig count listed 60 rigs operating this week, up 3 rigs from a week ago and up 9 rigs from a year ago (18% year-over-year increase). The majority, 58 rigs, are working in the Gulf of Mexico…

Atlantic Towing gets Canadian contract for PSVs

May 20, 2014

Atlantic Towing has been awarded a contract by ExxonMobil Canada Properties and Hibernia for four new platform supply vessels operating out of St John's, Newfoundland and Labrador. The 10-year contract also includes 15 years of options at the Charterers' discretion…

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