Canada News

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…

Eastern Canada seismic campaign boost

May 07, 2014

Seismic acquisition firms PGS and TGS are working together to expand 2D seismic coverage offshore eastern Canada ahead of a new tenure round in the area, while EMGS signed a multi-client license agreement with Nalcor Energy (see below) covering the Flemish Pass basin…

OTC14: CIS doubles turnover with Shell contract

May 05, 2014

Craig International Supplies (CIS) has been awarded new contracts with Shell which will almost double the turnover of its business.   The contracts will increase the international reach and buying power of the procurement division of Scottish family-owned energy services and shipping firm…

KCA inks Hebron contract

Apr 14, 2014

The Platform Services division of global drilling and engineering company KCA Deutag agreed on a multi-million dollar contract with ExxonMobil Canada Properties for work on the Hebron heavy oil development project. The contract for drilling…

Canada, Saudi Arabia, Mexico increase share of US crude imports

Apr 04, 2014

The US Energy Information Administration’s new “Today in Energy” brief looks at how US oil imports were down in 2013, but the share of imports last year from the United States' top three foreign oil suppliers—Canada, Saudi Arabia, and Mexico—was the highest in at least four decades…

Statoil bets on Flemish Pass

Apr 01, 2014

A lot has changed for Statoil in the past four years. In 2010, the company had two core exploration areas (the Norwegian Continental Shelf and the US Gulf of Mexico), said Jez Averty, Senior Vice President of Exploration for Statoil, North America…

Lacasse named Rankine lecturer for 2015

Mar 21, 2014

The 2014 Rankine lecture was presented on 18 March at Imperial College in London, by Prof. Guy Houlsby, Oxford University. After the lecture the next year's Rankine lecturer was announced: Dr. Suzanne Lacasse, from the Norwegian Geotechnical Institute…

Vard launches Canada subsidiary

Mar 18, 2014

Shipbuilding firm Vard has set up a new subsidiary for ship design, engineering and sales activities in Canada. Vard Marine Inc. is a ship design and marine engineering company providing solutions for offshore and specialized vessels such as offshore support…

C-NLOPB improves offshore helicopter safety

Mar 11, 2014

As the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) remembers those lost, work continues to improve offshore helicopter passenger safety This week marks the anniversaries of the crashes of Cougar 491 on 12 March 2009 and a Universal helicopter on 13 March 1985…

CERA14: Rising costs become "new reality"

Mar 04, 2014

During his keynote address at IHS CERAweek, Chevron Chairman and CEO, John Watson (pictured), addressed the challenges and changes in the industry, noting the effects of rising costs on the industry’s success. With labor and cost doubling over the past decade…

Exxon inks Subsea 7 for Hebron

Feb 28, 2014

Subsea 7 has been awarded a US$75 million three-year subsea construction services contract by ExxonMobil Canada Properties. The contract supports the Hebron heavy oil field development, in the Jeanne d'Arc Basin, 350km southeast of St John's…

Mexico, Canada, US agree to new fuel standards

Feb 21, 2014

Mexican President Enrique Peña Nieto and Canadian Prime Minister Stephen Harper agreed at a summit on Wednesday, to adopt the tough new fuel standards for heavy-duty trucks that President Barack Obama set for the US on Tuesday. The North…

Exmar, PRE order second FLNG unit

Feb 06, 2014

Belgium's Exmar and Canada's Pacific Rubiales Energy (PRE), through its wholly-owned affiliate Pacific Midstream Holding, announced the ordering of a barge-based floating LNG regasification unit under a 50/50 joint venture. The unit will…

Canada considers new offshore spill regulations

Feb 03, 2014

On 30 Jan 2014, House Government Bill C-22 was introduced in the second session of Canada's 41st Parliament, amending the Canada Oil and Gas Operations Act for, among other matters, new requirements for regulatory preauthorization of…

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