Canada News

Repsol taking Talisman

Feb 18, 2015

Talisman Energy shareholders approved Spain’s Repsol to take over the Canadian company for an estimated US$8.3 billion. Image from Repsol.   In an overwhelming vote of more than 99%…

First Canadian contract for R2S

Jan 14, 2015

Return To Scene has won its first contract for the R2S photographic capture in Canada via Canadian distributor NSB Energy. Work on the contract, worth about US$ 800,000, has already started, said the firm. Return To Scene’s innovative…

Hibernia workers get new deal

Jan 08, 2015

Workers at the Hibernia gravity-based offshore oil platform, represented by Canadian union Unifor, have voted to accept a new collective agreement with their employer. The new agreement includes improvements in wages, benefits and working conditions including for temporary employees…

Woodside farms-in offshore Nova Scotia

Dec 18, 2014

Woodside advises that it has finalized an agreement with BP to farm in to offshore blocks in the Scotian basin, off the coast of Nova Scotia, Canada. BP accepted Woodside’s offer to acquire a 20% participating interest in exploration licenses 2431…

Chevron cancels Beaufort plans

Dec 18, 2014

Chevron has said it is canceling plans to drill for oil in the Beaufort Sea in Canada's Arctic because of economic uncertainty in the industry as oil prices fall. Beaufort Sea map. From Chevron.   The…

Repsol agrees $8.3bn for Talisman

Dec 16, 2014

Spain's Repsol has agreed a deal to buy Canadian exploration and production company Talisman Energy for US$8.3 billion plus debt - amounting to the largest international deal by a Spanish company in five years. The deal, which had been rumored for some months…

Largest offshore Newfoundland bid accepted

Dec 16, 2014

Newfoundland and Labrador’s latest exploration licensing round has resulted in a $559 million bid led by ExxonMobil – the largest bid in the province’s history for a single parcel.  ExxonMobil bid as part of a consortium with Canada’s…

Woodside buys Apache LNG stakes

Dec 15, 2014

Australia’s Woodside Petroleum will purchase Houston-based Apache’s interest in two LNG projects, Wheatstone and Kitimat LNG (pictured, right) for approximately US$2.75 billion. Apache announced in late July that it would exit the two…

Pacific Rubiales, ALFA create JV to develop off Mexico

Dec 04, 2014

Toronto-based Pacific Rubiales Energy and Mexico’s Alfa S.A.B. de C.V (ALFA) entered into an agreement to create a 50:50 joint venture for the development of business in Mexico. Pantin. From Pacific Rubiales…

Helideck Analytics acquires inspection service company HCA

Dec 02, 2014

Privately held Helideck Analytics Ltd. has acquired the Helideck Certification Agency (HCA), which provides inspection and certification services for offshore helidecks. Alex Knight. Photo from HCA. HCA is based in Aberdeen…

Cameron wins Hebron equipment supply contract

Dec 02, 2014

Cameron has been awarded a multi-year contract by ExxonMobil Canada Properties for wellhead equipment and production trees for the Hebron project, a 52-well development located offshore Newfoundland. Cameron will supply large-bore, high-pressure equipment including wellheads…

WGPSN secures Hibernia extension

Nov 19, 2014

Engineering services firm Wood Group PSN (WGPSN) has been awarded a multi-million dollar contract extension for services on the Hibernia platform, offshore Newfoundland and Labrador. WGPSN is providing engineering, procurement and construction on Hibernia…

Betting on Hebron

Nov 01, 2014

First oil from ExxonMobil’s giant Hebron project off Newfoundland and Labrador is set for 2017. Sarah Parker Musarra received an update on the development from Geoff Parker, Hebron senior project manager, and examines its place in the Canadian energy economy…

The Netherlands turns tide

Oct 30, 2014

A consortium of nine organizations including Bluewater Energy Services, Damen Shipyards Group, Van Oord and the Dutch Tidal Testing Centre have partnered to deploy a trial floating tidal energy platform in the Wadden Sea. It will mark…

Pemex, Pacific Rubiales team up

Oct 17, 2014

Toronto-based, South American-focused explorer Pacific Rubiales Energy has entered into a three-year memorandum of understanding (MOU) with Mexico's state oil firm Pemex, the company announced on 17 October. Pacific Rubiales said the…

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