ProSep Inc., a Montreal based company, dedicated to providing process solutions to the oil and gas industry, today announced it was awarded a contract valued at approximately $13 million for the design and supply of a seawater treatment and water injection system for installation on a floating production system that will operate in a deepwater [...]
January 30, 2012 | Posted in
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Ithaca Energy Inc., a North Sea oil and gas exploration, development and production company with offices in Calgary, Canada and Aberdeen, Scotland notes the recent movement in the Company’s share price on the Toronto Stock Exchange and confirms that it has received a confidential, non-binding proposal to acquire all of the outstanding shares of the [...]
January 23, 2012 | Posted in
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Chevron Canada Limited, Statoil Canada Ltd. and Repsol E&P Canada Ltd. have concluded agreements to conduct exploration activities offshore Atlantic Canada. Chevron and Statoil have also finalized another agreement for exploration activities in the Canadian Beaufort Sea. These new joint ventures over large blocks in deep water represent important strategic steps for all three companies. [...]
January 13, 2012 | Posted in
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C-NLOPB, the regulatory agency for the Newfoundland and Labrador Offshore Area received notification from Suncor Energy that a helicopter owned by Cougar that was en route to the Terra Nova FPSO returned to base and landed safely at approximately 8:10 a.m., January 11, 2012. The helicopter was some 20 miles out from St. John’s when [...]
The National Energy Board (NEB or the Board), an independent federal regulator of several parts of Canada’s energy industry released filing requirements for future applications to drill in the Canadian Arctic Offshore. The Filing Requirements follows several months of extensive consultation carried out across the North during the NEB’s Arctic Review. During the Arctic Review, [...]
Husky Energy Inc., a Canadian energy company based in Calgary, Alberta announces a $4.7 billion ($4.1 billion net cash) capital expenditure program for 2012 which builds on the momentum achieved over the past year to increase short-term production and supports the continued execution of the Company’s mid and long-term growth initiatives. “This has been a [...]
An anchor handling tug supply vessel, Maersk Detector, last night collided with Transocean’s GSF Grand Banks rig , offshore Newfoundland. Both, the vessel and the rig have been damaged to some extent, but luckily the crew sustained no injuries, said Husky Energy’s spokesperson, Coleen McConnell. Husky Energy, Canadian oil & gas exploration and production company [...]
Cougar Helicopter was, on Monday afternoon, grounded on the heli deck of Transocean owned, Henry Goodrich semi submersible rig due to potential hydraulic liquid leak, C-NLOPB said in its incident bulletin. The issue was discovered during routine checks by the crew of the helicopter, offshore Canada. C-NLOPB said on its website that it was notified [...]
Statoil and its co-venturers Repsol and Chevron have been named the successful bidders for exploration rights on two land parcels in the Flemish Pass Basin, offshore Newfoundland and Labrador, Canada. This was the result of a land sale issued by the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). The land parcels are located west of [...]
November 17, 2011 | Posted in
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TSC Group Holdings Limited secures a US$ 29.2 million contract for a Super M2 jack-up rig (300 ft) package from CIMC Raffles Shipyard. The deal comes with an option for another similar Super M2 jack-up rig package by the end of this year. TSC Group will design, engineer and provide an integrated drilling rig package [...]
October 12, 2011 | Posted in
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