Service & Supply
Outlook for 2020 drilling activity ‘even worse’: PSAC
Friday, November 1, 2019, 7:22 AM MDT
The Petroleum Services Association of Canada (PSAC) released a grim outlook for 2020 drilling activity on Thursday, citing ongoing market…
Woodfibre LNG floats ‘flotel’ proposal for workers
Wednesday, October 30, 2019, 7:29 AM MDT
The company planning to build the Woodfibre LNG plant in Squamish, B.C. is floating the idea of a floating work…
Trans Mountain says it’s hired 2,200 people
Monday, October 28, 2019, 7:25 AM MDT
One of the reasons why the Trudeau government said it bought the Trans Mountain pipeline and supported the expansion project…
‘Huge’ business opportunities for offshore oil and gas sector in offshore wind: IEA
Monday, October 28, 2019, 7:11 AM MDT
A new report from the International Energy Agency (IEA) predicts the global offshore wind industry will “expand impressively” over the…
Mitsubishi Hitachi Power Systems to provide units for Suncor cogen plant
Tuesday, October 22, 2019, 8:02 PM MDT
Mitsubishi Hitachi Power Systems (MHPS) says that Suncor Energy has placed an order for two of its advanced class gas…
Doing more with less impact on what matters most
Tuesday, October 22, 2019, 10:41 AM MDT
How can Alberta reduce greenhouse gas emissions, attract investment, and build a more diverse, lower carbon economy?That’s the question Emissions…
Acden and Bravo Target Safety announce oilsands partnership
Tuesday, October 22, 2019, 7:21 AM MDT
The industrial arm of the Athabasca Chipewyan First Nation and Calgary-based Bravo Target Safety have launched a new partnership in…
Socially responsible investing goes mainstream
Tuesday, October 22, 2019, 7:13 AM MDT
Divesting from a sector considered bad for humanity – whether tobacco, oil or firearms – is only one side of…
Schlumberger rips off Band-Aid with $12.7 billion writedown
Monday, October 21, 2019, 7:10 AM MDT
Wall Street guessed that writedowns from Schlumberger Ltd. were coming, but some analysts were taken aback by the sheer size…
Baker Hughes goes green, literally, as it becomes independent of GE
Friday, October 11, 2019, 7:16 AM MDT
The rhetorical question of whether a leopard can change its spots may now apply to one of the largest oilfield…
Halliburton cuts workforce in U.S. Rockies on lower activity
Thursday, October 10, 2019, 7:07 AM MDT
Halliburton Co. is reducing its workforce in the Rockies as the biggest oilfield service contractor to announce job cuts grapples…
Canadian drilling activity at more than 25-year low: Peters & Co.
Wednesday, October 9, 2019, 7:26 AM MDT
Drilling activity in Western Canada is currently depressed at historic levels, according to a new report from Peters & Co.…
