Regasification plant in Canada still on scheduleFeb 19, 2009In only four months, the Canaport LNG terminal in Saint John, New Brunswick nears completion after SGS Industrial Services verified the 3 cryogenic Liquefied Natural Gas
Norway offshore builder applauds $200M from CanadaFeb 17, 2009Norway-based offshore construction company Cecon, biggest client of Canada’s Davie Yards, has secured the $200 million in export credits from the ...
Petro-Canada in “excellent” shape despite $569M lossJan 29, 2009Petro-Canada has posted a net loss of C$691 million ($569 million) for the fourth quarter of 2008, a 230 percent drop over the ...
True Energy Trust provides operational updateJan 21, 2009True Energy Trust's financial plan for 2009 is focused on preserving its liquidity position and financial flexibility.
Wood Group chair shows arctic faithJan 14, 2009UK-based contractor Wood Group will pay $500,000 to set up an arctic engineering program at the 17,000-strong Memorial University in ...
Canada Energy Partners commences gas sales in British ColumbiaJan 6, 2009Canada Energy Partners commences gas sales from eight wells on its 50,788-acre Peace River Coalbed Methane (CBM) Project.
JED Oil files fourth default status report and closes asset saleJan 1, 2009JED Oil has filed its fourth Default Status Report under Canadian National Policy 12-203, pursuant to which the Company announced that its financial statements for the third quarter ended September 30, 2008 would not be filed by November 14, 2008.
ExxonMobil invites Seajacks to SableDec 19, 2008Self-propelled jack-up rig promoter Seajacks International Ltd. has won an ExxonMobil contract offshore Canada for bringing in an ...
Oil province Alberta set to harvest windDec 19, 2008Canada’s oil province Alberta is lining up C$2 billion in power lines to connect hundreds of wind turbines expected soon for the ...
Petro-Canada cuts $1.3B from 2009 plansDec 11, 2008Petro-Canada has lowered its 2009 big spending by $1.3 billion in fear of the markets and will focus on “living within financial means” while staying liquid ...
StatoilHydro withdraws application for Alberta upgrader projectDec 5, 2008StatoilHydro has withdrawn its regulatory application for the development and construction of a bitumen upgrader in Alberta’s Industrial Heartland in Canada.
Aker Solutions asks subsea allies to Deep PanukeNov 25, 2008Canadian oil company EnCana Corp. has hired Aker Solutions to move and install wellhead production structures at the Deep ...
Europe’s arctic oil, gas drive beginsNov 21, 2008The European Commission has officially called for cooperation with Norway and Russia — who are not members of the European Union — in coordinating its drive to secure the Arctic’s oil and fish wealth.
NaiKun confirms excellent wind resource and seabed conditions at project siteNov 18, 2008NaiKun Wind Energy Group Inc. provides pdates on its field work for the 2008 season, including key technical and engineering activities required to advance
Petro-Canada profit doubles to $1BOct 23, 2008Petro-Canada has produced a near doubling of third-quarter earnings, the company said Thursday, as a C$1.24 billion ($984 million) operationg result showed ...
Stealth provides Shale Gas operations updateSep 29, 2008Stealth Ventures Ltd. says that its production is rapidly growing beyond its second quarter average of 236 BOE/D, primarily due to tie-in operations on its current 70 well program at Wildmere, Alberta.
Oil companies pledge $190M to drill off CanadaSep 16, 2008Canadian oil companies Husky Oil and Suncor were the top bidders in a quietly held recent land sale offshore Canada’s oil-rich maritime provinces, local goverment has heralded.
Norwegian clients also owners at Canadian yardApr 23, 2009Shipbuilding interests in Cecon ASA of Norway have secured a large ownership stake in Canada’s already Norwegian-dominated ...
By WILLIAM STOICHEVSKI
