Kraken Robotic Systems Inc. has finalized a contract with Canada’s Ocean Supercluster and various industry partners for the three-year, $18.8 million OceanVision project.
January 20, 2020, 8:20 AM MST
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January 9, 2020, 12 AM MST
January 6, 2020, 7:14 AM MST
CGG is completing its exit from the seabed data acquisition business and has terminated the Seabed Geosolutions joint venture agreement effective Dec. 31, 2019.
December 30, 2019, 5:32 AM MST
Exxon Mobil Corporation has secured more than 1.7 million acres for exploration offshore Egypt.
December 30, 2019, 9:55 AM MST
December 23, 2019, 7:46 AM MST
December 20, 2019, 10:38 AM MST
An exploration drilling program by CNOOC Petroleum North America ULC in the Flemish Pass Basin offshore Newfoundland and Labrador will be allowed to proceed.
December 18, 2019, 11:06 AM MST
Completion of the Trans Mountain pipeline expansion is among the top priorities identified by Prime Minister Justin Trudeau in a recently-released mandate letter to Natural Resources Minister Seamus O’Regan.
December 16, 2019, 12 AM MST
December 13, 2019, 8:30 AM MST
Canadian oil supply rose by 140,000 bbls/d in October, as higher offshore production more than offset a decline in oilsands output, but it declined from a year ago, according to the International Energy Agency (IEA).
December 12, 2019, 8:18 AM MST
December 12, 2019, 10:57 AM MST
December 12, 2019, 7:48 AM MST
Enbridge Inc. and Enterprise Products Partners L.P. have agreed to jointly develop and market a deepwater offshore crude oil export terminal capable of fully loading Very Large Crude Carriers (VLCCs).
December 9, 2019, 8:51 AM MST
December 6, 2019, 8:04 AM MST
November 29, 2019, 7:10 AM MST
November 27, 2019, 7:11 AM MST
The recent dud of a licensing round appears to support the Canadian Association of Petroleum Producers’ negative long-term outlook for Newfoundland’s offshore oil industry. But, in fact, the Newfoundland and Labrador (NL) government has done much to revive the industry in recent years, and the province is more likely to see a substantial increase in oil production through the year 2035 than a substantial decline.
November 26, 2019, 9:20 AM MST
The Impact Assessment Agency of Canada (IAAC) is seeking comments from the public and Indigenous groups on a draft environmental assessment report on the Jeanne D'Arc Basin multi-well exploration drilling project offshore Newfoundland and Labrador.
November 26, 2019, 12 AM MST
November 18, 2019, 7:56 AM MST
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November 11, 2019, 7:27 AM MST