Canada upstream news
Canadian oil sands production outlook has been raised
The S&P Global Commodity Insights has raised its 10-year production outlook for Canadian oil sands for first time in more than half decade.
Bay du Nord project approved by Canadian government
Equinor and partner Cenovus Energy have not yet made a final investment decision on whether to build the Bay du Nord offshore project.
Exxon contracts Stena Forth for drilling offshore Canada
The operations are due to commence in 2H22, offshore Eastern Canada for the drilling of one firm well.
Intelligent Wellhead Systems appoints CEO
William Standifird has been appointed CEO of Intelligent Wellhead Systems.
TGS and PGS complete seismic acquisition season offshore Canada
The newly acquired data provides 3D data coverage to complement the existing 2D grid, enhancing geological and geophysical insights to explorers offshore Newfoundland.
i3 Energy completes acquisition of Central Alberta assets from Cenovus Energy
The acquisition includes approximately 8400 boe/d (51% oil and NGLs) of predictable low-decline production and 79.5 million boe of 2P reserves.
SNC-Lavalin completes sale of Resources Oil & Gas business
The sale to Kentech was completed on 15 August, following receipt of Saudi Arabian regulatory approval.
TGS and PGS start second phase of survey offshore East Canada
The Lewis Hills 3D volume is positioned in the Orphan Basin, with recent discoveries in the Flemish Pass and connecting further south to the productive Jeanne D’Arc Basin.
AqualisBraemar LOC completes decommissioning project offshore Nova Scotia
The company has completed decommissioning and removal of the Sable Project off the coast of Nova Scotia, Canada.
TGS plans 3D seismic survey in Montney Basin for 4Q21
Hipp Creek 3D will add nearly 200 km2 of seismic data tying into existing TGS 3D seismic coverage within their core area of the Montney Basin in British Columbia, Canada.