Canada upstream news
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.
TGS and PGS begin Cape Anguille 3D survey offshore East Canada
The survey covers existing lease blocks and open acreage in the prospective Orphan Basin.
Fugro awarded deepwater site investigation contract for Equinor in eastern Canada
Fugro’s field campaign will run from July until August and entails a seabed survey, an environmental survey and a soils investigation.
Shell sells Duvernay shale assets to Crescent Point Energy
The transaction includes the transfer of approximately 450 000 net acres in the Fox Creek (Kaybob) and Rocky Mountain House (Willesden Green) areas, along with related infrastructure, currently producing around 30 000 boe/d from more than 270 wells.
Kentech acquires SNC-Lavalin's oil and gas business
Completion is anticipated in the first half of 2021.
Suncor to assume Syncrude operatorship by end of 2021
The Syncrude joint venture has agreed in principle that Suncor will become the operator of the Syncrude oil sands project in Alberta, Canada, by the end of 2021.
BP and Equinor make discoveries offshore Newfoundland
Two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons.