Canada upstream news

The decrease represents a 33% reduction in the company's upstream spending.

The Dual Camera Analytic Module – Methane is designed for continuous monitoring and autonomous real time detection and alerting of methane leaks.

IFR and SIMMONS EDECO will work together to pursue oil and gas opportunities in the Mexican market primarily focused on upstream oil and gas.

The company has started acquisition of the Plains 3D seismic survey in the Northern Shelf area of the Midland Basin in Texas, US, and Ravenclaw 3D in the Edson area of Alberta, Canada.

2G Robotics will join the Sonardyne group of companies, while remaining an independent business and brand, continuing to serve its customer base in unmanned and autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs).

DOF Subsea has secured contracts for pre-lay and LBL array installation activities in Guyana, subsea installation work in Trinidad and well-head removal work in Canada.

The winning bids commit the company to an exploratory work programme, including geological studies, seismic and wells over a three-year phase (Phase 1) on each of the exploration contracts.

Achieving the 10 000 stages milestone fulfills the Equinor vision for Reveal Energy Services, an Equinor spin-out in 2016, to commercialise and further develop IMAGE Frac™ pressure-based fracture maps.

The acquisition includes the the Jumping Pound, Caroline and Waterton gas plants, 29 000 boe/d of production, a partial ownership of the Shantz sulfur plant and 1700 km of pipelines.

The report by Nalcor Energy-Oil and Gas and Beicip-Franlab, in partnership with the Government of Newfoundland and Labrador has identified an additional 3 billion bbl of oil and 5.8 trillion ft3 of gas potential offshore Newfoundland.