Canada upstream news
National Energy Board approves Enbridge’s Line 21 replacement programme
Enbridge applied to the NEB on March 10, 2017 after identifying a potential safety concern related to a shifting slope on the Mackenzie River.
GlobalData: onshore fields account for more than half of ExxonMobil’s crude production to 2021
GlobalData forecasts that over US$39.2 billion in Capex will be spent by ExxonMobil on oil projects over the next four years, with onshore fields accounting for over half of the company’s crude production in this period.
Total Energy Services Inc. announces preliminary 2018 capital expenditure budget
This CAN$33 million budget includes CAN$9 million of expansion capital and CAN$24 million of equipment maintenance and upgrade capital.
Statoil drills wells offshore Newfoundland
Statoil has finalised an exploration drilling programme, which has not resulted in the discovery of hydrocarbons.
Apache announces strategic exit from Canada
Apache Corporation has announced that it will complete an exit from Canada upon the closing of three recent transactions.