Baker Hughes, a GE company announced that the Baker Hughes international rig count for August 2019 was 1,138, down 24 from the 1,162 counted in July 2019, and up 130 from the 1,008 counted in August 2018. The international offshore rig count for August 2019 was 244, down 11 from the 255 counted in July 2019, and up 32 from the 212 counted in August 2018.
The world wants Canadian oil and natural gas, according to an updated international research survey by Ipsos, conducted on behalf of the Canadian Association of Petroleum Producers (CAPP).
Clariant has opened its next High Throughput Experimentation (HTE) Laboratory in Houston, Texas - the energy capital of the United States. The location is key as the new facility will be the first of its kind supporting the Oil & Gas industry, offering new and sophisticated solutions for customers. This lab is part of a global Clariant initiative to expand HTE capabilities to all Clariant Business Units, including direct support for Oil Services in North America, the Asia Pacific region, Latin America, Africa and the North Sea.
Bureau Veritas, a world leader in testing, inspection and certification services, is using cutting edge technology to reduce costs for clients - while increasing safety for engineers at the same time. This is a part of BV's ‘Twintelligence' campaign of twinning expertise with technology.
The PetroLMI Division of Energy Safety Canada has launched an enhanced website with added features to help Canadians pursue new or different career opportunities in the oil and gas industry.
Advantage Oil & Gas Ltd. reports that a significant Montney light oil pool has been discovered and appraised at Progress, Alberta, on the Corporation's 47 net section block of 100% owned lands. This discovery elevates the Progress asset to be a primary element of the Corporation's near-term liquids development program.
Canada's Federal Court of Appeal has ruled that six of twelve legal challenges filed against the Trans Mountain Expansion Project after its approval by the federal government earlier this year can move forward to trial, on an expedited basis.
Orbital Gas Systems has received orders to supply GasPTi systems for deployment across multiple natural gas plants by one of the largest U.S.-based producers and transporters of energy. These orders, part of a nascent, ongoing roll-out of GasPTi across the customer's extensive natural gas assets, will be utilized to deliver operating and environmental improvements and practically eliminate ongoing costs associated with maintenance and natural gas consumption at certain customer facilities.
Enbridge Inc. has reached a commercial agreement with shippers to place the Canadian portion of the Line 3 replacement pipeline into service by the end of this year. This agreement reflects the importance of this safety-driven maintenance project to protecting our environment and ensuring the continued safe and reliable operation of the pipeline well into the future.
Canada has the world's longest coastline and is surrounded by three oceans and the health of our oceans matters to all of us. The Government of Canada is dedicated to protecting oceans and waterways and to keeping them clean, secure and productive for the benefit of all Canadians, now and into the future. It is of vital importance that protection is given to the marine ecosystems that are home to an abundance of ocean life, support more than 350,000 jobs and sustain hundreds of coastal and Indigenous communities. The government also recognizes that scientific research is fundamental to evidence-based decision-making when planning and carrying out marine conservation efforts.
Prime Minister Justin Trudeau and British Columbia Premier John Horgan have announced a Memorandum of Understanding affirming their joint commitment to the powering of B.C.'s natural gas production and liquefied natural gas sectors with clean electricity.
The Government of Canada intends to increase costs to Canadian families and households with the introduction of the Clean Fuels Standard (CFS) - new regulations that will impact consumers at home and at the pump, according to the Canadian Association of Petroleum Producers (CAPP).
TC Energy Corporation has announced the Nebraska Supreme Court has affirmed the November 2017 decision by the Nebraska Public Service Commission that approved the Keystone XL Pipeline route through the state.
Schlumberger open sources data ecosystem and contributes to the open group open subsurface data universe forum
Schlumberger will open source its data ecosystem and contribute to The Open Group Open Subsurface Data Universe (OSDU) Forum to accelerate the delivery of the OSDU Data Platform. Schlumberger's data ecosystem is based on core components of the DELFI* cognitive E&P environment.
Ariel Rubinstein has been named President and General Manager of Atlas Copco Compressors Canada, effective as of October 1, 2019.
Bakken shale production growth will be constrained by flaring restrictions and infrastructure bottlenecks
There is considerable potential to raise crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of oil per day (mmbd) to at least 2 mmbd. However, flaring regulations and infrastructure bottlenecks in North Dakota are limiting production growth, according to GlobalData.
Wild Well Control, Inc., a Superior Energy Services company and a global leader in well control and engineering services, has added a new 10,000 psi-rated capping stack to its WellCONTAINED group of subsea containment equipment.
Total oil & gas industry M&A deals in July 2019 worth $9.89bn were announced in the US, according to GlobalData, a leading data and analytics company.
Pembina Pipeline Corporation has announced that it will acquire Kinder Morgan Canada as well as the U.S. portion of the Cochin pipeline system in a deal valued at approximately $4.35 billion in total.
Rival Downhole Tools (Rival), a portfolio company of EV Private Equity, has secured a five-year collaborative supply agreement for drilling motors for US Land from a major oilfield services provider. Rival will utilize its market-leading engineering and operational capabilities to support the customer's substantial and growing directional drilling business. Rival will also accelerate the growth of its operational footprint into multiple basins to optimize its proximity to drilling activity.
Finning International Inc. has reported its second quarter 2019 results, showing strong results in Canada that helped drive a solid increase across the operation. Net revenues in Canada increased by 18 percent, outstripping increases in costs, showing that operational efficiencies are improving the bottom line.
Gryphon Investors, a San Francisco-based middle-market private equity firm, has signed a definitive agreement to make a significant investment in Mechanix Wear, a leading designer and manufacturer of high-performance work gloves. Working alongside current owner and CEO Michael Hale, who will retain an ownership stake in the Company, Gryphon intends to build a leading platform in the Personal Protective Equipment (PPE) sector. The transaction, which is expected to close in the fourth quarter, is subject to customary closing conditions. Terms of the deal were not disclosed.
Following an extensive investigation, flow line repairs, integrity testing and approval of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), Husky Energy will resume production from the remaining two drill centres shut in following the November 2018 oil spill offshore Newfoundland and Labrador. Husky will now begin an orderly restart and expects to reach full rates by early next week.
Indigenous communities have the innovation and drive to build a cleaner more resilient energy sector. That is why Canada is investing to increase Indigenous economic participation in energy infrastructure projects.
While both Alberta and Texas were hit hard by the oil-price drop in 2014, the Texas unemployment rate has dropped while the Alberta rate has risen, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
Obsidian Energy has continued to make good progress moving through the second quarter of 2019, according to its most recent financial reports.
Certarus Ltd. enters into CNG supply agreement with Kirkland Lake Gold for its Canadian mining operations
Certarus Ltd. has entered into a long term compressed natural gas ("CNG") supply agreement with Kirkland Lake Gold for the implementation of bulk compressed natural gas to service the heating requirements at all of its Canadian mining operations.
FLO Components Ltd. is representing Macnaught in Ontario and Manitoba. Macnaught has been a manufacturer of grease, oil and fuel equipment, hose reels and positive displacement flow meters for the agricultural, automotive, industrial, mining and transport industries across the globe, since 1948.
CAS DataLoggers provided the data acquisition solution for MTS Solutions, an oil field service company headquartered in Bakersfield, California. MTS has been providing well stimulation services in California for over 30 years, maximizing production for clients using both traditional and green products. Data Acquisition Operations Engineer Kevin England explains, "We're a small business 25-man crew, as opposed to a multi-national company, so we needed a cost-effective monitoring solution for our jobs that still had the advanced functionality our customers require."
Baker Hughes announced that the Baker Hughes Rig Count for the U.S. is down 8 rigs from last week to 934, with oil rigs down 6 to 764, gas rigs down 2 to 169, and miscellaneous rigs unchanged at 1. This is the tenth straight week that the American rig count has declined,
Single Phase Power Solutions, the world's only manufacturer of high horsepower single phase electric motors, match their motors to a pump to provide instant productivity. Available from 30 to 100 HP these single phase pump solutions are easily installed by simply connecting to available single phase utility power - they do not require a phase converter or Variable Frequency Drive (VFD). The company incorporates their Belle Single-Phase MotorT which uses Written-PoleR technology to power standard suction end centrifugal pumps, rotary gear pumps, and turbine pumps in both horizontal and vertical configurations. These pump solutions are ideal for irrigation, drinking water distribution, well pumps, aquifer management, water treatment, wastewater pumping, wastewater collection, wastewater treatment and discharge, and other water and wastewater processing applications. With expertise in pump systems design and manufacture, Single Phase Power Solutions team helps determine the correct materials and style of pump to suit specific application requirements.
In its second quarter financial results, AltaGas Canada Inc. announced that the business is maintaining a strong position and will continue to move forward with growth programs in the near future.
KROHNE, Inc. announces PipePatrol, a comprehensive suite of software modules for long or short distance single and multiproduct pipelines for oil, gas, water, chemical or refined products offers monitoring and protection of pipelines in all operating conditions.
Baker Hughes, a GE company announced that the Baker Hughes international rig count for July 2019 was 1,162, up 24 from the 1,138 counted in June 2019, and up 165 from the 997 counted in July 2018. The international offshore rig count for July 2019 was 255, up 9 from the 246 counted in June 2019, and up 38 from the 217 counted in July 2018.
Superior Industries, Inc., the U.S. based manufacturer and global supplier of bulk material processing and handling systems, has announced a new partnership with Canada's largest distributor of conveyor belting, components and other bulk material handling solutions. Belterra, a 50-year-old distributor with 19 locations throughout the country, will stock, sell and service Superior's conveyor idlers, pulleys, scrapers and accessories in Quebec.
Motive Offshore Group, specialists in marine equipment fabrication and rental, has announced the launch of Motive Personnel - a division specifically created to provide offshore technicians to its global customer base.
Abrado Wellbore Services, the specialist global, expandable section milling plug and abandonment service technology company, has secured a multi-million dollar contract from Chevron's Environmental Management Company to support the plug and abandonment (P&A) of more than 30 wells offshore California.
Baker Hughes announced that the Baker Hughes Rig Count for the U.S. is down 4 rigs from last week to 942, with oil rigs down 6 to 770, gas rigs up 2 to 171, and miscellaneous rigs unchanged at 1.