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Business & Finance

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Fossil EnergyFPSO & VesselsOil & GasAuthorities & GovernmentBusiness Developments & ProjectsEnvironmentExploration & ProductionRegulation & PolicyRules & RegulationVesselsGreen MarineInfrastructurePorts & LogisticsMarine EnergyOperations & MaintenanceSafetyClean FuelLNGSeismicSubseaSurveys & InterventionsVessels & VehiclesTechnologyHydrogenProject & TendersMarket OutlooksOutlook & Strategy
SeaRose FPSO off Canada
Business & Finance

Charges laid over massive oil spill offshore Canada

Canadian offshore petroleum regulator has laid charges against Husky, now part of Cenovus, related to an offshore oil spill in November 2018.

about 5 years ago
Offshore rig count
Business & Finance

U.S. offshore rig count up by three units

The number of offshore rigs in the U.S. has seen a steady increase for two weeks in a row, based on Baker Hughes’ weekly rig count report on Friday.

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about 5 years ago
CPP Investments
Business & Finance

CPP Investments to become sole owner of Ports America

Canada Pension Plan Investment Board (CPP Investments) has entered into a definitive agreement to become the 100% owner of Ports America, North America’s largest marine terminal operator, by acquiring interest from funds managed by Oaktree Capital Management, L.P.

about 5 years ago
Terra Nova FPSO - Suncor
Business & Finance

Terra Nova partners sanction life extension project

Suncor and its Terra Nova partners have finalized the agreement to restructure the ownership and move forward with the life extension project.

about 5 years ago
New EU-Canada partnership targets ocean tech innovation
Business & Finance

New EU-Canada partnership targets ocean tech innovation

The Centre for Ocean Ventures & Entrepreneurship (COVE), GCE Ocean Technology (GCE OT), Subsea Monitoring Network (SMN) and Ocean Innovation Norwegian Catapult Centre have signed a memorandum of understanding (MoU) to collaborate on ocean technology innovation.

about 5 years ago
Avalon Sea support vessel for Hebron
Business & Finance

Worker on Hebron support vessel injured during lifeboat testing

Canada’s safety regulator has revealed that a worker has been injured in an incident on a vessel supporting ExxonMobil’s Hebron platform.

about 5 years ago
Kent
Business & Finance

Kent finalises buy of SNC-Lavalin’s oil and gas business

Dubai-based energy services company Kentech has completed the acquisition of Canada-based SNC-Lavalin’s oil and gas business.

about 5 years ago
Repsol buys Irving Oil's interest in Canaport LNG
Business & Finance

Repsol buys remaining Irving Oil’s interest in Canaport LNG

Spanish oil and gas company Repsol has bought the remaining 25 per cent of interest in Canada’s Canaport LNG from Canadian oil and natural gas company Irving Oil.

about 5 years ago
An image of PanGeo Subsea Sub Bottom Imager underwater
Business & Finance

Kraken finalises PanGeo Subsea purchase

Canada-based marine technology company Kraken Robotics has completed the acquisition of 3D acoustic imaging specialist PanGeo Subsea.

about 5 years ago
Kraken inks definitive agreement for PanGeo buy
Business & Finance

Kraken inks definitive agreement for PanGeo buy

Canadian marine technology company Kraken Robotics has signed a definitive agreement to acquire 3D acoustic imaging specialist PanGeo Subsea. PanGeo’s assets consist primarily of human capital, know-how and equipment comprised mostly of sub-bottom imaging units and acoustic imaging units that are us

about 5 years ago
SEAMOR Marine and DroneQ Robotics team up for ROV solutions
Business & Finance

SEAMOR Marine and DroneQ Robotics team up for ROV solutions

Unmanned technology systems operator and integrator DroneQ Robotics has signed a partnership with Canadian remotely operated vehicle (ROV) developer SEAMOR Marine to boost ROV solutions.

about 5 years ago
Canada supports clean energy projects with up to $35 million
Business & Finance

Canada supports clean energy projects with up to $35 million

To reduce emissions, the Canadian goverment will invest up to $35 million for projects led by the British Columbia Center for Innovation and Clean Energy.

about 5 years ago
Cheniere
Business & Finance

Cheniere inks gas supply deal for Corpus Christi LNG with Tourmaline Oil

A subsidiary of U.S. LNG export project developer Cheniere has signed a long-term gas supply deal with Canada’s largest natural gas producer Tourmaline Oil.

about 5 years ago
World’s recoverable oil resources take a hit, Rystad says
Business & Finance

World’s recoverable oil resources take a hit, Rystad says

The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C.

about 5 years ago