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Business & Finance

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JAB Recruitment - Drillmar
Business & Finance

Two recruitment specialists target drilling sector in Americas

Aberdeen-based recruitment services provider Drillmar has joined forces with JAB Recruitment to provide staffing solutions across the Americas.

about 5 years ago
Kentech CEO John Gilley
Business & Finance

Kentech to buy SNC-Lavalin’s oil and gas business in bid to address energy transition

Kentech has made a move to buy SNC-Lavalin’s oil and gas business in an effort to accelerate its growth strategy and address the energy transition.

about 5 years ago
An offshore wind farm
Business & Finance

Northland Power could invest € 13 billion in offshore wind in next five years

Over the next five years, Northland Power could invest between at least CAD 15 billion and CAD 20 billion (between EUR 9.8 billion and EUR 13 billion) in new offshore wind projects in which it holds ownership shares, with offshore wind being an anchor for its next phase of growth in the renewable en

about 5 years ago
SeaRose FPSO - Cenovus Energy
Business & Finance

Cenovus to see higher output and spending in 2021

Canadian oil and gas company Cenovus Energy expects to have higher production and spending in 2021 following its acquisition of Husky Energy.

about 5 years ago
Jonathan Wilkinson, Canada's Minister of Environment and Climate Change
Business & Finance

Canada greenlights three offshore drilling projects

The Government of Canada has allowed for three offshore exploration drilling projects operated by BHP, Equinor, and Chevron to proceed.

about 5 years ago
SeaRose FPSO; Source: Husky Energy Cenovus
Business & Finance

Cenovus completes merger with Husky Energy

Canadian oil firms Cenovus and Husky Energy have closed their previously announced merger, creating Canada’s third-largest oil and gas player.

about 5 years ago
SeaRose FPSO - Suncor
Business & Finance

Suncor to book $425 million impairment on White Rose assets

Suncor will record a non-cash after-tax impairment charge of approximately $425 million in 4Q 2020 on its share of the White Rose asset and West White Rose.

about 5 years ago
Hibernia platform - Gov't funding for Canada's offshore oil sector to help protect jobs
Business & Finance

Gov’t funding for Canada’s offshore oil sector to protect jobs

Newfoundland and Labrador government has announced the allocation of financial support for the Hibernia project, which will help maintain offshore jobs.

about 5 years ago
Heerema's Thialf vessel
Business & Finance

Heerema’s Thialf removes Sable facilities for ExxonMobil

Heerema’s Thialf vessel completed the eight-month-long campaign to remove the Sable Project’s offshore facilities on behalf of ExxonMobil in Canada.

about 5 years ago
Husky Energy - Cenovus Energy merger
Business & Finance

Husky-Cenovus merger gets all key regulatory approvals

Cenovus Energy and Husky Energy have obtained all of the key regulatory approvals required in connection with the combination of the two companies.

about 5 years ago
Siem Pilot vessel - Siem Offshore
Business & Finance

Siem supply vessel gets early termination in Canada

Norwegian offshore vessel owner Siem Offshore has received an early termination for a supply vessel operating offshore Canada.

about 5 years ago
SeaRose FPSO - Husky Energy
Business & Finance

Shareholders approve Husky-Cenovus merger

Shareholders from Cenovus Energy and Husky Energy have voted to support the previously announced plan to combine the two companies.

about 5 years ago
Canadians-Embark-on-Offshore-Wind-Mission-in-UK
Business & Finance

Canadians embark on offshore wind mission in UK

The Newfoundland and Labrador Environmental Industry Association (NEIA) is leading an international business development mission to the UK to help businesses from Atlantic Canada explore opportunities in the offshore wind industry. NEIA’s virtual mission is taking a geographic approach over the cour

about 5 years ago
Transocean Barents exploration drilling rig
Business & Finance

Deep dive into oil and gas exploration – then, now, and ahead

What will become of oil and gas exploration efforts in the near- and longer-term following a drastic decrease in the level of oil and gas investments?

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