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Outlook & Strategy

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Great Lakes-St. Lawrence River
Outlook & Strategy

CMC calls for green corridor in the Great Lakes­–St. Lawrence region

Canada’s Chamber of Commerce (CMC), representing over 100 Canadian & U.S. ports, shipowners, and other marine transportation companies operating in the Great Lakes-St., has unveiled its 2023 wish list to legislators and policymakers targeting the creation of a “green corridor” in the Great Lakes­–St

about 3 years ago
Canadian oil and gas firm becoming sole owner of Thai subsidiary
Outlook & Strategy

Canadian oil and gas firm becoming sole owner of Thai subsidiary

Canada-headquartered upstream oil and gas company Valeura Energy is acquiring the remaining minority interest in its special purpose vehicle subsidiary company Valeura Energy Asia Pte. Ltd, which holds all of the company’s assets in Thailand. Through a share exchange agreement (SEA), Valeura will ac

about 3 years ago
Illustration of Bay du Nord FPSO; Source: Equinor
Outlook & Strategy

Controversial Bay du Nord oil project awaits outcome of court challenge

Equinor spent two days in court two weeks ago, tackling the court scrutiny over the development of its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador, as Ecojustice set out to overturn the government’s approval for this $12-billion project. The outcome of this chall

about 3 years ago
With environmental approval in place, Canada’s Cedar LNG inks long-term liquefaction services deal
Outlook & Strategy

With environmental approval in place, Canada’s Cedar LNG inks long-term liquefaction services deal

Cedar LNG, Canada’s first Indigenous majority-owned LNG facility, has received its environmental assessment certificate (EAC) from the British Columbia (B.C.) Environmental Office, and has signed a memorandum of understanding with ARC Resources for long-term liquefaction services. The proposed Cedar

about 3 years ago
British Columbia’s new energy action framework to cap emissions, LNG facilities in focus
Outlook & Strategy

British Columbia’s new energy action framework to cap emissions, LNG facilities in focus

Canada’s province British Columbia has a new energy action framework that is expected to cap emissions and create new opportunities for people in clean energy and technology. According to BC’s government, under this new framework, the province will require all proposed LNG facilities in or entering

about 3 years ago
Bay du Nord FPSO; Source: Sea Salt Design
Outlook & Strategy

Court scrutiny underway for $12 billion oil & gas project off Canada

The saga surrounding the development of a controversial Bay du Nord offshore oil project located in Canada continues with a court challenge.

about 3 years ago
Aker Solutions
Outlook & Strategy

Multiple players join forces to scale up oil & gas field decarbonisation

On a quest to decarbonise oil and gas field operations, four companies have teamed up to specify and fund pre-FEED for two emission-free power projects.

about 3 years ago
Prince Rupert port
Outlook & Strategy

Prince Rupert Port celebrates 10 years of its Green Wave Program

The Prince Rupert Port Authority (PRPA) is marking the tenth anniversary of its Green Wave program, which provides financial incentives to shippers who voluntarily invest in environmentally sustainable practices. Since 2013, commercial vessels have been assessed and allotted savings on their harbour

about 3 years ago
Fugro's remote operations center in Canada opens for business
Outlook & Strategy

Fugro’s remote operations center in Canada opens for business

Fugro has opened a new remote operations center (ROC) in St. John’s, Canada, which will be used for controlling offshore survey operations. According to Fugro, the St. John’s ROC will serve offshore energy and other marine-based clients whose work in Canada often involves harsh operating conditions

about 3 years ago
New company for offshore services comes to market
Outlook & Strategy

New company for offshore services comes to market

France-headquartered Bourbon and Canada’s Horizon Maritime have established a new company with a base fleet of seven vessels dedicated to providing marine services and operations with a focus on the North Sea and Canadian offshore markets. Incorporated in Norway, Bourbon Horizon is strategically pos

about 3 years ago
Illustration of Bay du Nord FPSO; Source: Equinor
Outlook & Strategy

What’s new for the controversial Bay du Nord oil project?

The court hearing for the controversial Bay du Nord offshore oil project was expected to kick off last week, however, this was not the case. What does this mean for the project? Is the hearing cancelled or just postponed until a later date?

about 3 years ago
Bay du Nord FPSO; Source: Sea Salt Design
Outlook & Strategy

Controversial Bay du Nord oil project saga continues with court challenge

Equinor has a court fight on its hands this week regarding the development of its controversial Bay du Nord offshore oil project located in Canada.

about 3 years ago
Technip Energies to provide equipment for TotalEnergies LNG terminal in Le Havre
Outlook & Strategy

Technip Energies to boost Canada’s energy transition

Technip Energies, an engineering and technology company, has signed two separate Memorandums of Understanding (MoU), one with PCL Industrial Management, a group of independent construction companies, and another with Capital Engineering, a company offering multi-discipline consulting engineering and

about 3 years ago
Guyana & Bakken getting lion’s share of Hess’ budget boost once again
Outlook & Strategy

Guyana & Bakken getting lion’s share of Hess’ budget boost once again

Hess Corporation has unveiled its Exploration & Production capital and exploratory budget for 2023, which will amount to $3.7 billion.

about 3 years ago
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