Eastern Canadian provinces replace controversial Churchill Falls Hydropower deal
On Thursday, the Canadian province Newfoundland and Labrador signed a Memorandum of Understanding with its neighboring Quebec to create a deal for hydroelectric generation in Labrador. This agreement is expected to generate revenue of approximately C$200 billion (US$140.97 billion). The agreement will replace the contentious…
Floating Offshore Wind: Attention Turns Subsea for Power Transport
From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is now being paid to floating and even subsea substation concepts to help bring this power to shore. Over the past year, expectations around the growth in the floating offshore wind development have grown, significantly.
Shell to Shut Its Convent, La. Refinery Amid Pandemic
Royal Dutch Shell said on Thursday it will shut down its refinery in Convent, Louisiana, the largest U.S. facility to close since the coronavirus pandemic first hit and devastated economic demand worldwide.The shutdown, to occur this month, comes after Shell failed to find a buyer.The refinery is the ninth in North America either to announce a shutdown or to be idled since the pandemic…
Wood Promotes Leonard in Americas Role
Engineering firm Wood said it has appointed Paul Leonard as President of Operations Services in its Americas business to succeed Tim O’Leary, who is retiring from the company after a 20-year tenure.Wood’s Operations Services business complements the company’s capital projects businesses through the provision of operations…
Husky Restarts White Rose
Husky Energy said that it has received approval for the limited restart of oil and gas production from White Rose field offshore Newfoundland and Labrador.SeaRose FPSO project was shut down after a spill of about 250,000 litres after a heavy wind storm a couple of months ago.“We have worked with our certifying authority…
SeaRose FPSO Production Remains On Hold
Oil production continues to be suspended at the SeaRose FPSO, about 350 kilometers east of St. John’s for the last 50 days. There’s no information on when production will resume.Production was suspended and shutdown began on November 16 after two spills - an estimated 250,000-liter spill - following a storm.Efforts…
Husky SeaRose FPSO Ops Suspended
Operations at the SeaRose floating production, storage and offloading (FPSO) vessel are suspended, with all production wells secure, after an oil release, according to information released by Husky EnergyOperations will remain suspended until a full inspection of all facilities is completed and Husky has received the…
Atlantic Canada Oil Spill Caused by Weak Flowline Connection
A weak connector on an underwater oil flowline caused a spill during a fierce Atlantic storm last week off the coast of Canada's Newfoundland & Labrador, Husky Energy Inc said on Tuesday.The spill is the largest-ever off the coast of the Canadian province, the regulator Canada-Newfoundland & Labrador Offshore Petroleum Board said.Husky…
Van Oord Bags Husky Energy's West White Rose Project
Dutch offshore and dredging services specialist Van Oord has been awarded the contract to carry out offshore installation works for the West White Rose Project of the east coast of Newfoundland, Canada.The project will give Canadian oil company Husky Energy access to resources west of the existing White Rose field.The…
Fugro Goes Seep Hunting off Eastern Canada
A geophysical acquisition portion of a 2018 Carson Basin seep hunting program offshore eastern Canada recently completed by Fugro covered an area of 18,875 square kilometers in water depths from 300 to 3,300 meters in this frontier region offshore Newfoundland. From its deepwater survey vessel, Fugro Searcher, Fugro acquired multibeam echosounder data (bathymetry…
Equinor Eyes Investment Decision on Bay du Nord Project in 2020
Norway's oil and gas firm Equinor expects to make the final investment decision on deepwater Bay du Nord project offshore Canada in 2020, the company and Canada's Newfoundland and Labrador province said on Thursday.The province's government said in a statement it has finalised a framework agreement with Equinor and…
Idled St. Croix Refinery to Restart, Produce Fuels by 2020
Owners of an idled oil refinery in St. Croix, U.S. Virgin Islands, which was once one of the world's largest refineries, plan to invest $1.4 billion to refurbish and restart a portion of the plant, they said on Monday. ArcLight Capital Partners, a private equity firm that owns 80 percent of Limetree Bay Terminals LLC…
Fugro Sells Seep Data Before Canadian Offshore Bidding
Fugro and partner Amplified Geochemical Imaging (AGI) have reported recent success selling licenses for data from a frontier region offshore Canada. The data were acquired during a hydrocarbon seep survey, heat flow and geochemical coring campaign in the large Orphan Basin, situated on the continental margin of Newfoundland.The…
UTEC Develops Bespoke FPSO Virtual Management Tool
UTEC has delivered a bespoke Virtual Asset Management tool to an offshore Operator in Eastern Canada to allow its team to remotely access its floating, production storage and offloading unit (FPSO) from their desktop. The field, located offshore approximately 350 kilometers southeast of Newfoundland and Labrador contains one of the largest FPSO vessels ever built.
Exxon Selling Stake in Terra Nova Oil Project
Exxon Mobil Corp is selling its entire stake in the Terra Nova oil project off the eastern coast of Canada, though the world's largest publicly traded oil producer said it was committed to remaining an investor in the region. The project, located about 217 miles (350 km) off Newfoundland and Labrador, produced about 5,000 barrels of oil per day in 2016.
ExxonMobil's Canada Offshore Project Produces First Oil
The Hebron oil project off the coast of eastern Canada has produced its first oil, operator Exxon Mobil said on Tuesday, in a boost to Atlantic Canada's output after years of weak crude prices. At its peak Hebron will produce up to 150,000 barrels per day (bpd), Exxon said. It will help Atlantic Canada offshore production climb 44 percent to 307…
Fugro, AGI to Supply Seep Data to Canada
Fugro said it has teamed up with Amplified Geochemical Imaging (AGI) to acquire offshore hydrocarbon seep data in advance of Canada’s 2018 east coast bid round. Bathymetry, backscatter and water column anomaly data will be collected to pull together a comprehensive picture of surficial geological features. These data…
TechnipFMC Wins West White Rose Contract
TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract from Husky Energy for the West White Rose Project in Eastern Canada. The contract covers the supply and installation of subsea equipment including tie-in manifolds, flexible flowlines, and control umbilicals, which…
Statoil Scales Down 2017 Exploration Plans
Norway's Statoil has reduced its exploration ambitions for 2017 and will drill around 30 wells, down from previous plans for as many as 35, its chief financial officer said on Thursday. The company has revised its exploration spending guidance for 2017 to $1.3 billion from $1.5 billion, citing "strict prioritisation…
Statoil Completes Two-well Exploration Drilling Campaign Off Newfoundland
Statoil, along with its partner, Husky Energy, has finalized a two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland. Both wells were drilled safely and efficiently by the Seadrill West Aquarius in the Flemish Pass Basin, located approximately 500 kilometres east of St. John’s, Newfoundland and Labrador.