Company Operations News for Canada


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EM&I: Local Staff 'Key' to Success of Overseas Bases
Monday, April 23, 2018 Employing a local staff majority as soon as possible has been 'key' to the success of EM&I Group's overseas bases, the international asset integrity specialist reveals.

Drilling Systems, AIS Launch New Tech-Focused Training Company
Friday, April 20, 2018 Drilling Systems, a simulator developer, joins forces with industrial training provider AIS to create a new technology-focused training organization for the global energy industry.

Petroplan Appoints New CEO
Wednesday, April 18, 2018 Petroplan Group appoints Philippa Barnes as its new CEO.

Husky CFO Resigns
Thursday, April 05, 2018 Husky Energy announces that its chief financial officer, Jon McKenzie, has resigned and will be leaving the company effective April 5.

TechnipFMC, Magma Global in Collaboration Agreement
Friday, March 23, 2018 TechnipFMC agrees the terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe for use in offshore applications.

Shell CEO's Salary Increases
Thursday, March 15, 2018 The salary of Royal Dutch Shell plc's CEO, Ben van Beurden, increased by 2.5% in 2018.

Subsea Equipment Specialist Invests In New Technology
Tuesday, March 13, 2018 Global subsea equipment specialist, Ashtead Technology, invests $3.8 million in new technology over the past month in response to anticipated market demand.

MOL Urges Graduates to Apply for Growww Program
Wednesday, March 07, 2018 Hungary-headquartered oil and gas company MOL Group urges graduates to apply for the latest edition of its award-winning talent acquisition program, Growww.

Bravo Target Safety to Create up to 500 Jobs in Coming Months
Friday, February 16, 2018 Bravo Target Safety says it will be creating up to 500 employment opportunities in the coming months.

Enbridge To Double Asset Sales, Targets About C$8B, Sources Say
Thursday, February 15, 2018 Enbridge plans to accelerate its divestment program by selling assets.

GMG Launches New Oil & Gas Services Business Unit
Friday, December 22, 2017 Engineering services company Global Marine Group launches Global Offshore, a new business unit that will deliver trenching and power cable laying services to the oil and gas sector.

Cenovus Energy To Cut More Jobs Amid Cost-Cutting Push
Thursday, December 14, 2017 Cenovus will cut an additional 15% of its workforce and lower operating expenses as new chief executive, Alex Pourbaix, works aggressively to cut costs and lower debt.

Cenovus' Profit Beats Street View, Production More Than Doubles
Thursday, November 02, 2017 Cenovus Energy Inc's 3Q adjusted profit beat Wall Street estimates on Thursday.

Keystone Champion Named CEO at Oil-Sands Giant Cenovus
Monday, October 30, 2017 Alex Pourbaix has been named chief executive officer at Cenovus Energy Inc.

Cenovus Taps Transcanada Veteran Alex Pourbaix For CEO Role
Monday, October 30, 2017 Canadian oil and gas producer Cenovus Energy Inc names industry veteran Alex Pourbaix chief executive officer.

Precision Drilling Reports Smaller-Than-Expected Loss
Friday, October 27, 2017 Precision Drilling reports a smaller-than-expected quarterly loss.

Thailand's PTTEP Delays Canadian Oil Sands Project At Cost Of $550MM
Thursday, October 19, 2017 PTTEP says it was delaying plans investment for the Mariana Oil Sands in Canada.

Schlumberger's Latest Asset Deal Raises Fresh Concerns Ahead Of 3Q
Thursday, October 19, 2017 Schlumberger seals a deal to buy oil and gas assets worth $1 billion from Cenovus Energy.

Canadian Natural Buys Cenovus' Pelican Lake for $787 Million
Tuesday, September 05, 2017 Canadian Natural Resources agreed to buy Cenovus' Pelican Lake heavy-oil project and other assets in northern Alberta.

Canadian Natural Resources Profit Tops Estimates; Cuts CAPEX
Thursday, August 03, 2017 Canadian Natural Resources posts a higher quarterly profit that topped estimates.

Canada's Imperial Oil Posts Unexpected 2Q Loss
Friday, July 28, 2017 Imperial Oil reports an unexpected second-quarter loss due to planned and unplanned maintenance that curbed oil output.

Apache to Exit Canada
Friday, July 07, 2017 Apache Corporation confirms it will complete an exit from Canada upon the closing of 3 recent transactions.

Total Energy Services Completes Savanna Energy Services Acquisition
Wednesday, June 21, 2017 Total Energy Services Inc. completes acquisition of Savanna Energy Services Corp.

Cenovus To Replace CEO, Plans Asset Sales After Unpopular Deal
Tuesday, June 20, 2017 Cenovus Energy says it would replace Chief Executive Brian Ferguson, who championed an unpopular purchase.