Adapt to survive was the mantra preached by oil and gas service companies at ONS2018. Executives from TechnipFMC and Baker Hughes, a GE company, spoke on what it takes to thrive in the modern digital era.
The company, whose stock has underperformed the broader market in recent years, in May won a proxy fight with activist investor Cation Capital.
The Joslyn lease is located directly south of Canadian Natural’s current Horizon oil sands mining and upgrading project in Alberta within the Athabasca region.
Federal government failed to adequately consult with First Nations, court rules.
Investors are now more confident that supply is likely to fall short of demand in the coming months, as reflected by a narrowing in the discount or spread.
Whether Trans Mountain will be completed on time is still unclear.
The Integrated Decision Approach has been in pilot project stage since 2016 with a number of producers and will be fully rolled out by 2021.
Pipeline crews expected to arrive in spring 2019.
Full environmental review of revised route ordered for TransCanada project.
Analysts with Tudor, Picking, Holt & Co. said Ensign’s proposed acquisition of Trinidad would create one of the largest North American land drillers with critical mass in many key international markets.