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Husky Energy Profit Rises on Increased Production

Husky Energy Inc, Canada's No.3 integrated oil company, reported a 4 percent increase in second-quarter earnings, helped by an 8 percent rise in production. Net income for the quarter ended June 30 rose to C$628 million ($586 million), or 63 Canadian cents per share…

China Studies Floating Gas Plants for South China Sea

Chinese energy giant CNOOC Group is studying the possibility of building a multibillion-dollar floating liquefied natural gas (FLNG) vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea.

Suncor Appoints Husky Energy's Cowan as CFO

Suncor Energy Inc , Canada's largest integrated oil and gas producer, said on Monday it has appointed Alister Cowan as its chief financial officer, ending a seven-month search. Cowan has had the same role at Husky Energy Inc, the country's No. 3 integrated oil producer, since 2008.

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Nations Wary of Extracting Carbon from Air to Fix Climate

Many nations want a draft U.N. report to tone down prospects for sucking greenhouse gases from the air to help fix global warming, reckoning the technologies are risky, documents seen by Reuters show. Government officials and scientists are meeting in Berlin this week to edit the report…

The Quest for Arctic O&G Standards

Improving and updating Arctic design standards for material, equipment and offshore structures for the petroleum, petrochemical and natural gas industries. Seventy representatives from seven countries met for two days in St. John’s, Newfoundland…

Arctic Standards Development Moves Ahead

Improving and updating Arctic design standards for material, equipment, and offshore structures for the petroleum, petrochemical and natural gas industries. Seventy representatives from seven countries met for two days in St. John’s, Newfoundland…

Aker Solutions Awarded Contract from Husky

Aker Solutions received a contract award notification for offshore engineering services to support Husky Energy's activities at the offshore White Rose field in Canada. The scope of work includes studies, modifications (EPCI) and campaign maintenance services.

Aker Wins Big EPCI Contract Offshore Canada

Aker Solutions awarded contract for offshore engineering services to support Husky Energy at White Rose field. The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an option…

Kvaerner Wins EPC Contract for Hebron GBS Project

ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS).

Technip Awarded Contract, Sunrise Energy Project in Canada

Technip announces that its wholly-owned subsidiary, KTI Corporation, was awarded a purchase order by Snamprogetti Canada to design and supply ten Once Through Steam Generation (OTSG) units for the first phase of the Sunrise Energy Project. The…

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