Enerflex Ltd. and Exterran Corporation have considered a possible combination, as they announced early this morning, going back a decade, due to commonality in culture and capabilities, as well as businesses and markets, says Marc Rossiter, president and chief executive officer of both Enerflex and the soon-to-be combined company.
Enerflex Ltd. and Exterran Corporation announced a business combination “to create a premier integrated global provider of energy infrastructure.”
The ability to quickly pivot amidst fast-changing industry and societal conditions was one of the main lessons learned during the COVID- 19 pandemic by the natural resources sector, attendees of last week’s virtual 19th Annual B.C. Natural Resources Forum heard.
Quite simply: Scaling up is a key way to competitively produce “green” hydrogen at lower costs from renewables, says Joe Cargnelli, chief technology officer at Hydrogenics Corporation.
The Canada Energy Regulator (CER) has decided not to put its consideration of the NorthRiver Midstream Inc. NEBC Connector project on hold.
Drilling rig activity in Western Canada and the Top 10 active operators as of Jan. 24, 2022 as reported this morning by Rig Locator.
Calculating the emissions performance of oil and gas operators — in absolute terms, and on an intensity scale — is much more than a baseline regulatory requirement in today’s market. And it will be central to their overall ‘ESG identity’ as 2022 progresses.
Nesika Services, a grassroots, community-led not-for-profit, has been formed to support Indigenous communities to maximize economic opportunity through ownership of the Trans Mountain pipeline.
Avanti Energy Inc. has completed initial open hole logging and drill stem testing (DST) on the company's first helium well, Rankin 01-17, on its 100 per cent-owned Greater Knappen property, located in Montana.
Obsidian Energy Ltd. has outlined a 2022 capital plan of $143–$149 million, plus an additional $14 million in decommissioning expenditures.
Obsidian Energy Ltd. announced a leadership transition with the departure of Aaron Smith, senior vice-president development and operations, effective Jan. 31, 2022.
Early in 2022, Obsidian Energy Ltd. received an additional $2 million of Alberta Site Rehabilitation Program (SRP) support with the expansion of Period 5, bringing total support from the ASRP to over $37 million (on a gross basis) of grants and allocations.
Pieridae Energy Limited’s strategic review is now complete, the special committee has been dissolved and the mandate of Peters & Co. Limited has ended.
NCS Multistage Holdings, Inc. announced that a jury in the U.S. District Court for the Western District of Texas, Waco Division has found that Nine Energy Service, Inc.’s BreakThru casing flotation device infringes on an NCS patent, U.S. Patent No. 10,465,445.