Kinder Morgan Canada now expects a takeover of its Trans Mountain crude oil pipeline to close in late 2018, with the Government of Canada funding construction of the expansion project through closing, the company said in a proxy filed on Tuesday.Kinder Morgan Canada shareholders will vote on the Canadian government's proposed C$4.5 billion ($3.45 billion) takeover on Aug. 30, the company said in a July 27, 2018 letter to shareholders posted in the proxy. The Trans Mountain pipeline [Read more]
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New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Aug. 3 Electrical, Instrumentation & Controls Technician TransCanada Oyen Aug. 2 Field Operator Roska DBO Fox Creek Aug. 2 Plant Operator / 2nd Class [Read more]
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Design + Building Oil & Gas Infrastructure – A Modern Approach
Walking into the office of Mike Esfarjani, President & CEO of EPFC Corp, it doesn’t take long for one to notice on his wall a large project charter mounted in a heavy black frame. The charter is surrounded by well known corporate logos and features the signature of each partner associated with an exciting new venture. “It represents the commitment of our strategic vendors for the design build of a natural gas plant, water hub, and gathering system for a major oil and gas producer in the [Read more]
Baker Hughes Announces July 2018 Rig Counts
HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for July 2018 was 997, up 38 from the 959 counted in June 2018, and up 38 from the 959 counted in July 2017. The international offshore rig count for July 2018 was 217, up 22 from the 195 counted in June 2018, and up 13 from the 204 counted in July 2017. The average U.S. rig count for July 2018 was 1,050, down 6 from the 1,056 counted in June 2018, and up [Read more]
Perpetual Energy Inc. Receives Statement of Claim
CALGARY, Aug. 6, 2018 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual" or the "Company") announces that it has received a Statement of Claim filed by PricewaterhouseCoopers Inc. LIT ("PwC"), in its capacity as trustee in bankruptcy of Sequoia Resources Corp. ("Sequoia"), with the Alberta Court of Queen's Bench (the "Court"), against Perpetual, Perpetual Operating Trust, Perpetual Operating Corp. and Susan Riddell Rose. The claim relates to an almost two year old transaction when, on [Read more]
Canada Weekly Rig Count Unchanged From Last Week
Western Canada’s fleet of drilling rigs remained at 223 according to data collected by Baker Hughes for the week of August 3rd. From one week ago, Alberta rig counts increased from 150 to 156. Saskatchewan's rig count decreased from 52 to 46. Oil drilling went from 154 to 152; natural gas rigs increased from 69 to 71. View a full breakdown of western Canada’s rig activity. [Read more]
U.S. oil drillers cut rigs for second week in three
Aug 3 (Reuters) - U.S. energy companies this week cut oil rigs for a second time in the past three weeks as the rate of growth has slowed over the past couple of months with recent declines in crude prices. Drillers cut two oil rigs in the week to Aug. 3, bringing the total count down to 859, General Electric Co’s Baker Hughes energy services firm said in its closely followed report on Friday. The U.S. rig count, an early indicator of future output, is higher than a year ago when 765 rigs [Read more]
Oil prices pull back as trade tensions weigh on market
NEW YORK (Reuters) - Crude futures pulled back on Friday, giving up gains from the previous session as trade concerns weighed on the market and fueled concerns about demand. U.S. West Texas Intermediate (WTI) crude futures were down 75 cents at $68.21 a barrel by 12:08 p.m. EDT. Brent crude futures were at $73.05 per barrel, down 40 cents from their last close. Both grades briefly traded down more than $1 a barrel. U.S. crude is on track to end the week down 0.2 percent, while Brent has [Read more]
Hundreds line up for gushing West Texas oil jobs
ODESSA, TEXAS (Reuters) - Job fairs are stocked with people hungry for better opportunities, but inside the MCM Grande Hotel in Odessa, Texas, oil services giant Halliburton is the one doing the wooing. “We need to hire you is our message,” said Chris Redman, a field services manager with Summit ESP, which Halliburton acquired last year. More than 500 men and women flocked to the hotel in Odessa, Texas, on a Thursday last month to be courted by Halliburton, which needs people to handle [Read more]