In what is rumoured to be a “helluva deal” for Canadian Natural Resources Limited (CNRL) (TSX:CNQ), the company announced it had acquired 70 per cent of the Athabasca Oil Sands Project (AOSP), 70 per cent of the Scotford upgrader, and other oil sands properties from Shell Canada Limited. Insiders believe Shell was out-negotiated, out-maneuvered, and…
Schlumberger announced recently it had invented a comprehensive single-trip and abandonment system which enables an operator to save significant dollars in its abandonment milling, cutting, and retrieving operating costs. It also cuts the required trips by about 50 per cent and reduces the number of days required for plugging-and-abandonment (P&A) operations. This “all-inclusive system” is…
In mid-March, 2017 Royal Dutch Shell announced it had abandoned its plan to construct a liquefied natural gas (LNG) facility in Prince Rupert, BC. The project, located at the south of Ridley Island, was one the company had received when it purchased BG Group in 2016. The good news is Shell reconfirmed its commitment to…
CSV Midstream Solutions Corporation recently signed an agreement with an intermediate-sized producer to build, own, and operate a 100 million cubic feet (mmcf) sweet gas processing plant in the Resthaven area of Alberta. The company plans to launch construction in the third quarter, 2017 and commission it in the first quarter, 2018. CSV’s vision is…
In what is rumoured to be a “helluva deal” for Canadian Natural Resources Limited (CNRL) (TSX:CNQ), the company announced it had acquired 70 per cent of the Athabasca Oil Sands Project (AOSP), 70 per cent of the Scotford upgrader, and other oil sands properties from Shell Canada Limited. Insiders believe Shell was out-negotiated, out-maneuvered, and…
Researchers at Polytechnique Montreal announced last fall they had developed a conductive, 3D-printable composite which, they believe, industry can use to detect and describe liquids in real time. They believe this discovery could have significant applications in hydrocarbons, aerospace, and manufacturing industries. Their paper, entitled 3D Printing of Highly Conductive Nanocomposites for the Functional Optimization…
