Projects

The two companies of Chevron Energy Technology Co. and GE Oil and gas have formed the Chevron GE Technology Alliance to develop and commercialize technologies that could potentially help solve important issues for the oil and gas industry.

Magnolia LNG officially inaugurated its Lake Charles office at the Capital One tower. More than 70 guests were presented for the inauguration of the 1,800ft2 office, which will serve as Magnolia’s representative office while the company’s LNG plant is under construction.

Wavefront Technology Solutions, a provider of fluid injection processes for mature field revitalisation (enhanced oil recovery or EOR) and oil and gas well stimulation has won a USD 1.3M contract from Ecopetrol.

The Standards Council of Canada (SCC) selected the balloon-type ball backwater valve as the product topic for the plumbing/heating sector joint Canada-U.S.

Husky Energy sanctioned a new heavy crude oil flexibility project at its refinery in Lima, Ohio, which will allow for the processing of up to 40,000 barrels per day (bbls/day) of heavy crude feedstock from Western Canada starting in 2017.

Ben van Beurden, who began his role as Shell’s new CEO on January 1, 2014, has announced that even though the company’s overall strategy is solid, he has new priorities.

SNL Metals and Mining’s Annual Corporate Exploration Strategies study has named Canada, US and Australia the top countries for most significant drill results last year.

The global oil and gas company, Shell, has started production from the Mars B development through Olympus. It is the company’s seventh and largest floating deep-water platform currently located in the Gulf of Mexico.

HitecVision acquired shares of GC Rieber Shipping (GCR) in Reef Subsea. Through this share purchase, HitecVision secures 100% of the shares in the company and enables Reef Subsea to move forward with a strategy to develop Reef along two main business areas – dredging and excavation (D&E) and integrated projects (IP).

Husky Energy has sanctioned two new heavy oil thermal projects in Saskatchewan that will produce 20,000 barrels per day (bbls/day).