THE OGM: 30 YEARS IN BUSINESS Edition - Read Now!
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OUR GREAT MINDS
OUR GREAT MINDS
There’s a lot of demand for LNG, especially in areas around the globe that do not readily have access to energy. According to the Canadian Association of Petroleum Producers, there is an estimated demand for Liquified Natural Gas amounting to an estimated 300 year supply in Canada. Natural Gas could mean securing Canada’s energy supply […]
The Centre for Marine Simulation at the Marine Institute received a welcome gift from Teekay (Atlantic) Management ULC. Teekay donated a ship bridge simulator providing a generous contribution to support the students of the Marine Institute. The offshore industry was gathered at the Marine Institute to celebrate the momentous event and included industry stakeholders and […]
Canada’s production and delivery of oil products, natural gas and electricity contributes about $170 billion to Canada’s GDP. The energy industry is one of the most important contributors to Canada’s economy and provides the foundation for our health care, education, and other social services in the country. According to Natural Resources Canada: In 2018, Canada’s […]
Key points $4 billion worth of exploration commitments for offshore Newfoundland are about to take place! Jim Keating of Nalcor Energy describes the drilling potential as, “a bow wave of investment as eight oil companies, with 10 exploration plans, launch exploration campaigns offshore Newfoundland.” Drilling Ratio’s for discovering oil is: seven exploration wells drilled for […]
November 6, 2019 The Honourable Siobhan Coady, Minister of Natural Resources, responded to the announcement that bids for exploration licenses offshore have been received as a result of the most recent calls for bids in the South Eastern Newfoundland Region and Jeanne d’Arc Regions, both located in the Canada-Newfoundland and Labrador Offshore Area. There was […]
In the last 18 months, we have seen a shower of unfortunate events take place in the oil and gas industry Offshore Newfoundland; The dispute over Bill C69, four oil spills and now the fishing industry is upset about potential disruption in important fishing zones. One has to wonder, why is this happening now when […]
Any operations start-up has a degree of risk associated with the first time it is done at the rig site. Whether it be the first time the crew has ever been together to do a reasonably routine operation or the first time the operation has been attempted by a cohesive team which has been together […]
Paradigm Group are celebrating their 10 Year anniversary in business this week at Offshore Europe 2019. Since its inception in September 2009, the Dutch-based company has established four stand-alone companies in the group, all with the remit to develop and commercialize innovative upstream oil and gas technology products and services. The now-global group has bases […]
July 24th, 2019 Indonesia and Malaysia will contribute around 80% of the Southeast Asia’s total crude production from eight planned and announced projects in 2025, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Southeast Asia – […]
ExxonMobil has released a video showing what it is like to live and work on one of the world’s largest offshore platforms, Hebron, located off the coast of Newfoundland and Labrador. The Hebron project started production in November 2017. At its peak, the project will produce up to 150,000 barrels of oil per day. Discovered in […]
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