Oil & Gas
Five-year forecast: Oil and gas looking good
The Canadian oil and gas industry looks very positive over the next five years, but a CAPP report warns there’s always the potential for economic trauma.
EDC invests $7M in Nigerian equity fund
Export Development Canada is investing $7 million in a Nigerian fund that will develop business opportunities between Canadian and Nigerian companies.
ProSep wins $5.5M gas treatment contract
ProSep has won a $5.5 million contract to provide a gas dehydration system to an unnamed international oil and gas producer operating in the South China Sea.
New plant to make large diameter pipe
An Alberta wholesale distributor of oil and gas drilling fluids, steel pipe and piping products, is teaming up with a Chinese specialty steel manufacturer to produce large-diameter seamless steel pipe in Edmonton.
Rotacan gets $455,000 FedNor investment
Rotacan, a mining equipment manufacturer in North Bay, Ont., is getting some federal government help to expand its product line.