News Energy Oil & Gas Business Operations Sustainability
October 30, 2013
TransForce exiting Canadian oil rig moving business to focus on US
Move will reduce annual revenues by up to $25 million but also cut losses.
June 19, 2013
Statoil hits more oil off Newfoundland
New discovery of light, high-quality oil in Flemish Pass Basin.
News Oil & Gas Business Operations Sustainability
August 28, 2012
No one injured after huge cylinder falls from NL oil rig
Operations onboard the offshore rig have been suspended pending investigation.