WorleyParsons has been awarded an engineering, procurement, fabrication and construction (EPC) contract for the Pipestone Processing Facility in Alberta, Canada by Encana Corporation (Encana).
EnCana has awarded Aker Solutions a contract for the transport and installation of wellhead protection structures on the Deep Panuke development, offshore Nova Scotia.
Cenovus Energy Inc. has been selected as the new name for the integrated oil company that EnCana Corp. is creating as part of its split into two independent energy companies focused on unconventional resources – an integrated oil company and a pure-play natural gas company.
Weir Westgarth, part of the Techna Division of the Weir Group, has been awarded a multi-million dollar contract on the Buzzard Oilfield Development Project.
A group of foreign oil companies in Ecuador have said the government's plans to seek fresh investments to raise crude output faces risk of failure because of unattractive contract terms.
The biggest oil discovery in the North Sea for 25 years was announced when the developers of the Buzzard field said it could contain 1.1 billion barrels of oil.