It is a majority owned subsidiary of Chinese state owned company CNOOC Group. Globally, the number of listed players in the oilfield services sector is just over 100, with a combined market capitalisation of about US$250 billion. David Sheppard, Financial Times says “Producers are facing up to the crash in oil demand as coronavirus forces economies into hibernation”. Three months ended December 31. If you are an oilfield service company, an oilfield supply company, or an oil company make sure you are listed on OilfieldPages.ca. Oil Field Services in Canada (6255 Result(s)) Relevance. COSL claims a 95% share of China's market for offshore drilling services, 70% of the marine support and transportation market, 60% of the well survey services market and more than 50% of the seismic data collection market. B…. China Oilfield Services usually purchases off shore vessels (OSVs) and operates them in Southeast Asia, the Middle East and Central Asia in off shore projects of CNOOC. On August 1, 2016, through a US subsidiary, Canadian Energy Services (CES) completed the acquisition of all of the production and specialty chemical business assets of Catalyst Oilfield Services, a private company headquartered just outside of Midland. 7. Canadian Association of Oilwell Drilling Contractors applauds Alberta Government’s approach to allocation federal well reclamation funds. Canadian Nitrogen Services is a privately owned oilfield service company with operations in North America and Saudi Arabia. On 23 September 2008, COSL acquired Norway's Awilco Offshore ASA (AWO) for 17.1 billion yuan (2.51 billion U.S. dollars), which is to be merged into COSL Drilling Europe AS, a wholly owned subsidiary of COSL. New and used oilfield equipment for sale and rent, including frac tanks, well service units and more. Finding Canadian oilfield service and supply companies is fast and easy with OilfieldPages.ca. It also operates in Indonesia, Malaysia and the Caspian Sea. Your project will be planned, executed safely and in compliance, while being completed on-time and within budget. In January 2021, the average monthly price of the Canadian oil benchmark Western Canadian Select (WCS) amounted to 40.04 U.S. dollars per barrel. Closest; Highest rated ... Canadian Grass Roots Well Services. China Oilfield Services (COSL) is an oilfield services company. Quality oilfield generators from quality companies for all of your oil field power equipment needs. CANADIAN OILFIELD SERVICES. regardless of load weight or size, or your location. The 10 Biggest Energy Stocks Investing in large-cap energy titans can add value and diversity to your portfolio. Can they... March 09, 2021 ... Canadian Investor will use the information you provide on this form to be in touch with you and to provide updates and marketing. Oilfield Services in Canadian on YP.com. Prime Minister Jason Kenney announced that Alberta is beginning to seek to exploit large reserves of natural gas. Earlier this month, the PetroLMI Division of Energy Safety Canada reported more than 7,700 oil and gas sector jobs were lost in April compared with March, with 6,500 of the lost jobs from the oilfield services sector. Contact Information. [2], Learn how and when to remove these template messages, Learn how and when to remove this template message, "China Oilfield Considers Selling Shares in China", China Huanqiu Contracting & Engineering Corporation, China Petroleum Engineering and Construction Corporation, International Association of Oil & Gas Producers, https://en.wikipedia.org/w/index.php?title=China_Oilfield_Services&oldid=955659837, Companies formerly in the Hang Seng China Enterprises Index, Companies listed on the Hong Kong Stock Exchange, Companies listed on the Shanghai Stock Exchange, Articles needing additional references from September 2018, All articles needing additional references, Articles lacking in-text citations from September 2018, Articles that may contain original research from September 2018, All articles that may contain original research, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License, This page was last edited on 9 May 2020, at 01:56. BNN Bloomberg, Closing price of Western Canadian Select (WCS) crude oil at the beginning of each week from December 30, 2019 to March … Here are the 10 biggest Canadian oil and gas companies measured by trailing 12-months (TTM) revenue. Navigate OilfieldPages.ca on your desktop computer, laptop computer, iPad, tablet, or … See reviews, photos, directions, phone numbers and more for the best Oil Field Service in Canadian, TX. Cybersecurity and IT Risk Consulting Firm Expands Advisory Services with Threat Detection and Response. The oilfield services company says the profit for the quarter ended Dec. 31 amounted to $2.19 per diluted share. Quality oilfield generators from quality companies for all of your oil field power equipment needs. Serving the Canadian Oil & Gas Industry. It also has a listed sister company in Hong Kong, CNOOC Limited. It is a commitment that shows in our products and services. Large Canadian oilfield services companies with operations in the U.S. are now earning more of their revenue south of the border than they are in Canada, according to a study by AltaCorp Capital. Canadian Natural Resources Limited 2100, 855 - 2 Street SW Calgary, Alberta, Canada T2P 4J8 Phone: 403.517.6700 Fax: 403.517.7350 Our Western Canadian Operations cover an area from the Northwest Territories, through Northern British Columbia, all of Alberta and down through Central and Southern Saskatchewan and Manitoba. Canadian Oilfield Services Activity Forecast; Education Fund Scholarships; Master Service Agreement; Perforating Industry Code of Practice; Studies and Reports; Total Compensation Survey; Transportation of Dangerous Goods; Well Cost Study Brandt Completes GeoShack/INTEQ Acquisition, Expands to Serve Entire Canadian Geopositioning Market July 31, 2020. Pipeline Contractors Pipeline contractors providing quality services to the oil and gas industry including facility construction, pipeline integrity management and pipeline maintenance. Copyright © 2021 COSSD.com All rights reserved. COSL posted a 22.7% year-on-year rise in interim net profit to 555.9 million Yuan, ($115 million). CNS SERVICES. According to Mr Chen, US firms tend to be the most expensive with enterprise values running two to three times book values, compared with one or less in Europe and Asia. Canadian Energy Services. ... Petroleum Services Association of Canada welcomes federal government aid for oilfield services sector. Athabasca’s Hangingstone Project is an oil sands steam-assisted gravity drainage (SAGD) project that was developed about 20 kilometers south-west of Fort McMurray in Alberta, Canada. Oil industry faces biggest crisis in 100 years. Service companies interested in working for the OWA can find information in the Work With Us tab. The two largest companies in this sector are Schlumberger with a 2007 year-end market cap of US$117.6 billion and Halliburton with a 2007-year end market cap of US$33.4 billion. COSL's overseas revenue surged 133% year on year in the first half of 2015 to 209.8 million yuan, driven by demand for its services in Indonesia, West Africa and the Middle East. Staying proactive on oil field safety training can mean the difference between life and death. Calfrac Well Services Ltd. CFW: Cathedral Energy Services Ltd. CET: CES Energy Solutions Corp. CEU: ... Large technology and consumer tech companies are facing greater regulatory scrutiny. 201 Thickwood Blvd, Fort McMurray, AB T9H 5A9 Get directions. Resource for oil and gas exploration and production, hydrocarbon processing, unconventional fuels, shale oil and gas - Oilfields, pipelines, LNG and petrochemical projects in the Arab gulf, offshore Africa, Middle east, East Mediterranean, Caspian Sea, and Latin America Here are the 10 biggest Canadian oil and gas companies measured by trailing 12-months (TTM) revenue. The deal received backing from the relevant government departments of Norway and Statoil, the state oil company of Norway. The top five account for 40% of the industry's market capitalisation. Petroleum Services Association of Canada Leading Energy Services, Supply, Manufacturing and Innovation Brandon-based Cando Rail Services got its start as a rail salvage company and found success in making all that was old new again. COSL had an office in Kuala Lumpur, Malaysia briefly in the early 2000s when it had its first western Vice President, Alan Good, a British born Oilman who helped launch the company internationally and pushed for further growth in the international sector. Investing In Canadian Oilfield Services & Drilling Companies Oil, Gas & Energy Analysis / By admin The oilfield services industry provides investors with exposure to the oil and gas commodity sector minus the inherent risks associated with exploration and development drilling. By 2040, Alberta plans to become an exporter of hydrogen, which is an envir…, The Coastal GasLink (CGL) pipeline is a 670-kilometer-long natural gas pipeline designed to carry natural gas from mines in north-eastern British Columbia to a liquefaction plant located at…. China Oilfield Services usually purchases off shore vessels (OSVs) and operates them in Southeast Asia, the Middle East and Central Asia in off shore projects of CNOOC. Trucking Companies for all your industrial transportation needs The shares were sold at an average price of $12.06, for a total value of $103,993.38. A petroleum reservoir or oil and gas reservoir is a subsurface pool of hydrocarbons contained in porous or fractured rock formations.Petroleum reservoirs are broadly classified as conventional and unconventional reservoirs. BCE also owns and operates a media segment comprising television, radio, and digital media assets. Liberty Oilfield Services Inc. (NYSE:LBRT) CEO Christopher A. Wright sold 8,623 shares of the stock in a transaction dated Wednesday, February 24th. The Brandt Group of Companies is pleased to announce that, effective July 10, they have successfully acquired the assets of GeoShack Canada Company and the Canadian … Canadian telecom behemoth, BCE provides wireless, internet, television, and fixed-line services. That oilfield services (OFS) stocks have not only reclaimed “investability” status but enjoy among the most resilient and bullish sentiment in the market at the moment. The deal increased the number of COSL's operating rigs to 22 from 15 and created the world's eighth largest rig fleet. Essential Energy Services Ltd - Provides oilfield services to oil and gas producers in Western Canada and Colombia. Twelve months ended December 31 ... and the ability of oil and gas companies … ACE Trucking & Mechanical Services is a Fort McMurray-based oilfield equipment transportation service company. This report by The Canadian Press was first published May 21, 2020. With nearly 10 million customers, the company holds about 30% of the market. maintenance. CALGARY — Calfrac Well Services Ltd. reported a fourth-quarter profit of $125.9 million, boosted by a gain on the settlement of debt. [1] It also has a listed sister company in Hong Kong, CNOOC Limited. COSL also maintains an office in Houston, TX as COSL America. It is a majority owned subsidiary of Chinese state owned company CNOOC Group. At Global Steel, we are focused on your business. Globally, about 15% of oil companies' capital expenditure goes to exploration, 35% to field development and 50% to production. 2020 Operating Results: Revenue in 2020 decreased by $92.7 million to $103.7 million (or 47%) compared to $196.4 million in 2019. Purnell Energy Services Ltd. (PES) is an Oilfield Service company providing construction services for producing companies with assets in both upstream and midstream sectors of the industry throughout Alberta, British … ... Western Canadian stock points to the job site. ; Secure Energy Services - Secure is an energy services company that focuses on providing specialized services to upstream oil and natural gas companies. Pipeline contractors providing quality services to the oil and gas That was a … China Oilfield Services (COSL) is an oilfield services company. Each stock point is supported by veteran trucking companies specializing in oilfield transportation and providing 24-hour service. Following the sale, the chief executive officer now owns 3,985,539 shares of the company's stock, valued at $48,065,600.34. industry including facility construction, pipeline integrity management and pipeline Broad range of oilfield contractors.
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