yyctimes

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Edmonton Police Service announces regimental funeral for 2 slain officers set for March 27

    March 21, 2023

    Protest to demand renaming of Calgary’s Sir John A. Macdonald School

    March 21, 2023

    Guilbeault wants stronger links with Alberta on issues of oilsands tailings ponds

    March 21, 2023
    • Home
    • Contact Us
    Facebook Twitter
    yyctimes
    yyctimes
    Home ยป Oil and gas drilling sector expects activity to pick up in 2023
    yyctimes

    Oil and gas drilling sector expects activity to pick up in 2023

    yyctimesBy yyctimesNovember 23, 2022No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By The staff

    The Canadian Press

    Posted November 23, 2022 1:19 p.m

    The organization that represents Canada’s oil and gas drilling sector says it expects more activity in 2023.

    The Canadian Association of Energy Contractors (CAOEC) says it expects 6,409 wells to be drilled in Canada in 2023, an increase of about 15 percent from 2022.


    Click to play video: '2020 worst year on record for drilling in Canadian oil patch, 2021 could see fragile recovery'

    1:47
    2020 worst year on record for drilling in Canadian oil patch, 2021 could see fragile recovery


    The CAOEC predicts that 42,350 people will be directly and indirectly employed by the drilling sector in 2023, an increase of more than 5,400 jobs year-on-year.

    Popular now

    Popular now

    Story continues below advertisement

    The industry group says it expects a boost next year from the completion of the Trans Mountain pipeline expansion and the Coastal GasLink project, both of which will increase Canadian oil and gas capacity.

    It says the energy transition also creates opportunity for drillers in areas such as helium, carbon capture and storage, in-situ hydrogen, and mineral extraction from oil field brines.

    Read more:

    Canada’s oil and gas companies failing to meet environmental obligations: report

    Read more

    • Canada’s oil and gas companies failing to meet environmental obligations: report

    The group says labor recruitment and retention remains a challenge to overcome in the energy industry.


    Click to play video: 'Alberta's oil and gas industry prepares for COP27'

    1:58
    Alberta’s oil and gas industry prepares for COP27



    Journalistic standards


    Report a bug

    &copy 2022 The Canadian Press



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    yyctimes
    • Website

    Related Posts

    Edmonton Police Service announces regimental funeral for 2 slain officers set for March 27

    March 21, 2023

    Guilbeault wants stronger links with Alberta on issues of oilsands tailings ponds

    March 21, 2023

    Auto parts shortage continues to drive Canadians to frustration

    March 21, 2023

    Teen hospitalized after Calgary hit and run – Calgary

    March 21, 2023

    Alberta-imported kids pain meds finally in the province

    March 20, 2023

    Calgary off-leash parks contaminated with dog feces, causing health problems: study

    March 20, 2023

    Leave A Reply Cancel Reply

    Don't Miss
    yyctimes

    Edmonton Police Service announces regimental funeral for 2 slain officers set for March 27

    By yyctimesMarch 21, 2023

    4 days after two cops have been shot and killed whereas responding to a home…

    Protest to demand renaming of Calgary’s Sir John A. Macdonald School

    March 21, 2023

    Guilbeault wants stronger links with Alberta on issues of oilsands tailings ponds

    March 21, 2023

    Braid: The Liberals are striving to change Canada’s very nature

    March 21, 2023
    Our Picks

    Edmonton Police Service announces regimental funeral for 2 slain officers set for March 27

    March 21, 2023

    Protest to demand renaming of Calgary’s Sir John A. Macdonald School

    March 21, 2023

    Guilbeault wants stronger links with Alberta on issues of oilsands tailings ponds

    March 21, 2023

    Braid: The Liberals are striving to change Canada’s very nature

    March 21, 2023

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Our Picks

    Edmonton Police Service announces regimental funeral for 2 slain officers set for March 27

    March 21, 2023

    Protest to demand renaming of Calgary’s Sir John A. Macdonald School

    March 21, 2023

    Guilbeault wants stronger links with Alberta on issues of oilsands tailings ponds

    March 21, 2023
    New Comments

      Type above and press Enter to search. Press Esc to cancel.