Tag: Petroleum Services Association of Canada

Time for oilfield services assoc. to choose progressive CEO as Salkeld retires

Time for oilfield services assoc. to choose progressive CEO as Salkeld retires

Salkeld provided effective leadership as Canadian industry begins grappling with technology-driven changes to its business model Mark Salkeld is preparing to leave his job in mid-March as head of the¬†Petroleum Services Association of Canada. Who will the PSAC board choose as his successor? Will it be a conservative with instructions to push back hard against […]

By December 22, 2017 1 Comments Read More →
Canada needs ‘energy brand’ oilfield services association tells Ottawa

Canada needs ‘energy brand’ oilfield services association tells Ottawa

“Supplying the world with Canadian energy would help reduce global GHG emissions. The world needs more Canada.” The Petroleum Services Association of Canada has sent a message to Canadian parliamentarians: Canada needs a brand for energy that communicates the country’s strong oil and gas regulations and its commitment to lowering greenhouse gas emissions. PSAC highlighted […]

By December 5, 2017 0 Comments Read More →
Canadian drilling activity flat in 2017, services not recovering for another year – PSAC

Canadian drilling activity flat in 2017, services not recovering for another year – PSAC

Oil producers are using higher revenue to repair balance sheets, service company margins won’t improve until Q4 2017 Canadian oil and gas drilling activity will be flat in 2017, up only marginally from the¬†3,950 wells drilled this year, according to the Petroleum Services Association of Canada (PSAC). PSAC released its 2017 Canadian Drilling Activity Forecast […]