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Renewed Offshore Oil Project to Create 1,000 Jobs

  • 1 month ago
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According to a recent story by the Calgary Herald, Suncor Energy Inc. and Cenovus Energy Inc. are swapping interests in stalled offshore oil projects. It is a move that could restart work at both as well as boost job prospects. The agreements would restructure both the Terra Nova and West White Rose projects off the coast of Newfoundland and Labrador. With $205 million in funding from the provincial government, work will re-start on the Terra Nova project this month. The companies will evalua...

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New $211M Plant Coming to TX, New Jobs Created

  • 1 month ago
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As reported by Woodworking Industry News,  Engineered wood company RoyOMartin will construct a new OSB production facility in Texas under its subsidiary Corrigan OSB.  This is the Company's second facility in Corrigan, Texas the first of which is claimed to be "the most technologically advanced OSB facility in the U.S."  This initial facility employs 170, while the new facility is expected to create 50 jobs. Project costs are estimated to be $211 Million including a $278,000 grant from the Te...

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TC Energy Seeks $15B in Damages from US for Canceled Keystone XL Pipeline

  • 3 months ago
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In a news release posted to their website on Jul 2nd,TC Energy filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit. The company officially scrapped the project last month after President Joe Biden revoked a key permit on his first day in the White House. The permit to build a 1,200-mile pipeline in...

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New Gulf Coast Chevron Phillips Project to Support Up to 600 Jobs

  • 3 months ago
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Ealier this week S&B Engineers and Constructors (S&B) was awarded an engineering and construction contract with Chevron Phillips Chemical to engineer and build the company’s second U.S. world-scale unit to produce on-purpose 1-hexene. According to the release, The asset’s location will be in Old Ocean, Texas, near Chevron Phillips Chemical’s Sweeny facility. Job Creation & Economic Impact S&B anticipates 600 construction and engineering jobs will be created for the project at its peak. Constr...

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What it's like in the ‘Man Camps’ of West Texas

  • 3 months ago
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Thousands of oil workers are living in dormitory-like compounds in the Permian Basin, which is drawing fresh investment as oil prices have climbed higher. The Permian Basin, one of the world’s biggest oil plays, is drawing billions of dollars in new investment. Companies are scrambling to find people to do everything from operating drilling rigs to driving trucks. Wages have reached such lofty levels that even unskilled laborers can earn $100,000 a year. Many of the jobs are in remote areas wi...

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