Page 1 - NorthAmOil Week 25
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Issue 609 25•June•2020 Week 25
Bottlenecks ease
Having previously struggled with an oil takeaway capacity crunch, Canada is
seeing shipments via both pipeline and rail reduced.
Contractor selected
Aecon has been selected by Coastal GasLink Pipeline to be the prime
contractor for construction of its compressor and meter stations.
Making moves
Talos Energy has acquired 16 Gulf of Mexico assets from Castex Energy 2005
for $65mn, and has confirmed its revised borrowing base.
Cautious restart
Relatively stable oil prices have made certain US producers feel confident
enough to start restoring some of the output they have curtailed since March.
