oil rig

Containment system can trap offshore oil leaks, protect environment

Energy Industry

A Canadian company that specializes in supporting and licensing disruptive inventions to other companies has now secured the marketing rights to a radical new underwater oil spill protection system. Ottawa-based …

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Helicopter flight simulator to train offshore rig pilots in Newfoundland

Aerospace Industry

Newfoundland and Labrador is to get a new state-of-the-art helicopter training and research centre. The project will be financed by oil company Hibernia Management and Development Company (HMDC) and the …

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Drilling rigs growth depends more and more on LNG

Energy Industry

A report on the global land drilling industry says that the onshore drilling rig market is set to grow by about 13 per cent between now and 2016. It is …

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