Canadian Association Of Energy Contractors
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Drilling group predicts slight uptick in Canadian activity next yearThe Canadian Association of Energy Contractors is predicting a slight increase in drilling activity next year in Canada.EconomyDec 1
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Energy industry on both sides of border pushes back on tariffs: ‘Too many jobs on the line’'If we don't take this as a wake up call, Canada is in big trouble. We have basically a single customer for oil and gas — that's the United States.'PoliticsJan 24
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Oil and gas well drillers want federal funding to help industry decarbonizeThe Canadian Association of Energy Contractors (CAOEC) says it expects 6,229 wells to be drilled in Western Canada next year.EconomyNov 24, 2023
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Precision Drilling reports $3.5M Q4 profit, revenue up more than 70%Precision Drilling Corp. saw its fourth-quarter revenue increase by 73 per cent year-over-year, as North American oil and gas drilling activity continues to pick up.MoneyFeb 10, 2023
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Oil and gas drilling sector wants federal tax credit to help it decarbonizeThe group says labour recruitment and retention remain a challenge to overcome in the energy industry.CanadaNov 23, 2022
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Canadian energy sector expects uptick of activity in 2022The annual forecast is projecting 6,457 wells to be drilled in Canada next year, a 26 per cent increase over 2021, creating an additional 7,280 jobs in the industry.CanadaNov 23, 2021
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Shortage of rig workers could slow Canadian oilpatch recovery, industry warnsExperienced energy workers who left due to the pandemic or an oil price crash-related layoff aren't necessarily going to be enticed back by a paycheque, said an industry insider.EconomyOct 13, 2021
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Canadian oil drilling contractor association changes name to reflect energy transitionA 72-year-old bastion of the Canadian oilpatch is changing its name to Canadian Association of Energy Contractors to reflect its members' roles in all forms of energy generation.CanadaMay 27, 2021
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