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ARTICLE · 06 JANUARY 2013

Canadian Energy Updates - December 2012

A round up of the past month's key Canadian Energy topics including Oil Sands, East Coast News, West Coast News, Emerging Issues.

CanadaEnergy and Natural Resources

Oil Sands News

The North West Redwater Partnership ("NWR"), with partners Canadian Natural Resources Limited ("CNRL") and North West Upgrading Inc. ("NWU"), has announced that it is proceeding with the construction of the Redwater bitumen refinery located near Edmonton...TransCanada has entered into an agreement with BP to acquire from BP its 40% interest in the assets of the Crossfield Gas Storage Facility...Enbridge Pipelines ("Enbridge") will be making a $1.8 billion expansion to its mainline system between Edmonton and Hardisty, Alberta. 

East Coast News 

Husky has signed a 5‐year contract with Seadrill, a Norwegian company, to use a semi‐ submersible rig, the West Mira, to operate in harsh environments...Shell Canada Limited has won exploration rights in five areas of the Laurentian Basin, 350 km southwest off the shore of Newfoundland and Labrador.

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